Gigamon, Inc. (GIMO) Tops Q1 EPS by 4c
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Gigamon Reports First Quarter 2016 Financial Results
April 28, 2016 4:16 PM EDTSANTA CLARA, Calif., April 28, 2016 /PRNewswire/ -- Gigamon Inc. (NYSE: GIMO), the leader in traffic visibility solutions, today released financial results for the first quarter ended April 2, 2016.
First Quarter 2016 Financial Highlights:
Revenue of $67.2 million, up 43% year-over-year. GAAP gross margin was 81%, compared to 76% in the first quarter of fiscal 2015. Non-GAAP gross margin was 82%, compared to 77% in the first quarter of fiscal 2015. GAAP net income was $3.0 million, or $0.08 per diluted share,... More