Posted By Rich Miller On May 26, 2006 @ 3:22 pm In Companies | Comments Disabled
The business seems to be picking up momentum, raising its annual revenue estimate from $92 million to $100 million. With gross margins of roughly 75%, it appears to be hitting the point where it can scale effectively and let incremental revenue drop to the bottom line. Andreessen has stuck through it all. Seven years of unrelenting losses and $490 million of accumulated losses later, the clouds obscuring his company’s path to profitability are beginning to part.In its previous life as Loudcloud, the company was famously the last major IPO of the dot-com boom. It looks like Andreessen and his Opsware cohorts are positioned to benefit from their patience and perseverence. Still, it may take a while to make back that $490 million back.
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URL to article: http://www.datacenterknowledge.com/archives/2006/05/26/opsware-approaches-100m-in-annual-revenue/
URLs in this post:
 loss of $5.8 million: http://biz.yahoo.com/ap/060525/opsware_mover.html?.v=1
 The Motley Fool: http://www.fool.com/News/mft/2006/mft06052507.htm
 Rich Miller: http://www.datacenterknowledge.com/archives/author/richm/
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