Nimble Storage IPO Info
Company Name: Nimble Storage
Stock Symbol: NMBL
Exchange: NYSE
Status: Priced
IPO Date: 12/13/2013
IPO Price:
21.00 (
115.71%)
Underwriters
Goldman, Sachs & Co., Morgan Stanley, Pacific Crest Securities, William Blair, Stifel, Oppenheimer & Co., Needham & Company
Amount of Offering: N/A
Number of Shares Offered: 8 Mil
Shares Outstanding After Offering: N/A
Valuation: N/A
Company Description
Nimble Storage said its mission is to provide its customers with the industry's most efficient data storage platform.
Financial Data
Brief financial statement from the company: "We have experienced significant growth in recent periods with total revenue of $1.7 million, $14.0 million, $53.8 million and $50.6 million in the years ended January 31, 2011, 2012 and 2013 and the six months ended July 31, 2013. Our net loss was $6.8 million, $16.8 million, $27.9 million and $19.8 million in the years ended January 31, 2011, 2012 and 2013 and the six months ended July 31, 2013. As our sales and customer base have grown, we have also experienced growth in our deferred revenue from $2.0 million as of January 31, 2012 to $10.9 million as of January 31, 2013 and to $19.9 million as of July 31, 2013. Our gross margin has improved from approximately 55% for the year ended January 31, 2012 to 62% for the year ended January 31, 2013 and to 63% for the six months ended July 31, 2013. As a percentage of total revenue, our operating expenses have declined from 175% for the year ended January 31, 2012 to 114% for the year ended January 31, 2013 and to 101% for the six months ended July 31, 2013."
SEC Filings
News Headlines
