Webroot reports 19th consecutive growth quarter

BROOMFIELD — Webroot Inc., a cybersecurity company based in Broomfield, reported 11 percent year-over-year annual recurring revenue growth for the first quarter of its 2019 fiscal year, ending on Sept. 30, 2018. The revenue growth marks the 19th consecutive quarter of double-digit, year-over-year company growth for Webroot. The company’s products are used by 300,000 businesses worldwide.

Webroot’s business segment annual recurring revenue grew by 22 percent, and its consumer segment grew 5 percent.

“With 19 consecutive quarters of double-digit growth under our belts, it truly is an exciting time to be at Webroot,” CEO Mike Potts…