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SSH Communications Security Oyj (SSH1V.HE)

SSH1V.HE on Helsinki Stock Exchange

2.21EUR
4:48am EDT
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€0.02 (+0.91%)
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€2.19
Open
€2.19
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€2.22
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€2.19
Volume
3,954
Avg. Vol
32,353
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€4.39
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€1.86

Latest Key Developments (Source: Significant Developments)

SSH Communications Security operating loss widens to EUR 4.6 mln
Thursday, 9 Feb 2017 02:00am EST 

SSH Communications Security Oyj : Q4 net sales 4.1 million euros ($4.4 million) versus 4.3 million crowns year ago . Q4 operating loss 4.6 million crowns versus loss 1.3 million crowns year ago .Proposes that no dividend or return of capital shall be distributed.  Full Article

SSH Communications appoints new CEO and new executive management team
Friday, 30 Dec 2016 03:00am EST 

SSH Communications Security Oyj : Appoints new CEO and announces new executive management team .Has appointed Kaisa Olkkonen as new Chief Executive Officer.  Full Article

SSH Communications Security: Jukka Manner elected new Chairman
Friday, 30 Dec 2016 03:00am EST 

SSH Communications Security Corporation : Names Jukka Manner as new Chairman of Board .Manner to replace Kaisa Olkkonen, who was appointed CEO of company.  Full Article

SSH Communications Security lowers guidance on 2016 sales growth for 2016
Friday, 9 Dec 2016 07:30am EST 

SSH Communications Security Oyj : New guidance: in 2016, SSH Communications security estimates its revenue to be less than in 2015 . Software license and subscription sales are estimated to be considerably higher than in 2015 . Professional services sales are lower than in 2015, as expected .Old guidance: SSH Communications security estimates its revenue in 2016 to grow slightly from 2015.  Full Article

SSH Communications Security to cut 25 jobs globally
Monday, 5 Dec 2016 09:02am EST 

SSH Communications Security Oyj : Ends employee consultation process . Will refocus its operations around its core strategy and focuses its sales activities . In Europe, will concentrate its direct sales activities to Northern and Central Europe . Will reorganize its research and development efforts to better correspond to its customers' accelerating digital and cloud transformation . Will focus its sales and marketing activities in Asia to Hong Kong and will dissolve subsidiaries in Singapore and Japan . Will reduce its headcount by 17 people in Finland and by 8 people abroad totaling 25 globally .Initially estimated maximum need for personnel reductions was 37 people.  Full Article

SSH Communications Security Q2 oper loss narrows to EUR 1.6 million
Thursday, 21 Jul 2016 02:00am EDT 

SSH Communications Security Oyj : Q2 net sales 4.7 million euros ($5.2 million) versus 4.2 million euros year ago . Q2 operating loss 1.6 million euros versus loss 1.8 million euros year ago .In 2016 estimates its revenue to grow significantly from 2015.  Full Article

SSH Communications raises EUR 8 million from new share offering
Tuesday, 21 Jun 2016 01:48am EDT 

SSH Communications Security Oyj : Said on Monday it completed share offering . Subscription price was set at 2.72 euros per share, amounting to total proceeds of 8.0 million euros ($9.1 million) before commissions and expenses .Said about 3 million new shares were subscribed in offering, corresponding to about 9.4 pct of all shares and voting rights in prior to offering.  Full Article

SSH Communications' offering oversubscribed, book-building discontinued
Monday, 20 Jun 2016 08:50am EDT 

SSH Communications Security Oyj : Book-building procedure related to the company's offering discontinued due to over-subscription . Decided to discontinue reception of subscription offers .Discontinuation of book-building procedure will not affect schedule of offering in other respects.  Full Article

SSH offers up to 2,950,000 new shares to selected investors
Monday, 20 Jun 2016 02:40am EDT 

SSH Communications Security Oyj : Offers up to 2,950,000 new shares to institutional and other selected investors in an accelerated book-built offering . Tatu Ylönen has undertaken to subscribe for shares in amount of 2 million euros in offering . Book-building will commence immediately and is expected to end no later than on June 20 2016 at 18:45 . Trading in shares on Nasdaq Helsinki is expected to commence on or about June 27 2016. . Shares correspond to up to about 9.40 percent of all shares and voting rights in company immediately prior to offering .Says is continuing to invest in its specialty firewall..  Full Article

BRIEF-SSH Communications moves MobileID to Titansoft Oy
Friday, 10 Jun 2016 02:48am EDT 

SSH Communications Security Oyj : Says MobileID authentication product line will move to Titansoft Oy, a new joint-venture company in which SSH Communications Security is a shareholder . MobileID will form core of Titansoft's business . Says Moving MobileID to Titansoft is part of the company's long-term strategic focus on enterprise key management market .Says will continue to be reseller of MobileID when necessary.  Full Article

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