SSH Communications Security expects 2026 EBITDA to turn negative amid delayed customer orders

• SSH Communications Security cut its 2026 EBITDA outlook, now guiding for a full-year negative result.
• Net sales forecast unchanged, still expected to grow versus 2025; operating cash flow still expected to be positive.
• Delayed larger customer orders previously expected in Q3 reduced the anticipated 2026 revenue contribution.
• Planned spending in sales, marketing, and R&D continued, pressuring profitability despite expected second-half EBITDA improvement.
• Prior 2026 guidance from Feb. 17 projected positive EBITDA and positive operating cash flow.

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