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Gigamon Inc (GIMO.N)

GIMO.N on New York Stock Exchange

38.55USD
22 Nov 2017
Change (% chg)

$0.10 (+0.26%)
Prev Close
$38.45
Open
$38.40
Day's High
$38.60
Day's Low
$38.40
Volume
263,798
Avg. Vol
197,718
52-wk High
$61.25
52-wk Low
$28.95

Latest Key Developments (Source: Significant Developments)

Omega Advisors Inc dissolves share stake in Dollar Tree, cuts share stake in Gigamon
Tuesday, 14 Nov 2017 10:48am EST 

Nov 14 (Reuters) - Omega Advisors Inc :Omega Advisors Inc dissolves share stake in Dollar Tree Inc - SEC filing.Omega Advisors Inc cuts share stake in Gigamon Inc by 34 percent to 366,897 shares.Omega Advisors Inc dissolves share stake in Bluebird Bio.Omega Advisors Inc dissolves share stake in Arris International.Omega Advisors Inc - Change in holdings are as of Sept 30, 2017 and compared with the previous quarter ended as of June 30, 2017.Source text for quarter ended Sept 30, 2017 (http://bit.ly/2yZQl6V).Source text for quarter ended June 30, 2017: (http://bit.ly/2vxgIhn)delivered.  Full Article

Gigamon will be required to pay Ginsberg a termination fee of $47.2 mln‍​‍​
Thursday, 26 Oct 2017 05:59pm EDT 

Oct 26 (Reuters) - Gigamon Inc :Gigamon - upon termination of deal with Elliott under specific cicumstances, co will be required to pay Ginsberg Holdco termination fee of $47.2 million ‍​‍​.Gigamon - upon termination of deal under other specified circumstances, Ginsberg Holdco will be required to pay co a termination fee of $94.4 million‍​.  Full Article

Gigamon posts Q3 adj. earnings per share $0.23
Thursday, 26 Oct 2017 04:18pm EDT 

Oct 26 (Reuters) - Gigamon Inc :Gigamon reports third quarter 2017 financial results.Q3 non-GAAP earnings per share $0.23.Q3 GAAP earnings per share $0.06.Q3 revenue $79.2 million versus I/B/E/S view $84.7 million.Q3 earnings per share view $0.23 -- Thomson Reuters I/B/E/S.  Full Article

Gigamon to be acquired by Elliott Management
Thursday, 26 Oct 2017 04:15pm EDT 

Oct 26 (Reuters) - Gigamon Inc :Gigamon enters into definitive agreement to be acquired by Elliott Management.Gigamon Inc - deal for ‍total value of approximately $1.6 billion​.Gigamon Inc - Gigamon shareholders to receive $38.50 per share​.Gigamon Inc - ‍upon completion of transaction, Gigamon will become a privately held company​.Gigamon Inc - ‍agreement was unanimously approved by Gigamon board of directors​.Gigamon - ‍elliott Management, affiliates hold 7.0 pct equity voting stake in co and have agreed to vote their shares in favor of deal.Gigamon Inc - ‍Elliott's investment is being led by its private equity affiliate, Evergreen Coast Capital​.Gigamon Inc - ‍in light of pending transaction, company has canceled its previously scheduled conference call​.  Full Article

Gigamon reports Q2 GAAP loss per share $0.20
Thursday, 27 Jul 2017 04:15pm EDT 

July 27 (Reuters) - Gigamon Inc :Gigamon reports second quarter 2017 financial results.Q2 non-GAAP earnings per share $0.10.Q2 GAAP loss per share $0.20.Q2 revenue $69.1 million versus I/B/E/S view $71.4 million.Q2 earnings per share view $0.06 -- Thomson Reuters I/B/E/S.  Full Article

Elliott Management reports 15.3 pct stake in Gigamon
Monday, 8 May 2017 09:26am EDT 

May 8 (Reuters) - Elliott Associates L.P.::Says Elliott, Elliott International and EICA have combined economic exposure in Gigamon Inc of about 15.3 percent of shares outstanding.Reports a 2.3 percent stake in Gigamon Inc as of April 28 - SEC filing.Believe securities of Gigamon Inc are "significantly undervalued and represent an attractive investment opportunity".Seek to engage in a dialogue with Gigamon's board of directors regarding opportunities to maximize shareholder value.May develop plans and/or make proposals with respect to, or with respect to potential changes in operations, management, among other things.  Full Article

Elliott Associates reports 4.9 pct stake in Gigamon as of April 28
Monday, 8 May 2017 08:51am EDT 

May 8 (Reuters) - Gigamon Inc :Elliott associates reports a 4.9 percent stake in gigamon inc as of april 28 - sec filing.Elliott associates l.p. - believe securities of gigamon inc are "significantly undervalued and represent an attractive investment opportunity".Elliott associates l.p. - seek to engage in a dialogue with gigamon's board of directors regarding opportunities to maximize shareholder value.Elliott associates- may develop plans and/or make proposals with respect to, or with respect to potential changes in operations, management, among other things.  Full Article

Gigamon reports Q1 GAAP loss per share $0.06
Thursday, 27 Apr 2017 04:15pm EDT 

April 27 (Reuters) - Gigamon Inc :Gigamon reports first quarter 2017 financial results.Q1 non-GAAP earnings per share $0.12.Q1 GAAP loss per share $0.06.Q1 revenue rose 4 percent to $69.6 million.Q1 earnings per share view $0.07, revenue view $68.8 million -- Thomson Reuters I/B/E/S.  Full Article

Gigamon reports Q4 earnings per share $0.17
Thursday, 2 Feb 2017 04:15pm EST 

Gigamon Inc - : Gigamon reports fourth quarter and fiscal year 2016 financial results . Q4 non-gaap earnings per share $0.37 . Q4 gaap earnings per share $0.17 . Q4 revenue $85 million versus I/B/E/S view $87.6 million .Q4 earnings per share view $0.36 -- Thomson Reuters I/B/E/S.  Full Article

Gigamon reports Q3 GAAP earnings per share $0.16
Thursday, 27 Oct 2016 04:32pm EDT 

Gigamon Inc : Gigamon reports third quarter 2016 financial results . Q3 non-GAAP earnings per share $0.36 . Q3 GAAP earnings per share $0.16 . Q3 earnings per share view $0.31 -- Thomson Reuters I/B/E/S .Q3 revenue $83.5 million versus I/B/E/S view $79.6 million.  Full Article