Intercede locks in further contract orders and renewals

18th Sep 2024 11:55

(Sharecast News) - Cybersecurity firm Intercede said on Wednesday that it has locked in further contract orders and renewals of more than $1.3m in value.

Intercede said the largest order was from the Department of State for $740,000, but also noted it had received a $50,000 professional services order from a large US aerospace and defence firm, a $180,000 enhanced professional services order, and a $360,000 licence order and maintenance renewal.

"These orders and renewals, received via our partners, further underpin the group's revenue for FY25 and contracted revenue backlog for future years," said the AIM-listed company.

As of 1155 BST, Intercede shares were up 1.97% at 207.0p.

Reporting by Iain Gilbert at Sharecast.com