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Wireless

Inside Secure reports 37 percent organic revenue growth in Q1

Friday 20 April 2018 | 10:48 CET | News
Mobile and connected device security software company Inside Secure reported revenues of EUR 10.1 million for the first quarter, up 45 percent year-on-year. Excluding the two businesses acquired in 2017 (Meontrust and SypherMedia), revenues grew 37 percent organically to USD 9.5 million. Performance was boosted by the contribution of a US customer in the defence sector, which drove a 74 percent growth in revenues from royalties, amounting to USD 6.0 million overall, while revenues from licences were up by 23 percent to USD 2.9 million.

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Categories: Mobile & Wireless
Companies: Inside Secure
Countries: World
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