0
Wireless

Inside Secure posts 36% organic growth in core revenue, reduces full-year cost guidance

Friday 27 July 2018 | 10:15 CET | News
Inside Secure reported revenues of USD 12.4 million for the three months to June. Its core security software and licensing business saw revenues increase by 36 percent organically to USD 10.6 million. Including the two acquisitions made in 2017 (Meontrust and SypherMedia), core revenues grew 43 percent year-on-year. Non-recurring revenues amounted to USD 1.8 million in the quarter and were generated by Inside Secure's NFC patent licensing program with France Brevets, which signed a new license agreement with a major Chinese handset maker.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Categories: Mobile & Wireless
Companies: Inside Secure
Countries: World
::: add a comment
This article is part of dossier

NFC


Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Inside Secure agrees takeover of Verimatrix for USD 143 mln

Published 05 Dec 2018 18:04 CET | World
Inside Secure announced an agreement to acquire Verimatrix, more than doubling its size and expanding its security portfolio ...

Inside Secure gains latest PCI-DSS certification

Published 12 Oct 2018 10:42 CET | World
Mobile and connected device security software company Inside Secure has announced that its Mobile Payment Client and Mobile ...

Inside Secure selected by Norway's nationwide debit card system to secure contactless m-payments

Published 09 Oct 2018 13:54 CET | Norway
Inside Secure was selected by Vipps, the provider of Norway's national payment system BankAxept, to protect its mobile ...

DSP Group signs licence agreement with Inside Secure to use root-of-trust security features

Published 13 Jul 2018 10:34 CET | World
DSP Group, a provider of wireless chipset products for converged communications, has signed a licence agreement for components of ...

Kalray signs licence agreement with Inside Secure to use root-of-trust security products

Published 10 Jul 2018 10:21 CET | World
Kalray, a French company specialising in microprocessors for server manufacturers, car makers and intelligent system integrators, ...

Inside Secure, Andes to deliver IoT services for chipmakers in China, Asia markets

Published 29 Jun 2018 09:50 CET | Asia
Inside Secure and Andes Technology, a supplier of CPUs and SoC platforms for embedded systems in Asia, have signed a partnership ...

Inuitive signs license agreement with Inside Secure to use root-of-trust security feature

Published 29 May 2018 10:06 CET | World
Inuitive, an Israeli-based chip designer specialising in vision processing for augmented reality and virtual reality ...

Inside Secure reports 37 percent organic revenue growth in Q1

Published 20 Apr 2018 10:48 CET | World
Mobile and connected device security software company Inside Secure reported revenues of EUR 10.1 million for the first quarter, ...

Inside Secure expects higher costs, lower EBITDA margin in 2018

Published 23 Feb 2018 10:00 CET | World
Mobile and connected device security software company Inside Secure plans to accelerate its investments in product development ...