MIME Reported

Total revenue of $67.3 million grew 39% yoy on a GAAP basis and 36% in constant currency

Added 1,100 new customers. Total customers 29,200 globally

Revenue retention rate of 111%

Gross profit percentage of 74%

GAAP EPS of $(0.05) per diluted share, Non-GAAP EPS of $0.03 per diluted share

In January 2018, Mimecast opened a new North American Headquarters in Lexington, MA. The 79,000 square foot facility doubles the companies available space in the region.
Mimecast was named a top place to work in Massachusetts for 2017 by The Boston Globe.
Business Outlook

Mimecast is providing guidance for the fourth quarter and fiscal year 2018.

Fourth Quarter 2018 Guidance:
For the fourth quarter of 2018, constant currency revenue growth is expected to be in the range of 28% to 29% and revenue is expected to be in the range of $71.1 million to $71.8 million. Our guidance is based on exchange rates as of January 31, 2018 and includes a positive impact of $3.9 million related to the weakening of the U.S. dollar compared to the prior year.

Adjusted EBITDA for the fourth quarter is expected to be in the range of $5.4 million to $6.4 million.



Stock up 5% currently