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Cybersecurity firm Avast's earnings boosted by work from homeThe London-listed group reported revenue of $892.9 million, up 2.3% at actual rates, and core earnings of $495.5 million, up 2.6%
Reuters
Last Updated IST
Representative Image. Credit: iStock Photo
Representative Image. Credit: iStock Photo

Cyber security company Avast met market expectations with a 7.1% rise in organic revenue in 2020, driven by double-digit growth in its consumer direct desktop business as more people used its software when working from home in the pandemic.

The London-listed group reported revenue of $892.9 million, up 2.3% at actual rates, and core earnings of $495.5 million, up 2.6%.

It said it expected to deliver 2021 organic revenue growth in the range of 6% to 8%, underpinned by a strong prior-year billings performance.

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(Published 03 March 2021, 16:38 IST)