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Sophos Group PLC (SOPH.L)

SOPH.L on London Stock Exchange

365.00GBp
14 Dec 2018
Change (% chg)

0.60 (+0.16%)
Prev Close
364.40
Open
362.00
Day's High
367.60
Day's Low
359.00
Volume
2,135,822
Avg. Vol
1,542,026
52-wk High
675.62
52-wk Low
281.00

Latest Key Developments (Source: Significant Developments)

Sophos Sees Modest Improvement In H2 2019 Billings Growth From H1
Wednesday, 7 Nov 2018 02:00am EST 

Nov 7 (Reuters) - Sophos Group PLC ::FY19 HALF-YEAR REPORT.REVENUE FOR H1 FY19 GREW BY 18%, OR 16% AT CONSTANT CURRENCY, TO $350 MILLION.HY REVENUE $349.5 MILLION VERSUS $296.8 MILLION.HY PROFIT BEFORE TAX OF $26 MILLION.ON TRACK TO DELIVER TWO SIGNIFICANT NEW RELEASES IN OUR FLAGSHIP PRODUCTS - INTERCEPT X WITH EDR, AND XG FIREWALL V17.5.EXPECT A MODEST IMPROVEMENT IN CONSTANT CURRENCY BILLINGS GROWTH IN H2 FY19 COMPARED TO FIRST HALF.HY PROFIT BEFORE TAX OF $26 MILLION VERSUS LOSS OF $35.5 MILLION.NOW EXPECT A MODEST IMPROVEMENT IN CONSTANT CURRENCY BILLINGS GROWTH IN H2 FY19 COMPARED TO THE FIRST HALF.FOR FY20, WOULD ANTICIPATE A SIGNIFICANT IMPROVEMENT IN THE RATE OF OVERALL CONSTANT CURRENCY YEAR-ON-YEAR BILLINGS GROWTH.  Full Article

Sophos Group Sees FY Reported Billings Growth Towards Top End Of Previously Guided Range Of 20-22 Pct Growth
Thursday, 5 Apr 2018 02:00am EDT 

April 5 (Reuters) - Sophos Group PLC ::ANNOUNCE ANOTHER YEAR OF STRONG GROWTH, IN LINE WITH OUR GOAL OF DELIVERING ANNUAL BILLINGS OF $1 BILLION FOR FY20​.‍ANTICIPATES FY REPORTED BILLINGS GROWTH TOWARDS TOP END OF PREVIOUSLY GUIDED RANGE OF 20-22% GROWTH.‍Q4 REPORTED BILLINGS GROWTH OF APPROXIMATELY 23%, OR 16% AT CONSTANT CURRENCY.  Full Article

Sophos Group Says Q3 Revenue Was $166.4 Mln
Thursday, 8 Feb 2018 02:00am EST 

Feb 8 (Reuters) - Sophos Group Plc ::‍BILLINGS FOR NINE-MONTH PERIOD (YEAR-TO-DATE: "YTD") INCREASED BY 21%, OR 20% AT CONSTANT CURRENCY​.‍CONTINUED STRONG GROWTH IN Q3, WITH BILLINGS +19% (+14% CONSTANT CURRENCY​).‍SUBSCRIPTION BILLINGS INCREASED BY 25% YTD, WITH GROWTH OF 20% IN Q3​.Q3 ‍REVENUE OF $166.4 MILLION VERSUS $134.8 MILLION YEAR AGO​.‍BOARD IS CONFIDENT BOTH IN OUTLOOK FOR FULL-YEAR AND LONGER-TERM PROSPECTS OF GROUP​.  Full Article

Bookrunner issues ‍result of placing in Sophos Group
Tuesday, 28 Nov 2017 02:00am EST 

Nov 28 (Reuters) - BOOKRUNNER::SOPHOS GROUP PLC: BOOKRUNNER ISSUES ‍RESULT OF PLACING IN SOPHOS GROUP PLC​.SOPHOS GROUP PLC: BOOKRUNNER SAYS SELLERS SOLD AGGREGATE OF 51.2 MILLION SHARES OF CO AT PRICE OF 616 PENCE PER SHARE RAISING AGGREGATE GROSS SALE PROCEEDS OF £315.3 MILLION.SOPHOS GROUP PLC: UBS LIMITED IS ACTING AS SOLE BOOKRUNNER IN CONNECTION WITH PLACING​.  Full Article

Bookrunner says Pentagon Lock, Apax to sell about 51.2 mln shares in Sophos Group
Monday, 27 Nov 2017 12:29pm EST 

Nov 27 (Reuters) - Bookrunner::BLOCK TRADE - SOPHOS GROUP: ‍​BOOKRUNNER SAYS PENTAGON LOCK S.À R.L, APAX GLOBAL ALPHA ANNOUNCE INTENTION TO SELL ABOUT 51,2 MILLION ORDINARY SHARES IN CO​.BLOCK TRADE - SOPHOS GROUP PLC: BOOKRUNNER SAYS ‍PLACING SHARES REPRESENT APPROXIMATELY 11 PER CENT OF COMPANY'S ISSUED ORDINARY SHARE CAPITAL.BLOCK TRADE - SOPHOS GROUP: ‍​BOOKRUNNER SAYS ‍PLACING SHARES ARE BEING OFFERED BY WAY OF AN ACCELERATED BOOKBUILD, WHICH WILL BE LAUNCHED IMMEDIATELY​.BLOCK TRADE - SOPHOS GROUP PLC: ‍UBS LIMITED IS ACTING AS SOLE BOOKRUNNER IN CONNECTION WITH PLACING​.  Full Article

Sophos ‍HY deferred revenue up 28 pct to $654.4 mln
Wednesday, 8 Nov 2017 02:04am EST 

Nov 8 (Reuters) - Sophos Group Plc :SOPHOS GROUP PLC - ‍HY NET CASH FROM OPERATIONS INCREASED BY 28% TO $80.7 MILLION, AND UNLEVERED FREE CASH FLOW 1 GREW 15% TO $71.4 MILLION​.SOPHOS GROUP - ‍HY DEFERRED REVENUE UP 28% OVER PRIOR-YEAR TO $654.4 MILLION, WITH $372.3 MILLION OF BALANCE DUE FOR RECOGNITION IN LESS THAN ONE YEAR​.SOPHOS GROUP PLC - ‍"RAISING OUR OUTLOOK FOR BILLINGS AND UNLEVERED FREE CASH FLOW FOR FULL YEAR​".  Full Article

Sophos hikes FY billings guidance
Wednesday, 6 Sep 2017 02:00am EDT 

Sept 6 (Reuters) - SOPHOS GROUP PLC ::"STRONG MOMENTUM IN BILLINGS GROWTH WE REPORTED IN Q1 FY18 HAS ACCELERATED IN OUR SECOND FISCAL QUARTER TO DATE".NOW EXPECT FY18 BILLINGS GROWTH OF C.20%, COMPARED TO OUR PREVIOUS GUIDANCE OF MID TO HIGH-TEENS GROWTH.‍RETAINS MEDIUM-TERM OUTLOOK OF $1BN OF BILLINGS BY MARCH 2020​.‍STRONG MOMENTUM IN BILLINGS GROWTH WE REPORTED IN Q1 FY18 HAS ACCELERATED IN SECOND FISCAL QUARTER TO DATE​.‍NOW EXPECT FY18 BILLINGS GROWTH OF C.20%, COMPARED TO CO'S PREVIOUS GUIDANCE OF MID TO HIGH-TEENS GROWTH​.  Full Article

Sophos Group says FY 2017 results ahead of expectations
Wednesday, 17 May 2017 02:02am EDT 

May 17 (Reuters) - Sophos Group Plc ::FY17 results ahead of expectations, unlevered free cash flow of $133 million.FY17 reported billings grew 18.2% to $632.1 million, or by 19.9% at constant currency.Cash flow growth exceptionally strong, with unlevered free cash flow almost tripling to $133.4 million.Very strong performance from Sophos Central, growing 220% to $87.7 million from $27.4 million in prior year.Final dividend of 3.3 US cents per share, an increase of 200%; total dividend for year of 4.6 US cents, an increase of 156% over prior year.  Full Article

Finjan holdings units enters into an omnibus agreement with Sophos Group
Monday, 3 Apr 2017 08:30am EDT 

Finjan Holdings Inc : Finjan units announced that on March 30 entered into an omnibus agreement with Sophos Group, PLC, Sophos Limited, and Sophos Inc . Agreement resolved all parties' disputes .Terms of agreement are confidential.  Full Article

Sophos to buy Invincea's commercial software products business
Wednesday, 8 Feb 2017 02:01am EST 

Sophos Group Plc : Acquisition of Invincea . Has entered into a definitive agreement to acquire commercial software products business of Invincea, inc . Purchase from from its existing shareholders for $100 million plus a $20 million earn-out .Expects to complete acquisition around end of current fiscal year.  Full Article

Sophos shares plummet after cutting second-half forecast

Nov 7 Sophos Group Plc's shares fell about 39 percent and were on track for their worst day ever, after the cyber security company cut its billings forecast for the second half of fiscal 2019 and posted lower-than-expected billings numbers in the first half.