Gigamon Inc. designs, develops, and sells products and services that provide customers with visibility and control of network traffic for enterprises and services providers in the United States, rest of Americas, Europe, the Middle East, Africa, and the Asia Pacific. It offers traffic visibility fabric solutions consisting of network traffic intelligence, such as controls for traffic selection, forwarding, manipulation, modification, de-duplication, SSL decryption, correlation, sampling, and generation of flow records. The company also provides Flow Mapping technology that identifies and directs incoming traffic to single or various tools based on user-defined rules that could be managed from a centralized management console; and GigaSMART platform, which offers a range of software applications to modify, manipulate, transform, filter, correlate, and sample network traffic. Its products include GigaVUE product family that provides end-user customers to design visibility fabric architectures optimized for a range of scale and performance requirements from monitoring in virtualized server environments, as well as to 1 gigabit appliances to multi-terabit chassis-based solutions. The company also offers ongoing technical support services with hardware and software products, including ongoing maintenance services for hardware and software, which enable the customers to receive ongoing software updates, bug fixes, and repairs; and replacement services for defective hardware. It sells its products directly through direct sales force and a network of channel partners. The company was founded in 2004 and is headquartered in Santa Clara, California.
Gigamon (GIMO) Stock Surges on Q3 Beat, Guidance Gigamon (GIMO) reported third-quarter profit and revenue that blew past estimates and raised current-quarter guidance, sending shares of the computer network security provider up. Gigamon stock jumped over 16%, near 55, in morning trading on the stock market today. Santa Clara, Calif.-based Gigamon late Thursday said Q3 EPS minus items rose 64% to 36 cents, while revenue jumped 47% to $83.5 million. Analysts had projected 31 cents and $79.6 million. In the current quarter, Gigamon forecast EPS of 37 cents and revenue of $92 million at the midpoint of its guidance vs. consensus estimates of 33 cent profit and 29% revenue growth to $86 million.
Still running strong as the markets have tumbled Gigamon Earnings, Revenue Beat Views On Security, Government Gigamon (GIMO) reported third-quarter profit and revenue that blew past estimates and raised current-quarter guidance, sending shares of the computer network security provider up. Gigamon stock jumped nearly 17% to 55.22 on the stock market today, hitting a fresh all-time high of 56.79 intraday. Gigamon had closed down 5.2% on Thursday after its Q3 results, sending shares below their 50-day line. Santa Clara, Calif.-based Gigamon late Thursday said Q3 EPS minus items rose 64% to 36 cents, while revenue jumped 47% to $83.5 million. Analysts had projected 31 cents and $79.6 million. In the current quarter, Gigamon forecast EPS of 37 cents and revenue of $92 million at the midpoint of its guidance vs. consensus estimates of 33 cent profit and 29% revenue growth to $86 million. Gigamon has expanded into security from communications-network appliances that analyze data traffic. Security products now account for about 60% of its total sales. http://www.investors.com/news/technology/gigamon-earnings-revenue-beat-views-on-security-government/
Recent Decline In Gigamon Shares Leads D.A. Davidson To Upgrade http://www.benzinga.com/analyst-rat...ine-in-gigamon-shares-leads-d-a-davidson-to-u
