Cryptocurrency Short News

Avast Increase in Sales led Share Price Spike by 6.2%

news-image

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. 

Advertisement

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.

Show More

Disclaimer : The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of Coinpedia. Every investment and trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Qadir AK

Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

Related Articles

Back to top button
Close
Close