ExactTarget IPO Info
Company Name: ExactTarget
Stock Symbol: ET
Exchange: NYSE
Status: Priced
IPO Date: 3/22/2012
IPO Price:
19.00 (
5.26%)
Underwriters
JPMorgan, Deutsche Bank, Stifel Nicolaus
Amount of Offering: N/A
Number of Shares Offered: 8.5 Mil
Shares Outstanding After Offering: N/A
Valuation: N/A
Company Description
ExactTarget is a leading global provider of cross-channel, interactive marketing software-as-a-service (SaaS) solutions that empower organizations of all sizes to communicate with their customers through the interactive channels they use most - email, mobile, social media and websites. The company's solutions provide marketers with a broad and powerful suite of integrated applications to plan, automate, deliver and optimize data-driven interactive marketing campaigns and real-time communications to drive customer engagement, increase sales and improve their return on marketing investment.
Financial Data
For the years ended December 31, 2009, 2010 and 2011, revenue was $95.4 million, $134.3 million and $207.5 million, representing period-over-period growth of 32%, 41% and 55%, respectively. For the years ended December 31, 2009, 2010 and 2011, the company posted a net loss of $61.1 million, $12.1 million and $35.4 million, respectively.
SEC Filings
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