Gigamon Reports Second Quarter 2015 Financial Results

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Go back to Gigamon Reports Second Quarter 2015 Financial Results

Needham & Company Raises Price Target to $39 Following Gigamon, Inc. (GIMO) 2Q Beat and Raise

July 24, 2015 8:26 AM EDT

Needham & Company reiterated a Buy rating on Gigamon (NYSE: GIMO), and raised the price target to $39.00 (from $38.00), following a 2Q15 beat and raise. GIMO reported revenues of $51.4M vs $49.86 consensus, and raised 2015 guidance to $212.8M (from $208.5M). EPS was reported at $0.16 vs $0.14 consensus. GIMO raised 2015 EPS guidance to... More

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

July 23, 2015 4:46 PM EDT

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... More