LONDON : British cybersecurity company Darktrace lowered its guidance for full-year cash flow on Wednesday due to an accounting change related to its listing as it reported a 36 per cent rise in first-half revenue.The company said its 2023 guidance range for free cash flow would be about 50 per cent to 55
LONDON : British cybersecurity company Darktrace lowered its guidance for full-year cash flow on Wednesday due to an accounting change related to its listing as it reported a 36 per cent rise in first-half revenue.
The company said its 2023 guidance range for free cash flow would be about 50 per cent to 55 per cent of adjusted core earnings, down from a previous 60 per cent to 65 per cent. It confirmed other guidance issued earlier this year.
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