Pluralsight, Inc. (PS)

Sector - Technology

IPO Profile

About company

Company Logo
They are a leading provider of technology skill development solutions for businesses and individuals. They enable businesses to innovate in an era of rapid technological change and digital transformation by equipping their employees with the latest technology skills. They provide businesses with visibility into the technical strengths of their workforce, allowing them to better align resources, provide targeted skill development in line with company goals, and advance the skills of individuals and teams. Their course library includes over 6,500 on-demand and online courses across a range of technology subject areas, including cloud, mobile, security, IT, and data. They started operations in 2004 and focused initially on in-person instructor-led training. In 2008, they began offering online courses and shifted entirely to an online delivery model in 2011. They offer three subscription levels to their platform: individual, professional, and enterprise, which vary by the capabilities provided. Their published pricing ranges from $499 to $699 per user per year for business subscriptions (79% of 2017 billings), which include more than 300 of the Fortune 500. They also offer individual users subscriptions to their platform for $29 per month or $299 per year.
Industry
Computer Programming, Data Processing
CEO CFO
Aaron Skonnard James Budge
Employees Founded
890 2004

Contacts

Address: 182 North Union Avenue, Farmington, Ut 84025, Us

Telephone: (801) 784-9007

Web page: http://www.pluralsight.com

IPO information

First Trade Date 5/17/2018
Status Priced
Exchange NASDAQ
Lockup Period Expiration .Pro
Quiet Period Expiration .Pro
Old Price Range $10.00-$12.00
Share prices ($)
15.00
15.00
15
20
20.12
Price Low Price High Priced Open 1st day Close 1st day

Shares & Volumes

Shares Initial (MM) 20.7
Shares Revised (MM) 20.7
Expected offer amount (MM) $269.1
Realized offer amount(MM) $310.5

Financial Data (last reporting year)

Market Cap (MM) $1714.1
Revenues (MM) $179.2
Net Income (Loss) (MM) $-191.6

Voting

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The lead left underwriter: Morgan Stanley

IPOs led by the firm .Pro
Profitability of conducted IPOs  ?  .Pro
1st day change  ?  .Pro
Change for the first 3 months  ?  .Pro
Underwriters
Morgan Stanley/ J.P. Morgan/ Barclays/ BofA Merrill Lynch
CO-Managers
First Analysis Securities/ Needham & Co./ Raymond James/ SunTrust Robinson Humphrey

Sector: Technology

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