Update: Hadoop battle lines being drawn
WANdisco’s full year results were as expected, with the late surge in big data deal flow driving 18% bookings growth. Revenues grew by 40%, while increased investment widened the EBITDA loss to $17.9m. We see the company’s joining of the Open Data Platform initiative as a positive long term. However, there is a risk that the drawing of battle lines in the Hadoop ecosystem will prolong decision cycles in the near term, as could a recent restructuring of the sales team. We adjust our estimates to reflect this.Wandisco Plc is engaged in the development and provision of global collaboration software.
Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.
.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.