Key Developments For ShoreTel, Inc.
ShoreTel, Inc. (SHOR.O) (Consolidated Issue listed on NASDAQ Global Market)
ShoreTel, Inc. Issues Q2 2010 Revenue Outlook In Line With Analysts' Estimates
ShoreTel, Inc. announced that for the second quarter of 2010, it expects revenue to be in the range of $31 to $35 million. According to Reuters Estimates, analysts on an average are expecting the Company to report revenue of $35 million for the same period.
ShoreTel, Inc. Issues Q1 2010 Revenue Guidance In Line With Analysts Estimates
ShoreTel, Inc. announced that for first quarter of 2010, it expects revenue to be in the range of $30-$35 million. According to Reuters Estimates, analysts were expecting the Company to report revenues of $33 million for the same period.
ShoreTel, Inc. Announces Agreement With IBM Corporation
ShoreTel, Inc. announced an agreement with IBM Corporation to deliver a unified communications (UC) and collaboration offering that combines a small business appliance, presence awareness, instant messaging and VoIP telephony in an integrated solution for small and midsize businesses (SMB).
ShoreTel, Inc. Issues Q4 2009 Revenue Guidance In Line With Analysts Estimates
ShoreTel, Inc. announced that for the fourth quarter 2009, it expects revenue to be in the range of $29-$34 million. According to Reuters Estimates, analysts were expecting the Company to report revenues of $34 million for the same period.
ShoreTel, Inc. and Mitel Announces Cross-License and Settlement
ShoreTel, Inc. and Mitel, the provider of unified communications, announced a settlement ending the legal disputes between the two companies. Under the terms of the settlement, ShoreTel and Mitel agreed to dismiss the lawsuits against each other, and entered into a cross-license of the patents at issue in the litigation. Other terms of the settlement are confidential.
