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Enhanced RAFI US Small Price Re (Symbol: IRNT) is a company dedicated to cutting-edge cybersecurity solutions, bridging the gap between traditional approaches and the ever-evolving landscape of cyber threats. Recognizing the rapid sophistication and increased costs of cyber intrusions, IronNet Cybersecurity, the firm behind IRNT, offers advanced technologies and strategies to protect corporate secrets, private customer information, and brand reputations.
Founded by experts in the cybersecurity field, IronNet leverages collective defense strategies to help organizations detect, address, and mitigate cyber threats. The company’s core business revolves around providing comprehensive cybersecurity services, including real-time threat detection, extensive monitoring, and incident response solutions tailored to meet the specific needs of businesses across various industries.
Recent Achievements:
- Developed innovative solutions to combat advanced persistent threats (APTs).
- Formed strategic partnerships with industry leaders to enhance collective cybersecurity defenses.
- Received recognition for their cutting-edge technologies in several cybersecurity awards.
Current Projects:
- Expanding their cybersecurity platform to include more robust AI-driven threat detection capabilities.
- Collaborating with government entities to strengthen national cybersecurity frameworks.
- Enhancing their threat intelligence sharing network to provide real-time updates on emerging threats.
Financial Condition:
IronNet Cybersecurity has demonstrated steady growth in their financial performance, attributed to their expanding client base and continuous innovation in their service offerings. The company is actively investing in research and development to stay ahead in the fast-paced cybersecurity industry.
With their strong commitment to cybersecurity excellence, IronNet is uniquely positioned to protect organizations against the most complex and disruptive cyber threats, ensuring the safety and resilience of critical digital assets in an increasingly hostile cyber environment.
IronNet, Inc. (NYSE: IRNT) reported Q3 fiscal 2022 results, revealing a revenue of $6.9 million, slightly down from $7.0 million year-over-year. Cloud subscription revenue rose significantly by 74% to $3.8 million. However, the company revised its fiscal year revenue and ARR guidance downward due to delays in strategic customer opportunities primarily in the U.S. public sector. IronNet's Annual Recurring Revenue reached $27.5 million, up from $21.2 million a year prior. The operating loss was significant at $185.6 million, mainly due to one-time stock-based compensation expenses.
IronNet, Inc. (NYSE: IRNT) will release its Q3 fiscal 2022 financial results on December 15, 2021, after market close. Following the announcement, management will hold a conference call at 5:00 p.m. ET. Investors can access the call via this webcast or dial-in at 201-689-7807. The company, founded in 2014, specializes in Collective Defense cybersecurity solutions, leveraging expertise from former NSA operators.
IronNet, Inc. (NYSE: IRNT) has joined the Microsoft Intelligent Security Association (MISA), enhancing its commitment to cybersecurity collaboration. This membership allows IronNet to leverage its Collective Defense platform alongside Microsoft to better protect customers against evolving cyber threats. The integration with Microsoft Azure Sentinel and other Microsoft tools empowers enterprises with advanced detection and response capabilities. The partnership aims to bolster defenses against sophisticated cyberattacks, benefiting both public and private sectors.
IronNet, Inc. (NYSE: IRNT) expands its cybersecurity influence in the space sector by adding X-energy and Satelles to its Collective Defense Community for Space. This initiative facilitates real-time sharing of attack intelligence among members to enhance cybersecurity defenses. Noteworthy participants include Axiom Space and Intuitive Machines. The space industry, fueled by significant R&D investments, is prioritizing cybersecurity to protect critical assets. IronNet's platform utilizes AI-based technology to improve visibility and response to cyber threats, supporting organizations in a collaborative defense approach.
IronNet (NYSE: IRNT) has been recognized as the “Overall Advanced Persistent Threat (APT) Solution Provider of the Year” at the CyberSecurity Breakthrough Awards, marking its second consecutive win. This accolade highlights IronNet's innovative Collective Defense platform, which enhances cybersecurity through real-time threat intelligence sharing and advanced analytics. The program received over 4,000 nominations globally, underscoring IronNet's contributions in the cybersecurity landscape. The company's leadership emphasizes the importance of collaborative defense against nation-state-level cyber threats.
IronNet (NYSE:IRNT) announced its Q2 FY2022 results, reaffirming previous revenue and ARR guidance. Revenue decreased to
IronNet (NYSE: IRNT) expands its philanthropic commitment by sponsoring the fifth annual 9/11 Memorial & Museum Summit on Security, set for November 2021. This partnership aims to enhance public programming and discussions around national security and counterterrorism. Additionally, September 11 will now serve as a day of public service for IronNet employees, allowing them to engage in community charitable activities. The initiative underscores IronNet's commitment to transforming cybersecurity through Collective Defense.
IronNet, Inc. (NYSE: IRNT) announced that General (Ret.) Keith Alexander, co-CEO, will ring the Opening Bell at the New York Stock Exchange on September 9 to celebrate its listing after merging with LGL Systems Acquisition Corp. on August 26, 2021. This milestone highlights IronNet's mission to enhance cybersecurity through Collective Defense, utilizing behavioral analytics and real-time intelligence sharing against cyber threats. The cybersecurity market is expected to reach $40 billion by 2024.
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