Alright in times like this you need to develop a plan. So here we go: One Lesson in Investing-- is you never forget.
This was Mimecast on Aug 4th) ) ) ) )
Mimecast pops 7% following earnings beat, guides FQ2 and FY21 revenue above estimates
Aug. 4, 2020 5:59 AM ET|About:
Mimecast Limited (MIME)|
Mimecast (NASDAQ:
MIME) reports
fiscal Q1 results that beat top and bottom line estimates.
Q1 highlights: Total revenue grew 16% y/y to $115.2M.- Nice!
Adj. gross margin was 77%, compared to 76% in last year's quarter. Woa! big margins
Net income was $3.1M, compared to net loss of $4.0M year-ago. ooo the most important earn swing neg to pos.
Adjusted EBITDA margin of 22.3%, up from 13.6% last year. Nice!
Added 600 net new customers. Total customers 38,600 globally.Yes!
MIME sees Q2 revenues between $120.8-$121.8M vs. a consensus of $116.18M and adj. Big guide up!
EBITDA between $26.8-$27.8M.
For FY21, sees revenues in the range of $488.1-493.1M vs. $479.85M consensus and adj. EBITDA between $97.3-$99.3M.
Ok you can see this company beat on every level you can beat & guided forward... what if I told you the stock islower now! It is.
MIME is $41
MIME was $46
EARN DATE NOV 2nd---
The Mission find the buy point before the earn----- I will do this with real Gummy money because I like the stock. This will be our "Earnings Play"-