The cybersecurity outfit, Avast shared its third-quarter results this Friday morning. The reports show that Avast share price is up by 6.2% than its earlier quarter. The cybersecurity firm reported “good” third-quarter growth with a net total of £170 million. Avast’s adjusted revenue climbed 5.0%, or 6.6% excluding foreign exchange, to USD220.3 million.
Avast has a great increase in demand for VPN and privacy software. The increase in demand and sales have raised Avast share prices. Currently, shares in Avast are trading at 391.6p per share. Q3 fiscal year results up until Oct 18 seems impressive. Shareholders hope the share price to increase still by the end of 2019.