Mandiant, Inc.

NasdaqGS:MNDT Stock Report

Market Cap: US$5.4b

This company listing is no longer active

This company may still be operating, however this listing is no longer active. Find out why through their latest events.

Mandiant Past Earnings Performance

Past criteria checks 0/6

Key information

-9.76%

Earnings growth rate

-2.23%

EPS growth rate

Software Industry Growth17.33%
Revenue growth rate-13.36%
Return on equity-23.10%
Net Margin-81.81%
Last Earnings Update30 Jun 2022

Recent past performance updates

Recent updates

Seeking Alpha • Sep 09

Mandiant jumps on Nasdaq notice of last trading day with Google deal

Mandiant (MNDT) ticked up 0.6% after a Nasdaq notice indicated Friday would be the last trading day as the company completes its sale to Google (NASDAQ:GOOGL). In July the U.S. Dept. of Justice grated earlier termination of the waiting period in connection with Google's (GOOGL) $5.4 billion planned acquisition of the cybersecurity firm. Google (GOOGL) agreed to buy cybersecurity firm Mandiant Inc. (NASDAQ:MNDT) for $23/share in March.
Seeking Alpha • Aug 02

Mandiant Non-GAAP EPS of -$0.13 misses by $0.03, revenue of $137.92M beats by $6.45M

Mandiant press release (NASDAQ:MNDT): Q2 Non-GAAP EPS of -$0.13 misses by $0.03. Revenue of $137.92M (+21.1% Y/Y) beats by $6.45M. Given the announcement made on March 8, 2022, regarding the company’s entry into a definitive agreement to be acquired by Google LLC, Mandiant will not be providing financial guidance for the third quarter of 2022 or updated financial guidance for the full-year 2022. The company’s previously issued full-year 2022 financial guidance should no longer be relied upon. Due to the pending transaction with Google LLC, the company will not host a conference call in conjunction with this release.
Seeking Alpha • Jul 18

Mandiant gains after getting DOJ antitrust approval for Google deal

Mandiant (NASDAQ:MNDT) gained 2.3% in after hours trading after the U.S. Dept. of Justice grated earlier termination of the waiting period in connection with Google's (NASDAQ:GOOGL)  $5.4 billion planned acquisition of the cybersecurity firm. On Friday, the DOJ granted early termination of the waiting period under the HSR Act with respect to the transaction, according to an 8-K filing. Mandiant (MNDT) and Google (GOOGL) continue to expect the closing of the deal to occur by the end of the year. The antitrust approval comes after Google (GOOGL) and Mandiant (MNDT) received a request for additional information from the DOJ in May. Dealreporter said in May that Google (GOOGL) doesn't believe that it will have to notify China or gain approval from the country's antitrust regulator at least partly due to Mandiant's (MNDT). Google (GOOGL) agreed to buy cybersecurity firm Mandiant Inc. (MNDT) for $23/share in March. Google was competing with Microsoft (MSFT) for the cybersecurity firm, though it reportedly walked away from the deal.
Seeking Alpha • Mar 14

Merger Arbitrage Mondays: Google Acquires Cybersecurity Firm Mandiant

Two out of the three new deals announced last week were potential deals in the works. Google is paying $5.4 billion to acquire Mandiant. Four SPAC Business Combinations terminated last week.
Seeking Alpha • Feb 22

Is Mandiant Stock A Buy Or Sell At Its Current Valuation?

Mandiant is a company with an attractive industry focus and compelling growth in recent quarters. Mandiant is far from profitable, however. Near-term profitability is far from certain. With Mandiant's shares spiking due to takeover speculation, I do not believe that it's a great time to enter a position here.
Seeking Alpha • Jan 28

Mandiant: Billions In Cash And Recurrent Revenue Justify A Higher Valuation

Mandiant, Inc. offers intelligence-based cybersecurity solutions, including threat intelligence, security validation, and automated alert investigation included in the Mandiant Advantage platform. The company also has a significant amount of cash to finance new marketing activities to attract new customers. It is very relevant to note that the company’s recurring revenue continues to grow at a CAGR of 24%. If the company signs new M&A agreements, hires new sales engineers, and develops new solutions, revenue growth will most likely trend north. If we use a WACC of 5.5%, the sum of the FCFs stands at $2.3 billion. I also used an EBITDA multiple of 25x, which would imply an IRR close to 20%-21.5%.
Seeking Alpha • Aug 25

FireEye: Cheaply Valued Cybersecurity Stock

FireEye is divesting its hardware business. The ongoing business isn't so attractive, at least on the surface. But there's more here than meets the eye. FireEye is the only cybersecurity stock that hasn't rallied in the past three months. At 8x forward sales, together with a 10% share buyback program, this stock is worthwhile considering.
Seeking Alpha • Jun 29

FireEye: Solid Company, Wrong Price

FireEye recently sold its product and service business to focus on the fast-growing Mandiant product line. According to my analysis, I think the company has much of its upside already priced in and is currently not a buy based on fundamentals. However, the current industry headwinds and positive sentiments could push the stock price to higher levels in the short term.

Revenue & Expenses Breakdown

How Mandiant makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NasdaqGS:MNDT Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Jun 22523-428413173
31 Mar 22499-436399169
31 Dec 21483-431384167
30 Sep 21461-386362161
30 Jun 21439-362343147
31 Mar 21422-348330135
31 Dec 20400-355331122
30 Sep 20525-319368157
30 Jun 20650-303414194
31 Mar 20771-280464233
31 Dec 19331-363356103
30 Sep 19872-257508266
30 Jun 19857-241501259
31 Mar 19842-247492255
31 Dec 18831-243487254
30 Sep 18819-265488252
30 Jun 18805-284492254
31 Mar 18794-280491251
31 Dec 17780-285505243
30 Sep 17759-276483238
30 Jun 17748-330504236
31 Mar 17731-401538252
31 Dec 16706-485575280
30 Sep 16714-555633297
30 Jun 16693-567644307
31 Mar 16666-561641300
31 Dec 15623-539618279
30 Sep 15581-509595261

Quality Earnings: MNDT is currently unprofitable.

Growing Profit Margin: MNDT is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: MNDT is unprofitable, and losses have increased over the past 5 years at a rate of 9.8% per year.

Accelerating Growth: Unable to compare MNDT's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: MNDT is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (18.3%).

Return on Equity

High ROE: MNDT has a negative Return on Equity (-23.1%), as it is currently unprofitable.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2022/09/12 03:46
End of Day Share Price 2022/09/09 00:00
Earnings2022/06/30
Annual Earnings2021/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Mandiant, Inc. is covered by 33 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jamie SheltonArete Research Services LLP
Jonathan RuykhaverBaird
Raimo LenschowBarclays