HUB Cyber Security Ltd. (HUBC)

NASDAQ: HUBC · Real-Time Price · USD
0.531
-0.026 (-4.63%)
At close: Nov 20, 2024, 4:00 PM
0.529
-0.002 (-0.45%)
After-hours: Nov 20, 2024, 5:25 PM EST
-4.63%
Market Cap 16.17M
Revenue (ttm) 42.66M
Net Income (ttm) -87.45M
Shares Out 30.46M
EPS (ttm) -9.03
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 240,464
Open 0.570
Previous Close 0.557
Day's Range 0.510 - 0.570
52-Week Range 0.426 - 4.500
Beta n/a
Analysts n/a
Price Target n/a
Earnings Date Dec 13, 2024

About HUBC

HUB Cyber Security Ltd. provides cyber security solutions in Israel, the Americas, Europe, and the Asia Pacific. It develops and markets integrated cybersecurity hardware/software solutions comprising data and cybersecurity, system security, reliability solutions, and related services, including consulting, planning, training, integrating and ongoing servicing of cybersecurity, risk management, system quality, reliability and security projects, and fully managed corporate cybersecurity services. The company’s product portfolios include HUB Vaul... [Read more]

Sector Technology
Founded 2017
Employees 223
Stock Exchange NASDAQ
Ticker Symbol HUBC
Full Company Profile

Financial Performance

In 2023, HUB Cyber Security's revenue was $42.66 million, a decrease of -14.69% compared to the previous year's $50.00 million. Losses were -$87.45 million, 7.17% more than in 2022.

Financial Statements

News

HUB Security Announces Strategic Initiatives and Upcoming Financial Results Amid U.S. Market Penetration Plans

TEL AVIV, Israel, Nov. 05, 2024 (GLOBE NEWSWIRE) -- via IBN – HUB Cyber Security Ltd. (NASDAQ: HUBC) (“HUB Security”; or the “Company”), a leading provider of cybersecurity solutions and advanced data...

15 days ago - GlobeNewsWire

HUB Receives Nasdaq Notification Regarding Total Assets and Total Revenue Non-compliance

TEL AVIV, Israel, Aug. 29, 2024 (GLOBE NEWSWIRE) -- via IBN – HUB Cyber Security Ltd (Nasdaq: HUBC), a developer of cybersecurity solutions and services (the “Company”), was notified on August 23, 202...

2 months ago - GlobeNewsWire

HUB Security Formalizes Collaboration with Blackswan Technologies to Lead the Rapidly Growing Secured Data Fabric (SDF) Multi-Billion Dollar Market

HUB and Blackswan Technologies Elevate Partnership to Penetrate Major Financial Institutions and Grant HUB the Option to Purchase BST. The Current Phase of the Collaboration Focuses on a Group of Bank...

3 months ago - GlobeNewsWire

HUB Security Announces $3.3 Million Investment to Accelerate Corporate Growth

TEL AVIV, Israel, Aug. 19, 2024 (GLOBE NEWSWIRE) -- via IBN – HUB Cyber Security Ltd. (NASDAQ: HUBC), a developer of confidential computing cybersecurity solutions and advanced data fabric ("HUB Secur...

3 months ago - GlobeNewsWire

HUB Security Reports Fiscal 2023 Financial Results

"HUB Security Embarks on New Chapter; with New Leadership Onboard, $42.6M in Revenue and a Solid Customer Base" "HUB Security Embarks on New Chapter; with New Leadership Onboard, $42.6M in Revenue and...

3 months ago - GlobeNewsWire

HUB Receives Nasdaq Notification Regarding Minimum Bid Price Requirement

TEL AVIV, Israel, July 22, 2024 (GLOBE NEWSWIRE) -- via IBN – HUB Security Ltd (Nasdaq: HUBC), a developer of cybersecurity solutions and services (“HUB” or the “Company”), received a notification fro...

4 months ago - GlobeNewsWire

HUB Cyber Security Provides Updates on Financial Reports and Recent Business Developments

TEL AVIV, Israel, June 24, 2024 (GLOBE NEWSWIRE) -- via IBN -- HUB Cyber Security Ltd. (NASDAQ: HUBC), a developer of confidential computing cybersecurity solutions and advanced data services, today r...

5 months ago - GlobeNewsWire

HUB Cyber Security Ltd. Confirms Settlement Progress with Oppenheimer & Co.

TEL AVIV, Israel, June 20, 2024 (GLOBE NEWSWIRE) -- via IBN –- HUB Cyber Security Ltd. (NASDAQ: HUBC), a developer of confidential computing cybersecurity solutions and advanced data services, today r...

5 months ago - GlobeNewsWire

HUB Cyber Security and BlackSwan to Jointly Showcase Advanced Secured Data Fabric Solution at Money 20/20 Event

The Money 20/20 event, a premier global gathering for payments and financial services innovation, will provide an excellent platform for the HUB and BlackSwan tech teams to showcase how they can boost...

6 months ago - GlobeNewsWire

HUB Security Provides an Update on the 2023 Annual Report

TEL AVIV, Israel, May 23, 2024 (GLOBE NEWSWIRE) -- via IBN – HUB Cyber Security Ltd. (Nasdaq: HUBC), a developer of confidential computing cybersecurity solutions and advanced data services ("HUB" or ...

6 months ago - GlobeNewsWire

HUB Cyber Security Awarded Key Contract by the Israeli Airports Authority

This contract, valued at around $2 million, underscores ongoing expansion and successful integration after a recent acquisition. This contract, valued at around $2 million, underscores ongoing expansi...

7 months ago - GlobeNewsWire

HUB Cyber Security Strongly Responds To Dominion's Misleading Lawsuit; Reaffirms Dedication To Expansion And Worldwide Customer Support

TEL AVIV, Israel, April 19, 2024 (GLOBE NEWSWIRE) -- via IBN -- HUB Cyber Security Ltd. (Nasdaq: HUBC), a developer of confidential computing cybersecurity solutions and advanced data services ("HUB" ...

7 months ago - GlobeNewsWire

As the HUB Cyber Security (HUBC) stock price jumps, is it a buy?

HUB Cyber Security (NASDAQ: HUBC) stock price has staged a strong recovery in the past few days after the company made several important actions recently. It has soared from the year-to-date low of $0...

7 months ago - Invezz

HUB Cyber Security Secures $8 Million in Financing to Accelerate Growth and Strengthen Financial Position

TEL AVIV, Israel, April 05, 2024 (GLOBE NEWSWIRE) -- via IBN – HUB Cyber Security Ltd. (Nasdaq: HUBC), a developer of confidential computing cybersecurity solutions and services (‘HUB' or the 'Company...

8 months ago - GlobeNewsWire

HUB Cyber Security Acquires QPoint Technologies, Advancing its Plans for a Secured Data Fabric Ecosystem

The acquisition adds 100+ top customers, and will significantly enhance HUB's growth The acquisition adds 100+ top customers, and will significantly enhance HUB's growth

8 months ago - GlobeNewsWire

Hub Cyber Security Has Sealed Another Agreement With a Leading Credit Card Service Company

Renewed Trust in Hub Cyber Security: Enhancing Risk Management and Compliance Measures for a Leading Credit Card Service Company in Ongoing Partnership. Renewed Trust in Hub Cyber Security: Enhancing ...

10 months ago - GlobeNewsWire

Hub Security Has Named Nachman Geva as Its CTO to Lead the Company's Secured Data Fusion Strategy and Drive Innovation

TEL AVIV, Israel, Jan. 16, 2024 (GLOBE NEWSWIRE) -- via IBN – HUB Cyber Security Ltd (Nasdaq: HUBC), a developer of Confidential Computing cybersecurity solutions and services ("HUB Security" or the "...

11 months ago - GlobeNewsWire

Transforming Challenges into Triumphs: HUB Anticipates a Strong 2024-2025

New management sees a strong path to growth to over $100 million in revenues and profitability within the next two years New management sees a strong path to growth to over $100 million in revenues an...

11 months ago - GlobeNewsWire

HUB Secures Prestigious Position as Prime Vendor in Major Deal with Top-Tier Israeli Defense Contractor for Advanced Real-Time Battle Computing Solutions

The joint solutions will be used in a wide range of real-time battle computing on-ground military systems The joint solutions will be used in a wide range of real-time battle computing on-ground milit...

1 year ago - GlobeNewsWire

HUB Announces Reverse Share Split

TEL AVIV, Israel, Dec. 12, 2023 (GLOBE NEWSWIRE) -- via IBN – Hub Cyber Security Ltd. (Nasdaq: HUBC) (“HUB Security” or the “Company”), a developer of Confidential Computing cybersecurity solutions an...

1 year ago - GlobeNewsWire

HUB Wins €15 Million Project with a Prominent Swiss Aviation Vendor

Management estimates the project to span over 3 years and potentially expand in scope and service revenues Management estimates the project to span over 3 years and potentially expand in scope and ser...

1 year ago - GlobeNewsWire

Strategic Leadership Transition at HUB Security: Noah Hershcoviz Appointed CEO while Uzi Moscovich Assumes back an Active Director Role

TEL AVIV, Israel, Dec. 04, 2023 (GLOBE NEWSWIRE) -- via IBN -- HUB Cyber Security Ltd. (Nasdaq: HUBC), a developer of Confidential Computing cybersecurity solutions and services ("HUB Security" or the...

1 year ago - GlobeNewsWire

HUB Security and Blackswan Technologies to collaborate on providing a Cyber enterprise solution for one of largest EU banks

According to the framework agreement, management estimates revenue potential to exceed $25 million over the next 18 months According to the framework agreement, management estimates revenue potential ...

1 year ago - GlobeNewsWire

Hub Security Announces New CFO, a Key Appointment in Its Leadership Team

TEL AVIV, Israel, Nov. 02, 2023 (GLOBE NEWSWIRE) -- via IBN -- HUB Cyber Security Ltd (Nasdaq: HUBC), a developer of Confidential Computing cybersecurity solutions and services ("HUB Security" or the ...

1 year ago - GlobeNewsWire

HUB Cyber Security Signs an LOI to Acquire a Strategic Product Developer Cyber Security Company

The potential acquisition is expected to boost HUB's revenue for Confidential Computing, to improve the company's profit margins while adding multiple existing top-tier clientele to HUB's portfolio, c...

1 year ago - GlobeNewsWire