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.

Earnings data Q3 2024

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Absolute Software creates endpoint resiliency solutions that enable organizations to secure their devices, data and users.

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.

Absolute Software to Report Second Quarter Fiscal 2023 Financial Results on February 14, 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 that it has been named a Leader in the Winter 2023 Grid® Reports for Endpoint Management and Zero Trust Networking published by G2, the world's largest and most trusted software marketplace.

Absolute Software Named a Leader in the Winter 2023 G2 Grid Reports for Endpoint Management and Zero Trust Networking

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 February 23, 2023 to shareholders of record at the close of business on February 9, 2023.

Absolute Software Declares Quarterly Dividend

SAN JOSE, Calif.--( BUSINESS WIRE )--Absolute Software™ (NASDAQ: ABST) (TSX: ABST), a provider of self-healing, intelligent security solutions, today announced that it has earned a Federal Risk and Authorization Management Program (FedRAMP) Ready designation suitable for a FedRAMP JAB Authorization. The designation is granted at the Moderate Impact level for Absolute's Secure Endpoint product suite. In achieving this designation, Absolute is enabling federal agencies to strengthen cyber resiliency and maintain complete visibility and control across their device fleets - minimizing IT management costs, reducing risk exposure, and improving incident response capabilities. Absolute is listed on the FedRAMP Marketplace as a FedRAMP Ready vendor.

Absolute Deepens Commitment to Public Sector, Achieves FedRAMP Ready Designation

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 host a fireside chat at the 25th Annual Needham Growth Conference on Tuesday, January 10, 2023 at 11:45 am Eastern Time.

Absolute Software to Present at Needham Growth Conference

Supply chain constraints had an impact on Absolute Software Corporation's Education segment, and that is likely to continue in the first half of calendar 2023. Macroeconomic factors are resulting in some changes in length of contracts, conversion of perpetual licenses to term, and non-renewals of end-of-life products.

Absolute Software: Some Cracks In The Armor Appearing

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 at its annual general meeting of shareholders held on December 7, 2022 (the “Meeting”) each of the seven nominees listed below, and discussed further in Absolute's management information circular dated October 25, 2022 (the “Circular”), were elected as directors.

Absolute Software Reports Annual Shareholders Meeting Voting Results

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 that Omdia, a leading provider of global research that helps enterprises navigate the technology ecosystem, named the company a “Vendor to Watch” in the latest Omdia Market Radar for Endpoint Security Platforms, 2022 . The report highlights Absolute's ability to ensure resilience for millions of remote endpoints along with a critical level of control and visibility that strengthens user trust and provides insights that allow security teams to identify and respond to security risks in real time.

Omdia Identifies Absolute Software as Endpoint Security ‘Vendor to Watch'

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 product innovations, empowering customers with deeper visibility and intelligence, expanded software integrations, and a refreshed user experience through its latest updates to Absolute Secure Endpoint and Absolute Secure Access.

Absolute Software Unveils New Product Innovations for Resilient Zero Trust

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 2022 Raymond James Technology Investors Conference on Tuesday, December 6, 2022 at 10:20 am Eastern Time.

Absolute Software to Present at Raymond James Technology Investors Conference

Absolute Software Corporation (NASDAQ:ABST ) Q1 2023 Earnings Conference Call November 8, 2022 5:00 PM ET Company Participants Joo-Hun Kim - Vice President, Investor Relations Christy Wyatt - President and Chief Executive Officer Ron Fior - Interim Chief Financial Officer Conference Call Participants Doug Taylor - Canaccord Genuity Thanos Moschopoulos - BMO Capital Markets Scott Berg - Needham David Kwan - TD Securities Operator Good afternoon everyone and thank you for standing by. Welcome to the Absolute Software's Fiscal 2023 First Quarter Results Conference Call.

Absolute Software Corporation (ABST) Q1 2023 Earnings Call Transcript

VANCOUVER, British Columbia & SAN JOSE, Calif.

Absolute Software Reports First Quarter Fiscal 2023 Financial Results

Absolute Advances New Era of Resilient Zero Trust

Absolute Software Welcomes New CFO and CISO to Executive Team

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Absolute Software to Report First Quarter Fiscal 2023 Financial Results on November 8, 2022

VANCOUVER, British Columbia & SAN JOSE, Calif.--(BUSINESS WIRE)--Absolute Software™ (NASDAQ: ABST) (TSX: ABST), the only provider of self-healing, intelligent security solutions, announced today that Matthew Schoenfeld has accepted the position of President at a privately-held company and will resign from Absolute effective November 4, 2022. The company also announced Mark Grace has been promoted from EVP, Channel and Business Development to Chief Revenue Officer (CRO) to help drive the company

Absolute Software Announces Resignation of Matthew Schoenfeld and Promotion of Mark Grace to Chief Revenue Officer

The 6-month performance of SP500 is -22.09 while that of Absolute Software Corporation is +32.23%. Growth potential is the top factor when evaluating the investment quality of a stock.

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