2023-03-20 17:50:44 ET
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Cerberus Cyber Sentinel ( NASDAQ: CISO ) said Monday it expects preliminary fourth quarter revenue of $14.7 million and operating loss of $9.4 million.
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The consensus estimate for Q4 revenue is $13.19 million.
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Shares +235.7% at 77 cents after hours.
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Separately, on March 20, the company entered into a purchase agreement with Hensley Beverage Company.
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Pursuant to the agreement, the company issued and sold a $5 million, 10% unsecured convertible note in a private placement.
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The note, together with accrued and unpaid interest thereon, is due on March 20, 2025.
For further details see:
Cerberus Cyber Sentinel provides preliminary Q4 metrics, announces $5M private placement