Mimecast (NASDAQ:MIME) reported its Q3 earnings results on Thursday, February 3, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
Mimecast beat estimated earnings by 8.57%, reporting an EPS of $0.38 versus an estimate of $0.35, which did not surprise analysts.
Revenue was up $21.96 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.07, which was followed by a 5.01% increase in the share price the next day.
Here's a look at Mimecast's past performance:
| Quarter | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.33 | 0.29 | 0.23 | 0.24 |
| EPS Actual | 0.40 | 0.32 | 0.28 | 0.33 |
| Revenue Estimate | 142.84M | 138.08M | 131.17M | 126.67M |
| Revenue Actual | 147.23M | 142.55M | 133.89M | 129.64M |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
