Darktrace cuts revenue outlook as customers turn cautious

LONDON (Reuters) - British cybersecurity company Darktrace cut its full-year revenue forecast on Wednesday, saying prospective customers were more reluctant to run product trials due to the worsening macro-economic environment.

The company said it now expected its constant currency annual recurring revenue to increase by between 29.0% and 31.5% in the year to end-June, down from its previous forecast of 31% to 34%.

(Reporting by Paul Sandle; Editing by Kate Holton)