| IPO Company Profile © ipodata.com |
| Message Board | Quote | Chart | News | SEC Filings | Peer IPO Companies | Company's Home Page |
| Brocade Communications Systems, Inc. |
| 1901 Guadalupe Parkway, San Jose, CA 95131 * (408) 487-8000 |
| Business Description | The company is the leading provider of Fibre Channel switching solutions for storage area networks, or SANs, which apply the benefits of a networked approach to the connection of storage systems and components. |
| Offering Information Company has | |||
| Trading As | BRCD (NASNTL) | Industry | Internet (SIC 7372) |
| Type of Stock Offered | Common Shares | Filing Date | 3/19/99 |
| Domestic Shares Offered | 3,250,000 | Offer Date | 5/24/99 |
| Foreign Shares Offered | 0 | Filing Range | $15.00 - $17.00 |
| Company Shares | 3,250,000 | Offer Price | $19.00 |
| Selling Shrhldrs Shares | 0 | Gross Spread | $1.330 |
| Gross Proceeds | $61,750,000 | Selling | $0.810 |
| Expenses | - - | Reallowance | $0.100 |
| Post-IPO Shares | 25,685,291 | Employees | - - |
| Primary Underwriting Group | ||
| Underwriter Name | Participation | Underwriter Phone |
| Morgan Stanley Dean Witter | Lead Manager | (212) 761-5900 |
| BT Alex Brown | Co-manager | (410) 727-1700 |
| Dain Rauscher Wessels | Co-manager | (612) 371-2818 |
| Income Statement and Cash Flow Summary | |||||||
| Prior Audited Income |
Latest Unaudited Income | ||||||
| Full Year Audited Figures | 3 Months Ending | ||||||
| Figures in U.S. millions except per share data | 10/31/95 | 10/31/96 | 10/31/97 | 10/31/98 | 1/31/98 | 1/31/99 | |
| Revenues | - | 0.000 | 0.000 | 8.482 | 24.246 | 7.850 | 8.007 |
| Income from Oper. | - | -0.176 | -3.818 | -9.442 | -15.231 | -1.398 | -1.846 |
| Net Income | - | -0.166 | -3.934 | -9.619 | -15.111 | -1.355 | -1.839 |
| E.P.S | - | - | - | - | -0.840 | - | -0.100 |
| Revenue Growth (%) | - | - | - | 185.852 | 2.00 | ||
| Net Income Growth (%) | - | - | - | - | - | ||
| Oper. Profit Margin (%) | - | - | - | - | - | - | - |
| Net Profit Margin (%) | - | - | - | - | - | - | - |
| Cash Flow - Oper. | -11.59 | -0.95 | 0.38 | ||||
| Cash Flow - Inv. | 12.15 | 14.30 | -0.35 | ||||
| Cash Flow - Fin. | 7.31 | 4.66 | -0.31 | ||||
| Balance Sheet Summary and Financial Ratios | |||||
| Balance sheet as of: 1/31/99 | Financial Ratios | ||||
| Total Assets | 24.58 | Current Assets | 19.18 | Current Ratio | 1.31 |
| Total Liab. | 17.19 | Current Liab. | 14.68 | Debt Ratio | 69.95% |
| Total Equity | 7.39 | Working Cap. | 4.50 | Debt to Equity Ratio | 2.33 |
| Cash | 10.14 | Return on Assets | - | ||
| Use Of Proceeds |
The proceeds from the proposed offering will be used for general corporate purposes including repayment of indebtedness, capital expenditures and working capital. |
| Legal Counsel Registrar Auditor | |
| Issuer's Law Firm | Wilson, Sonsini, Goodrich & Rosati |
| Bank's Law Firm | Gray Cary Ware & Freidenrich |
| Auditor | Arthur Andersen |
| Send us feedback if you would like to request that we hyperlink a firm on this page | |