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The latest announcement is out from Smarttech247 Group PLC ( (GB:S247) ).
Smarttech247 Group PLC has secured a new three-year contract worth USD 925,000 with an existing automotive client, aimed at integrating an Endpoint Detection & Response (EDR) solution into their current Managed Detection and Response (MDR) services. This contract underscores Smarttech247’s strategy to increase annual recurring revenue through long-term contracts and highlights the growing trust in its MDR expertise among clients, reinforcing its competitive position in the cybersecurity industry.
More about Smarttech247 Group PLC
Smarttech247 Group PLC is a multi-award-winning company specializing in AI-enhanced cybersecurity services. It offers automated managed detection and response (MDR) solutions and is recognized for its threat intelligence and 24/7 incident response capabilities. The company serves international clients from its offices in Ireland, the United Kingdom, Romania, Poland, and the USA, and has been listed on the London Stock Exchange since December 2022.
YTD Price Performance: -20.56%
Average Trading Volume: 95,778
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £9.65M
For an in-depth examination of S247 stock, go to TipRanks’ Stock Analysis page.