Jefferies Raises Price Target on Mimecast Limited (MIME) to $29; Reiterates Buy
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Mimecast Announces Second Quarter 2017 Financial Results
November 9, 2016 4:15 PM ESTTotal revenue of $44.4 million grew 29% yoy on a GAAP basis and 38% in constant currencyAdded 1,900 new customers. Total customers 21,800 globallyRevenue retention rate of 111%Gross profit percentage of 72%GAAP EPS of $0.01 per basic and diluted share, Non-GAAP EPS of $0.05Increasing 2017 constant currency revenue growth and Adjusted EBITDA guidance
WATERTOWN, Mass., Nov. 09, 2016 (GLOBE NEWSWIRE) -- Mimecast Limited (NASDAQ:... More