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Corero Network Security Secures $6M in New Orders To Close Q3 2024

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Corero Network Security (AIM: CNS) (OTCQB: DDOSF), a specialist in DDoS protection, has announced $6 million in new orders for Q3 2024, bringing the total orders for 2024 to $20.2 million. The company's SmartWall ONE™ DDoS protection solutions have driven expansion into new strategic geographies such as the Middle East and Latin America, while strengthening existing markets. Corero secured six additional customer wins in Q3, totaling 16 new customers for the year.

The company also expanded relationships with existing customers through contract renewals and upgrades, demonstrating continued trust in its SmartWall ONE solution. CEO Carl Herberger expressed enthusiasm for the new customers and growth with existing ones, highlighting the success of Corero's accelerated go-to-market strategy and its increasing ability to compete globally.

Corero Network Security (AIM: CNS) (OTCQB: DDOSF), specialista nella protezione DDoS, ha annunciato 6 milioni di dollari in nuovi ordini per il terzo trimestre del 2024, portando il totale degli ordini per il 2024 a 20,2 milioni di dollari. Le soluzioni di protezione DDoS SmartWall ONE™ dell'azienda hanno facilitato l'espansione in nuove aree geografiche strategiche come il Medio Oriente e l'America Latina, rafforzando al contempo i mercati esistenti. Corero ha ottenuto sei ulteriori clienti nel terzo trimestre, totalizzando 16 nuovi clienti per l'anno.

L'azienda ha inoltre ampliato le relazioni con i clienti esistenti attraverso rinnovi contrattuali e aggiornamenti, dimostrando una continua fiducia nella sua soluzione SmartWall ONE. Il CEO Carl Herberger ha espresso entusiasmo per i nuovi clienti e la crescita con quelli già esistenti, sottolineando il successo della strategia di go-to-market accelerata di Corero e la sua crescente capacità di competere a livello globale.

Corero Network Security (AIM: CNS) (OTCQB: DDOSF), especialista en protección DDoS, ha anunciado 6 millones de dólares en nuevos pedidos para el tercer trimestre de 2024, llevando el total de pedidos para 2024 a 20,2 millones de dólares. Las soluciones de protección DDoS SmartWall ONE™ de la empresa han impulsado la expansión hacia nuevas geografías estratégicas como el Medio Oriente y América Latina, al tiempo que fortalecen los mercados existentes. Corero obtuvo seis victorias adicionales de clientes en el tercer trimestre, totalizando 16 nuevos clientes para el año.

La empresa también amplió las relaciones con los clientes existentes a través de renovaciones de contratos y actualizaciones, demostrando la confianza continua en su solución SmartWall ONE. El CEO Carl Herberger expresó entusiasmo por los nuevos clientes y el crecimiento con los ya existentes, destacando el éxito de la estrategia de comercialización acelerada de Corero y su creciente capacidad para competir a nivel global.

코레로 네트워크 보안(CNS, AIM) (DDOSF, OTCQB)는 DDoS 보호 전문 기업으로서 2024년 3분기 동안 600만 달러의 신규 주문을 발표했으며, 올해 총 주문액은 2024년 기준으로 2020만2000달러에 달하게 되었습니다. 회사의 SmartWall ONE™ DDoS 보호 솔루션은 중동 및 라틴 아메리카와 같은 새로운 전략적 지역으로의 확장을 촉진하면서 기존 시장을 강화했습니다. 코레로는 3분기에 여섯 개의 추가 고객을 확보했습니다, 총 올해 16개의 신규 고객으로 늘어났습니다.

또한, 이 회사는 계약 갱신 및 업그레이드를 통해 기존 고객들과의 관계를 확장하며 SmartWall ONE 솔루션에 대한 지속적인 신뢰를 보여주었습니다. CEO 칼 헤르베르거는 새로운 고객과 기존 고객과의 성장을 보고하며 코레로의 가속화된 시장 진출 전략의 성공과 글로벌 경쟁력을 높이는 능력을 강조했습니다.

Corero Network Security (AIM: CNS) (OTCQB: DDOSF), spécialiste de la protection DDoS, a annoncé 6 millions de dollars de nouvelles commandes pour le troisième trimestre 2024, portant le total des commandes de 2024 à 20,2 millions de dollars. Les solutions de protection DDoS SmartWall ONE™ de l'entreprise ont permis une expansion vers deux nouvelles zones géographiques stratégiques comme le Moyen-Orient et l'Amérique Latine, tout en renforçant les marchés existants. Corero a sécurisé six victoires supplémentaires auprès de clients au troisième trimestre, totalisant 16 nouveaux clients pour l'année.

L'entreprise a également élargi les relations avec les clients existants grâce à renouvellements de contrats et mises à niveau, démontrant une confiance continue dans sa solution SmartWall ONE. Le PDG Carl Herberger a exprimé son enthousiasme pour les nouveaux clients et la croissance avec les clients existants, soulignant le succès de la stratégie d'accélération de mise sur le marché de Corero et sa capacité croissante à concurrencer à l'échelle mondiale.

Corero Network Security (AIM: CNS) (OTCQB: DDOSF), ein Spezialist für DDoS-Schutz, hat 6 Millionen Dollar an neuen Aufträgen für das dritte Quartal 2024 bekannt gegeben, was zu einem Gesamtauftragsvolumen von 20,2 Millionen Dollar für 2024 führt. Die DDoS-Schutzlösungen SmartWall ONE™ des Unternehmens haben die Expansion in neue strategische geografische Regionen wie den Nahen Osten und Lateinamerika vorangetrieben und gleichzeitig die bestehenden Märkte gestärkt. Corero sicherte sich im dritten Quartal sechs zusätzliche Kunden, was insgesamt 16 neue Kunden für das Jahr ergibt.

Das Unternehmen erweiterte auch die Beziehungen zu bestehenden Kunden durch Vertragsverlängerungen und Upgrades und zeigte so das anhaltende Vertrauen in seine SmartWall ONE-Lösung. CEO Carl Herberger äußerte sich begeistert über die neuen Kunden und das Wachstum mit bestehenden Kunden und hob den Erfolg von Coreros beschleunigter Markteintrittsstrategie und seine wachsende Fähigkeit hervor, global zu konkurrieren.

Positive
  • $6 million in new orders secured in Q3 2024
  • Total orders for 2024 reached $20.2 million
  • Expansion into new strategic geographies (Middle East and Latin America)
  • Six additional customer wins in Q3, totaling 16 new customers in 2024
  • Significant contract renewals and upgrades from existing customers
Negative
  • None.

Total Orders for 2024 Reach $20.2 Million

LONDON, Oct. 8, 2024 /PRNewswire/ -- Corero Network Security (AIM: CNS) (OTCQB: DDOSF), the distributed denial of service (DDoS) protection specialists, today announced it has secured $6 million in new orders during the third quarter of 2024. This strong close continues the company's customer acquisition momentum and brings Corero's total orders for 2024 to $20.2 million.

Corero's innovative SmartWall ONE™ DDoS protection solutions have driven the company's expansion into new strategic geographies such as the Middle East and Latin America, while also strengthening its foothold in existing markets. In Q3 2024, the company secured six additional customer wins, contributing to a total of 16 new customers so far this year.

Alongside new customer wins, Corero expanded relationships with existing customers through significant contract renewals and upgrades, demonstrating continued trust in its SmartWall ONE solution to meet evolving security needs and support business growth.

Carl Herberger, Chief Executive Officer at Corero Network Security, commented: "I am thrilled to welcome our new customers and delighted that we continue to grow with our existing customers. Renewals and upgrades demonstrate that we are successfully delivering on our customer promises and collectively these deals underline the market-leading capabilities of our cutting-edge SmartWall ONE solution. Our continued new customer win momentum since H1 2024 demonstrates the ongoing success of our accelerated go-to-market strategy and highlights Corero's increasing ability to compete across the global market."

About Corero Network Security
Corero Network Security is a leading provider of DDoS protection solutions, specializing in automatic detection and protection solutions with network visibility, analytics, and reporting tools. Corero's technology protects against external and internal DDoS threats in complex edge and subscriber environments, ensuring internet service availability. With operational centers in Marlborough, Massachusetts, USA, and Edinburgh, UK, Corero is headquartered in London and listed on the London Stock Exchange's AIM market (ticker: CNS) and the US OTCQB Market (OTCQB: DDOSF).

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SOURCE Corero Network Security

FAQ

What was Corero Network Security's (DDOSF) order value for Q3 2024?

Corero Network Security secured $6 million in new orders during the third quarter of 2024.

How many new customers did Corero Network Security (DDOSF) acquire in Q3 2024?

Corero Network Security acquired six additional customers in Q3 2024.

What is the total order value for Corero Network Security (DDOSF) in 2024?

The total orders for Corero Network Security in 2024 reached $20.2 million.

Which new markets has Corero Network Security (DDOSF) expanded into in 2024?

Corero Network Security has expanded into new strategic geographies such as the Middle East and Latin America in 2024.

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