CORERO NETWORK SECURITY PLC (CNS) — H1 Results

Investor webinar replay

Replay transcript excerpt

Good afternoon, and welcome to the CORERO NETWORK SECURITY PLC H1 Results Investor Presentation. Throughout this recorded presentation, investors will be in listen only mode. Questions are encouraged, and they can be submitted at any time using the Q and A tab situated on the right hand corner of your screen. Simply type in your questions and press send. The company may not be in a position to answer every question received during the meeting itself. However, the company can review all questions submitted today and publish responses which is appropriate to do so. Before we begin, I would like to submit the following poll. And I would now like to hand you over to CEO, Carl Hertbugger. Good afternoon to you. Good morning, everyone, and thanks for joining the CORERO NETWORK SECURITY's half year results presentation for the six months ending 06/30/2024. For for those of you new to the CORERO story, we deliver advanced software, mostly, adaptive DDoS defense through automatic detection and mitigation solutions designed to protect organizations from the growing threat of denial of service or what's called routinely DDoS attacks. Our tech stack effectively safeguards thousands of leading internet service providers, hosting and cloud providers, as well as large SaaS platforms and providers against attacks that result in disruptive and harmful cyber events. Essentially, we keep companies that need to be up up and available. For those so I'm pleased that to report that CORERO had a very strong first half of the year, delivering robust sales growth, reflecting the strength of our business and ongoing demand of our solutions. Our group revenue increased 16% year over year, driven by new multiyear channel partnerships, significant customer wins and strategic enhancements to both ...