NetGear, Inc. (NTGR)
Shares of NTGR climbed more than 10% to near 52-week high in the extended session Thursday after the company surpassed Wall Street analysts' expectations in its quarterly financial results, driven by strength in North America and a robust back-to-school season.
For the third quarter 2015, NTGRposted net revenue of $341.9 million and non-GAAP net income of $0.67 per diluted share, exceeding the Capital IQ Consensus Estimate of $0.51 earnings per share on revenues of $322.14 million for the period
NTGRexpects fourth quarter net revenue to be in the range of $335 million to $350 million.
NTGR is a global networking company that delivers innovative products to consumers, businesses and service providers.
Gigamon Inc. (GIMO)
GIMO shares soared over 14% in after-hours trading Thursday as the company delivered stronger-than-expected quarterly numbers in its earnings report
For the third quarter 2015, GIMO posted revenue of $56.7 million, a 44% increase year over year, and non-GAAP net income of $8.0 million, or $0.22 per diluted share, compared to non-GAAP net income of $1.2 million, or $0.04 per diluted share in the same quarter the prior year, topping the Capital IQ Consensus Estimate of $0.17 earnings per share on revenues of $54.85 million for the period
GIMOsaid that its leadership position in the visibility market and its rapidly expanding presence in the security market establishes a healthy momentum entering what is typically the company's strongest quarter of the fiscal year
GIMOprovides active visibility into physical and virtual network traffic, enabling stronger security and superior performance.
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