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home / news releases / MSP - Datto: The Market's Ambivalence To This Stock Is Puzzling

MSP - Datto: The Market's Ambivalence To This Stock Is Puzzling

Datto Holding Corp.
  • Backup software company Datto posted strong Q3 results that showed consistent 21% y/y revenue growth.
  • While the company saw margins compress slightly as a result of an increased push on sales, Datto still delivered rich adjusted EBITDA profits.
  • Datto is one of the few stocks in the software sector that can be reasonably valued from both a revenue and EBITDA perspective.
  • Its technology has truly horizontal use cases and is attached to the hybrid cloud trend.

For further details see:

Datto: The Market's Ambivalence To This Stock Is Puzzling
Stock Information
Company Name: Datto Holding Corp.
Stock Symbol: MSP
Market: NYSE
Website: datto.com
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