Tuesday, November 19, 2024

IPO on the horizon for ExaGrid?

Bill Andrews, CEO, ExaGrid, told The IT Press Tour a few weeks ago, that an IPO could be on the radar in the coming quarters even if the priority is to grow the business and gain market footprint. But there is no pressure on that and no special interest from investors. The 16 last quarters demonstrate strategy and operational excellence with impressive figures. The company revenue should pass the $200 million barrier for the next ARR window.

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