IPO Preview: Digital Domain To Go Public Friday

[Seeking Alpha]

Based in Port St. Lucie, FL, Digital Domain (proposed DDMG) scheduled a $61 million IPO with a market capitalization of $440 million at a price range mid-point of $11 for Friday, November 18, 2011. The full IPO calendar for the week of November 14 includes nine scheduled IPOs trying to raise over $1.5 billion.

Conclusion

An award-winning digital production company, DDMG is an artistic success but business failure to-date based on its income statement. With a small 18% gross margin it’s hard for DDMG to be profitable with its current cost structure. …

Read the full article here: http://seekingalpha.com/article/307819-ipo-preview-digital-domain-to-go-public-friday