Cyren (CYRN) Misses Q1 EPS by 1c, Miss on Revenues

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Cyren Announces First Quarter 2018 Financial Results

May 22, 2018 6:00 AM EDT

MCLEAN, Va., May 22, 2018 /PRNewswire/ -- Cyren (NASDAQ: CYRN) today announced its first quarter 2018 financial results for the period ending March 31, 2018.

During the first quarter, Cyren grew its enterprise bookings at a rate of 260% compared to the first quarter of 2017.  The growth was the result of continued traction with channel partners in Europe and the US, and the company added approximately 60 new enterprise customers and resellers during the period. 

The success during the quarter culminated in the signing of the... More