Gigamon Uses Big Deals To Blow Past Q4 Estimates

By | January 30, 2015

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Gigamon (GIMO) used a combination of attracting a large number of new customers and a record number of large deals over $1 million to report fourth-quarter earnings after the close Thursday that blew away analyst estimates. The company’s outlook for the current quarter also exceeded views. Investors took note. Gigamon jumped more than 14% in the stock market today. The stock is up a fraction this year after ending 2014 down 36.8%. Gigamon is a Scalper1 News

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