AppDynamics Prices IPO at $10.00-$12.00 Per Share (APPD)
In the last year, AppDynamics generated $206.2 million in revenue and had a net loss of $136.7 million. The company has a market-cap of $1.4 billion.
Morgan Stanley, Goldman Sachs, J.P. Morgan, Barclays, UBS Investment Bank, Wells Fargo Securities, William Blair and JMP Securities served as the underwriters for the IPO.
AppDynamics provided the following description of their company for its IPO: “We offer an innovative, enterprise-grade application intelligence software platform that is uniquely positioned to enable enterprises to accelerate their digital transformations by actively monitoring, analyzing and optimizing complex application environments at scale. Our integrated suite of applications monitors the performance of software applications and IT infrastructures, down to the underlying code, and automatically correlates them into logical “business transactions,” such as booking a flight in a web browser, transferring money on a mobile device, getting directions through a car’s navigation system or locating physical goods in an inventory system. “.
AppDynamics was founded in 2008 and has 1186 employees. The company is located at 303 Second Street North Tower, 8th Floor San Francisco, CA 94107, US and can be reached via phone at (415) 442-8400 or on the web at https://www.appdynamics.com.
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