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home / news releases / MSP - Datto: A Reliable Value Stock For A Long-Term Hold

MSP - Datto: A Reliable Value Stock For A Long-Term Hold

Datto Holding Corp.
  • Shares of Datto have gained steam after the company reported strong fiscal fourth-quarter results.
  • The company achieved mid-teens growth in both ARR and subscription revenue.
  • At the same time, the company has been materially expanding its adjusted EBITDA and margin profile.
  • The company has set fairly modest targets for both revenue and profitability in FY21 that should create an easy "beat and raise" cadence for the year.

For further details see:

Datto: A Reliable Value Stock For A Long-Term Hold
Stock Information
Company Name: Datto Holding Corp.
Stock Symbol: MSP
Market: NYSE
Website: datto.com
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