04-12-2006, 03:42 PM
Quote: Though it has yet to set final terms, web analytics provider Omniture Inc. is going public.
In its S1 papers filed with the Securities and Exchange Commission last week, Omniture says it will use the proceeds to expand its sales and marketing program, improve its networking infrastructure and make a software licensing payment of $4 million.
The IPO papers also state that Omniture posted 2005 sales of $42.8 million on a net loss of $17.4 million, compared with sales of $20.5 million and a net loss of $1.3 million in 2004...
full article: http://www.internetretailer.com/dailyNews.asp?id=18224