Gigamon Reports Third Quarter 2015 Financial Results

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Go back to Gigamon Reports Third Quarter 2015 Financial Results

Needham & Company Reiterates Buy on Gigamon, Inc. (GIMO) Following a 3Q Beat and Raise

October 23, 2015 9:23 AM EDT

Needham & Company Reiterated a Buy rating and $39.00 price target on Gigamon (NYSE: GIMO) following the company's 3Q15 earnings results. Gigamon beat EPS estimates by 30%, and Revenues increased 44%.

Analyst Alex Henderson commented, "Gigamon beat EPS estimates by 30%. Product Sales increased 48% and Revenues increased... More