Mimecast Announces Second Quarter 2021 Financial Results
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Mimecast Limited (MIME) Tops Q2 EPS by 12c, Revenues Beat; Offers 3Q Revenue Outlook Above Consensus, Provides FY21 Revenue Guidance
November 2, 2020 4:44 PM ESTMimecast Limited (NASDAQ: MIME) reported Q2 EPS of $0.32, $0.12 better than the analyst estimate of $0.20. Revenue for the quarter came in at $122.7 million versus the consensus estimate of $121.13 million.
Overall Highlights
Total revenue of $122.7 million grew 19% year-over-year on a GAAP and constant currency basis.Added 500 net new customers. Total customers 39,200 globally.Revenue retention rate of 105%.GAAP gross profit percentage of 76%, Non-GAAP gross profit percentage of 78%.GAAP EPS of $0.15 per diluted share, Non-GAAP EPS of $0.32 per diluted share.Named a leader in the Gartner Magic Quadrant for Enterprise Information... More