Corero Network Security (LON:CNS) has reported a strong first half of 2026, with revenue up 42%, bookings up 14%, ARR increasing 12% and EBITDA moving from a $1.4 million loss to a $2.6 million profit. CFO Chris Goulden explains what is driving the improvement, why a post-period Tier 1 US telecoms contract is an important validation of Corero’s refreshed product strategy, and how tightening cyber-resilience regulation is feeding into the sales pipeline. He also addresses recent share-price volatility and discusses how larger, faster and increasingly complex DDoS attacks are strengthening demand for Corero’s solutions.
Key Moments
00:17 — First-half momentum builds on a stronger 2025
00:41 — Bookings rise 14% and revenue climbs 42%
00:57 — ARR grows 12% as gross margin reaches 93%
01:13 — EBITDA swings to a $2.6 million profit
01:29 — Tier 1 US telco win validates the product strategy
02:38 — What drove the post-update share-price volatility
03:29 — Saba Capital and the shareholder sell-down explained
04:10 — Regulation starts driving DDoS demand
04:32 — DORA creates new opportunities in financial services
05:38 — DDoS attacks are getting larger, faster and more complex
06:22 — Corero recognised again as an emerging DDoS innovator
06:47 — Growing threats feed into pipeline and retention
Corero Network Security provides DDoS protection and cyber-resilience solutions designed to help organisations protect network availability and maintain control of their data. Its offering includes on-premise technology that can help customers address resilience and data-sovereignty requirements, with the company targeting telecoms operators, financial institutions and other organisations exposed to increasingly sophisticated DDoS threats.
