Gigamon Slips To Loss In Q4 - Quick Facts

(RTTNews) - Gigamon Inc. (GIMO) Tuesday reported fourth-quarter net loss to common stock holders of $88 million or $0.00 per share, compared to net income of $2.1 million or $0.12 per share in the same period last year.

Adjusted earnings for the quarter was $6.0 million or $0.18 per share. On average, eight analysts polled by Thomson Reuters expected the company to earn $0.12 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues increased 35% to $43.09 million from $31.85 million last year. Analysts expected revenues of $41.98 million.