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Broadband

ShoreTel revenues inch up in June quarter, FY loss widens

Thursday 3 August 2017 | 10:51 CET | News
ShoreTel revenues reported revenues of USD 95.7 million for its fiscal fourth quarter to end June, compared to USD 94.6 million a year earlier and USD 87.7 million in the March quarter. However, the company's GAAP net loss widened to USD 1.0 million, or USD 0.01 per share, in the quarter, compared to a net loss of USD 0.7 million in the year-earlier period. ShoreTel's net loss for the year also widened to USD 12.4 million, or USD 0.18 per share, compared to a USD 4.8 million net loss a year earlier. Full-year revenues were USD 357.8 million, down 1 percent compared to fiscal 2016.

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Categories: Fixed
Companies: Mitel / ShoreTel
Countries: World
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