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Inside information, profit warning: SSH Communications Security Corporation revises its 2026 EBITDA guidance; net sales and cash flow guidance remains unchanged.

SSH1VSelskabsmeddelelse22.09.2026, 20.40
Discuss

SSH Communications Security Corporation | Inside Information | September 22, 2026 at 21:40:00 EEST

SSH Communications Security revises its previously published guidance for EBITDA. The guidance for net sales and cash flow remains unchanged.

“Certain larger customer orders previously expected during the third quarter have been delayed, reducing their revenue contribution for 2026. At the same time, SSH has continued its planned investments in sales, marketing and R&D to support its growth initiatives. As a result, we now expect full-year 2026 EBITDA to be negative, although EBITDA is expected to improve in the second half of the year compared with the first half,” says CEO Rami Raulas.

New guidance for 2026:
We expect net sales to grow during 2026 compared to 2025 and cash flow from operating activities to be positive for 2026. We estimate EBITDA to be negative for the full year 2026, but to improve in the second half compared with the first half.

Previous guidance for 2026, published on February 17, 2026:
We expect net sales to grow during 2026 compared to 2025. We estimate EBITDA and cash flow from operating activities to be positive for 2026.

SSH COMMUNICATIONS SECURITY CORPORATION
Rami Raulas
CEO

For further information:
Rami Raulas, CEO, tel. +358 50 331 1741, email rami.raulas@ssh.com
Cristian Arias, CFO, tel. +358 50 487 963, email cristian.arias@ssh.com

Distribution:
Nasdaq Helsinki Ltd.
Major media
www.ssh.com

About SSH
SSH is a leading defensive cybersecurity company that secures communications between humans, systems, and networks. We specialize in Zero Trust Privileged Access Controls and Quantum Safe Network Security. Our customers include a diverse range of enterprises, from multiple Fortune 500 companies to SMBs across various sectors such as Finance, Retail, Technology, Industrial, Healthcare, and Government. 25% of Fortune 100 companies rely on SSH’s solutions. Recent strategic focus has expanded SSH business to Defence, Critical Infrastructure Operators, Manufacturing OT Security and Public Safety. Leonardo S.p.A – a global industrial group for Aerospace, Defence and Security - became the largest shareholder of SSH in Q4 2025. SSH company’s shares (SSH1V) are listed on Nasdaq Helsinki.