Mimecast: Q3 Earnings Insights

Mimecast 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.

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.

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.