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From 2017 to 2018 they nearly tripled revenue, probably a reflection of the price changes that many in this thread have complained about.

The problem is that since then their growth has completely stalled out and is projected to be under 5% for both this year and next year.

While their revenue tops out over $1B their net profit is pretty slim.

Post acquisition expect to see a lot of cuts to improve cash flow as operations are slashed across the board, and depending on how the acquisition is funded it won't be a surprise to see the company burdened with a bunch of debt.

Then PE will either try to return cash through net income, or more likely than not relist the company after two - five years when the restructuring is complete and the company has a more financially interesting profile, akin to what happened with Ping Identity.

In an ideal world they will also try to increase revenue growth as well, so I wouldn't be surprised to see some more price increases coming down the line as well.




They blindsided us with a 300% increase. I'm very much looking forward to getting off the service. They may have done very well in the short term, but they destroyed to long term business.


PE will continue to milk this cow like they've done before (eg Intuit, etc).


Revenue increased because they merged with the GoTo suite of software.

"On January 31, 2017, we completed our Merger with a wholly-owned subsidiary of Citrix, pursuant to which we combined with Citrix’s GoTo family of service offerings known as the GoTo Business. Following the completion of the Merger, our revenue grew to over $1 billion on an annualized basis in fiscal 2017 and we added over 1,600 employees." - https://q10k.com/LOGM




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