Tuesday, June 01, 2004
DMNews.com | News | Article: "WebSideStory Files $57.5M IPO
By: Brian Morrissey - Senior Editor
Web analytics company WebSideStory filed an initial public offering last week that could net the company $57.5 million.
Like other Internet companies filing stock offerings recently, WebSideStory, San Diego, is profitable. In the first quarter it generated net income totaling $128,000 on $5 million in sales, according to its Securities and Exchange Commission filing. Last year, it lost $1.9 million on $16.4 million in revenue. It had $7.1 million in cash and cash equivalents as of March 1..."
By: Brian Morrissey - Senior Editor
Web analytics company WebSideStory filed an initial public offering last week that could net the company $57.5 million.
Like other Internet companies filing stock offerings recently, WebSideStory, San Diego, is profitable. In the first quarter it generated net income totaling $128,000 on $5 million in sales, according to its Securities and Exchange Commission filing. Last year, it lost $1.9 million on $16.4 million in revenue. It had $7.1 million in cash and cash equivalents as of March 1..."
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