HUB Cyber Security Provides Guidance On Business Developments, Says "Recently Secured 2 Deals With Governmental Entities, Highlighting Commitment To Strategic Expansion And Enhancing Offerings. Anticipates Progress In Its Secure Data Fabric Vertical By The End Of The Next Quarter."
Portfolio Pulse from Benzinga Newsdesk
HUB Cyber Security Ltd. (NASDAQ:HUBC) announced securing two deals with governmental entities, emphasizing its strategic expansion and enhancement of offerings. The company expects significant progress in its secure data fabric vertical by the end of the next quarter and plans to release its annual financial reports soon.
June 24, 2024 | 12:59 pm
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HUB Cyber Security Ltd. has secured two deals with governmental entities, indicating strategic expansion and enhancement of its offerings. The company expects significant progress in its secure data fabric vertical by the end of the next quarter and will release its annual financial reports soon.
Securing deals with governmental entities is a strong indicator of HUBC's strategic expansion and capability to enhance its offerings. The anticipated progress in the secure data fabric vertical and the upcoming financial reports are likely to positively impact investor sentiment and the stock price in the short term.
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