Needham & Company Maintains a 'Buy' on Globecomm Systems (GCOM); Disappointing Outlook, But Shares Still Inexpensive

Go back to Needham & Company Maintains a 'Buy' on Globecomm Systems (GCOM); Disappointing Outlook, But Shares Still Inexpensive

Unusual 11 Mid-Day Movers 09/12: (GMEDW) (MSPD) (ODP) Higher; (GBG) (CIG) (ONCY) Lower

September 12, 2012 1:56 PM EDT

Great Basin Gold Ltd. (AMEX: GBG) 53.9% LOWER; has suspended operations at the Company's Burnstone mine located in the Witwatersrand Basin of South Africa as at September 11, 2012.

Mediware Information Systems, Inc. (Nasdaq: MEDW) 38.8% HIGHER; has entered into a definitive merger agreement to be acquired by leading private equity investment firm Thoma Bravo, LLC in a transaction valued at approximately $195 million.

Mindspeed Technologies, Inc. (Nasdaq:... More

Pre-Open Movers 9/12: (MEDW) (SSRX) (FB) Higher; (GCOM) (ONCY) (XRTX) Lower (more...)

September 12, 2012 9:33 AM EDT

Mediware Information Systems Inc. (NASDAQ: MEDW) 39% HIGHER ; Thoma Bravo to Acquire Mediware for $22/Share Cash

3SBio Inc. (NASDAQ: SSRX)... More

After-Hours Movers 9/11: (SNTS) (FB) (ZNGA) Higher; (XRTX) (GCOM) (TOO) Lower (more...)

September 11, 2012 5:32 PM EDT

Xyratex Ltd. (NASDAQ: XRTX) 21% LOWER ; lowers its outlook for the third quarter.

Globecomm Systems Inc. (NASDAQ: GCOM) 20% LOWER ;... More

Globecomm (GCOM) Slammed on Weak Q4 Results, Light FY13 Guidance

September 11, 2012 4:14 PM EDT

Globecomm Systems, Inc. (Nasdaq: GCOM) is getting slammed in late trading Tuesday after missing fourth-quarter estimates and offering lower-than-expected guidance for fiscal 2013.

The company reported EPS which came in 7 cents below views and said it sees FY13 sales of $340 million to $360 million, versus... More

Globecomm Systems, Inc. (GCOM) Misses Q4 EPS by 7c; Issues Weak FY13 Outlook

September 11, 2012 4:07 PM EDT

Globecomm Systems, Inc. (NASDAQ: GCOM) reported Q4 EPS of $0.13, $0.07 worse than the analyst estimate of $0.20. Revenue for the quarter came in at $104.8 million versus the consensus estimate of $99.17 million.

Sees FY2013 GAAP EPS of $0.66-$0.76, which may not compare with the consensus of... More