Boston, MA 05/14/2014 (wallstreetpr) – For CenturyLink, Inc. (NYSE:CTL), staying ahead of the market competition means thinking and acting fast to keep customers secure and happy. As such, the company just announced a new protection layer that comes as a big score to its customers under the threat of distributed denial of service or DDoS.
The threats of DDoS have increased in recent times and CenturyLink, Inc. (NYSE:CTL) has seen an opportunity to attract more revenue even as to it enhances customer protection.
In dealing with DDoS, the company has added a mitigation feature for its DDoS Mitigation Service. The feature allows companies to thwart the threats even before they become a problem. The service is designed to working well with third-party networks while delivering the highest DDoS mitigation support.
According to CenturyLink, Inc. (NYSE:CTL), almost 50 percent of IT leaders in the enterprise space have experienced increase in DDoS attacks, therefore, necessitating the need for more effective appliance.
Security solutions
Enterprise security solution is a market that is anticipated to experience big growth and CenturyLink, Inc. (NYSE:CTL) can be seen seeking to capture opportunities in the growth by being in the forefront in bringing new security products to the market.
The latest development comes at a time when the company recently announced tweaks to its product portfolio to support high-margin sales.
The company’s performance is also improving with the latest quarter showing significant growth especially in the hosting segment where revenue jumped 13 percent over a year earlier quarter.
Earnings exceed expectations
CenturyLink, Inc. (NYSE:CTL)’s 1Q earnings per share came in at 66 cents, beating Wall Street consensus of 61 cents. The company generated total revenue of $4.54 billion, ahead of $4.48 billion that analysts estimated. The company expects new product launches, expansion of market share and aggressive costs and expenses controls to support positive performance going forward.
In the managed business service, the company can be seen expanding its market share with new products and competitive pricing.
