Darktrace announces 35m share buyback after short seller attack
1st Feb 2023 07:19
(Sharecast News) - Cyber security firm Darktrace announced a share buyback on Wednesday of up to 35m shares.
Read moreDarktrace hits out after short seller takes stake
31st Jan 2023 12:35
(Sharecast News) - With its shares under pressure for the second day in a row, Darktrace hit back on Tuesday after Quintessential Capital Management reported a net short position in the cyber security firm and questioned the validity of its financial statements.
Read moreMorgan Stanley says broader growth story intact at Darktrace, upgrades
25th Jan 2023 11:47
(Sharecast News) - Analysts at Morgan Stanley upgraded their recommendation for shares of Darktrace from 'equalweight' to 'overweight', arguing that the "broader growth story remained intact".
Read moreDarktrace lowers FY revenue forecasts as customers spurn trials
11th Jan 2023 07:29
(Sharecast News) - UK cybersecurity company Darktrace lowered annual revenue forecasts as potential customers balked at trialling the company's products amid the tougher macro-economic environment.
Read moreDarktrace sees 'strong demand' for PREVENT offering
14th Nov 2022 08:43
(Sharecast News) - Cyber security firm Darktrace said on Monday that it had seen "strong demand" for its new PREVENT product family as more and more organisations sought to prevent cyber-attacks.
Read moreNumis starts coverage of Darktrace at 'buy'
4th Nov 2022 09:43
(Sharecast News) - Numis initiated coverage of Darktrace on Friday with a 'buy' rating and 520p price target.
Read moreDarktrace holds guidance but warns on FX headwinds
12th Oct 2022 07:27
(Sharecast News) - UK cybersecurity firm Darktrace maintained annual guidance but warned that foreign exchange headwinds could weigh on it during the period.
Read moreSunday newspaper round-up: British Steel, Takeovers, Credit Suisse
2nd Oct 2022 16:23
(Sharecast News) - Jingye Group, the Chinese outfit that brought British Steel out of insolvency in 2020, has told ministers that its two blast furnaces would not be viable unless financial support from taxpayers was forthcoming. In remarks to Sky News, insiders said the company may need "hundreds of millions of pounds" in order to keep the company's blast furnaces in Scunthorpe, north Lincolnshire, operational. It remained nevertheless unclear whether the rescue package would take the form of a grant or loan. - Sunday Telegraph
Read moreDarktrace swings to profit; takeover talks with Thoma Bravo terminated
8th Sep 2022 07:19
(Sharecast News) - Cybersecurity company Darktrace confirmed on Thursday that takeover talks with Thoma Bravo have been terminated as the tech investment firm does not plan to make an offer.
Read moreDarktrace in early takeover talks with PE firm Thoma Bravo
15th Aug 2022 18:37
(Sharecast News) - Cybersecurity firm Darktrace said late on Monday that it is in the early stages of discussions with private equity firm Thoma Bravo about a possible takeover offer.
Read moreDarktrace sees higher annual profit margin
19th Jul 2022 07:20
(Sharecast News) - Cyber security company Darktrace on Tuesday said it expected full-year core earnings margins to be above expectations, as customer numbers increased.
Read moreReputation risk further muddies investment case for Darktrace, says JPM
25th May 2022 08:31
(Sharecast News) - Darktrace was under the cosh on Wednesday as JPMorgan reiterated its 'underweight' rating on shares of the cybersecurity firm and slashed the price target to 320p from 400p, saying reputation risk has muddied the investment case further.
Read moreDarktrace distances itself from HP-Autonomy legal row
19th May 2022 08:13
(Sharecast News) - Cybersecurity firm Darktrace responded to reports on Thursday that one of its executives had been linked to the legal row surrounding Autonomy's sale to Hewlett Packard.
Read moreDarktrace executive named in Autonomy ruling - report
18th May 2022 09:42
(Sharecast News) - Shares in Darktrace fell sharply on Wednesday, after a senior director of the cyber security specialist was linked to the legal row over Autonomy's sale to Hewlett Packard.
Read moreDirector dealings: Darktrace execs make large sales, Card Factory directors invest
5th May 2022 12:59
(Sharecast News) - Card Factory had two entries on Thursday's list of director buys, after two of its board members bought shares in the company.
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