Mimecast Announces Second Quarter 2017 Financial Results

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Jefferies Raises Price Target on Mimecast Limited (MIME) to $29; Reiterates Buy

November 10, 2016 9:42 AM EST

Jefferies reiterated a Buy rating on Mimecast Limited (NASDAQ: MIME), and raised the price target to $29.00 (from $25.00), following the company's 2Q earnings report. Non-GAAP EPS of $0.04 on revenues of $44.4M exceeded the consensus estimate of ($0.02) and $41.8M. FY17 revenue guidance of $177.5-179.4M implies... More

Mimecast Limited (MIME) Tops Q2 EPS by 7c

November 9, 2016 4:34 PM EST

Mimecast Limited (NASDAQ: MIME) reported Q2 EPS of $0.05, $0.07 better than the analyst estimate of ($0.02). Revenue for the quarter came in at $44.4 million versus the consensus estimate of $41.81 million.

GUIDANCE:

Mimecast Limited sees FY2017 revenue of $177.5-179.4 million, versus the consensus of... More