Datto lauds 'reacceleration' of business in Q3 after earlier COVID-19 slowdown

Datto CEO Tim Weller says the company's Q3 figures marks "a reacceleration of our business", after starting its financial year bwith a round of redundancies. Total revenues for the MSP vendor were up 11 per cent to $137.7m (€115.93m) year on year. Subscription revenues made up the lion's share of that, bringing in $122.8m (€103.38m), which was a 17 per cent rise from Q3 2019. Meanwhile, Datto's Q3 adjusted EBITDA rocketed up 78 per cent to $45.8m (€38.56 m). The quarterly results ...