29th Jun 2016 06:57
LONDON (Alliance News) - Network security services provider Sophos Group PLC on Wednesday said trading has remained strong, and it anticipates billings in the first quarter of its financial year will outpace its expectations.
Sophos said like-for-like billings growth in the quarter to the end of June is anticipated to be 20% to 23% year-on-year, boosted by a material contract with an existing customer.
The group said its total billings for the first quarter are set to beat its expectations and affirmed its guidance for the year to the end of March 2017.
By Sam Unsted; [email protected]; @SamUAtAlliance
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