Gigamon LLC IPO Info
Company Name: Gigamon LLC
Stock Symbol: GIMO
Exchange: NYSE
Status: Priced
IPO Date: 6/12/2013
IPO Price:
19.00 (
47.79%)
Underwriters
Goldman, Sachs & Co., BofA Merrill Lynch, Credit Suisse, Barclays, Raymond James
Amount of Offering: N/A
Number of Shares Offered: 6.75 Mil
Shares Outstanding After Offering: N/A
Valuation: N/A
Company Description
Gigamon has developed a new and innovative solution that delivers pervasive and dynamic visibility and control of traffic across networks.
Financial Data
The company has experienced significant growth since our inception in 2004. Total revenue increased from $46.5 million in 2010 to $96.7 million in 2012, representing a compound annual growth rate, or CAGR, of 44%, and from $16.7 million during the three months ended March 31, 2012 to $25.8 million during the three months ended March 30, 2013, representing 55% growth. Net income was $6.6 million, $16.9 million and $7.5 million for the years ended December 31, 2010, 2011 and 2012, respectively. Net loss was $0.7 million and $1.2 million for the three months ended March 31, 2012 and March 30, 2013, respectively. The company has generated positive cash flows in each of the last seven years
News Headlines
