WANdisco made substantial strategic progress in FY18, deepening both its partnerships with major cloud providers and broadening its product base. With discussions over a strategic deal with a major cloud vendor still ongoing and FY19 off to a good start (Q1 revenue up 38% y-o-y), we leave our forecasts largely unchanged. In our view its exceptional growth prospects and potential strategic value justify a premium rating.
24 Apr 2019
WANdisco - Set for a re-acceleration
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WANdisco - Set for a re-acceleration
Cirata Plc (CRTA:LON) | 66.5 0 0.0% | Mkt Cap: 76.4m
- Published:
24 Apr 2019 -
Author:
Dan Gardiner -
Pages:
4
WANdisco made substantial strategic progress in FY18, deepening both its partnerships with major cloud providers and broadening its product base. With discussions over a strategic deal with a major cloud vendor still ongoing and FY19 off to a good start (Q1 revenue up 38% y-o-y), we leave our forecasts largely unchanged. In our view its exceptional growth prospects and potential strategic value justify a premium rating.