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Gigamon, Inc. (GIMO) Tops Q2 EPS by 2c

July 23, 2015 4:46 PM EDT
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Price: $38.50 --0%

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Gigamon, Inc. (NYSE: GIMO) reported Q2 EPS of $0.16, $0.02 better than the analyst estimate of $0.14. Revenue for the quarter came in at $51.4 million versus the consensus estimate of $49.86 million.

"Our record performance in the quarter was driven by continued traction of our security and GigaSMART portfolios, and strong results in our Federal and Service Provider businesses in the quarter," said Paul Hooper, chief executive officer of Gigamon. "Reflecting our continued focus and investment in the security market, earlier this week we announced our GigaSECURE Security Delivery Platform - an industry-first. Our new Platform establishes a powerful architecture to improve the efficiency and effectiveness of both defense and detection security systems and solutions connected to the Gigamon Visibility Fabric."

For earnings history and earnings-related data on Gigamon, Inc. (GIMO) click here.



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