Currently, Smartsheet is trading at $26.54 with a market capitalization of $2.6 billion. It had climbed to a 52-week high of $33.98 in September last year.

Smartsheet recently announced its second quarter results. For the quarter, Smartsheet’s revenues grew 59% to $42.4 million and were ahead of the market’s forecast of $39.1 million.

June could end up being the busiest month of initial public offerings in three years. Many investors have been anticipating IPOs from some of the most well known and visible tech firms in the U.S., with Airbnb and Uber standing above the rest.

Recently, enterprise collaboration software player Smartsheet went public. The company appears to be growing at a steady clip, but margins remain distant.