CY4Gate SpA ( (IT:CY4) ) has issued an update.
CY4Gate’s Board of Directors has approved the 2024 financial statements, highlighting a 15% increase in order intake and a 40% growth in backlog, signaling strong strategic execution and customer trust. The company anticipates 2025 revenues between €84-87 million, with significant contributions from recurring contracts and a robust commercial pipeline, despite challenges in the foreign forensic intelligence segment.
More about CY4Gate SpA
CY4Gate S.p.A., part of the ELT Group, is a prominent player in the cybersecurity and cyber intelligence industry, focusing on defense, corporate, and forensic segments in Italy and Europe.
YTD Price Performance: -9.10%
Average Trading Volume: 293
Technical Sentiment Consensus Rating: Hold
Current Market Cap: €102.1M
See more insights into CY4 stock on TipRanks’ Stock Analysis page.
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