Key Developments: ShoreTel Inc (SHOR.O)


SHOR.O on Nasdaq

3.73USD
18 Jun 2013
Price Change (% chg)

$0.15 (+4.19%)
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$3.58
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Latest Key Developments (Source: Significant Developments)

Shoretel Inc Announces Retirement Of President and Chief Executive Officer
Friday, 10 May 2013 09:00am EDT 

Shoretel Inc announced that Peter Blackmore, president and Chief Executive Officer (CEO), has informed the Company of his intention to retire as soon as a successor is announced. A search for a new CEO is underway.  Full Article

Shoretel Inc Issues Q4 2013 Revenue Guidance In Line With Analysts' Estimates-Conference Call
Tuesday, 30 Apr 2013 09:30pm EDT 

Shoretel Inc announced that for the fourth quarter of 2013, it expects revenue to be in the range of $80 million to $86 million. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenue of $83 million for the fourth quarter of 2013.  Full Article

Shoretel Inc Issues Q3 2013 Revenue Guidance In Line With Analysts' Estimates
Wednesday, 30 Jan 2013 04:02pm EST 

Shoretel Inc announced that for the third quarter of 2013, it expects revenue to be in the range of $73 million to $79 million. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenue of $78 million for the third quarter of 2013.  Full Article

Shoretel Inc Issues Q2 2013 Revenue Guidance In Line With Analysts' Estimates
Tuesday, 30 Oct 2012 04:02pm EDT 

Shoretel Inc announced that for the second quarter of 2013, it expects revenue to be in the range of $75.0-$80.0 million. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $77 million for second quarter of 2013.  Full Article

Shoretel Inc Issues Q1 2013 Revenue Guidance In Line With Analysts' Estimates
Tuesday, 14 Aug 2012 04:02pm EDT 

Shoretel Inc announced that for the first quarter of 2013, it expects revenue to be in the range of $69.0 million to $75.0 million. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $74 million for first quarter of 2013.  Full Article

Shoretel Inc Issues Q4 2012 Revenue Guidance Above Analysts' Estimates
Monday, 30 Apr 2012 04:03pm EDT 

Shoretel Inc announced that for fourth quarter of 2012, it expects revenue to be in the range of $72-$77 million. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $64 million for fourth quarter of 2012.  Full Article

CORRECTION OFFICIAL - Shoretel Inc Completes Acquisition Of M5 Networks
Monday, 26 Mar 2012 01:33pm EDT 

CORRECTED TO READ IN THE BODY AS "March 23, 2012"..INSTEAD OF.. "March 22, 2012". Shoretel Inc announced that it has completed its acquisition of M5 Networks as of March 23, 2012. Terms of the transaction were not disclosed.  Full Article

Shoretel Inc Issues Q3 2012 Revenue Guidance Below Analysts' Estimates
Wednesday, 1 Feb 2012 04:05pm EST 

Shoretel Inc announced that for third quarter of 2012, it expects revenue to be in the range of $53-$57 million. According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of $58 million for third quarter of 2012.  Full Article

Shoretel Inc Issues Q2 2012 Revenue Guidance Below Analysts' Estimates
Thursday, 27 Oct 2011 04:03pm EDT 

Shoretel Inc for the second quarter of 2012, it expects revenue to be in the range of $54 to $57 million. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenue of $58 million for second quarter of 2012.  Full Article

Network-1 Security Solutions, Inc. Commences Patent Litigation Against 16 Data Networking Companies Including Shoretel Inc
Monday, 19 Sep 2011 09:01am EDT 

Network-1 Security Solutions, Inc. announced that it has initiated patent litigation against 16 data networking equipment manufacturers in the United States District Court for the Eastern District of Texas , Tyler Division, for infringement of United States Patent Number: 6,218,930 (Remote Power Patent). Named as defendants in the lawsuit, excluding related parties, are Alcatel-Lucent USA, Inc., Allied Telesis, Inc., Avaya Inc., AXIS Communications Inc., Dell, Inc., GarrettCom, Inc., Hewlett-Packard Company, Huawei Technologies USA, Juniper Networks, Inc., Motorola Solutions, Inc., NEC Corporation, Polycom, Inc., Samsung Electronics Co., Ltd, ShoreTel, Inc., Sony Electronics, Inc., and Transition Networks, Inc.  Full Article

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