Tech and tacos: 3 locals earn kudos on Forbes' list of best small companies

Nov 12, 2014
Austin Business Journal

Three Austin-based businesses are among the best small companies in America, according to a recent list compiled by Forbes

These are not what you normally think of as small businesses because all the ranked companies are publicly traded, but all have sales under $1 billion

"Forbes looks to identify up and coming companies that have displayed strong, consistent growth," the accompanying story explains

SolarWinds ranked No. 11 out of the list of 100 top companies based on market capitalization — that's the value of outstanding shares of stock — sales growth, earnings growth and return on equity

Cirrus Logic Inc. ranked No. 24, and Chuy's Holdings ranked No. 35

SolarWinds, founded in 1998, is a management software developer which currently has a market capitalization of $3.13 billion and 2013 sales of $382 million. Revenue grew 28 percent in the third quarter. The company employs about 1,300 workers around the world. ABJ recently featured SolarWinds in a cover story about cool new office spaces

Cirrus Logic, founded in 1984, is a semiconductor company with a current market capitalization of $1.27 billion and 2013 sales of $712 million. In the third quarter, Cirrus Logic posted higher revenue but lower a lower profit. It has 751 employees, many in downtown Austin

Chuy's Holdings owns and operates the Chuy's brand of Mexican restaurants. The company's current market capitalization is $512 million and 2013 sales were $223 million. Chuy's stock prices have been somewhat volatile this past year, hitting a high of $43.40 on March 31 and dropping to $20.68 on Nov. 5

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