Gigamon, Inc. (GIMO) Tops Q4 EPS by 1c, Sales Miss
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Gigamon Reports Fourth Quarter and Fiscal Year 2016 Financial Results
February 2, 2017 4:15 PM ESTSANTA CLARA, Calif., Feb. 2, 2017 /PRNewswire/ -- Gigamon Inc. (NYSE: GIMO), the leader in traffic visibility solutions, today released financial results for the fourth quarter and fiscal year ended December 31, 2016.
Fourth Quarter 2016 Financial Highlights:
Revenue of $85.0 million, up 27% year-over-year. GAAP gross margin was 84%, compared to 82% in the fourth quarter of fiscal 2015. Non-GAAP gross margin was 84%, compared to 83% in the fourth quarter of fiscal 2015. GAAP net income was $6.4 million, or $0.17 per diluted... More