UPDATE: Mimecast Limited (MIME) Swings to Q1 Profit

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Mimecast Announces First Quarter 2017 Financial Results

August 8, 2016 4:13 PM EDT

Total revenue of $41.5 million grew 24% yoy on a GAAP basis and 32% in constant currency  Added 1,900 new customers. Total customers 19,900 globally Revenue retention rate of 110%Gross profit percentage of 73%GAAP EPS of $0.00 per basic and diluted share, Non-GAAP EPS of $0.04Increasing FY 2017 constant currency revenue growth guidance and establishing a FY 2017 guidance range for Adjusted EBITDA

WATERTOWN, Mass., Aug. 08, 2016 (GLOBE NEWSWIRE) --... More