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Sophos Group PLC (SOPH.L)

SOPH.L on London Stock Exchange

330.40GBp
12 Nov 2018
Change (% chg)

-8.20 (-2.42%)
Prev Close
338.60
Open
342.20
Day's High
353.28
Day's Low
329.80
Volume
2,786,493
Avg. Vol
1,612,281
52-wk High
675.62
52-wk Low
281.00

Latest Key Developments (Source: Significant Developments)

Sophos Sees Modest Improvement In H2 2019 Billings Growth From H1
Wednesday, 7 Nov 2018 

Nov 7 (Reuters) - Sophos Group PLC ::FY19 HALF-YEAR REPORT.REVENUE FOR H1 FY19 GREW BY 18%, OR 16% AT CONSTANT CURRENCY, TO $350 MILLION.HY REVENUE $349.5 MILLION VERSUS $296.8 MILLION.HY PROFIT BEFORE TAX OF $26 MILLION.ON TRACK TO DELIVER TWO SIGNIFICANT NEW RELEASES IN OUR FLAGSHIP PRODUCTS - INTERCEPT X WITH EDR, AND XG FIREWALL V17.5.EXPECT A MODEST IMPROVEMENT IN CONSTANT CURRENCY BILLINGS GROWTH IN H2 FY19 COMPARED TO FIRST HALF.HY PROFIT BEFORE TAX OF $26 MILLION VERSUS LOSS OF $35.5 MILLION.NOW EXPECT A MODEST IMPROVEMENT IN CONSTANT CURRENCY BILLINGS GROWTH IN H2 FY19 COMPARED TO THE FIRST HALF.FOR FY20, WOULD ANTICIPATE A SIGNIFICANT IMPROVEMENT IN THE RATE OF OVERALL CONSTANT CURRENCY YEAR-ON-YEAR BILLINGS GROWTH.  Full Article

Sophos Group Sees FY Reported Billings Growth Towards Top End Of Previously Guided Range Of 20-22 Pct Growth
Thursday, 5 Apr 2018 

April 5 (Reuters) - Sophos Group PLC ::ANNOUNCE ANOTHER YEAR OF STRONG GROWTH, IN LINE WITH OUR GOAL OF DELIVERING ANNUAL BILLINGS OF $1 BILLION FOR FY20​.‍ANTICIPATES FY REPORTED BILLINGS GROWTH TOWARDS TOP END OF PREVIOUSLY GUIDED RANGE OF 20-22% GROWTH.‍Q4 REPORTED BILLINGS GROWTH OF APPROXIMATELY 23%, OR 16% AT CONSTANT CURRENCY.  Full Article

Sophos Group Says Q3 Revenue Was $166.4 Mln
Thursday, 8 Feb 2018 

Feb 8 (Reuters) - Sophos Group Plc ::‍BILLINGS FOR NINE-MONTH PERIOD (YEAR-TO-DATE: "YTD") INCREASED BY 21%, OR 20% AT CONSTANT CURRENCY​.‍CONTINUED STRONG GROWTH IN Q3, WITH BILLINGS +19% (+14% CONSTANT CURRENCY​).‍SUBSCRIPTION BILLINGS INCREASED BY 25% YTD, WITH GROWTH OF 20% IN Q3​.Q3 ‍REVENUE OF $166.4 MILLION VERSUS $134.8 MILLION YEAR AGO​.‍BOARD IS CONFIDENT BOTH IN OUTLOOK FOR FULL-YEAR AND LONGER-TERM PROSPECTS OF GROUP​.  Full Article

Bookrunner issues ‍result of placing in Sophos Group
Tuesday, 28 Nov 2017 

Nov 28 (Reuters) - BOOKRUNNER::SOPHOS GROUP PLC: BOOKRUNNER ISSUES ‍RESULT OF PLACING IN SOPHOS GROUP PLC​.SOPHOS GROUP PLC: BOOKRUNNER SAYS SELLERS SOLD AGGREGATE OF 51.2 MILLION SHARES OF CO AT PRICE OF 616 PENCE PER SHARE RAISING AGGREGATE GROSS SALE PROCEEDS OF £315.3 MILLION.SOPHOS GROUP PLC: UBS LIMITED IS ACTING AS SOLE BOOKRUNNER IN CONNECTION WITH PLACING​.  Full Article

Bookrunner says Pentagon Lock, Apax to sell about 51.2 mln shares in Sophos Group
Monday, 27 Nov 2017 

Nov 27 (Reuters) - Bookrunner::BLOCK TRADE - SOPHOS GROUP: ‍​BOOKRUNNER SAYS PENTAGON LOCK S.À R.L, APAX GLOBAL ALPHA ANNOUNCE INTENTION TO SELL ABOUT 51,2 MILLION ORDINARY SHARES IN CO​.BLOCK TRADE - SOPHOS GROUP PLC: BOOKRUNNER SAYS ‍PLACING SHARES REPRESENT APPROXIMATELY 11 PER CENT OF COMPANY'S ISSUED ORDINARY SHARE CAPITAL.BLOCK TRADE - SOPHOS GROUP: ‍​BOOKRUNNER SAYS ‍PLACING SHARES ARE BEING OFFERED BY WAY OF AN ACCELERATED BOOKBUILD, WHICH WILL BE LAUNCHED IMMEDIATELY​.BLOCK TRADE - SOPHOS GROUP PLC: ‍UBS LIMITED IS ACTING AS SOLE BOOKRUNNER IN CONNECTION WITH PLACING​.  Full Article

Sophos ‍HY deferred revenue up 28 pct to $654.4 mln
Wednesday, 8 Nov 2017 

Nov 8 (Reuters) - Sophos Group Plc :SOPHOS GROUP PLC - ‍HY NET CASH FROM OPERATIONS INCREASED BY 28% TO $80.7 MILLION, AND UNLEVERED FREE CASH FLOW 1 GREW 15% TO $71.4 MILLION​.SOPHOS GROUP - ‍HY DEFERRED REVENUE UP 28% OVER PRIOR-YEAR TO $654.4 MILLION, WITH $372.3 MILLION OF BALANCE DUE FOR RECOGNITION IN LESS THAN ONE YEAR​.SOPHOS GROUP PLC - ‍"RAISING OUR OUTLOOK FOR BILLINGS AND UNLEVERED FREE CASH FLOW FOR FULL YEAR​".  Full Article

Sophos hikes FY billings guidance
Wednesday, 6 Sep 2017 

Sept 6 (Reuters) - SOPHOS GROUP PLC ::"STRONG MOMENTUM IN BILLINGS GROWTH WE REPORTED IN Q1 FY18 HAS ACCELERATED IN OUR SECOND FISCAL QUARTER TO DATE".NOW EXPECT FY18 BILLINGS GROWTH OF C.20%, COMPARED TO OUR PREVIOUS GUIDANCE OF MID TO HIGH-TEENS GROWTH.‍RETAINS MEDIUM-TERM OUTLOOK OF $1BN OF BILLINGS BY MARCH 2020​.‍STRONG MOMENTUM IN BILLINGS GROWTH WE REPORTED IN Q1 FY18 HAS ACCELERATED IN SECOND FISCAL QUARTER TO DATE​.‍NOW EXPECT FY18 BILLINGS GROWTH OF C.20%, COMPARED TO CO'S PREVIOUS GUIDANCE OF MID TO HIGH-TEENS GROWTH​.  Full Article

Sophos Group says FY 2017 results ahead of expectations
Wednesday, 17 May 2017 

May 17 (Reuters) - Sophos Group Plc ::FY17 results ahead of expectations, unlevered free cash flow of $133 million.FY17 reported billings grew 18.2% to $632.1 million, or by 19.9% at constant currency.Cash flow growth exceptionally strong, with unlevered free cash flow almost tripling to $133.4 million.Very strong performance from Sophos Central, growing 220% to $87.7 million from $27.4 million in prior year.Final dividend of 3.3 US cents per share, an increase of 200%; total dividend for year of 4.6 US cents, an increase of 156% over prior year.  Full Article

Finjan holdings units enters into an omnibus agreement with Sophos Group
Monday, 3 Apr 2017 

Finjan Holdings Inc : Finjan units announced that on March 30 entered into an omnibus agreement with Sophos Group, PLC, Sophos Limited, and Sophos Inc . Agreement resolved all parties' disputes .Terms of agreement are confidential.  Full Article

Sophos to buy Invincea's commercial software products business
Wednesday, 8 Feb 2017 

Sophos Group Plc : Acquisition of Invincea . Has entered into a definitive agreement to acquire commercial software products business of Invincea, inc . Purchase from from its existing shareholders for $100 million plus a $20 million earn-out .Expects to complete acquisition around end of current fiscal year.  Full Article