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I'm happy to help you with some general information about the public company with the stock ticker SEND, which is SendGrid, Inc.
SendGrid, Inc. is a Colorado-based company that provides cloud-based email delivery services for businesses. The company helps businesses deliver transactional and marketing emails through its platform, enabling businesses to engage with their customers effectively.
SendGrid went public on November 16, 2017, and its stock is listed on the NASDAQ stock exchange under the ticker symbol SEND. As of March 14, 2023, the company's stock price is around $5.53, with a market capitalization of approximately $1.17 billion.
In its most recent earnings report, SendGrid reported revenue of $184.2 million for the full year 2022, representing a 12% year-over-year increase. The company's net loss for the year was $21.1 million, compared to a net loss of $16.6 million in 2021.
SendGrid's revenue growth has been modest in recent years, with the company experiencing some challenges in expanding its customer base. Nevertheless, the company has a solid market position in the email delivery services space and continues to invest in its platform to drive growth.
It's important to note that investing in the stock market always carries risk, and it's essential to conduct your due diligence and consult with a financial advisor before making any investment decisions.
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