StockMarketWire.com - Cybersecurity technology company Crossword Cybersecurity said it expected to report a slight increase in first-half revenue.

Income from consulting and product sales were significantly higher, offset by lower software development revenue, as expected, the company said. 'The company expects to report total revenues slightly ahead of the comparative period in 2018 and remains confident that full year results will be in line with market expectations,' it added.

Chief executive Tom Ilube said the strength of the company's order book for both Rizikon Assurance and consulting, and the growth in its pipeline, put itin a strong position for growth.

'Our continued focus is on scalable, recurring product revenue, through conversion of pipeline into orders,' he said.


At 1:11pm: [LON:CCS] share price was +5p at 510p



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