Key Developments: ShoreTel Inc (SHOR.O)
3.73USD
18 Jun 2013
$0.15 (+4.19%)
$3.58
$3.58
$3.74
$3.56
330,714
267,285
$5.18
$3.25
Latest Key Developments (Source: Significant Developments)
Shoretel Inc Announces Retirement Of President and Chief Executive Officer
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
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
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
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
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
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
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
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
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
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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