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MSP - Datto: Watch How That Bottom Line Grows
January, 04 2021 09:37 AM
Datto Holding Corp.
Shares of Datto have remained flat to their $27 IPO price since its IPO in October. Datto has been among the least-lauded technology IPOs, in the shadow of much more hyped offerings like Palantir and Snowflake. This is in spite of the fact that while Datto is slower-growing, it has been profitable for years and continues to build up margins. Results came in above expectations for Datto's first earnings release, a good indicator for future momentum. For further details see:
Datto: Watch How That Bottom Line Grows
Stock Information
Company Name:
Datto Holding Corp.
Stock Symbol:
MSP
Market:
NYSE
Website:
datto.com
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