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Mimecast Limited (NASDAQ: MIME) has announced a strategic API integration with Humio, a CrowdStrike company, enhancing cyber resilience for enterprise organizations. This integration allows for advanced email-based threat detection, investigation, and hunting capabilities. It aims to provide businesses with real-time visibility and faster incident response to combat increasing email threats. Humio's architecture supports extensive logging and alerting, further empowering joint customers to mitigate risks associated with cyberattacks, particularly through the email attack vector.
Mimecast Limited (NASDAQ: MIME) has become a founding member of the XDR Alliance™ at BLACKHAT USA 2021. This partnership aims to create an open framework for extended detection and response (XDR) to enhance cybersecurity. The XDR Alliance is focused on fostering collaboration among cybersecurity innovators to improve threat detection and response capabilities for organizations. The initiative includes participation from various key players in the cybersecurity space, promoting a more integrated and effective security operations environment.
Mimecast Limited (NASDAQ: MIME) reported strong Q1 2022 results with $142.5 million in revenue, a 24% increase year-over-year. The net revenue retention rate stood at 105%, and the number of services per customer rose to 3.6. The company generated $40.7 million in operating cash flow and $31.6 million in free cash flow with margins of 22.2%. GAAP EPS reached $0.15, while non-GAAP EPS was $0.32. For Q2 2022, revenue is expected between $141.8 million to $143.3 million, and full-year revenue guidance is $576.7 million to $583.4 million.
Mimecast Limited has introduced the CyberGraph™ solution, an AI-driven add-on for its Secure Email Gateway aimed at enhancing email security. This new technology detects sophisticated phishing and impersonation attacks by creating an identity graph to monitor relationships between senders and recipients. With key capabilities such as blocking embedded trackers, utilizing machine learning for threat detection, and providing dynamic warning banners to users, CyberGraph strives to protect employees against cyber threats effectively. Availability began in the US and UK.
Mimecast Limited (NASDAQ: MIME) is set to release its financial results for Q1 fiscal year 2022, ending June 30, 2021, on August 3, 2021, before market opens. A live conference call is scheduled for 8:00 AM EDT that day to discuss the results, available via webcast on the company’s investor relations website. Mimecast focuses on email security and cyber resilience, committed to protecting customers from cyber disruptions while continuously enhancing its security capabilities.
Mimecast Limited (NASDAQ: MIME) announced the appointment of David Raissipour as Chief Technology & Product Officer, effective June 28, 2021. Raissipour, with 30 years of enterprise software experience, will unify the company’s product management and engineering teams to enhance innovation and market leadership. CEO Peter Bauer emphasized the necessity for improved cybersecurity solutions. Raissipour previously held senior roles at Sophos, Carbonite, RSA, and Microsoft, and aims to address expanding security risks and accelerate product development.
Mimecast Limited (NASDAQ: MIME), a leader in email security and cyber resilience, announced that CFO Rafe Brown will present at the Cowen 49th Annual Technology, Media & Telecom Conference. The presentation is scheduled for June 2, 2021, at 9:10 AM EDT. Investors can access a live webcast here. The presentation will also be available for 90 days in the Investor Relations section of the company’s website.
Mimecast Limited (NASDAQ: MIME) has been recognized as a 'Leader' in The Forrester Wave™: Enterprise Email Security, Q2 2021. The company's Email Security with Targeted Threat Protection received top scores in nine criteria, including email authentication and product enhancements. This recognition highlights Mimecast's comprehensive email security solutions, which encompass security training and API integration with Microsoft 365. The report emphasizes the importance of advanced security measures against complex cyber threats targeting enterprises, underscoring Mimecast's commitment to providing robust email security.
Mimecast Limited (NASDAQ: MIME) announced a search for a chief technology and product officer to accelerate innovation and market leadership. Bernd Leger has been appointed as chief marketing officer, effective May 17, 2021, transitioning from Nexthink, where he enabled significant growth. The company aims to integrate product management and engineering under one leadership to enhance its multi-product platform. Current leaders John Walsh and Christina Van Houten will transition to advisory roles. Mimecast emphasizes its commitment to innovation and delivering enhanced value for stakeholders.
