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Intercede ( (GB:IGP) ) has issued an update.
Intercede Group PLC, a prominent cybersecurity firm specializing in digital identities, announced significant contract orders and renewals in December 2024, totaling over $5 million. New orders include a major MyID CMS license for a government client in Asia and the first MyID SecureVault subscription. Additional contracts were secured with a Middle Eastern airline and a Kuwaiti bank for MyID MFA licenses, and an American enterprise for MyID CMS subscriptions. Renewals with US Federal Agencies emphasize the importance of Intercede’s software in production environments. The company projects financial performance ahead of market expectations for FY25, bolstered by these orders and a strong sales pipeline.
More about Intercede
Intercede is a cybersecurity software company specializing in digital identities. Its innovative solutions help organizations protect against data breaches caused by compromised user credentials. Intercede offers a comprehensive suite of products, including Secure Registration, ID Verification, Password Security Management, One-Time Passwords, FIDO, and PKI, supporting customers in transitioning to passwordless and stronger authentication environments. The company also provides professional services and custom development, managing the world’s largest password breach database. For over 20 years, Intercede has been trusted by global customers across various sectors, including government, aerospace, defense, financial services, healthcare, telecommunications, cloud services, and IT.
YTD Price Performance: 3.11%
Average Trading Volume: 122,998
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £109.6M
See more data about IGP stock on TipRanks’ Stock Analysis page.
