Thursday, January 19, 2017

Gigamon Inc. (GIMO) Sank To A 7-Month Low After Q4 Forecast Lowered

Gigamon Inc. (GIMO) announced after the close Tuesday that it now expects to report fourth quarter revenues of $84.5 million to $85.0 million, down from prior expectations of $91 million to $93 million. Non-GAAP EPS is expected to be between $0.35 and $0.37, compared to prior guidance of $0.36 to $0.38.

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