skip to content

Trading statements

Sophos profit falls as subscription billings rise

27 July 2017 08:26

Software company Sophos (SOPH) made an adjusted operating profit of $3.4m in the first quarter, down 63.8% from a year earlier.

It said this reflected the higher proportion of subscription billings, the majority of which are deferred and recognised as revenue in future periods.

Revenue increased 14% at constant currency with the subscription component up 20%.

First quarter billings increased by 16% (+19% at constant currency), with strong performance in enduser security, Intercept X and the Sophos Central cloud management platform.

At constant currency, the Americas increased by over 25%.

At 8:26am: (LON:SOPH) Sophos Group Plc share price was -1.3p at 483.2p

Story provided by

Related Company: SOPH

Info Point:

To buy or sell shares call our Dealing Room on 0113 243 6941.

Too much jargon? Our glossary will help make sense of things.

Find out more about our Share Dealing Services.

Client Area Access

» Secure Login

» Not registered yet?


Branch Finder

Redmayne-Bentley have High Street branches throughout the UK. Find your nearest branch.