Cyren (CYRN) Tops Q2 EPS by 2c, Revenues Beat

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Cyren Announces Record Second Quarter 2018 Financial Results

August 8, 2018 6:00 AM EDT

MCLEAN, Va., Aug. 8, 2018 /PRNewswire/ -- Cyren (NASDAQ: CYRN) today announced its second quarter 2018 financial results for the period ending June 30, 2018.

During the second quarter, Cyren reported its highest ever quarterly revenues of $9.2 million an increase of 20% over the first quarter 2018, and 18% over the second quarter 2017.

The growth was driven primarily by a large contract expansion with Microsoft, and double digit growth in the enterprise business.  As previously announced, Microsoft has partnered with Cyren to integrate its anti-phishing technology... More