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Those I.P.O.’s Are Sizzling Hot. RightNow Technologies of Bozeman
January 12, 2005 /
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Greg R. Gianforte of RightNow Technologies http://www.rightnow.com/ , whose stock soared in 2004 though it had no profits when it decided last winter to go public. He says profits are important, "but you have to look at other financial metrics as well."
For one thing, the company could boast of 24 consecutive quarters of revenue growth. For another, though the company wasn’t profitable when it first filed to go public, it was profitable for two quarters before its stock market debut in August.
By GARY RIVLIN
(Many thanks to Jack Manning of Dorsey Whitney for passing this along- Russ)
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Posted in: Montana Business
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