Gigamon, Inc. (GIMO) Prelim. Q4 Revenue Falls Short of Consensus
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Gigamon Announces Preliminary Fourth Quarter and Fiscal Year 2016 Results
January 17, 2017 4:15 PM ESTSANTA CLARA, Calif., Jan. 17, 2017 /PRNewswire/ --Â Gigamon (NYSE: GIMO), the industry leader in traffic visibility solutions, today announced preliminary results for the fourth quarter and fiscal year ended December 31, 2016.
Gigamon currently expects:
Fiscal Fourth Quarter 2016 Preliminary Results
Revenue of $84.5 million to $85.0 million, compared to the company's prior guidance of $91 million to $93 million. GAAP gross margin between 83 percent and 84 percent. Non-GAAP gross margin between 83 percent and 84 percent, compared to the company's prior guidance of 82 percent to 83 percent. GAAP earnings per share of $0.18 to $0.20.... More