Corero Network Security plc announced earnings guidance for the fourth quarter and year ending 31 December 2017. For the quarter, the company expects group EBITDA loss is expected to be in the range $0.1 to $0.5 million, bringing the group close to its goal of being EBITDA positive.    The group revenue for the year ending 31 December 2017 is now expected to be in the range $8.5 million to $9.0 million. The Group EBITDA loss for the year ending 31 December 2017 is expected to be in the range $4.8 million to $5.3 million. Net cash at 31 December 2017 is expected to be approximately $1.0 million. Corero enters 2018 with the foundation in place for continued acceleration of SmartWall revenue growth as a result of: Strong market demand from the growing awareness of the threat and impact of DDoS attacks, and increased risk associated with the projected growth of IoT deployments; Pending regulations in the US, UK and Europe, including the Directive on the Security of Network and Information's Systems (NIS Directive) which comes into force for all EU member states on the 9th May 2018), are expected to positively impact demand for DDoS mitigation investment in 2018 particularly by Digital Enterprises (including critical national infrastructure providers); Corero go-to-market partner recruitment and enablement efforts in 2017 with partners expected to contribute to revenue in the first half of 2018; and Investment in channel sales development in 2017 to grow Corero's routes to market in 2018. It is expected that Corero will enter 2018 with a recurring revenue contract base, including support, services and DDPaaS contracts, of approximately $5.0 million. The DDoS mitigation market fundamentals remain strong with a leading technology analyst forecasting double digit growth and the market to grow to $1.4 billion in 2021. Corero is planning to fund the Company's working capital requirements for 2018 via a debt financing which it expects to complete in the first half of 2018.