Software
Meanwhile, Sourcefire is yet to turn in a profit. For the year ended Dec. 31, 2006, Sourcefire posted revenue of $44.92 million, up from $32.87 million the year before. Net loss for 2006 was $865,000 down from $5.45 million the year before, according to the company's S-1 filing.
Still, Sourcefire's success on the stock market could help other private security companies go for IPOs as a viable exit strategy. "The security industry and investors are watching this IPO with great interest," says Nick Selby, an analyst with industry research firm The 451 group. "They are looking to this as testing the waters in 2007 for the others."TheStreet Premium Services
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note |
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|---|---|---|---|---|
| 12,393.45 | 1,310.33 | 2,827.34 | 15.81 |
Oil *
101.78
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26.41 |
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2.99 |
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10.02 |
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0.44 |
10 Yr
1.58%
SPDR Gold
151.62
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-0.21%
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-0.23%
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-0.35%
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-2.71%
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