| IPO Company Profile |
| Current Quote | News | SEC Filings | Peer IPO Companies | Company's Home Page |
| Atlantic Data Services, Inc. |
| One Batterymarch Park, Quincy, MA 02169 * (617) 770-3333 |
| The company provides information technology strategy consulting and systems integration services to customers exclusively in the financial services industry, primarily banks. |
| Manager | Tier | Phone |
| BancAmerica Robertson Stephens | Lead Manager | (415) 989-8500 |
| Adams, Harkness & Hill | Co-manager | (617) 371-3705 |
| BT Alex Brown | Co-manager | (410) 727-1700 |
| NASNTL: | ADSC | High-Tech: | SIC 7379 | |
| Type of Shares: | Common Shares | Filing Date: | 3/26/98 | |
| U.S. Shares: | 2,500,000 | Offer Date: | 5/22/98 | |
| Non-U.S. Shares: | 0 | Filing Range: | $13.00 - $15.00 | |
| Primary Shares: | 2,000,000 | Offer Price: | $13.00 | |
| Secondary Shares: | 500,000 | Gross Spread: | $0.91 | |
| Offering Amount: | $35,000,000 | Selling: | $0.52 | |
| Expenses: | $750,000 | Reallowance: | $0.10 | |
| Post-IPO Shares: | 12,670,840 | |||
| Employees: | 254 |
| Issuer's Law Firm: | Testa, Hurwitz & Thibeault |
| Bank's Law Firm: | Hale and Dorr |
| Registrar/Transfer Agent: | Boston Equiserve Limited Partnership |
| Auditor: | Ernst & Young |
Dollar amounts in U.S. millions except for per share data | |||||
| 9 Month Ending Financials | |||||
| Full Year Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 3/31/97 | 12/31/97 | 12/31/96 | 12/31/97 | ||
| Revenue: | $23.84 | $28.22 | $17.16 | Assets: | $13.90 |
| Net Income: | $2.04 | $3.28 | $1.38 | Curr Assets: | $12.85 |
| EPS: | $0.20 | $0.31 | Liabilities: | $7.03 | |
| Prior EPS: | $2.33 | $1.47 | Curr Liab: | $6.99 | |
| Cash Flow/Oper: | $2.16 | $0.77 | -$0.01 | Equity: | $6.87 |
| Cash Flow/Fin: | -$1.52 | -$0.39 | -$0.08 | Cash: | $5.36 |
| Cash Flow/Inv: | -$0.22 | Working Cap: | $5.87 | ||
| Use of Proceeds |
| The proceeds from the proposed offering will be used for general corporate purposes including working capital. |