Cyren Reports Fourth Quarter and Full Year 2018 Financial Results

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Cyren (CYRN) Reports Q4 Loss of $0.07, Revenues Miss

February 13, 2019 6:11 AM EST

Cyren (NASDAQ: CYRN) reported Q4 EPS of ($0.07), versus ($0.09) reported last year. Revenue for the quarter came in at $9.5 million versus the consensus estimate of $9.8 million.

Revenues for the fourth quarter of 2018 were $9.5 million, compared to $7.5 million for the fourth quarter of 2017.Revenues for the year ended December 31, 2018 were $35.9 million compared to $30.8 million for fiscal year 2017.GAAP net loss for the fourth quarter of 2018 was $5.6 million, compared to a net loss of $7.2 million in the fourth quarter of 2017.GAAP net loss for the year... More