A look at how tech companies that had initial public offerings of stock recently are faring
Here's a look at how some companies that had initial public offerings of stock since January 2011 are faring. The companies are all loosely Internet-related, though their businesses vary widely.
April 26: Online games company Zynga Inc., which began trading publicly on Dec. 16, reported a net loss in the first quarter because of stock-compensation expenses, but adjusted earnings of 6 cents per share were a penny better than what Wall Street expected. Revenue grew 32 percent to $321 million.
Angie's List Inc., a consumer-reviews site that began trading publicly Nov. 17, says its first-quarter loss widened as it spent more on marketing and operations. That offset a 76 percent jump in revenue.
May 3: LinkedIn Corp., which had its first day of trading on May 19, says its first-quarter profit more than doubled. Revenue also doubled. Adjusted profit and revenue beat Wall Street's expectations.
Coming up:
Tuesday: Jive Software Inc. (first day of trading on Dec. 13), Demand Media Inc. (first day of trading on Jan. 26, 2011)
May 14: Groupon Inc. (first day of trading Nov. 4)
Not yet known: Pandora Media Inc. (first day of trading on June 15).
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