Cyan, Inc. IPO Info
Company Name: Cyan, Inc.
Stock Symbol: CYNI
Exchange: NYSE
Status: Priced
IPO Date: 5/9/2013
IPO Price:
11.00 (
-51.91%)
Underwriters
Goldman, Sachs & Co., J.P. Morgan, Jefferies, Pacific Crest Securities
Amount of Offering: 75,000,000
Number of Shares Offered: N/A
Shares Outstanding After Offering: N/A
Valuation: N/A
Company Description
According to the S-1 filing, Cyan has "pioneered innovative, carrier-grade networking solutions that transform disparate and inefficient legacy networks into open, high-performance networks."
Financial Data
Brief financial summary from Cyan: Our revenue increased from $23.5 million in 2010 to $40.4 million in 2011, and to $95.9 million in 2012. Our net losses were $16.3 million, $15.9 million and $16.6 million in 2010, 2011 and 2012, respectively.
SEC Filings
News Headlines