SHARE OF THE WEEK: Takeover talk will be main thing on lips of investors in Darktrace when it reports its full-year results
Takeover talk will be the main thing on the lips of investors in Darktrace when it reports its full-year results on Thursday.
Shareholders will be keen for updates on discussions between the cyber-security group and private-equity firm Thoma Bravo after an approach from the latter last month.
Darktrace will also be hoping to regain some of its former glory with a strong set of numbers to boost its share price.
Investors were already given the key figures in a trading update in July, with the firm posting a 48 per cent rise in revenues for the year to the end of June as the number of customers jumped by nearly a third.
Darktrace also predicted ‘strong’ revenue growth for the year ahead of 31 per cent to 34 per cent. The company listed in London at 250p in April 2021.