Shares of Mimecast MIME remained unaffected after the company reported Q3 results.
Quarterly Results
Earnings per share were up 135.71% over the past year to $0.33, which beat the estimate of $0.24.
Revenue of $129,636,000 up by 17.68% from the same period last year, which beat the estimate of $126,670,000.
Outlook
The upcoming fiscal year's revenue expected to be between $558,000,000 and $568,000,000.
Details Of The Call
Date: Feb 03, 2021
Time: 08:30 AM
ET Webcast URL: https://edge.media-server.com/mmc/p/d2j8bkwc
Technicals
Company's 52-week high was at $59.48
Company's 52-week low was at $25.14
Price action over last quarter: Up 13.15%
Company Description
Mimecast Ltd operates in the technology sector based in the United States. Its core product is cloud-based software to address internet security threats that mainly cause e-mail failure or downtime. Mimecast's chief product is an operating system, known as the Mime. The Mime protects inbound and outbound e-mail from malware, spam, threats. In addition, its archiving services secure, store and manage critical corporate communications and information, thereby aiding organizations in their corporate governance and employee productivity. The company derives revenue principally from the United States through the subscription fees and the sales to customers purchasing additional support.
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