Gigamon Inc. (GIMO, Financial)
Shares of Gigamon Inc. (GIMO, Financial)Â reached a new 52-week high during extended trading hours on Thursday after the company delivered better-than-expected quarterly financial results, driven by security related deployments.
For the first quarter 2015, GIMO posted revenue of $46.85 million, a 47.5% increase year over year, and non-GAAP net income of $4.56 million, or $0.13 per diluted share, compared to non-GAAP net loss of ($2.23) million, or ($0.07) per diluted share in the same quarter the prior year, exceeding the Capital IQ Consensus Estimate of $0.04 earnings per share on revenues of $42.15 million.
GIMO said that its solid performance in the first quarter demonstrates the health and strength of the Traffic Visibility market, and its industry leading products have positioned the company to capture market share and expand its reach within new and existing customers
GIMO provides an intelligent Visibility Fabric (TM) architecture for enterprises, data centers and service providers around the globe.
More about Gigamon Inc. (GIMO, Financial) at www.gigamon.com
**
Microsoft Corporation (MSFT, Financial)
After the closing bell on Thursday, Microsoft Corporation (MSFT, Financial)Â reported quarterly profit and revenue numbers that exceeded Wall Street estimates.
For its third quarter fiscal 2015, MSFT posted revenue of $21.73 billion, a 6.5% increase year over year, and diluted earnings per share of $0.61, down from diluted earnings per share of $0.68 in the same quarter the prior year but well above the Capital IQ Consensus Estimate of $0.51 earnings per share on revenues of $21.04 billion for the period
During the quarter, MSFT returned $7.5 billion to shareholders in the form of share repurchases and dividends.
MSFT is the worldwide leader in software, services, devices, and solutions that help people and businesses realize their full potential.
More about Microsoft Corporation (MSFT, Financial) at www.microsoft.com
**
Wynn Resorts Ltd. (WYNN, Financial)
The battle for a seat on Wynn Resorts Ltd. 's (WYNN, Financial) board is in the final stage and at the end shareholders will have the final word.
WYNN stockholders will vote on the WHITE proxy card at the Company's Annual Meeting, scheduled for this Friday, April 24, in Las Vegas, Nevada.
WYNN's board of directors has recommended that stockholders vote on the WHITE proxy card FOR the election of two Class I directors, Mr. John J. Hagenbuch and Mr. J. Edward Virtue, to serve until the 2018 Annual Meeting of Stockholders. The board of directors strongly believes that the company's nominees are the most qualified candidates to serve on the board.
Meanwhile, Elaine Wynn, co-founder, board member and third-largest stockholder of WYNN, recently released a letter to all stockholders emphasizing her qualifications and the reasons why she believes she is the BEST candidate for re-election to the company's board of directors.
Elaine Wynn said that the questions WYNN stockholders should be asking are:
- Which of the nominees has the knowledge, experience and contacts necessary to guide this company into the future?
- Given this proxy campaign and the nominees' respective ownership interests, which of the nominees will be most likely to speak up and fight for stockholder interests?
- Which of the nominees is best positioned to advocate for and identify qualified independent and diverse board leaders for the future?
In the middle of this situation, WYNN announced that it will release its financial results for the first quarter ended March 31, 2015 after the market close on Tuesday, April 28, 2015.
WYNN, together with its subsidiaries, develops, owns, and operates destination casino resorts. It operates in two segments, Macau Operations and Las Vegas Operations
More about Wynn Resorts, Limited (WYNN, Financial) at www.wynnresorts.com
**
Crown Equity Holdings Inc. (CRWE, Financial)
CRWE provides marketing solutions that boost customer awareness and merchant visibility on the Internet. The company is currently developing its CRWE Network (www.CRWE-PR.com), a growing network of community targeted sites.
It has recently included Ceres, California (www.ceres.crwe-pr.com) into the CRWE Network.
Ceres is located in the central San Joaquin Valley, 80 miles south of Sacramento and 95 miles east of San Francisco, in the heart of Stanislaus County, California. It is a prominent agricultural area and wine grapes are a major product.
The City of Ceres had an estimated population in 2013 (U.S. Census Bureau) of 46,714, and represents an important marketplace for the CRWE Network, which .
The CRWE Network has reached the 1,487th community website in the U.S. and includes coverage in the states of California, Mississippi, Michigan, Florida, Nevada and New York, as well as across 10 provinces in Canada.
The company’s CRWE Press Release ( www.crwepressrelease.com ) offers increased visibility with cost effective solutions through the distribution of information to the entire CRWE Network for both public and private companies.
More about Crown Equity Holdings Inc. (CRWE, Financial) at www.crownequityholdings.com
**
Disclaimer: CRWE-PR Finance is not a registered investment adviser. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. Investors should always conduct their own due diligence with any potential investment, with independent research and other professional advice. Read Full Disclaimer at CRWE-PR Finance www.finance.crwe-pr.com/disclaimer
