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Cyberoo S.p.A. Reports Stable Revenue and Strategic Investments in Cybersecurity

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Cyberoo S.p.A. Reports Stable Revenue and Strategic Investments in Cybersecurity

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The latest announcement is out from Cyberoo S.p.A. ( (IT:CYB) ).

Cyberoo S.p.A. reported a stable revenue performance in its semi-annual financial report, driven by growth in its cybersecurity division, particularly through the Cyberoo Docetz division and vCISO services. Despite a decrease in EBITDA due to strategic investments in the new Keatrix solution, the company remains optimistic about future growth, supported by regulatory changes and international expansion efforts in Poland and Spain.

The most recent analyst rating on (IT:CYB) stock is a Hold with a EUR3.20 price target. To see the full list of analyst forecasts on Cyberoo S.p.A. stock, see the IT:CYB Stock Forecast page.

More about Cyberoo S.p.A.

Cyberoo S.p.A. is an innovative SME listed on the Euronext Growth Milan market, specializing in cybersecurity solutions for businesses. The company focuses on Managed Detection & Response (MDR) services and has a strong presence in the cybersecurity industry, with a market focus on enhancing digital resilience for companies.

Average Trading Volume: 60,282

Technical Sentiment Signal: Sell

Current Market Cap: €78.69M

Learn more about CYB stock on TipRanks’ Stock Analysis page.

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