In the Q3, Mimecast Limited's corporate clients experienced a reduction by -5.74 % in their costs of revenue, compared to a year ago, sequentially costs of revenue were trimmed by -11.8 %. During the corresponding time, Mimecast Limited recorded a revenue increase by 16.94 % year on year, sequentially revenue grew by 2.97 %. While revenue at the Mimecast Limited's corporate clients fell by -10.28 % year on year, sequentially revenue fell by -14.38 %.
Customers of Mimecast Limited saw their costs of revenue decrease by -5.74 % in Q3 compare to a year ago, sequentially costs of revenue were trimmed by -11.8 %, for the same period Mimecast Limited recorded revenue increase by 16.94 % year on year, sequentially revenue grew by 2.97 %.
Sources:
Mimecast Limited’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: Mimecast Limited’s corporate clients.
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