Monday, April 14, 2014

Goodman Networks Files For $100M IPO

Plano-based Goodman Networks, which provides design, engineering, construction, deployment, and management of wireless infrastructure, filed for an IPO Monday, saying that it it looking to raise up to $100M on the NASDAQ Global Market as GNET. The company's IPO is being underwritten by BofA Merrill Lynch, Jefferies, FBR, Stifel, BB&T Capital Markets, D.A. Davidson & Co., and PNC Capital Markets LLC. Goodman reported a net loss of $43.0M on revenues of $931.7M in 2013.