IronNet (IRNT) Misses Q2 EPS by 7c

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IronNet Reports Fiscal Second Quarter 2023 Financial Results

September 14, 2022 4:20 PM EDT

Announces Management Changes

Initiates Restructuring of the Company to Include Approximately 35% Further Headcount Reduction

Secures Convertible Debt Initial Commitment of $10 Million

MCLEAN, Va.--(BUSINESS WIRE)-- IronNet, Inc. (NYSE: IRNT) (IronNet), a leading provider of solutions Transforming Cybersecurity Through Collective Defense, announced today its financial results for the fiscal second quarter ended July 31, 2022.

We encountered unexpected headwinds in our transactional business this quarter. To contain costs, we are undertaking a further restructuring of the company with the support... More