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Cyren +5.4% despite Q1 misses, 4% revenue drop

May 22, 2018 10:41 AM ETCyren Ltd. (CYRNQ) StockBy: Brandy Betz, SA News Editor
  • Cyren (NASDAQ:CYRNgains 5.4% despite Q1 results that missed EPS and revenue estimates with a 4% Y/Y drop in sales.
  • Key metrics: Non-GAAP net loss, $4.9M (+$2.5M Y/Y); operating cash use, $4.6M ($2.7M); cash balance, $17.9M (+$4.4M). 
  • Press release.  
  • Previously: Cyren misses by $0.01, misses on revenue (May 22)

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