[Click eStock] "Zenius, Continued Growth in NAC and EDR"

On the 2nd, Eugene Investment & Securities analyzed that Genieons' operating profit in the second quarter exceeded market expectations.

Genieons recorded sales of 11.9 billion KRW and an operating profit of 1.9 billion KRW in the second quarter of this year. This represents an increase of 27.6% and 77.4%, respectively, compared to the same period last year.

Jongseon Park, a researcher at Eugene Investment & Securities, explained, "The operating profit exceeded the market expectation of 1.3 billion KRW," adding, "It continues to show stable growth."

He added, "The EDR (Endpoint Detection & Response) product, which has gained increased market attention recently due to the disruption of the global company CrowdStrike, holds a 78% market share in the domestic government procurement comprehensive shopping mall."

Furthermore, he emphasized, "Along with the public sector, sales of NAC products have increased based on strong domestic market dominance due to growing demand from large private sector companies in finance, manufacturing, and other industries."

Researcher Park estimated, "In the third quarter of this year, sales will reach 9.1 billion KRW and operating profit 800 million KRW," analyzing that "this represents an increase of 18.4% and 181.2%, respectively, compared to the same period last year."

This content was produced with the assistance of AI translation services.