Avast nudges up full-year outlook after work-from-home boost

Cybersecurity firm Avast said on Wednesday it expected full-year organic revenue to grow at the upper end of its forecast after a strong first half, underpinned by the work-from-home trend. Shares in Avast, which joined the FTSE 100 index in June and touched an all-time high of 604.5 pence last month, were trading 5% lower in early deals at 569 pence. Chief Executive Ondrej Vlcek said Avast performed strongly in the half, aided by increased demand for its anti-virus, privacy and performance software driven by people working from home during the COVID-19 pandemic. …read more

Source:: Yahoo Finance

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