Last $11.02 USD
Change Today +0.22 / 2.04%
Volume 377.1K
GIMO On Other Exchanges
Symbol
Exchange
New York
Stuttgart
As of 8:04 PM 07/29/14 All times are local (Market data is delayed by at least 15 minutes).

gigamon inc (GIMO) Snapshot

Open
$10.79
Previous Close
$10.80
Day High
$11.12
Day Low
$10.79
52 Week High
09/19/13 - $41.81
52 Week Low
07/28/14 - $10.75
Market Cap
351.6M
Average Volume 10 Days
631.9K
EPS TTM
$-1.23
Shares Outstanding
31.9M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for GIGAMON INC (GIMO)

Related News

No related news articles were found.

gigamon inc (GIMO) Related Businessweek News

No Related Businessweek News Found

gigamon inc (GIMO) Details

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 the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers traffic visibility fabric solutions consisting of distributed network appliances, such as proprietary traffic selection, forwarding, manipulation, modification, de-duplication, correlation, and sampling capabilities. Its solutions enable IT organizations to forward traffic from network infrastructure to management, analysis, compliance, and security tools in a manner that is optimized for specific uses, functions, or locations. The company also provides Flow Mapping technology that identifies and directs incoming traffic to single or various tools based on user-defined rules implemented in the fabric appliances or by a centralized management console; and GigaSMART platform, which offers a range of software applications to modify, manipulate, transform, filter, correlate, and sample packets. Its products include GigaVUE product family that provides end-user customers with various performance and port density configurations in order to establish a traffic visibility fabric optimized for a range of size and performance requirements for single rack unit appliances to modular multi-slot chassis. The company’s product family comprises GigaVUE G Series and H Series product lines for purpose-built hardware running its proprietary software; the GigaVUE-VM Virtual Machine, a software-only product that allows end-user customers to deploy fabric within virtual and cloud-based environments; and the GigaVUE-FM Fabric Manager, which allows end-user customers to update the proprietary software. It sells its products directly through a network of channel partners and its direct sales force. The company was founded in 2004 and is headquartered in Santa Clara, California.

352 Employees
Last Reported Date: 03/13/14
Founded in 2004

gigamon inc (GIMO) Top Compensated Officers

Chief Executive Officer and Director
Total Annual Compensation: $320.0K
Chief Strategy Officer
Total Annual Compensation: $188.5K
Advisor
Total Annual Compensation: $292.8K
Vice President of Worldwide Sales
Total Annual Compensation: $271.1K
Compensation as of Fiscal Year 2013.

gigamon inc (GIMO) Key Developments

Gigamon Inc. Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 28, 2014

Gigamon Inc. announced unaudited consolidated earnings results for the second quarter and six months ended June 28, 2014. For the quarter, the company announced total revenue of $34,851,000 compared to $32,409,000 for the same period a year ago. Loss from operations was $7,838,000 compared to $32,345,000 for the same period a year ago. Loss before income taxes was $7,759,000 compared to $32,362,000 for the same period a year ago. Net loss was $32,486,000 compared to $9,793,000 for the same period a year ago. Net loss to common stock holders was $32,486,000 compared to $9,758,000 for the same period a year ago. Net loss per share attributable to common stock holders, basic and diluted was $1.01 compared to $0.51 for the same period a year ago. Net cash used in operating activities was $5,549,000 compared to net cash provided from operating activities of $4,812,000 for the same period a year ago. Purchases of property and equipment were $2,463,000 compared to $1,251,000 for the same period a year ago. Non-GAAP operating loss was $1,819,000 compared to non-GAAP operating income of $4,723,000 for the same period a year ago. Non-GAAP net loss was $1,134,000 or $0.04 per basic and diluted share compared to non-GAAP net income of $3,791,000 or $0.14 per basic and diluted share for the same period a year ago. For the six months, the company announced total revenue of $66,611,000 compared to $58,222,000 for the same period a year ago. Loss from operations was $19,776,000 compared to $33,510,000 for the same period a year ago. Loss before income taxes was $19,677,000 compared to $33,532,000 for the same period a year ago. Net loss was $40,704,000 compared to $10,992,000 for the same period a year ago. Net loss to common stock holders was $40,704,000 compared to $10,973,000 for the same period a year ago. Net loss per share attributable to common stock holders, basic and diluted was $1.28 compared to $0.60 for the same period a year ago. Net cash used in operating activities was $3,749,000 compared to net cash provided from operating activities of $15,065,000 for the same period a year ago. Purchases of property and equipment were $4,732,000 compared to $2,200,000 for the same period a year ago. Non-GAAP operating loss was $5,122,000 compared to non-GAAP operating income of $5,151,000 for the same period a year ago. Non-GAAP net loss was $3,366,000 or $0.11 per basic and diluted share compared to non-GAAP net income of $4,185,000 or $0.16 per basic and diluted share for the same period a year ago.

Gigamon Inc. Appoints Mike Burns as Chief Financial Officer

Gigamon Inc. announced the appointment of Mike Burns as chief financial officer, effective immediately. Burns brings over two decades of experience in finance, strategic planning, M&A and growth investing in public technology companies. Before joining Gigamon, Burns served as chief financial officer of Volterra Semiconductor.

Gigamon Announces New Solutions for Security Services Delivery

Gigamon announced a forthcoming expanded set of solutions to address the growing security needs of organizations. These new solutions include modules to address inline traffic security with high availability modes, as well as intelligent load distribution across multiple inline and out-of-band security tools. These latest offerings, together with Gigamon's patented Flow Mapping technology and the advanced traffic intelligence capabilities of the Visibility Fabric, will enable simultaneous deployment of multiple, best-of-breed, inline and out-of-band security monitoring and management solutions for more pervasive and proactive threat monitoring and mitigation. The new GigaVUE-HC2 modules extend the power of the Visibility Fabric with Active Visibility, utilizing intelligence and robust bypass capabilities to better protect both critical IT traffic and the inline tools designed to prevent malicious activity. Advanced threats require more sophisticated tools, but these specialized security tools are often processor-bound and may not be able to handle increasing traffic volumes as effectively. Gigamon's Visibility Fabric establishes a more efficient system by sending only the appropriate data to each tool. In addition, the Visibility Fabric continuously monitors the health of the attached inline tools and in the event of a tool failure will bypass the outage to ensure the network remains available and protected. Gigamon's Visibility Fabric unifies visibility for both packets and flows and allows security teams to rapidly shift traffic from one device to another, eliminating the need to wait days, weeks or months for a maintenance window. The new forthcoming front-facing GigaSMART(R) modules increase the compute power of the GigaVUE-HC2 so that one chassis can be populated with up to five processing engines, providing scalable traffic intelligence for the offloading of traffic to certain tools and increased NetFlow generation for those security offerings that utilize that data.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
GIMO:US $11.02 USD +0.22

GIMO Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Arista Networks Inc $63.85 USD +0.44
Brocade Communications Systems Inc $9.45 USD 0.00
Cisco Systems Inc $25.71 USD -0.21
Juniper Networks Inc $23.71 USD -0.01
View Industry Companies
 

Industry Analysis

GIMO

Industry Average

Valuation GIMO Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 2.3x
Price/Book 3.4x
Price/Cash Flow NM Not Meaningful
TEV/Sales 1.4x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact GIGAMON INC, please visit www.gigamon.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.