TechMediaBreaks – CISO Global Inc. (NASDAQ: CISO) Releases Preliminary Quarter, FY Financial Report

CISO Global (NASDAQ: CISO), formerly Cerberus Cyber Sentinel and an industry leader as a managed cybersecurity and compliance provider, is reporting preliminary estimated financial information for the quarter and fiscal year period ending Dec. 31, 2022. A brief summary of the release shows that the company is reporting $14.7 million total revenue for the quarter, a 150% ($8.8 million) increase over the same quarter the year before, and $46.5 million in total revenue for the fiscal year, an increase of 207% ($31.4 million) over fiscal year 2021. In addition, the company reported a $9.4 million operating loss for the quarter and a $33.2 million operating loss for FY 2022, both of which represent double-digit decreases from the same periods the year before. Company officials noted that the financial information has been prepared by company management; Semple, Marchal & Cooper LLP, CISO’s independent registered public accounting firm, was not involved in the audited, review or compilation of this preliminary financial report. “We are very pleased to announce this 2022 preliminary estimated financial information, which reflects our highest quarterly revenue ever and continues our string of seven consecutive quarters of record revenues,” said CISO Global CEO and chair David Jemmett in the press release. “We believe that this estimated financial information continues to validate our service offering and our strategy, enabling us to drive significant revenue and market penetration. We continue to see growing demand for our services and expect this to carry on through 2023.”

To view the full press release, visit https://ibn.fm/sQ25x

About CISO Global Inc.

CISO Global is an industry leader as a managed cybersecurity and compliance provider. The company is rapidly expanding by acquiring world-class cybersecurity, secured managed services and compliance companies with top-tier talent that utilize the latest technology to create innovative solutions to protect the most demanding businesses and government organizations against continuing and emerging security threats and compliance obligations. For more information about the company, visit www.CISO.inc.

NOTE TO INVESTORS: The latest news and updates relating to CISO are available in the company’s newsroom at https://ibn.fm/CISO

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