Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
FY 2022 Outlook
In the short time since Darktrace last updated its expectations, September results were as expected, and management's view of the balance between positive sales momentum and potential impacts from efforts to evolve its salesforce structure, remained unchanged. As such, Darktrace is reiterating the FY 2022 guidance and related commentary it provided for ARR, net ARR added and adjusted EBITDA margin on 15th September 2021 in its FY 2021 earnings release.
However, as recent foreign exchange headwinds were less than had been previously forecast, accelerating the conversion of constant currency ARR to US dollar denominated revenue, Darktrace is now expecting year-over-year revenue growth of between 37% and 39% (previously 35% to 37%), with 47% to 48% of annual revenue being recognised in the first half of the financial year.
Positive finish on Dow and Nasdaq! See what ftse futures are at tomorrow but hopefully a better day on the markets , however I was pleased to see Dark having a fairly strong finish considering the day .
I do believe that we will consolidate around this level for the time being before we move higher .
All good across the pond for the time being . U.S. stocks were set to jump for a second day as fears around a crisis in China’s property market eased somewhat and as the Federal Reserve kept current monetary stimulus in place for just a little bit longer
Steviewonder! I know , the information from the company today makes it a great hold , but seeing these latest movements makes everyone think I can make more , people asking when’s the top , when should I sell and buy back on the retrace , I have 19234 shares , so my 20 k movement would have been great , had I sold a few days ago and bought back yesterday. People need to relax and let the company do there thing , it’s so difficult to predict the highs and lows . I’m very happy with my investment in Darktrace and will sleep easy in the knowledge that it will achieve it’s true potential and value .
Sanchez599 , I’m not a chart person but , looking at classic cup and handle patterns, it appears that a retrace occurs very similar to form the bottom part of the handle and and then upwards ? I stand to be corrected.