Helsinki, Finland, 2016-12-09 13:30 CET (GLOBE NEWSWIRE) --
SSH Communication Security Oyj lowers its estimate on revenue growth for 2016.
Software license and subscription sales are estimated to be considerably higher than in 2015. However certain software license and subscription sales cases are slipping to next year. Professional services sales are lower than in 2015, as expected.
Despite the positive development in software license and subscription sales, it is unlikely that the overall revenue will grow.
New guidance:
In 2016, SSH Communications Security estimates its revenue to be less than in 2015.
Old guidance:
SSH Communications Security estimates its revenue in 2016 to grow slightly from 2015.
SSH COMMUNICATIONS SECURITY CORPORATION
Tatu Ylönen
CEO
For further information, please contact:
Helena Kukkonen, CFO, tel. +358 40 835 3440
Distribution:
NASDAQ OMX Helsinki Oy
Major media
www.ssh.com
About SSH Communications Security Oyj
SSH Communications Security is a leading provider of enterprise cybersecurity solutions that monitor, control, and automate trusted access to critical data. The company’s long track record of innovation includes Secure Shell (SSH) - one of the world’s most widely used network security protocols. Customers worldwide trust our flagship Universal SSH Key Manager® and other solutions to manage access, while greatly reducing costs and compliance risks. The Company sells direct through offices in North America, Europe and Asia and through a global network of certified partners. The company’s shares (SSH1V) are quoted on the NASDAQ OMX Helsinki. For more information, visit www.ssh.com.