Xactly Corporation IPO Info
Company Name: Xactly Corporation
Stock Symbol: XTLY
Exchange: NYSE
Status: Priced
IPO Date: 6/26/2015
IPO Price:
8.00 (
6.63%)
Underwriters
J.P. Morgan, Deutsche Bank Securities, UBS Investment Bank, Needham & Company, Oppenheimer & Co.
Amount of Offering: N/A
Number of Shares Offered: 7 Mil
Shares Outstanding After Offering: N/A
Valuation: N/A
Company Description
Xactly is a leading provider of enterprise-class, cloud-based, incentive compensation solutions for employee and sales performance management.
Financial Data
Financial commentary: "We had total revenue of $36.3 million, $47.2 million and $61.1 million for the fiscal years ended January 31, 2013, 2014 and 2015, respectively, resulting in year-over-year increases of 30% and 29%. Our subscription revenue for the fiscal years ended January 31, 2013, 2014 and 2015 was $27.5 million, $35.9 million and $47.3 million, respectively, resulting in year-over-year increases of 30% and 32%. We have made and expect to continue to make significant investments to support our growth and our transition to becoming a public company, and accordingly have incurred net losses of $9.4 million, $14.5 million and $18.5 million for the fiscal years ended January 31, 2013, 2014 and 2015, respectively."
SEC Filings
News Headlines
