Osirium Technologies - Positive Q1 update
Following on from its positive early-March update, Osirium confirms that strong order momentum continued to the end of Q122, resulting in a record bookings quarter. The company is seeing growth in contract values as customers expand usage and increasingly adopt Osirium’s wider privileged access security suite. Order intake year to date gives the board confidence in the full year outlook. We maintain our forecasts.Osirium Technologies and its subsidiary are engaged as a U.K. based cyber-security software provider that protects critical information technology ("IT") assets, infrastructures and devices by preventing targeted cyber-attacks from directly accessing Privileged Accounts, removing unnecessary access and powers of Privileged Account users, deterring legitimate Privileged Account users from abusing their roles and containing the effects of a breach if one does happen.
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