Darktrace sees 2021 revenue growth of at least 40%, upgrades 2022 guidance

FILE PHOTO: A lock icon, signifying an encrypted Internet connection, is seen on an Internet Explorer browser in a photo illustration in Paris April 15, 2014. REUTERS/Mal Langsdon

LONDON (Reuters) -Darktrace, the British cybersecurity firm that listed in April, upgraded its guidance for 2022 on Thursday as it said revenue for the financial year just ended would grow by at least 40% to $278 million.

It said it now expected year-over-year revenue growth of between 29% and 32% (previously 27% to 30%) for the year to end-June 2022, considering normal quarterly seasonality patterns and particularly typically soft first-quarter sales.