Banking & Finance  September 12, 2018

Webroot reports double-digit growth in fiscal year

BROOMFIELD — Webroot Inc., a cybersecurity company based in Broomfield, has reported 12 percent annual recurring revenue growth for its fiscal year ending on June 30. The growth marks the company’s 18th consecutive quarter of double-digit gains.

Webroot’s business segment annual revenue growth grew by 25 percent, and its consumer segment grew by 6 percent. Both were higher than industry measures for those segments.

Webroot also reported that it ended the fiscal year with 12,800 managed service providers, up from 9,400 at the end of the 2017 fiscal year.

“Webroot continues…

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