Security News > 2020 > September > McAfee seeks $2bn return to stock market after Intel unpleasantness
2020-09-29 07:29
Security software outfit McAfee has filed to return to the stock market.
McAfee has been there before: when Intel bought the company in 2010 it was listed on the New York Stock Exchange.
Net revenue of $2,635 million in fiscal 2019 and $1,401 million in the 26 weeks ended June 27, 2020.
Net loss margin was 9.0% in fiscal 2019 and net income margin was 2.2% in the 26 weeks ended June 27, 2020.
McAfee asserts its brand will help it grow consumer sales, while adding partnerships with managed services providers and evolving its cloud products to grow enterprise sales.
News URL
https://go.theregister.com/feed/www.theregister.com/2020/09/29/mcafee_ipo/