ShoreTel FY Q4 Revs, EPS Top Estimates
ShoreTel (SHOR) posted better than expected results for its fiscal fourth quarter ended June 30.
For the quarter, the company reported revenue of $32.4 million, down from $34.7 million a year ago, but up four percent sequentially, and ahead of the Street at $32.1 million. Non-GAAP profits of three cents a share beat the Street consensus of a penny a share.
For the September quarter, the company sees revenue of $30 million to $35 million; the Street has been expecting $33.2 million.
