“For now, we expect Perimeter to contribute positively; however, it is currently losing money and will take some time to become profitable.”

In context

“Roei Golan (CFO): Regarding M&A, when we announced Perimeter 81, we stated it had approximately $25 million in annual recurring revenue. The other acquisition, Atmosec, doesn’t have any significant revenue impact. For now, we expect Perimeter to contribute positively; however, it is currently losing money and will take some time to become profitable. On the large deal, it would have accounted for about two points of our billings.”