Datto Announces First Quarter 2021 Financial Results

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Datto Holding Corp. (Datto) (NYSE: MSP), the leading global provider of cloud-based software and security solutions purpose-built for delivery by managed service providers (MSPs), today announced its financial results for the first-quarter ended March 31, 2021.

“Our first quarter results represented a great start to the year,” said Tim Weller, Datto’s Chief Executive Officer. “We delivered subscription revenue growth of 17% year over year, added 300 net new partners during the quarter and drove another sequential increase in ARR growth, so the business continues to accelerate. Looking ahead to the rest of 2021, we remain focused on our investments in cloud and security as we give our MSP partners the ability to secure SMB digital assets in a hybrid cloud world no matter where the data and applications live. We see good momentum across the product suite and we are well positioned to capitalize on the large and growing market opportunity ahead of us.”

First Quarter 2021 Financial Results

		(In Millions)		Q1 2021		Q1 2020		Y/Y Change
		Subscription Revenue(1)		$135.6		$116.0		17%
		Total Revenue(1)		$144.9		$124.7		16%
		ARR(2)		$572.5		$498.4		15%
		Gross Margin		73%		70%		Madison Strategic Sector Prem NYSE:MSP View MSP Stock Overview → MSP Rankings N/A Ranked by Market Cap N/A Ranked by Dividends MSP Latest News Jun 1, 2022 Datto Appoints New Vice President for Asia Pacific May 11, 2022 Datto Leaders Named to CRN’s 2022 Women of the Channel and Power 100 Lists May 10, 2022 Managed Service Providers are Key to Customers’ Data Protection in an Increasingly Digital ASEAN May 9, 2022 Datto Announces First Quarter 2022 Financial Results Apr 26, 2022 Datto Launches Two Continuity Solutions that Provide the Last Line of Defense for MSPs Against Cyberattacks MSP Stock Data Website Link Related Articles Continue reading with these related stories $VIVK Top Gainer Vivakor Updates Guidance of Crude Oil Marketing Platform to Approximately $1.5 Billion Annually Jul 29, 2026 +13.68% $WETO Top Loser Wetour Robotics Announces Share Consolidation Jul 29, 2026 -43.56% $GAMXF Related Gamma Resources Announces $880,000 Private Placement with Full Warrant Coverage Jul 31, 2026 private placement $CWD Trending Caliber Sets Date for Second Quarter 2026 Earnings Announcement & Investor Conference Call Jul 31, 2026 conferences $LI Related Li Auto Inc. July 2026 Delivery Update Jul 31, 2026 $NXST Related Nexstar Media Group Declares Quarterly Cash Dividend of $1.86 Per Share Jul 31, 2026 dividends $FRHC Related Freedom Holding Corp. Completes Acquisition of Turkish Bank Jul 31, 2026 acquisition $PCG Related Pacific Gas and Electric Company Announces Results of Cash Tender Offers Jul 31, 2026 $ORVMF Related ORVANA SUBSIDIARY IN BOLIVIA REPORTS Q3 FY2026 FINANCIAL RESULTS Jul 31, 2026 earnings $CLRMF Related Clean Air Metals and Fiore-Backed Springbok Ventures Announce Strategic Business Combination Jul 31, 2026 View All Latest News Explore About Contact Editorial Policy FAQ Rhea-AI Sitemap Legal Terms of Use Cookie Notice Privacy Policy Market Data Articles Top Gainers Market Cap Momentum Scanner Stock Themes Live News Financial Tools Stock Market Hours Links RSS feed Facebook Reddit Add to Google An independent AI‑powered platform for real‑time stock market news, press releases, SEC filings, earnings, and tools for trading and investing. © 2020-2026 StockTitan.net - Your Edge is Information Information only. Not investment advice.