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Cyren Ltd (CYRN.OQ)

CYRN.OQ on NASDAQ Stock Exchange Capital Market

2.42USD
15 Dec 2017
Change (% chg)

$0.03 (+1.04%)
Prev Close
$2.40
Open
$2.35
Day's High
$2.42
Day's Low
$2.35
Volume
1,849
Avg. Vol
28,729
52-wk High
$2.55
52-wk Low
$1.35

Latest Key Developments (Source: Significant Developments)

Cyren announces strategic investment from Warburg Pincus Funds
Tuesday, 7 Nov 2017 

Nov 6 (Reuters) - Cyren Ltd ::Cyren announces strategic investment from warburg pincus funds.Cyren Ltd - ‍warburg Pincus Funds to commence tender offer​.Cyren Ltd - ‍as a result of investment, warburg pincus owns about 21.3pct of co's outstanding shares.Cyren - ‍an entity controlled by funds affiliated with Warburg Pincus acquired from co about 10.6 million shares for $1.85 per share​.Cyren Ltd - ‍warburg Pincus will offer to purchase up to about 31.5 million shares at $2.50 per share in cash​.Cyren Ltd - ‍warburg Pincus announced intention to commence special tender offer to increase ownership in co, up to maximum of 75pct of cyren's shares​.Cyren Ltd - ‍in connection with private placement, Warburg Pincus will be entitled to designate two directors to Cyren's board​.Cyren- board resolved to recommend in favor of shareholders tendering shares in offer, subject to terms of purchase deal between co,Warburg Pincus​.Cyren Ltd - ‍warburg Pincus will also have opportunity to nominate additional board members to Cyren's board​.  Full Article

Cyren expands APAC presence through multi-country distribution agreement with Jiransoft
Thursday, 29 Sep 2016 

Cyren Ltd : Cyren expands APAC presence through multi-country distribution agreement with Jiransoft .New agreement enables Jiransoft to offer Cyren's portfolio of threat intelligence services throughout APAC from its offices in Seoul, Singapore, Tokyo.  Full Article

Cyren reports Q2 non-GAAP EPS $0.00
Wednesday, 10 Aug 2016 

Cyren Ltd : Q2 gaap loss per share $0.02 . Cyren reports 2016 second quarter financial results . Q2 non-gaap earnings per share $0.00 . Q2 revenue $7.6 million .Q2 earnings per share view $-0.04, revenue view $7.6 million -- Thomson Reuters I/B/E/S.  Full Article

Cyren Q1 non-gaap loss per share $0.05
Tuesday, 17 May 2016 

Cyren Ltd : Revenues for Q1 of 2016 were $7.4 million , compared to $7.0 million for Q1 of 2015 . Revenues for Q1 of 2016 were $7.4 million , compared to $7.0 million for Q1 of 2015 . Non-Gaap revenues totaled $7.5 million for Q1 of 2016, compared to $7.0 million for Q1 of 2015, and $7.2 million for Q4 of 2015 . During quarter, Cyren paid down in full and terminated its line of credit, ending quarter with no debt . Cyren reports first quarter 2016 results . Q1 non-gaap loss per share $0.05 .Q1 loss per share $0.04.  Full Article