Absolute Software

Absolute Software Corp. engages in the provision of cloud-based service that supports the management and security of computing devices, applications, and data for a variety of organizations. Its solutions includes education, financial services, general date protection regulations (GDPR) compliance, government, healthcare, professional services, and technology solutions such as Absolute for Android, and Absolute for Chromebook. The company was founded on November 24, 1993 and is headquartered in Vancouver, Canada.

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The Zacks Security industry participants like QLYS and ABST benefit from the current hybrid working trend and digital transformation wave despite growing global recessionary concerns amid ongoing macroeconomic headwinds and geopolitical issues.

2 Security Stocks to Watch Amid the Industry Weakness

MOUNT KISCO, N.Y. , May 18, 2023 /PRNewswire/ -- Edenbrook Capital, LLC (together with its affiliates, "Edenbrook"), one of the largest public shareholders of Absolute Software Corporation (NASDAQ: ABST, TSX: ABST) ("Absolute" or "the Company"), with ownership of approximately 10.38% of the company, today announced that it has delivered the following letter to the Absolute Board of Directors.

Edenbrook Capital Sends Letter to Absolute Software Board

Absolute Software has not met the expectations I outlined in a 2020 article. The company recently received a buyout offer from a private equity group.

Absolute Software: Accepting The Go-Private Offer May Be The Best Bet

Absolute Software Corporation (ABST) came out with quarterly earnings of $0.11 per share, beating the Zacks Consensus Estimate of $0.10 per share. This compares to loss of $0.13 per share a year ago.

Absolute Software Corporation (ABST) Beats Q3 Earnings Estimates

VANCOUVER, British Columbia & SAN JOSE, Calif.--(BUSINESS WIRE)--Absolute Software Corporation (Nasdaq: ABST) (TSX: ABST) (the “Company”), the only provider of self-healing, intelligent security solutions, today announced its financial results for its third quarter fiscal 2023 ended March 31, 2023. All dollar figures are stated in U.S. dollars, unless otherwise indicated. THIRD QUARTER FISCAL 2023 (“Q3 F2023”) OVERVIEW Key Financial Metrics Revenue was $58.8 million for Q3 F2023, an increase of.

Absolute Software Reports Third Quarter Fiscal 2023 Financial Results

The cybersecurity specialist is being bought out by a strategic investor. That party is paying a premium of over 30% for the privilege.

Why Absolute Software Stock Zoomed 33% Today

Canadian cybersecurity company Absolute Software said on Thursday it had agreed to be taken private by Crosspoint Capital Partners for $657 million.

Canada's Absolute Software to be bought by Crosspoint Capital for $657 mln

VANCOUVER, British Columbia & SAN JOSE, Calif.--(BUSINESS WIRE)--Absolute Software™ (“Absolute” or the “Company”) (NASDAQ: ABST) (TSX: ABST), the only provider of self-healing, intelligent security solutions, today announced it has entered into an Arrangement Agreement with funds affiliated with Crosspoint Capital Partners, L.P. (“Crosspoint”), (the “Arrangement Agreement”) whereby Crosspoint has agreed to acquire all of the issued and outstanding common shares (the "Common Shares") of the Comp.

Absolute Software to be Acquired by Crosspoint Capital Partners for Enterprise Value of US$870 Million

SAN FRANCISCO--(BUSINESS WIRE)--Absolute Software™ (NASDAQ: ABST) (TSX: ABST), the only provider of self-healing, intelligent security solutions, today announced the company has won three awards from Cyber Defense Magazine (CDM), the industry's leading electronic information security magazine: Next Gen Cyber Resilience Solution: Absolute Application Persistence-as-a-Service (APaaS) Editor's Choice Ransomware Data Security Solution: Absolute Ransomware Response Top Chief Information Security Off.

Absolute Software Named Winner of Three Global InfoSec Awards during RSA Conference 2023

VANCOUVER, British Columbia & SAN JOSE, Calif.--(BUSINESS WIRE)--Absolute Software™ (NASDAQ: ABST) (TSX: ABST), the only provider of self-healing, intelligent security solutions, today announced new research revealing the increasing complexity in enterprise device environments, including operating system (OS) fragmentation and volume of applications, is impacting security and compliance posture. The findings in Absolute's ‘2023 Resilience Index' contradict the long-held belief that having more.

New Research From Absolute Software Underscores Security and Compliance Challenges Remain Across Distributed Workforces

VANCOUVER, British Columbia & SAN JOSE, Calif.--(BUSINESS WIRE)--Absolute Software™ (NASDAQ: ABST) (TSX: ABST) today announced that its Board of Directors has declared a quarterly dividend of CAD$0.08 per share on its common shares, payable in cash on May 24, 2023 to shareholders of record at the close of business on May 11, 2023.

Absolute Software Declares Quarterly Dividend, Will Report Third Quarter Fiscal 2023 Financial Results on May 15, 2023

VANCOUVER, British Columbia & SAN JOSE, Calif.--(BUSINESS WIRE)--Absolute Software™ (NASDAQ: ABST) (TSX: ABST) (the “Company”), the only provider of self-healing, intelligent security solutions, announced today that on April 4, 2023, the Company effected a restructuring plan (the “restructuring”) to lower the Company's operating expenses.

Absolute Software Announces Workforce Restructuring

VANCOUVER, British Columbia & SAN JOSE, Calif.--(BUSINESS WIRE)--Absolute Software™ (NASDAQ: ABST) (TSX: ABST), the only provider of self-healing, intelligent security solutions, today announced the company has been added to the multi-year NASPO ValuePoint Cloud Solutions contract held by SHI.

Absolute Software Now Available through SHI's NASPO ValuePoint Contract

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VANCOUVER, British Columbia & SAN JOSE, Calif.--(BUSINESS WIRE)--Absolute Software™ (NASDAQ: ABST) (TSX: ABST), the only provider of self-healing, intelligent security solutions, today announced it has been named a gold winner in the 2023 Cybersecurity Excellence Awards, with Absolute Ransomware Response recognized as an industry-leading Endpoint Security product.

Absolute Software Named Gold Winner in 2023 Cybersecurity Excellence Awards

VANCOUVER, British Columbia & SAN JOSE, Calif.--(BUSINESS WIRE)--Absolute Software™ (NASDAQ: ABST) (TSX: ABST), the only provider of self-healing, intelligent security solutions, today announced the continued expansion of the Absolute Application Resilience™ ecosystem with the company's latest product release.

Absolute Software Expands Application Resilience Ecosystem with Latest Product Update

VANCOUVER, British Columbia & SAN JOSE, Calif.--(BUSINESS WIRE)--Absolute Software™ (NASDAQ: ABST) (TSX: ABST), the only provider of self-healing, intelligent security solutions, today announced the company will present at the Raymond James 44th Annual Institutional Investors Conference on Wednesday, March 8, 2023 at 11:35 am Eastern Time. A live webcast and replay of the event will be available via the Absolute Investor Relations website.

Absolute Software to Present at Raymond James Annual Institutional Investors Conference

Absolute Software reported its FQ2 2023 results on February 14, 2023. The company provides an array of cybersecurity software to organizations worldwide.

Absolute Software Moderates Guidance As Customer Headwinds Develop

Earnings came in much lighter than expected for this cybersecurity provider.

Why Absolute Software Plummeted Today

Absolute Software Corporation (NASDAQ:ABST ) Q2 2023 Earnings Conference Call February 14, 2023 5:00 PM ET Company Participants Joo Kim - Investor Relations, MKR Group Christy Wyatt - President and Chief Executive Officer Jim Lejeal - Chief Financial Officer Conference Call Participants Mike Walkley - Canaccord Genuity Scott Berg - Needham Thanos Moschopoulos - BMO Capital Markets Mark Cash - Raymond James David Kwan - TD Securities Operator Good afternoon, everyone and thank you for standing by. Welcome to the Absolute Software's Fiscal 2023 Second Quarter Financial Results Conference Call.

Absolute Software Corporation (ABST) Q2 2023 Earnings Call Transcript

Absolute Software Corporation (ABST) delivered earnings and revenue surprises of -244.44% and 4.52%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Absolute Software Corporation (ABST) Reports Q2 Loss, Lags Revenue Estimates

VANCOUVER, British Columbia & SAN JOSE, Calif.--(BUSINESS WIRE)--Absolute Software Corporation (Nasdaq: ABST) (TSX: ABST) (the “Company”), the only provider of self-healing, intelligent security solutions, today announced its financial results for its second quarter fiscal 2023 ended December 31, 2022. All dollar figures are stated in U.S. dollars, unless otherwise indicated.

Absolute Software Reports Second Quarter Fiscal 2023 Financial Results

VANCOUVER, British Columbia & SAN JOSE, Calif.--(BUSINESS WIRE)--Absolute Software™, (NASDAQ: ABST) (TSX: ABST), the only provider of self-healing, intelligent security solutions, in partnership with Appurity, has enabled UK-based law firm Harbottle & Lewis LLP to optimize and secure their work-from-anywhere experience with Absolute Secure Access.

Absolute Software and Appurity Enable a Secure, Reliable Work-from-Anywhere Experience for Law Firm Harbottle & Lewis LLP

VANCOUVER, British Columbia & SAN JOSE, Calif.--( BUSINESS WIRE )--Absolute Software™ (NASDAQ: ABST) (TSX: ABST), the only provider of self-healing, intelligent security solutions, today announced new commercial agreements with Aranda Software and IMTLazarus to provide Absolute Application Persistence-as-a-Service (APaaS), enabling them to strengthen solution resiliency. As APaaS ecosystem partners, these leading software providers are leveraging Absolute's firmware-embedded Persistence® technology to monitor and automatically self-heal their mission-critical endpoint applications - ensuring they remain healthy, installed, and working effectively across their customer bases.

Absolute Software Announces New ISVs Leveraging Application Persistence-as-a-Service

VANCOUVER, British Columbia & SAN JOSE, Calif.--( BUSINESS WIRE )--Absolute Software Corporation (NASDAQ: ABST) (TSX: ABST), the only provider of self-healing, intelligent security solutions, today announced that the company will release its financial results for its second quarter fiscal 2023 ended December 31, 2022 on Tuesday, February 14, 2023 after the financial markets close.

News for Absolute Software Stock (ABST)