Mimecast downgraded by Berenberg with a new price target
$MIME
Computer Software: Prepackaged Software
Technology
Berenberg downgraded Mimecast from Buy to Hold and set a new price target of $80.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/19/2022 | $80.00 | Overweight → Equal Weight | Barclays |
| 1/19/2022 | Overweight → Equal-Weight | Barclays | |
| 1/14/2022 | $82.00 | Outperform → Neutral | SMBC Nikko |
| 12/15/2021 | Buy → Hold | Truist Securities | |
| 12/10/2021 | $80.00 | Buy → Hold | Berenberg |
| 12/7/2021 | $88.00 → $80.00 | Buy → Hold | Needham |
| 11/3/2021 | $83.00 → $88.00 | Outperform | RBC Capital |
| 11/1/2021 | $70.00 → $83.00 | Outperform | RBC Capital |
LEXINGTON, Mass., Feb. 03, 2022 (GLOBE NEWSWIRE) -- Mimecast Limited (NASDAQ:MIME), a leading email security and cyber resilience company, today announced financial results for the third fiscal quarter ended December 31, 2021. Third Quarter 2022 Highlights Achieved total revenue of $151.6 million, up 17% year-over-year on a GAAP basis and up 16% in constant currency.Increased average order value (AOV) per customer to $15,200, up approximately 15% year-over-year in constant currency.Drove average services per customer to 3.9 from 3.5 in the third quarter last year.Achieved a net revenue retention rate of 108% driven by upsell of 115%, and downsell and churn of 7%.Generated GAAP operating
LEXINGTON, Mass., Jan. 14, 2022 (GLOBE NEWSWIRE) -- Mimecast Limited (NASDAQ:MIME), a leading email security and cyber resilience company, today announced that the Company will issue its financial results for the third quarter ended December 31, 2021 after market close on Thursday, February 3, 2022. Due to the Company's pending acquisition by funds advised by Permira, announced on December 7, 2021, there will not be a conference call or live webcast to discuss those financial results. Mimecast: Relentless protection. Resilient world. ™ Mimecast (NASDAQ:MIME) was born in 2003 with a focus on delivering relentless protection. Each day, we take on cyber disruption for our tens of thousands
LEXINGTON, Mass., Nov. 02, 2021 (GLOBE NEWSWIRE) -- Mimecast Limited (NASDAQ:MIME), a leading email security and cyber resilience company, today announced financial results for the second fiscal quarter ended September 30, 2021. Second Quarter 2022 Highlights Achieved total revenue of $147.2 million, up 20% year-over-year on a GAAP basis and up 16% in constant currency.Increased average order value (AOV) per customer to $15,000, up approximately 15% year-over-year in constant currency, the first double digit growth in five quarters.Drove average services per customer to 3.8 from 3.4 in the same quarter last year.Achieved a net revenue retention rate of 106% driven by upsell o
BURLINGTON, Mass., May 19, 2025 (GLOBE NEWSWIRE) -- Aware, Inc. (NASDAQ:AWRE), a leading global biometric authentication company, today announces Lona Therrien as its new Chief Marketing Officer (CMO). With over 15 years of experience driving growth in the cybersecurity industry, Therrien will lead the company's global marketing strategy and operations. Therrien brings a proven track record of success in building high-performing marketing teams and delivering go-to-market strategies that fuel demand and elevate brand visibility. Most recently, she served as Chief Marketing Officer at ExtraHop (acquired by Bain Capital and Crosspoint Capital Partners), where she led strategic initiatives t
LEXINGTON, Mass., May 19, 2022 (GLOBE NEWSWIRE) -- Mimecast Limited ("Mimecast") today announced the completion of its acquisition by funds advised by Permira for approximately $5.8 billion or $80.00 per share in cash. "Today marks the beginning of an exciting new era at Mimecast during which we will continue to transform the way email security, data and resilience are managed," said Peter Bauer, chairman and chief executive officer of Mimecast. "With Permira's resources, network and deep experience scaling global technology companies, we will be better positioned than ever to deliver the innovations that our customers and the world need. I want to thank our 2,000 Mimecasters for their re
NEW YORK, May 12, 2022 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600: Dynavax Technologies Corp. (NASD: DVAX) will replace Bottomline Technologies Inc. (NASD: EPAY) in the S&P SmallCap 600 effective prior to the opening of trading on Tuesday, May 17. Thoma Bravo LP is acquiring Bottomline Technologies in a deal expected to be completed on May 13.S&P SmallCap 600 constituent Independence Realty Trust Inc. (NYSE:IRT) will replace Mimecast Ltd. (NASD: MIME) in the S&P MidCap 400, and Alpha and Omega Semiconductor Ltd. (NASD: AOSL) will replace Mimecast in the S&P SmallCap 600 effective prior to the opening of trading on Thursday
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Barclays downgraded Mimecast from Overweight to Equal Weight and set a new price target of $80.00
Barclays downgraded Mimecast from Overweight to Equal-Weight
SMBC Nikko downgraded Mimecast from Outperform to Neutral and set a new price target of $82.00
Dino DiMarino Departing for New Opportunity Search Process Underway to Identify Successor LEXINGTON, Mass., Sept. 07, 2021 (GLOBE NEWSWIRE) -- Mimecast Limited (NASDAQ:MIME), a leading email security and cyber resilience company, today announced it has appointed Joe Mercurio Interim Chief Revenue Officer (CRO), effective October 5, 2021. This appointment follows the resignation of Chief Revenue Officer, Dino DiMarino, who will depart from the Company in early October to pursue another opportunity. Mr. DiMarino will work with Mr. Mercurio, supported by CEO Peter Bauer, CFO Rafe Brown as well as the existing global sales leadership team, to facilitate an orderly transition. Mimecast
LEXINGTON, Mass., June 22, 2021 (GLOBE NEWSWIRE) -- Mimecast Limited (NASDAQ:MIME), a leading email security and cyber resilience company, today announced the appointment of David Raissipour as Chief Technology & Product Officer (CTPO). Raissipour brings 30 years' experience in the enterprise software industry and will support the company's strategy to accelerate innovation to serve customers and partners. Created with growth in mind, this new role brings together the company's product management and engineering organizations into one fully integrated team. "Every day we read about organizations who have been disrupted by cybersecurity incidents impacting lives and livelihoods. The need
LEXINGTON, Mass., Dec. 02, 2020 (GLOBE NEWSWIRE) -- Mimecast Limited (NASDAQ: MIME), a leading email security and cyber resilience company, today announced the appointment of Shahriar Rafimayeri as chief information officer (CIO). In this role, Shahriar will oversee all aspects of the company’s global IT organization, including infrastructure and internal application technology. He will accelerate Mimecast’s digital transformation efforts, with a focus on further elevating the customer and partner experience for companies of all sizes. “Putting our customers first has always been one of Mimecast’s core values,” said Peter Bauer, chief executive officer at Mimecast. “We built our integrate
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