Cyan AG reports 41% growth in core cybersecurity recurring revenue for 2023, after selling BSS/OSS segment.

Cyan AG announces preliminary 2023 financial year figures, considering discontinued BSS/OSS business under IFRS 5. The company, focused on cybersecurity, achieved 41% growth in recurring revenue in its core business. Due to the sale of the BSS/OSS segment, the discontinued operation will be separated in the balance sheet and income statement, making it incomparable to previous forecasts.

April 02, 2024
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