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Byrna Technologies to Report Fiscal Second Quarter 2025 Financial Results on Thursday, July 10, 2025 at 9:00 a.m. ET
Globenewswire· 2025-06-24 12:00
Core Viewpoint - Byrna Technologies Inc. will hold a conference call on July 10, 2025, to discuss its financial results for the fiscal second quarter ended May 31, 2025 [1] Group 1: Conference Call Details - The conference call is scheduled for Thursday, July 10, 2025, at 9:00 a.m. Eastern time [2] - Participants can join the call using a toll-free dial-in number or an international dial-in number, with a conference ID provided [2] - The call will be broadcast live and available for replay on Byrna's website [3] Group 2: Company Overview - Byrna Technologies specializes in developing, manufacturing, and selling innovative less-lethal personal security solutions [4] - The company produces the Byrna SD personal security device, which is a handheld CO2 powered launcher designed as a less-lethal alternative to firearms [4] - Byrna's products are targeted at consumers, private security, and law enforcement markets [4]
Xtract One Selected to Support San Mateo Medical Center in Keeping Patients and Staff Secure
Globenewswire· 2025-06-24 11:00
SmartGateway Deployment Addresses California’s New Mandate for Hospital Weapons DetectionTORONTO, June 24, 2025 (GLOBE NEWSWIRE) -- Xtract One Technologies (TSX: XTRA)(OTCQX: XTRAF)(FRA: 0PL) (“Xtract One” or the “Company”) today announced its SmartGateway has been selected by San Mateo Medical Center, located in San Mateo, CA, to strengthen the facility’s security and provide AI-powered weapon detection. Xtract One’s leading technology-driven threat detection and security solutions are designed to enhance ...
Fortinet(FTNT) - 2017 Q4 - Earnings Call Presentation
2025-06-24 10:12
Q4 2017 Financial Performance - Billings reached $534 million, a 15% year-over-year increase compared to $463 million in Q4 2016[4] - Revenue totaled $417 million, up 15% from $363 million in Q4 2016[4] - Free cash flow surged to $144 million, a 71% increase from $84 million in Q4 2016[4] - Deferred revenue grew by 29% year-over-year, reaching $1336 billion compared to $1035 billion in Q4 2016[4] Full Year 2017 Financial Performance - Billings for 2017 amounted to $1796 billion, a 19% increase from $1515 billion in 2016[24] - Revenue for 2017 reached $1495 billion, a 17% increase from $1275 billion in 2016[24] - Free cash flow for 2017 was $459 million, a 65% increase from $279 million in 2016[24] - Net income for 2017 was $185 million, a 43% increase from $130 million in 2016[24] Q1 and Full Year 2018 Guidance - The company projects Q1 2018 billings to be between $449 million and $457 million, representing a 12% year-over-year growth[28] - The company anticipates full year 2018 billings to be between $2030 billion and $2050 billion, representing a 14% year-over-year growth[28] - The company expects full year 2018 revenue to be between $1695 billion and $1715 billion, representing a 14% year-over-year growth[28]
WISeKey’s Subsidiaries WISeSat and SEALSQ Launch New Satellite with SpaceX, Enabling the First-Ever DePIN from Space and Advancing Quantum-Safe Space Communications
Globenewswire· 2025-06-23 22:36
Courtesy of SpaceX WISeKey’s Subsidiaries WISeSat and SEALSQ Launch New Satellite with SpaceX, Enabling the First-Ever DePIN from Space and Advancing Quantum-Safe Space Communications SEALSQ and WISeSat are setting the foundation for a new generation of cyber-resilient, quantum-ready space systems, redefining global digital trust from orbit Geneva, Switzerland, June 23, 2025 –WISeKey International Holding Ltd (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY), a leading global cybersecurity, blockchain, and IoT compan ...
WISeKey's Subsidiaries WISeSat and SEALSQ Launch New Satellite with SpaceX, Enabling the First-Ever DePIN from Space and Advancing Quantum-Safe Space Communications
GlobeNewswire News Room· 2025-06-23 22:36
Core Insights - WISeKey's subsidiary WISeSat has successfully launched the WISeSat 3 satellite aboard SpaceX's Falcon 9, marking a significant advancement in space-based cybersecurity and decentralized infrastructure [2] - The satellite integrates Quantum RootKey technology from SEALSQ, enabling the first-ever Decentralized Physical Infrastructure Network (DePIN) from space, which transforms the role of satellites in decentralized finance and secure digital identity [3] - The mission implements post-quantum cryptography (PQC) to secure satellite communications against future threats from quantum computers, ensuring data integrity and confidentiality [4][7] Technological Advancements - The satellite architecture supports the integration of PQC within a hybrid framework, enhancing secure communication between orbital and ground-based infrastructure [5] - PQC algorithms are embedded directly into satellite hardware, isolating cryptographic processing from critical systems to minimize vulnerabilities [6] - The cryptographic algorithms onboard follow the latest standards from the U.S. National Institute of Standards and Technology (NIST), aligning with global efforts to future-proof digital infrastructure [7] Strategic Implications - The launch is a strategic move towards making space communications quantum-resilient, reshaping the convergence of cybersecurity, finance, and space technology [8] - WISeSat's innovation in post-quantum cryptography sets a precedent for trusted communication and data transmission in the future [9] - The satellite launch contributes to a growing constellation that enhances Europe's capabilities in space and cybersecurity, promoting technological independence in the quantum computing era [9]
How China is building an army of hackers #tech
Bloomberg Television· 2025-06-23 19:56
In 2018, Chinese researchers no longer traveled to compete in international hacking competitions. Anyone who wanted to do so had to get special permission from the Chinese government. The travel and competition restrictions placed on Chinese hackers were all about building what Jaime calls a cyber army.China really began in earnest to invest in the cyber population in its country. It invested in the tech. It invested in the talent and it became a very concerted focus for the regime.And you are just seeing a ...
Allegion (ALLE) Upgraded to Buy: Here's What You Should Know
ZACKS· 2025-06-23 17:01
Core Viewpoint - Allegion (ALLE) has been upgraded to a Zacks Rank 2 (Buy) due to an upward trend in earnings estimates, indicating a positive earnings outlook that could lead to increased stock price [1][3]. Earnings Estimates and Stock Price Movement - The Zacks rating system is based on changes in a company's earnings picture, which is a significant factor influencing stock prices [2][4]. - Changes in future earnings potential, as reflected in earnings estimate revisions, are strongly correlated with near-term stock price movements, particularly due to institutional investors' actions [4]. Allegion's Earnings Outlook - Allegion is expected to earn $7.77 per share for the fiscal year ending December 2025, with no year-over-year change [8]. - Over the past three months, the Zacks Consensus Estimate for Allegion has increased by 0.5%, indicating a positive trend in earnings estimates [8]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with Zacks Rank 1 (Strong Buy) stocks generating an average annual return of +25% since 1988 [7]. - Allegion's upgrade to Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, suggesting a strong potential for market-beating returns in the near term [10].
Okta's Security Portfolio Expands Clientele: A Sign of More Upside?
ZACKS· 2025-06-23 16:36
Core Insights - Okta (OKTA) is experiencing strong growth driven by its innovative product offerings, particularly among large-cap clients including Global 2000 companies and government agencies [1][2][3] Group 1: Customer Growth and Adoption - Okta's customer base with annual contract values exceeding $1 million grew by 20% year-over-year, indicating robust enterprise adoption [2][8] - Significant demand is noted from critical sectors such as energy, telecom, and insurance, with clients seeking solutions for employee identity security and API protection [2] - The public sector is contributing to this growth, with four of Okta's top ten deals in Q1 fiscal 2026 coming from U.S. government entities utilizing FedRAMP-compliant solutions [3][8] Group 2: Product Innovations - In response to complex client needs, Okta has launched new solutions including Identity Governance (OIG), Identity Threat Protection (ITP), and Privileged Access (OPA) [2][8] - The Customer Identity Cloud (Auth0) is gaining traction, with notable implementations by a Global 2000 energy company and a major tech reseller switching from Microsoft to Auth0 for enhanced scalability [4] Group 3: Competitive Landscape - CyberArk Software is a key competitor, known for its comprehensive identity security platform and strong margins, bolstered by recent acquisitions [5] - SailPoint is another competitor, recognized for its Identity Governance & Administration capabilities and extensive partner ecosystem, offering low-code/no-code workflows and AI-driven access recommendations [6] Group 4: Financial Performance and Estimates - Okta's shares have appreciated by 26.1% year-to-date, outperforming the Zacks Security industry's return of 20.2% [7] - The Zacks Consensus Estimate for Okta's 2026 revenues is $2.86 billion, reflecting a year-over-year growth of 9.44%, with earnings expected to reach $3.28 per share, indicating a growth of 16.73% from fiscal 2025 [10]
CrowdStrike vs. Okta: Which Cybersecurity Stock is a Better Buy?
ZACKS· 2025-06-23 16:26
Industry Overview - The cybersecurity market is projected to witness a CAGR of 12.63% from 2025 to 2030, driven by the rise of complex attacks such as credential theft and social engineering [2]. Company Analysis: CrowdStrike (CRWD) - CrowdStrike specializes in endpoint protection and extended detection and response (XDR) through its Falcon platform, which is recognized as the industry's first multi-tenant, cloud-native, intelligent security solution [4]. - The Falcon platform offers 29 cloud modules via a SaaS subscription model, with subscription-based sales increasing from 72% in fiscal 2017 to 95% in fiscal 2025 [5]. - Despite strong growth, CrowdStrike faces challenges due to negative customer sentiment following a global IT outage in July 2024, leading to a Customer Commitment Package that compresses profitability [6]. - The Zacks Consensus Estimate indicates a year-over-year decline of 10.94% in CrowdStrike's fiscal 2026 earnings, with current estimates showing earnings of $3.50 per share for the current year [7][8]. Company Analysis: Okta (OKTA) - Okta focuses on identity and access management, providing cloud-based solutions that enhance user data security, and reported strong growth with $4.08 billion in remaining performance obligations and 4,870 customers with over $100K in Annual Contract Value, a 7% increase year-over-year [10][12]. - The company is well-positioned in identity security, leveraging a broad portfolio that includes solutions for identity governance and privileged access, which are increasingly important due to the rise of non-human identities driven by AI [11][13]. - Okta's revenue and earnings for fiscal 2026 are projected to grow by 9.44% and 16.73%, respectively, indicating a strong growth trajectory compared to CrowdStrike [14]. Valuation and Performance Comparison - Year-to-date, CrowdStrike shares have appreciated by 39.2%, while Okta shares have surged by 26.2% [16]. - Okta is trading at a forward sales multiple of 5.87X, significantly below the industry average of 14.51X, while CrowdStrike's forward sales multiple is 22.93X, suggesting overvaluation [20]. Conclusion - Given the current challenges faced by CrowdStrike, including reputational damage and profitability pressures, Okta's focus on identity solutions and stronger earnings growth potential make it a more attractive investment option in the cybersecurity space [23].
Telos Corporation Reaches 350 TSA PreCheck Enrollment and Renewal Locations Nationwide
Globenewswire· 2025-06-23 12:20
Core Points - Telos Corporation has expanded its TSA PreCheck enrollment network by opening 41 new locations in May and another 41 in June 2025, totaling 350 enrollment centers across 38 states [1][2][3] - The expansion aims to provide greater access and convenience for travelers, allowing them to enroll in TSA PreCheck at various partner locations, including Office Depot [1][2] - TSA PreCheck members enjoy expedited security screening, with 99% of members waiting less than 10 minutes at airport checkpoints [3][5] Company Overview - Telos Corporation (NASDAQ: TLS) specializes in security solutions, including cybersecurity, cloud security, and enterprise security for various sectors, including commercial and government clients [6] - The company is an authorized provider for TSA PreCheck, a program designed to expedite airport security for low-risk travelers, which has grown to over 20 million active members since its launch in December 2013 [5][6] Enrollment Process - New TSA PreCheck applicants can pre-enroll or schedule appointments through the Telos TSA PreCheck website, while existing members can renew their membership online [4] - The TSA PreCheck program is part of the Department of Homeland Security's Trusted Traveler initiative, facilitating faster security checks at over 200 airports with participation from more than 90 airlines [5]