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Honeywell and Rhombus Introduce AI-Driven, Cloud Video and Access Solution to Modernize Building Security
Prnewswire· 2026-03-26 11:30
Companies are increasingly shifting to cloud-based security and cloud video. According to Omdia*, cloud video solutions are growing annually at more than 20% and are projected to be the fastest-growing segment in the security industry through 2029. The Honeywell-Rhombus offering is perfectly positioned to support a paced, cost-efficient cloud journey for thousands of commercial and enterprise operations around the world while helping them to reduce risk. "At Rhombus, we've always believed the best physical ...
Corero Network Security Accelerates ARR Growth 23% as Demand for Real-Time Protection Surges
Prnewswire· 2026-03-24 11:00
Partnerships are a key growth engine, expanding Corero's reach and accelerating access to new markets. Alliances with global technology leaders, combined with strong channel execution, are driving new customer wins and expanding existing relationships worldwide. Innovation across the SmartWall ONEâ"¢ platform and CORE solution continues to set Corero apart from the competition, combining real-time protection with intelligent decisioning to stop multi-layer attacks instantly and enable faster, more informed ...
SuperCom Wins $17 Million National Electronic Monitoring Contract in Sweden
Prnewswire· 2026-03-19 13:00
SuperCom Wins $17 Million National Electronic Monitoring Contract in Sweden Accessibility StatementSkip NavigationHighest score in five-company competitive bid process expands SuperCom's national presence in Sweden, representing 6x expected growth over the prior projectFurther expansion opportunities remain for additional programs of substantial size such as alcohol monitoringTEL AVIV, Israel, March 19, 2026 /PRNewswire/ -- SuperCom(NASDAQ: SPCB), a global provider of secured solutions for the e-Government, ...
VIAVI Launches Observer Threat Forensics for NetSecOps with Advanced Retrospective Analysis
Prnewswire· 2026-03-18 10:30
VIAVI Launches Observer Threat Forensics for NetSecOps with Advanced Retrospective Analysis Accessibility StatementSkip Navigation Creates unified view of the organization, eliminates noise or data gaps, and allows retrospective analysis across network, application and user domains CHANDLER, Ariz., March 18, 2026 /PRNewswire/ -- VIAVI Solutions Inc.(VIAVI) (NASDAQ: VIAV) has announced its Observer Threat Forensicssolution with an advanced retrospective analysis capability. Observer Threat Forensics will be ...
LifeLock Expands Identity Protection to Adapt to the Complexity of Americans' Financial Lives
Prnewswire· 2026-02-12 15:00
Core Insights - LifeLock has expanded its identity protection services to address the complexities of Americans' financial lives, responding to reported cybercrime losses of $16.6 billion [1] - The company has introduced new products that provide comprehensive protection against identity theft and financial fraud, adapting to the evolving financial situations of consumers [1] Product Offerings - LifeLock Core is designed for individuals with basic checking and savings accounts, offering features such as 24/7 access to a Personal Restoration Specialist, proactive identity alerts, and up to $1.05 million in identity theft coverage [1] - LifeLock Advanced caters to those with credit or loan accounts, providing 3-Bureau credit monitoring, priority support, and $1.2 million in identity theft coverage along with $5,000 in scam reimbursement [1] - LifeLock Total is aimed at individuals with investments, properties, or retirement accounts, offering comprehensive monitoring across all major account types and $3 million in identity theft coverage, including up to $10,000 in scam reimbursement [1] Company Background - LifeLock is recognized as the leader in identity theft protection in the U.S. and is part of Gen Digital Inc. (NASDAQ: GEN), a company focused on empowering digital freedom through trusted consumer brands [1] - The company emphasizes its commitment to helping customers protect their identities and restore them in case of theft, supported by its Million Dollar Protection Package [1]
Corero Network Security and EdgeUno Partner to Scale Real-Time, Automated DDoS Protection Across Latin America
Prnewswire· 2026-02-10 12:00
Core Insights - Corero Network Security has formed a strategic partnership with EdgeUno to enhance automated DDoS protection services across Latin America [1] - The collaboration aims to combine EdgeUno's regional connectivity with Corero's advanced defense systems to ensure service availability during DDoS attacks [1] - The service will be rolled out in phases, starting with IP Transit customers and expanding to enterprises and service providers [1] Company Overview - Corero Network Security specializes in DDoS protection solutions, focusing on automatic detection and protection with network visibility, analytics, and reporting tools [1] - The company is headquartered in London and operates in the US and UK markets, listed on the London Stock Exchange's AIM market and the US OTCQX Market [1] - EdgeUno is a leading provider of connected edge infrastructure in Latin America, offering services across 17 countries and over 50 data centers [1] Service Benefits - The partnership ensures uninterrupted service during DDoS attacks, maintaining consistent application performance and business continuity for customers [1] - Customers of EdgeUno will benefit from enhanced peace of mind, knowing their service availability is protected without the need for internal security management [1] - The collaboration emphasizes the importance of service availability as a critical factor for customer reputation and revenue [1]
Gen to Present at the Barclays Global Technology Conference
Prnewswire· 2025-12-04 21:05
Core Insights - Gen Digital Inc. is a global leader focused on empowering Digital Freedom through its consumer brands [2] - The company will participate in a fireside chat at the Barclays Global Technology Conference on December 10, 2025 [1] Company Overview - Gen Digital Inc. operates under trusted brands such as Norton, Avast, LifeLock, and MoneyLion, providing services in cybersecurity, online privacy, identity protection, and financial wellness [2] - The company serves nearly 500 million users across more than 150 countries, emphasizing financial empowerment and cyber safety for digital generations [2] Upcoming Events - The fireside chat featuring CEO Vincent Pilette and CFO Natalie Derse will take place at 8:40 a.m. PT on December 10, 2025, and will be available for webcast [1]
Senstar Technologies Corporation Reports Third Quarter 2025 Financial Results
Prnewswire· 2025-11-25 21:10
Core Viewpoint - Senstar Technologies Corporation reported its financial results for the third quarter of 2025, highlighting a slight decline in revenue but an overall positive trend in year-to-date performance, particularly in high-value verticals such as Corrections and Energy [2][3]. Financial Performance - Revenue for Q3 2025 was $9.5 million, a decrease of 2.1% from $9.7 million in Q3 2024 [3][6]. - Gross profit for the third quarter was $6.4 million, resulting in a gross margin of 67.3%, compared to $6.6 million and 68.0% in the same quarter last year [3][6]. - Operating expenses rose to $5.2 million from $4.8 million in Q3 2024, primarily due to increased general and administrative costs related to strategic growth consulting [4][6]. - Operating income decreased to $1.1 million from $1.8 million year-over-year, influenced by the aforementioned consulting costs [4][6]. - Net income for Q3 2025 was $1.0 million, or $0.04 per share, down from $1.3 million, or $0.06 per share, in Q3 2024 [5][6]. - Year-to-date revenue increased by 8% compared to the same period in 2024, with year-to-date net income rising to $3.2 million from $1.0 million [6]. Operational Highlights - The company maintained a gross margin above targets, reflecting the effectiveness of its differentiated technology and operational efficiency [2]. - A robust pipeline and diversified geographic presence, along with a debt-free balance sheet featuring $21.7 million in cash, position the company for sustainable growth [2][6]. Market Position - Senstar is experiencing growth in its core verticals, particularly in Corrections and Energy, driven by increased investment in infrastructure protection globally [2]. - The company is gaining market share and strengthening its momentum in Utilities, Transport, and Data Centers through the adoption of advanced perimeter security solutions [2].
SuperCom Wins First State-Level Department of Corrections Contract in the United States, Marking Major Milestone in Nationwide Expansion
Prnewswire· 2025-11-19 14:52
Core Insights - SuperCom has secured its first state-level Department of Corrections contract in the U.S. through a strategic partnership, marking a significant milestone in its expansion strategy [1][2][3] - The contract involves deploying GPS-based electronic monitoring technology as part of Arizona's statewide Behavioral Health services, with implementation set to begin in January 2026 [1][2] - The partnership with a leading Arizona-based service provider was crucial in winning the competitive RFP process, allowing SuperCom to displace the incumbent vendor [3][4] Company Strategy - The achievement reflects the maturation of SuperCom's strategy, which began with regional partners and smaller county agencies, now progressing to state-level contracts [4] - The company aims to leverage this contract as a reference point for pursuing similar opportunities across the U.S. [3][4] - SuperCom's experience in Europe, where it transitioned from smaller projects to larger contracts, is seen as a parallel to its U.S. strategy [4] Financial Performance - SuperCom reported a record net income of $6 million and gross margins above 60% for the first nine months of the year, indicating a strong financial foundation to support larger state-level programs [4]
SuperCom Reports Record Net Income of $6 Million and Non-GAAP EPS of $2.17 for the First Nine Months of 2025
Prnewswire· 2025-11-13 14:15
Financial Performance - For the third quarter ended September 30, 2025, SuperCom reported a revenue of $6.2 million, a decrease from $6.9 million in the same period of 2024 [5] - Gross profit increased to $3.8 million from $3.2 million, resulting in a gross margin expansion to 60.8% from 45.6% [5] - Operating income surged to $0.64 million from $0.03 million, and net income increased to $0.7 million from a net loss of $0.4 million [5] - Non-GAAP net income surged 450% to $1.9 million from $0.3 million, with a non-GAAP net margin of 30.5% compared to 5% [5] - EBITDA doubled to $2.2 million from $1.1 million, with an EBITDA margin more than doubling to 34.6% from 15.6% [5] Year-to-Date Performance - For the first nine months of 2025, SuperCom reported revenues of $20.4 million, a slight decrease from $21.3 million in the same period of 2024 [21] - Gross profit increased to $12.5 million from $10.7 million, leading to a gross margin of 61.0%, up from 50.1% [21] - Operating profit rose to $2.96 million from $1.13 million, and net profit reached $6.0 million, up from $2.5 million [21] - Non-GAAP net income increased to $9.3 million from $4.9 million, with a non-GAAP net margin of 45.7%, compared to 23.2% [21] Business Highlights - Since mid-2024, SuperCom has secured over 30 new electronic monitoring contracts across the U.S., entering 12 new states and forming 14 new partnerships with regional service providers [5][6] - Recent contract wins include a $7 million national electronic monitoring contract in Germany, marking a strategic expansion into Europe's largest economy [7] - The company has continued to expand its footprint with new contracts in Tennessee, Wisconsin, and Alabama, including multiple competitive wins against incumbent providers [6][8] Management Commentary - The President and CEO of SuperCom expressed excitement over record results and improvements in profitability, highlighting a 140% year-over-year increase in net income and strong execution of their business model [6] - The company aims to continue its international expansion strategy, with over 15 national project wins and a high RFP win rate in Europe, while also focusing on scaling operations and expanding recurring revenue [8]