SSH Communications Security: subscription ARR up 23.6%, Q3 EBITDA lower
SSH Communications Security reported Q3 sales up 5.3% and subscription ARR up 23.6%, while EBITDA fell to EUR 0.3m, according to TradingView.
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what happened
SSH Communications Security posted third-quarter sales up 5.3% year on year and subscription ARR up 23.6%, according to TradingView. EBITDA, however, fell to EUR 0.3m. Invoicing rose 39.2%, but delayed orders weighed on EBITDA for the quarter.
The company kept its fiscal 2026 guidance unchanged. It expects sales growth and positive operating cash flow, with EBITDA still negative. According to the report, EBITDA is expected to improve in the second half compared with the first half.
why it matters
The picture for investors is mixed: rising ARR and invoicing point to solid demand for subscriptions, while negative EBITDA and delayed orders limit the appeal of the quarter. The company is small, so the impact on the broader market is limited.
market impact
SSH Communications Security shares: ARR growth supports, weaker EBITDA weighs
- SSH Communications Security shares mixed — ARR growth and invoicing support, while lower EBITDA weighs
tags
instruments
sources
- SSH Communications Security: Subscription ARR surged 23.6% as Q3 sales grew, but EBITDA declined — TradingView, 28 October 2026 at 07:06 UTC
- SSH Communications Security: Subscription ARR grew 23.6%, but delayed orders weighed on Q3 EBITDA — TradingView, 28 October 2026 at 09:10 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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