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Osirium Technologies PLC - Berkshire, England-based cybersecurity firm - Reports a record quarter for bookings in the first quarter of 2022. ‘The group is seeing continued growth in contract values and a return to pre-pandemic levels,’ the company says.
Five contracts secured in the first three months of 2022 are each at a larger value than any individual contract the firm signed in the financial year 2021, Osirium explains. Its partner ITHealth delivered over £300,000 of business in the period, it adds.
‘We've seen increasing demand for our PAM IT security capabilities along with a return to pre-pandemic contract values,’ comments David Guyatt, Chief Executive Officer of Osirium.
The value of its multi-solution suite centred around privileged production is coming to the fore, Osirium says.
Current stock price: 8.14 pence, up 28% on Tuesday
12-month change: down 65%
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