Darktrace (GB:DARK) has released an update.
Darktrace PLC has reported a robust close to FY 2024, with significant growth in annualized recurring revenue (ARR) and customer base, indicating a successful year for the cybersecurity AI leader. The company’s ARR jumped to $782.2 million, marking a 22.7% increase, and it added 936 new customers, reflecting a 10.6% growth. Despite not releasing specific forecasts due to the pending Thoma Bravo acquisition, Darktrace’s strong performance showcases the effectiveness of its strategic business changes and the continued demand for its AI-powered cybersecurity solutions.
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