Source: cyberriskleaders
Mimecast's (MIME) growth initiatives are compelling. Its move to win large enterprise deals will continue to drive average order value. This has been backed by its rapid pace of innovation via a flurry of product updates. These updates will drive Mimecast's competitiveness as it sells to large enterprises. We expect Mimecast to keep investing in improving the breadth and depth of its capabilities. This will have a temporary impact on margins expansion.
FX volatility and weakness from small businesses will continue to drive volatility in the short term. The long term