24/7 Market News Snapshot 27 March, 2025 – CISO Global, Inc. Common Stock (NASDAQ:CISO)
DENVER, Colo., 27 March, 2025 (247marketnews.com) – (NASDAQ:CISO) are discussed in this article.
CISO Global, Inc. (CISO) is experiencing a remarkable surge in the pre-market trading, with shares reaching $0.668—an impressive 49.98% increase from the previous close of $0.445 and a trading volume of 9.23 million shares. This substantial momentum underscores a growing investor confidence in the company, suggesting potential for further upward movement in the near future.
In tandem with its trading performance, CISO Global, a leader in AI-driven cybersecurity solutions, has achieved a significant financial milestone. The company recently transitioned from a traditional cyber services model to one that is software-led and services-supported, successfully achieving unaudited adjusted EBITDA positivity in the last quarter of 2024. This pivotal shift is attributed to efficiencies gained through the proprietary AI technology and the integration of 13 acquired service firms, which have enhanced service delivery and reduced costs.
David Jemmett, CEO of CISO Global, emphasizes the importance of this transformation, stating, “Our vision of a software-led business is now a reality. Our AI technology is elevating cybersecurity outcomes for our clients while driving financial efficiency.” Reflecting optimism for the future, the company projects a substantial revenue target of $34 million in adjusted EBITDA profit for 2025, alongside $5 million in software-related bookings anticipated to deliver margins of approximately 75%.
CFO Deb Smith commented on the company’s trajectory, noting its commitment to maintaining financial discipline and strategic execution. As CISO Global leverages its strong software sales pipeline and partnerships—supported by a robust network of over 500 existing clients—the company is poised for scalable growth in an increasingly competitive cybersecurity landscape.
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