Thursday, September 27, 2012
Gilt to be profitable this year, eyes IPO in 2013
SAN FRANCISCO (Reuters) - Gilt Groupe will turn a profit for the first time in coming months, helping the flash sales website prepare for a possible initial public offering in 2013, President Andy Page said on Thursday. Gilt founders - Photo: GiltThe company, founded by tech entrepreneur Kevin Ryan, will be profitable in the fourth quarter. It also has a chance of being in the black in the typically slow first quarter and is confident of a profit in the second quarter of next year, he said.To
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment