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SSH Communications Security Oyj (SSH1V.BE)

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Latest Key Developments (Source: Significant Developments)

SSH Communications Security Q2 Operating Profit At EUR 0.4 Million
Wednesday, 17 Jul 2019 02:00am EDT 

July 17 (Reuters) - SSH Communications Security Oyj ::REG-SSH COMMUNICATIONS SECURITY CORPORATION INTERIM REPORT JANUARY 1 – JUNE 30, 2019.APRIL-JUNE NET SALES TOTALED EUR 4.0 MILLION (EUR 4-6/2018: 3.7 MILLION).APRIL-JUNE OPERATING PROFIT WAS EUR 0.4 MILLION (EUR -0.1 MILLION).APRIL-JUNE PROFIT FOR PERIOD WAS EUR 0.2 MILLION (EUR 0.0 MILLION).OUTLOOK IN CYBERSECURITY SEGMENT REMAINS GOOD..WE ARE SEEING INCREASED AWARENESS OF SSH KEY MANAGEMENT RELATED RISKS ESPECIALLY IN US WHICH HEIGHTENS OUR PROSPECTS' AND CUSTOMERS' INTEREST IN UKM AND RELATED SERVICES.WE ARE STILL EXPECTING SIGNIFICANT QUARTERLY VOLATILITY DUE TO TIMING OF LARGE DEALS AND OUR ONGOING TRANSITION TOWARDS SUBSCRIPTION-BASED SALES.FOR YEAR 2019, WE EXPECT DOUBLE-DIGIT PERCENTAGE GROWTH FROM OUR SOFTWARE BUSINESS.IN MEDIUM TERM, WE EXPECT SIMILAR OR FASTER GROWTH AND WILL ALSO EXPLORE AVENUES FOR ACCELERATED GROWTH THROUGH INORGANIC GROWTH OPPORTUNITIES.POSSIBLE SIGNIFICANT QUARTERLY VARIATION IN REVENUE GROWTH IS STILL TO BE EXPECTED DUE TO TIMING OF LARGER DEALS OVER FINANCIAL YEAR..  Full Article

SSH Communications Security Announces Its Growth Vision
Tuesday, 4 Jun 2019 02:00am EDT 

June 4 (Reuters) - SSH Communications Security Oyj ::REG-SSH COMMUNICATIONS SECURITY CORPORATION ANNOUNCES ITS SSH200 GROWTH VISION.AIMS AT OVER 200 MILLION EUROS IN LONG TERM ANNUAL REVENUE IN IDENTITY AND ACCESS MANAGEMENT MARKET.SSH.COM IS EXPLORING STRATEGIC ACTIONS TO ACCELERATE GROWTH AND INCREASE SHAREHOLDER VALUE.SSH200 VISION DESCRIBES SSH.COM'S LONG-TERM GROWTH AMBITIONS.GROWTH VISION IS BASED ON SYSTEMATIC LONG-TERM ACTIVITIES, AND RESULTS WILL START SHOWING OVER TIME.GROWTH VISION DOES NOT AFFECT OUR PUBLISHED GUIDANCE, WHICH REMAINS UNCHANGED.  Full Article

SSH Communications Security Q1 Net Sales EUR 2.7 Million
Wednesday, 17 Apr 2019 02:00am EDT 

April 17 (Reuters) - SSH Communications Security Oyj ::REG-SSH COMMUNICATIONS SECURITY CORPORATION INTERIM REPORT JANUARY 1 – MARCH 31, 2019.Q1 NET SALES EUR 2.7 MILLION VERSUS EUR 4.8 MILLION YEAR AGO.SIGNIFICANT DECREASE IN REVENUE COMPARED TO STRONGER Q1 IN 2018..FOR YEAR 2019, WE EXPECT DOUBLE DIGIT PERCENTAGE GROWTH FROM OUR SOFTWARE BUSINESS.REPEATS GUIDANCE.  Full Article

SSH.COM and Thales eSecurity Form Partnership
Monday, 3 Dec 2018 07:15am EST 

Dec 3 (Reuters) - SSH Communications Security Oyj ::REG-SSH.COM AND THALES ESECURITY FORM PARTNERSHIP.PARTNERSHIP TO ENABLE USE OF THALES HSMS TO SECURE SSH.COM'S UKM SOLUTION.  Full Article

SSH To Cooperate With Ubisecure
Friday, 30 Nov 2018 02:45am EST 

Nov 30 (Reuters) - SSH Communications Security Oyj ::TO COOPERATE WITH UBISECURE.  Full Article

SSH Communications Security Corporation Q3 Operating Loss Flat At EUR 0.8 Mln
Tuesday, 23 Oct 2018 02:00am EDT 

Oct 23 (Reuters) - SSH Communications Security Oyj ::REG-SSH COMMUNICATIONS SECURITY CORPORATION INTERIM REPORT JANUARY 1 – SEPTEMBER 30, 2018.Q3 NET SALES EUR 3.4 MILLION VERSUS EUR 3.0 MILLION YEAR AGO.Q3 OPERATING LOSS EUR 0.8 MILLION VERSUS LOSS EUR 0.8 MILLION YEAR AGO.  Full Article

SSH Communications Security Signs Deal Worth $2.0 Million
Wednesday, 17 Oct 2018 02:30am EDT 

Oct 17 (Reuters) - SSH Communications Security Oyj ::SIGNS A SIGNIFICANT CONTRACT FOR UNIVERSAL SSH KEY MANAGER® WITH A MAJOR GLOBAL RETAIL COMPANY.ORDER RECEIVED INCLUDES A SOFTWARE LICENSE AND MAINTENANCE AGREEMENT WORTH USD 2.0 MILLION.ROUGHLY EUR 1.5 MILLION OF ORDER TOTAL WILL BE RECOGNIZED AS REVENUE DURING Q4 OF 2018.  Full Article

SSH And State Security Networks Form Joint Venture
Thursday, 21 Jun 2018 03:00am EDT 

June 21 (Reuters) - SSH COMMUNICATIONS SECURITY OYJ ::REG-SSH COMMUNICATIONS SECURITY CORPORATION AND STATE SECURITY NETWORKS GROUP FINLAND FORM A JOINT VENTURE.AGREEMENT WHICH MAKES STATE SECURITY NETWORKS A MINORITY SHAREHOLDER IN KYBERLEIJONA OY FOUNDED BY SSH..SSH WILL OWN 65% AND STATE SECURITY NETWORKS WILL OWN 35% OF JOINT VENTURE COMPANY.STATE SECURITY NETWORKS WILL MAKE AN INVESTMENT OF EUR 1 MILLION TO JOINT VENTURE.BUSINESS IS EXPECTED TO COMMENCE DURING H2 2018 BUT REVENUE IMPACT DURING 2018 IS DIFFICULT TO ASSESS.  Full Article

SSH Communications Security Gets Firewall Certified By Finnish Authority
Wednesday, 20 Jun 2018 03:00am EDT 

June 20 (Reuters) - SSH COMMUNICATIONS SECURITY OYJ ::REG-THE FINNISH COMMUNICATIONS REGULATORY AUTHORITY HAS CERTIFIED SSH NQX™ FIREWALL AND VPN APPLIANCE.FINNISH COMMUNICATIONS REGULATORY AUTHORITY HAS CERTIFIED SSH NQX™ FIREWALL AND VPN APPLIANCE.  Full Article

SSH Communications Security Q1 Operating Profit At EUR 0.1 Million
Thursday, 19 Apr 2018 02:00am EDT 

April 19 (Reuters) - SSH COMMUNICATIONS SECURITY OYJ ::Q1 NET SALES EUR 4.8 MILLION VERSUS EUR 3.1 MILLION YEAR AGO.Q1 OPERATING PROFIT EUR 0.1 MILLION VERSUS LOSS EUR 1.7 MILLION YEAR AGO.  Full Article