Analyst Research

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Provider: Reuters Investment Profile
Provider: MarketLine (a Datamonitor Company)
Provider: Wright Reports
Provider: GlobalData

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SSH Communications Security Oyj Lowers FY 2013 Sales Growth Guidance

Thursday, 17 Oct 2013 09:00am EDT 

SSH Communications Security Oyj announced that the Company has lowered its estimate on sales growth for the fiscal year 2013. The Company now expects its revenue in the fiscal year 2013 to grow 10% to 20% from the previous year. The lower revenue growth will impact profitability in 2013, but the full year still seems more likely to be profitable than not. In the previous guidance the Company estimated its revenue to grow significantly from 2012 driven by strong need for its products and services. The Company expected its financial year 2013 to be profitable.