- Revenue and margin guidance improved
- Strong cash generation leaves it with healthy balance sheet
Given the consistent revenue growth Darktrace (DARK) has achieved over the past few years, it looks a lot cheaper than it used to.
The weakness in its share price is because of a sell note written by Peel Hunt a few years ago questioning its total addressable market size and a short-seller’s report published by Quintessential Capital questioning the quality of its revenue.