Gigamon, Inc. (GIMO) Tops Q1 EPS by 4c
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Gigamon, Inc. (NYSE: GIMO) reported Q1 EPS of $0.22, $0.04 better than the analyst estimate of $0.18. Revenue for the quarter came in at $67.2 million versus the consensus estimate of $62.11 million.
"Security continues to be a significant growth driver for us representing over 60% of our transactions this quarter," said Paul Hooper, Chief Executive Officer of Gigamon. "Our Security Delivery Platform is proving to be the most efficient and effective way for organizations to scale their security deployments. The strength in this vertical in combination with accelerating growth in our Mobility market addressing the needs of Service Providers around the globe, delivered an all-time high revenue result."
For earnings history and earnings-related data on Gigamon, Inc. (GIMO) click here.
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