Helsinki, Finland, 2015-12-08 07:30 CET (GLOBE NEWSWIRE) --
SSH COMMUNICATIONS SECURITY CORPORATION COMPANY ANNOUNCEMENT DECEMBER 8TH, 2015 AT 08:30 AM
SSH COMMUNICATIONS SECURITY LOWERS ITS ESTIMATE ON SALES GROWTH FOR 2015
SSH Communications Security lowers its estimate on sales growth for 2015. Growth will be slower than previously estimated due to longer than estimated sales cycles.
New guidance:
SSH Communications Security estimates its revenue in 2015 to grow 10% to 20% from the previous year. The lower revenue growth will impact profitability and SSH Communications Security will not be profitable in 2015.
Old guidance:
In 2015, SSH Communications Security estimates its revenue to grow significantly from 2014.
Helsinki 8.12.2015
SSH COMMUNICATIONS SECURITY CORPORATION
Harri Koponen
CEO
Further info:
Jyrki Lalla, CFO. Tel. +358 45 340 4641
Distribution:
NASDAQ OMX Helsinki Oy
Major media
www.ssh.com
About SSH Communications Security:
As the inventor of the SSH protocol, we have a twenty-year history of leading the market in developing advanced security solutions that enable, monitor, and manage encrypted networks. Over 3,000 customers across the globe trust the company’s encryption, access control and encrypted channel monitoring solutions to meet complex compliance requirements, improve their security posture and save on operational costs. SSH Communications Security is headquartered in Helsinki and has offices in the Americas, Europe and Asia. The company’s shares (SSH1V) are quoted on the NASDAQ OMX Helsinki. For more information, visit www.ssh.com
SSH COMMUNICATIONS SECURITY LOWERS ITS ESTIMATE ON SALES GROWTH FOR 2015
| Source: SSH Communications Security Oyj