Darktrace chief Poppy Gustafsson fights back after investor attack sparks financial probe
Darktrace boss Poppy Gustafsson has battled after an attack on the cyber business by an investor and a subsequent financial investigation.
The GM dismissed “recent distractions”, saying Darktrace has the “highest integrity”.
It came after New York-based hedge fund Quintessential Capital Management said in January it was “deeply skeptical” of its finances and accused it of “overstated” sales figures.
Recent distractions: Poppy Gustafsson (pictured) dismissed ‘hedge fund attack Quintessential Capital Management’, saying Darktrace has the ‘highest integrity’
Darktrace has since commissioned auditor EY to independently review its financial processes.
Darktrace said revenue for the six months to the end of December was up 36% year-on-year to £219.2m.
Profit soared 33% to £50.5m, beating analysts’ forecasts.
It uses artificial intelligence to help companies detect cyberattacks and vulnerabilities.