• by Ray Schultz , February 19, 2018

SendGrid, the email solutions provider that made an initial public offering last year, is poised to report sales of up to $29.45 million for the current fiscal quarter and full-year revenue of up to $110.05 million, according to outside brokerage estimates. 

The highest quarterly forecast among four analysts is 29.89 million, and the lowest is $28.61 million, Zacks Investment Research reports, according to Stock News Times. The lowest yearly estimate is $108.77.

That total is expected to increase from $134.76 million to $138.10 million for the next fiscal year, Stock News Times continues, quoting Zacks. Zacks’ calculations are “an average based on a survey of research firms that cover SendGrid,” Stock News Times adds.

The company, which is listed on the New York Stock Exchange as SEND, will report its earnings results on February 26. Meanwhile, the Denver-based firm is getting plaudits from stock analysts.

“The stock of SendGrid, Inc. (NYSE:SEND) is a huge mover today!” BzWeekly writes. “The stock increased 4.76% or $1.13 during the last trading session, reaching $24.88. About 168,873 shares traded.”

An identical piece on Reurope uses the headline "Will SendGrid, Inc. (SEND) Go Down Anytime Soon?"

Investing Bizz sdds: “SendGrid, Inc. (SEND)’s shares price jumped 4.76% with the closing value of $24.88 during Friday trading session. With latest gain move, stock price presented -9.28% negative comparing value from it 52-week high point and showed 42.17% upward in value from its 52-week low point.”