Darktrace chief Poppy Gustafsson comes out fighting after investor attack
Darktrace chief Poppy Gustafsson battles after an investor attack triggers a financial investigation
Darktrace boss Poppy Gustafsson has come out of the fray after an attack on the cyber company by an investor and a subsequent financial investigation.
The CEO dismissed “recent distractions” and said Darktrace has the “greatest integrity.”
It came after New York hedge fund Quintessential Capital Management said in January it was “deeply skeptical” about its finances and accused it of “exaggerating” sales numbers.
Recent distractions: Poppy Gustafsson (pictured) dismissed “the attack by hedge fund Quintessential Capital Management” and said Darktrace has the “supreme integrity”
Darktrace has now commissioned accountant EY to independently assess its financial processes.
Darktrace said revenue for the six months to the end of December was up 36 percent year-on-year to £219.2 million.
Profits rose 33 per cent to £50.5m, beating analysts’ forecasts.
It uses artificial intelligence to help companies detect cyber-attacks and vulnerabilities.