ShoreTel (SHOR) Tops Q2 EPS by 5c, Offers Q3 Rev. Guidance

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ShoreTel Reports Financial Results for Second Quarter Fiscal Year 2017

January 26, 2017 4:05 PM EST

SUNNYVALE, Calif., Jan. 26, 2017 /PRNewswire/ -- ShoreTel® (NASDAQ: SHOR), a leading provider of communication solutions that make interactions simple, today announced financial results for the second quarter of its fiscal year 2017, which ended December 31, 2016.

As the Company's strategic shift in revenue mix towards hosted revenue continued, second quarter of fiscal 2017 total revenue was $88.0 million, compared to $90.4 million in the second quarter of fiscal 2016 and $86.3... More