Kaspersky Lab announced on Tuesday it increased its global unaudited IFRS revenue to a total of $726 million, representing a four per cent Year-on-Year revenue increase.
During a year of evolving market conditions and continuous geopolitical pressure, the company achieved success as a result of the trust customers and partners place in the company and its leading cybersecurity solutions and services.
According to the company, sales in the year under review was driven by digital and enterprise sales as it witnessed an increase in digital sales (4%) and strong growth of 16%in the enterprise segment, with 55 per cent growth in non-endpoint products and services in particular.
Overall, the company secured healthy results in these business areas by delivering some of the best products and services in the industry, as well as new solutions and technologies that prevent, detect and respond to the most sophisticated cyberthreats.
Commenting on the year’s results, CEO of Kaspersky Lab, Eugene Kaspersky, said: “2018 was a crucial year for us. After all the challenges and unsubstantiated allegations we faced in 2017, we had a responsibility to show that the company and our people deserve the trust of our partners and customers, and in turn, to continue to clearly demonstrate and prove our leadership.
“Our continued positive financial results are proof of this, demonstrating that users prefer the best products and services on the market and support our principle of protecting against any cyber threats regardless of their origin,” he added.
