Egnyte considers IPO in 2022
With revenue expectations set to pass $200 million in 2022 on the back of the Russia - Ukraine conflict's cyber component, CEO Vineet Jain is expecting to take the company public some time shortly after the markets unfreeze. As an immigrant to the United States in 1993, Jain wants to pay back early investors and employees who have stood by him for over a decade. This slow growth is also paying off though as the market oscillates wildly, and Jain expects to have to fight off buyout attempts from bigger players.
Balance Sheet|StructuralIn response to volatile demand in the wake of the first COVID-19 surge, the company undertook a comprehensive cost reduction program, aimed at shoring up labor and supply costs.
Lorem Ipsum text header Report Title
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Maecenas non leo lacinia, consectetur ipsum non, pretium augue. Vestibulum accumsan dignissim massa, eu scelerisque mi malesuada ut. Aliquam scelerisque facilisis nisl ac varius. Nunc luctus nunc vel eros iaculis, vitae tristique ante fringilla. Ut vitae vulputate est, vel lacinia nisi. Curabitur eget nulla vitae mi faucibus imperdiet. Cras sagittis arcu eu diam pharetra iaculis eget sit amet risus. Morbi eget turpis ut diam commodo congue id eu lacus.
Cras sagittis arcu eu diam pharetra iaculis eget sit amet risus. Morbi eget turpis ut diam commodo congue id eu lacus.