back to article Violin faces second NYSE delisting threat

Violin Memory is facing a second NYSE delisting threat. The company makes all-flash arrays and its revenues have been so low for so long as to result in a falling share price. The NYSE, which lists Violin’s shares, told it by letter on April 27 that it was facing delisting because its average capitalisation over a 30-day …

  1. Just a geek

    If they could get the stock price up above $1 then they'd be worth a buy but the stock price has been steadily on the decline for the last 18 months so I can't see them improving anytime soon.

    1. Anonymous Coward
      Anonymous Coward

      The only way is a stock split as they aren't selling much with the bare bone of a sales force left in the building.

      5:1 ?

      1. Queasy Rider

        You can jiggle and split the stocks any way you want, but that won't change your under $50,000,000. valuation.

  2. Anonymous Coward
    Anonymous Coward

    Unlikely

    It's going to be hard to increase the valuation through sales. Rumor has it they have no sales or presales left in the UK, while the whole Germany team resigned en mass last month.

    And their Glassdoor reviews read like plot summaries from Game of Thrones...

  3. Anonymous Coward
    Anonymous Coward

    This is what happens if you run a business that never achieves profitability. Nimble and Pure are going to end up the same way as expenses are growing faster than revenue at both companies.

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