2 IPOs Planned for the Week of February 24

Francis Gaskins |

The full IPO calendar is available at IPOpremium.com.

Lumenis

(1) Based in Yokneam, Israel, Lumenis ($LMNS) scheduled a $100 million IPO on the Nasdaq with a market capitalization of $564 million at a price range midpoint of $16 for Thursday, February 27, 2014.

LMNS provides energy-based, minimally invasive clinical solutions primarily for the aging population.

LMNS established a strong brand across diverse end-markets, consisting of its surgical, ophthalmic and aesthetic segments.

Varonis Systems

(2) Based in New York, NY, Varonis Systems ($VRNS) scheduled a $86.4 million IPO on the Nasdaq with a market capitalization of $429 million at a price range midpoint of $18 for February, Friday 28, 2014.

VRNS provides specialized enterprise software.  2013 revenue grew 40% to $75 million from $53 million, gross margin remained constant at 91%, and losses increased 54% to -$7.5 million from -$4.8 million.

42% of revenue is recurring from maintenance and services.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer

Companies

Symbol Name Price Change % Volume
VRNS Varonis Systems Inc. 27.00 -0.80 -2.88 85,189
RHWI Riverhawk Aviation Inc 0.00 0.00 0.00 0

Comments

Emerging Growth

Broadway Gold Mining Ltd.

Broadway Gold Mining Ltd is engaged in the exploration of mineral resources. The Company owns a 100% interest in the Madison Gold and Copper Mine located in Southwestern Montana.

Private Markets

Knightscope

Autonomous security robots providing advanced detection capabilities at $7 per hour - aiming to define the future of security. Help #StopTheViolence.

Wealthfront

Wealthfront is an automated investment service that serves as an alternative to traditional financial advisory services. The company manages a diversified, continually rebalanced portfolio of index funds on their clients’…