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Shoretel, Inc.

Shoretel, Inc. (SHOR)

7.50
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Updated: 19:00:00

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wiltonio wiltonio 7 years ago
GARDNER LEWIS ASSET MANAGEMENT L P has filed a new activist 13D, reporting 5.8% ownership in $SHOR - https://fintel.io/soh/us/shor/gardner-lewis-asset-management-l-p and https://fintel.io/i/gardner-lewis-asset-management-l-p
๐Ÿ‘๏ธ0
Jess070283 Jess070283 8 years ago
Reversal in works!
๐Ÿ‘๏ธ0
DrShocker DrShocker 9 years ago
This stock is doing well. I guess IHUB is Pennies
๐Ÿ‘๏ธ0
MrG MrG 11 years ago
Yes sir. Hard to find.
๐Ÿ‘๏ธ0
MrG MrG 11 years ago
Fhor SHOR.
๐Ÿ‘๏ธ0
TheFinalCD TheFinalCD 11 years ago
nice day off Earnings Report SHOR
๐Ÿ‘๏ธ0
Penny Roger$ Penny Roger$ 11 years ago
Wow she SHOR did take a happy pill for breakfast today!
๐Ÿ‘๏ธ0
MrG MrG 11 years ago
Liken' that rise.
๐Ÿ‘๏ธ0
bacc bacc 11 years ago
what a ride today is
๐Ÿ‘๏ธ0
bacc bacc 11 years ago


ShoreTel Reports Financial Results For First Quarter Fiscal Year 2014

Date : 10/30/2013 @ 4:05PM
Source : PR Newswire (US)
Stock : Shoretel, Inc. (MM) (SHOR)
Quote : 6.115 -0.255 (-4.00%) @ 8:10PM





ShoreTel Reports Financial Results For First Quarter Fiscal Year 2014







Print


Alert



Shoretel, Inc. (MM) (NASDAQ:SHOR)
Intraday Stock Chart

Today : Wednesday 30 October 2013
Click Here for more Shoretel, Inc. (MM) Charts.


SUNNYVALE, Calif., Oct. 30, 2013 /PRNewswire/ -- ShoreTel® (NASDAQ: SHOR), the leading provider of brilliantly simple unified communications solutions, today announced financial results for the first quarter of its fiscal year 2014, which ended September 30, 2013.

For the first quarter of fiscal 2014, total revenue was $84.3 million, an increase of 12 percent compared to the first quarter of fiscal 2013. Non-GAAP net income, which excludes stock-based compensation charges, amortization of acquisition-related intangibles, other charges and related tax adjustments, for the first quarter of fiscal year 2014, was $4.0 million, or $0.07 per share. This compares with a non-GAAP net loss of $2.1 million, or $0.04 per share, in the first quarter of fiscal 2013. GAAP net loss was $1.0 million, or $0.02 per share, in the first quarter of fiscal 2014, compared with a GAAP net loss of $8.0 million, or $0.14 per share, in the first quarter of fiscal 2013.

"Our first quarter results continued to reflect our focused execution and the strength of our business model," said Don Joos, president and CEO of ShoreTel. "In addition to the strong revenue growth and record non-GAAP profitability, I am also excited about the go-to-market and product roadmap initiatives on the horizon that we expect to be catalysts for growth going forward. Our progress in the first quarter and our ability to execute our operational plan has set the foundation for the rest of our fiscal 2014."

First Quarter of Fiscal 2014 Financial Highlights

Recurring revenue, which consists of cloud monthly recurring revenue and premise support revenues, reached an annualized value of $121 million; an increase of 22 percent compared to the first quarter of fiscal 2013, and represented 36 percent of total revenues in the first quarter of fiscal 2014.

Non-GAAP gross margin, which excludes stock-based compensation charges, amortization of acquisition-related intangibles and other charges, for the first quarter of fiscal year 2014 was 62.3 percent, compared with 62.9 percent in the year-ago quarter. GAAP gross margin for the first quarter of fiscal year 2014 was 60.7 percent, compared with 61.2 percent in the first quarter of fiscal year 2013.

In the first quarter of fiscal 2014 the company generated $14.2 million in cash flow from operations, reduced its debt obligations by $11.0 million and had $56.0 million in cash, cash equivalents and short-term investments as of September 30, 2013.

Line of Business Results

ShoreTel Sky

ShoreTel Sky hosted revenues of $20.7 million were up 8 percent sequentially and 32 percent year-over year. Non-GAAP gross margins on hosted revenue were 43.4 percent in the first quarter of fiscal 2014, compared with 46.7 percent in the first quarter of fiscal 2013. The total number of installed customer seats increased 44 percent over the first quarter of fiscal 2013 to approximately 126,000. Annualized revenue churn remains low at approximately 4 percent.

Premise Business

Premise revenues of $63.5 million represents a 7 percent increase year-over-year and a 4 percent decrease sequentially. Product revenues grew 4 percent year-over-year and Support and Services revenues grew 18 percent year-over-year. Non-GAAP gross margins in the premise business were 68.5 percent in the first quarter of fiscal 2014, compared with 67.2 percent in the first quarter of fiscal 2013.

Select Operational Metrics




Quarter Ended


Quarter Ended


Quarter Ended


Quarter Ended


Quarter Ended


Quarter Ended



09/30/13


06/30/13


03/31/13


12/31/12


09/30/12


06/30/12















Annual recurring revenue run rate (in millions)

$ 121.1


$ 114.7


$ 108.3


$ 104.9


$ 99.0


$ 93.6















Cloud Monthly Average Revenue Per User (ARPU)

$ 47


$ 49


$ 50


$ 53


$ 55


$ 57















Cloud Average # of Seats per Customer

43


44


43


41


39


37















Cloud Monthly Revenue Churn Rate

0.3%


0.3%


0.3%


0.3%


0.3%


0.3%















Total Company Headcount

932


965


957


965


942


933















Non-GAAP Gross Margin-Premise

68.5%


67.8%


68.3%


67.3%


67.2%


67.1%















Non-GAAP Gross Margin-Hosted

43.4%


39.1%


41.7%


43.3%


46.7%


42.2%




Business Highlights

ShoreTel Dock

In September ShoreTel began shipping its ShoreTel Dock, the industry's first and only business-grade docking station that transforms iPhones® and iPads® into desk phones when paired with ShoreTel Mobility, fusing the convenience of mobile devices with the power of a business communications system for both ShoreTel premise and ShoreTel Sky customers.

At the Midsize Enterprise Summit (MES) West 2013 XCellenceAwards, which were sponsored by XChange Events, the ShoreTel Dock was recognized in the category of Most Innovative Technology Vendor and also for Best Boardroom Case Study Presentation which focused on the Dock and ShoreTel Mobility.

ShoreTel Receives "Strong Positive" Rating in Gartner's Unified Communications for SMB Report

For the fourth year in a row ShoreTel has received a "Strong Positive," the highest possible rating, in Gartner's report titled "MarketScope for Unified Communications for the SMB Market, North America." The MarketScope report focuses on the premises-based Unified Communications market for small-and-midsized-businesses (those having between 20 and 499 employees) and provides specific guidance for users who are deploying or have deployed products or services.

ShoreTel Sky Honored for Delivering Exceptional IP Communications Solutions

TMC, a global, integrated media company, honored ShoreTel and its ShoreTel Sky® cloud-based communications solution with the 2013 Internet Telephony Excellence Award presented by INTERNET TELEPHONY® magazine.

ShoreTel's cloud solution, ShoreTel Sky, is relied upon by more than 2,900 companies. Whether clients need just the basics for a single location, or a sophisticated contact center solution with application integration, the ShoreTel Sky solution meets their needs. The pairing of innovative technology with expert professionals focused on delivering an outstanding customer experience is why ShoreTel Sky is one of the top-rated UCaaS solutions on the market today.

ShoreTel Announces Progress with Sales Partners in New Zealand and Australia; Expanded operations in Canada

In August 2013, ShoreTel announced the expansion of its partnership with Express Data into New Zealand as part of the company's growth plans in the region. Following on a successful partnership in Australia, Value Added Distributor Express Data will now extend its reach into New Zealand, offering ShoreTel's unified communications, mobility and contact center applications to its resellers that have strong capabilities in the voice and data networking spaces.

Also in August 2013, ShoreTel announced that its recently appointed channel reseller, Go Systems, won two Unified Communications roll-outs in Australia with Cunninghams Real Estate, one of Sydney's largest independent property managers, and LockleyLand Titles, a leading Sydney surveying company.

In September 2013, ShoreTel announced its support of the growing customer base in Canada as it opened a new head office, executive briefing center and training center in Toronto.

Business Outlook

ShoreTel is providing the following outlook for its fiscal second quarter of 2014 ending December 31, 2013:
โ€ขRevenue is expected to be in the range of $80 million to $86 million.
โ€ขGAAP gross margin is expected to be in the range of 59.5 percent to 60.5 percent. Non-GAAP gross margin, which excludes approximately $1.3 million in stock-based compensation charges, amortization of acquisition-related intangibles and other charges, is expected to be in the range of 61 percent to 62 percent.
โ€ขGAAP operating expenses are expected to be in the range of $50.5 million to $51.5 million. Non-GAAP operating expense, which excludes approximately $3.0 million in stock-based compensation charges, amortization of acquisition-related intangibles and other charges are expected to be in the range of $47.5 million to $48.5 million.

Conference Call Information

The Company will host a corresponding conference call and live webcast at 2:00 p.m. Pacific Time on Wednesday, Oct. 30, 2013. To access the conference call, dial +1-877-317-6789 for callers in the U.S. or + 1-412-317-6789 for international callers and provide the operator with the conference identification number of 10035277.

A live webcast will be available in the Investor Relations section of the Company's corporate website at http://ir.shoretel.com/ and an archived recording will be available beginning approximately two hours after the completion of the call. An audio telephonic replay of the conference call will also be available beginning approximately one hour after the completion of the call until Nov. 7, 2013 by dialing +1-877-344-7529 for callers in the U.S. or +1-412-317-0088 for callers outside the U.S. and providing the conference identification number of 10035277.

Use of Non-GAAP Financial Measures

ShoreTel reports all required financial information in accordance with generally accepted accounting principles in the United States ("GAAP"), but it believes that evaluating its ongoing operating results may be difficult to understand if limited to reviewing only GAAP financial measures. Many investors have requested that ShoreTel disclose this non-GAAP information because it is useful in understanding the company's performance as it excludes non-cash charges, other non-recurring adjustments and related tax adjustments, that many investors feel may obscure the company's true operating performance. Likewise, management uses these non-GAAP measures to manage and assess the profitability of its business and does not consider stock-based compensation charges and amortization charges related to acquisition-related intangible assets and the related tax adjustments, which are non-cash charges, or other non-recurring items in managing its core operations. ShoreTel has provided a reconciliation of non-GAAP financial measures following the text of this press release. Investors are encouraged to review the related GAAP financial measures and the reconciliation of these non-GAAP financial measures to their most directly comparable GAAP financial measure.

Legal Notice Regarding Forward-Looking Statements

ShoreTel assumes no obligation to update the forward-looking statements included in this release. This release contains forward-looking statements within the meaning of the "safe harbor" provisions of the federal securities laws, including, without limitation, statements by Don Joos, statements regarding future growth and statements in the "Business Outlook" section regarding ShoreTel's anticipated future revenues, gross margins, operating expenses and other financial information. The forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those projected. The risks and uncertainties include the intense competition in our industry, our reliance on third parties to sell and support our products, our ability to grow our ShoreTel Sky business, our ability to maintain our premise business in a profitable manner, supply and manufacturing risks, our ability to control costs as we expand our business, increased risk of intellectual property litigation by entering into new markets, our ability to attract, retain and ramp new sales personnel, uncertainties inherent in the product development cycle, uncertainty as to market acceptance of new products and services, the potential for litigation in our industry, the uncertain impact of global economic conditions and the impact of the U.S. budget discussion, including impact on customers' purchasing decisions, and other risk factors set forth in ShoreTel's Form 10-K for the year ended June 30, 2013.

Related Links & Conversation
โ€ขSubscribe to ShoreTel's blog.
โ€ขFollow ShoreTel on Twitter and Facebook.
โ€ขRead ShoreTel Customer Success Stories.
โ€ขBookmark this Unified Communications Glossary.
โ€ข#ShoreTel, #UC.

About ShoreTel

ShoreTel, Inc. (NASDAQ: SHOR) is a leading provider of brilliantly simple business communications solutions. Costly complexity is eliminated by design from its award-winning, all-in-one premise and cloud-based unified communications offerings, including business phones, collaboration, mobility and contact center applications. Recognized for its industry-leading customer experience and support, ShoreTel enables users to communicate and collaborate no matter the time, place or device, for low cost and minimal demand on IT resources. ShoreTel is headquartered in Sunnyvale, Calif., and has regional offices and partners worldwide. For more information, visit www.shoretel.com.

ShoreTel, ShoreTel Sky and the ShoreTel logo are trademarks or registered trademarks of ShoreTel, Inc. in the United States and/or other countries. iPad® and iPhone® are trademarks of Apple Inc. All other trademarks, trade names and service marks herein are the property of their respective owners.

Investor Contact:
Barry Hutton
Director, Investor Relations
408-962-2573
bhutton@shoretel.com

(Tables follow)





SHORETEL, INC.


CONDENSED CONSOLIDATED BALANCE SHEETS


(Amounts in thousands)


(Unaudited)







As of


As of







September 30,


June 30,







2013


2013











ASSETS





Current assets:







Cash and cash equivalents

$ 49,855


$ 43,775



Short-term investments

6,118


7,501



Accounts receivable - net

31,003


37,118



Inventories

17,634


18,891



Indemnification asset

6,600


6,277



Prepaid expenses and other current assets

6,506


6,417






Total current assets

117,716


119,979











Property and equipment - net

15,623


15,625


Goodwill

122,750


122,750


Intangible assets

35,646


38,138


Other assets

3,313


3,295






Total assets

$ 295,048


$ 299,787




















LIABILITIES AND STOCKHOLDERS' EQUITY














Current liabilities:






Accounts payable

$ 13,823


$ 9,790



Accrued liabilities and other

15,703


17,766



Accrued employee compensation

11,984


13,159



Accrued taxes and surcharges

10,623


11,312



Purchase consideration

3,630


3,577



Deferred revenue

40,835


39,692






Total current liabilities

96,598


95,296












Line of credit - net

18,026


29,004



Long-term deferred revenue

16,540


15,294



Other long-term liabilities

3,783


4,053






Total liabilities

134,947


143,647











Stockholders' equity:















Common stock

327,254


322,258



Accumulated deficit

(167,153)


(166,118)






Total stockholders' equity

160,101


156,140















Total liabilities and stockholders' equity

$ 295,048


$ 299,787






SHORETEL, INC.


CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS


(Amounts in thousands, except per share amounts)


(Unaudited)







Three Months Ended






September 30,






2013


2012









Revenue:







Product

$ 47,682


$ 45,834




Hosted and related services

20,739


15,662




Support and services

15,866


13,488





Total revenues

84,287


74,984



Cost of revenue:







Product

16,296


15,787




Hosted and related services

12,533


9,142




Support and services

4,282


4,189





Total cost of revenue

33,111


29,118



Gross profit

51,176


45,866




Gross profit %

60.7%


61.2%











Operating expenses:







Research and development

13,280


13,953




Sales and marketing

27,666


30,756




General and administrative

10,629


8,595





Total operating expenses

51,575


53,304



Loss from operations

(399)


(7,438)



Other income (expense) - net

(427)


(402)



Loss before provision for income tax

(826)


(7,840)



Provision for income tax

209


197



Net loss

$ (1,035)


$ (8,037)



Net loss per share:







Basic and diluted

$ (0.02)


$ (0.14)











Shares used in computing net loss per share:







Basic and diluted

59,543


58,186







SHORETEL, INC.


GAAP TO NON-GAAP RECONCILIATION


(Amounts in thousands, except per share amounts)


(Unaudited)














Three Months Ended




September 30,




2013


2012


GAAP Premise gross profit

$ 42,970




$ 39,346





Share-based compensation expense

276


(a)


257


(a)



Amortization of acquisition-related intangibles

268


(b)


260


(b)



Severance and other

-


(c)


2


(c)


Non-GAAP Premise gross profit

$ 43,514




$ 39,865




Non-GAAP Premise gross margin

68.5%




67.2%














GAAP Hosted gross profit

$ 8,206




$ 6,520





Share-based compensation expense

49


(a)


38


(a)



Amortization of acquisition-related intangibles

749


(b)


749


(b)



Severance and other

-


(c)


8


(c)


Non-GAAP Hosted gross profit

$ 9,004




$ 7,315




Non-GAAP Hosted gross margin

43.4%




46.7%














GAAP total gross profit

$ 51,176




$ 45,866





Share-based compensation expense

325


(a)


295


(a)



Amortization of acquisition-related intangibles

1,017


(b)


1,009


(b)



Severance and other

-


(c)


10


(c)


Non-GAAP total gross profit

$ 52,518




$ 47,180




Non-GAAP total gross margin

62.3%




62.9%














GAAP loss from operations

$ (399)




$ (7,438)





Share-based compensation expense

2,114


(a)


3,353


(a)



Amortization of acquisition-related intangibles

1,906


(b)


1,898


(b)



Severance and Other

1,019


(c)


382


(c)


Non-GAAP income (loss) from operations

$ 4,640




$ (1,805)














GAAP net loss

$ (1,035)




$ (8,037)





Share-based compensation expense

2,114


(a)


3,353


(a)



Amortization of acquisition-related intangibles

1,906


(b)


1,898


(b)



Severance and Other

1,019


(c)


382


(c)



Interest charge from change in fair value of purchase consideration

53


(d)


188


(d)



Deferred tax benefit (provision) arising from tax impact of above items

(39)


(e)


143


(e)


Non-GAAP net income (loss)

$ 4,018




$ (2,073)














Non-GAAP net income (loss) per share:










Basic

$ 0.07




$ (0.04)





Diluted (f)

$ 0.07




$ (0.04)














Shares used in computing net income (loss) per share:










Basic

59,543




58,186





Diluted (f)

60,492




58,186








SHORETEL, INC.


GAAP TO NON-GAAP RECONCILIATION FOOTNOTES


(Amounts in thousands)


(Unaudited)

























Three Months Ended






September 30,






2013


2012



(a)

Excludes stock-based compensation included in:










Cost of product revenue

$ 29



$ 50






Cost of hosted and related services revenue

49



38






Cost of support and services revenue

247



207






Research and development

564



1,059






Sales and marketing

544



862






General and administrative

681



1,137







$ 2,114



$ 3,353














(b)

Excludes amortization of acquisition-related intangibles included in:










Cost of product revenue

$ 268



$ 260






Cost of hosted and related services

749



749






Sales and marketing

851



851






General and administrative

38



38







$ 1,906



$ 1,898














(c)

Excludes severance and other expense included in:










Cost of hosted and related services

$ -



$ 8






Cost of support and services revenue

-



2






Research and development

674



99






Sales and marketing

172



235






General and administrative

173



38







$ 1,019



$ 382
























(d)

Excludes interest charge from change in fair value of contingent consideration included in Other Expense

$ 53



$ 188














(e)

Excludes the deferred tax benefit (provision) arising from acquisition and tax impact of the items which are excluded in (a) to (d) above.












(f)

Potentially dilutive securities were not included in the calculation of diluted net loss per share for the periods which had a net loss because to do so would have been anti-dilutive.






SHORETEL, INC.


RECONCILIATION OF GAAP TO NON-GAAP FOR Q2 PROJECTIONS


(Amounts in thousands)


(Unaudited)




๐Ÿ‘๏ธ0
bacc bacc 11 years ago
SUNNYVALE, Calif., Oct. 15, 2013 /PRNewswire/ -- ShoreTel® (NASDAQ: SHOR), the leading provider of brilliantly simple unified communications platforms, including business phone systems, applications, and mobile UC solutions, today announced that it will issue its press release reporting the financial results for its first quarter of fiscal 2014 ended Sept. 30, 2013 following the close of the market on Wednesday, Oct. 30, 2013.

Conference Call Information

The Company will host a corresponding conference call and live webcast at 2:00 p.m. Pacific Time on Wednesday, Oct. 30, 2013. To access the conference call, dial +1-877-317-6789 for callers in the U.S. or + 1-412-317-6789 for international callers and provide the operator with the conference identification number of 10035277.

A live webcast will be available in the Investor Relations section of the Company's corporate website at http://ir.shoretel.com/ and an archived recording will be available beginning approximately two hour after the completion of the call. An audio telephonic replay of the conference call will also be available beginning approximately one hour after the completion of the call until Nov. 7, 2013 by dialing +1-877-344-7529 for callers in the U.S. or +1-412-317-0088 for callers outside the U.S. and providing the conference identification number of 10035277.

Related Links & Conversation
โ€ขSubscribe to ShoreTel's blog.
โ€ขFollow ShoreTel on Twitter and Facebook.
โ€ข#ShoreTel, #UC
๐Ÿ‘๏ธ0
Penny Roger$ Penny Roger$ 11 years ago
~ $SHOR ~ Daily Par Sar Buy Signal ~ Criteria alert triggered during a recent trading session!

$SHOR has just triggered the "Parabolic SAR Buy Signals" scan criteria at Stockcharts.com
~ http://tinyurl.com/SAR-BUY ~







For a more in Depth study and DD profile, similar to the one contained in this link: ~ http://tinyurl.com/DDexample ~
Click the following link and type ticker or brief message asking me about the DD: ~ http://tinyurl.com/GET-THE-DD ~

What does the scan "Parabolic SAR Buy Signals" mean? Below is an image example and study link.
~ http://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:parabolic_sar ~


To find other similar posts of "SHOR" utilize the links that follow.
Search MACDgyver's "Parabolic SAR Buy Signals" posts: ~ http://investorshub.advfn.com/boards/msgsearchbymember.aspx?searchID=251916&srchyr=2013&SearchStr=ParSarBuyScan ~
Search MACDgyver's posts for symbol "SHOR": ~ http://investorshub.advfn.com/boards/msgsearchbymember.aspx?searchID=251916&srchyr=2013&SearchStr=SHOR ~
Search Ihub for "SHOR" posts: ~ http://investorshub.advfn.com/boards/msgsearch.aspx?SearchStr=SHOR ~


For more in depth training and information visit Chartschool on the Stockcharts page.
~ http://stockcharts.com/school/doku.php?id=chart_school ~


Also don't forget the Ihub Edu Channel.
~ http://investorshub.advfn.com/boards/education.aspx ~


c
๐Ÿ‘๏ธ0
Rhope Rhope 12 years ago
Yes, and stock price has improved too. :)
๐Ÿ‘๏ธ0
DD_xprt DD_xprt 12 years ago
SHOR's third quarter 2013 results are out and

EVERYTHING improved. Guidance is even improved. S/P should improve accordingly, IMO.
๐Ÿ‘๏ธ0
Rhope Rhope 12 years ago
Why is there so little activity here, and yet on some penny stock boards that are worthless, there's tons of activity. Just curious, as Shoretel looks like a great opportunity.
๐Ÿ‘๏ธ0
DD_xprt DD_xprt 12 years ago
SHOR does it again!

ShoreTel beats by $0.01, beats on revs; guides Q2 revs in-line (SHOR) 4.72 : Reports Q1 (Sep) loss of $0.04 per share, excluding non-recurring items, $0.01 better than the Capital IQ Consensus Estimate of ($0.05); revenues rose 39.1% year/year to $75 mln vs the $72.7 mln consensus. Co issues in-line guidance for Q2, sees Q2 revs of $75-80 mln vs. $77.32 mln Capital IQ Consensus Estimate.
๐Ÿ‘๏ธ0
DD_xprt DD_xprt 12 years ago
This should help the S/P going forward:

The stock (SHOR) has a five-star rating (out of five) at Motley Fool CAPS, with 128 members out of 136 rating the stock outperform, and eight members rating it underperform. Among 26 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 26 give ShoreTel a green thumbs-up.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on ShoreTel is buy, with an average price target of $8.44.

http://www.fool.com/investing/general/2012/08/09/shoretel-earnings-are-on-deck.aspx
๐Ÿ‘๏ธ0
DD_xprt DD_xprt 12 years ago
SHOR delivered! A very positive and fruitful fourth fiscal quarter announced today.

Best part> For the 2012 fiscal year, consolidated revenue was an all-time record of $246.6 million, up 23 percent from fiscal year 2011.

This also> As of June 30, 2012, the company had $55.5 million in cash, cash equivalents and short-term investments after paying down its line of credit by $5.0 million during the quarter. For fiscal year 2012, the company generated over $10.0 million in cash flow from operations.

Are analysts listening?
๐Ÿ‘๏ธ0
DD_xprt DD_xprt 13 years ago
Best part of today's 3rd Quarter earnings report:

โ€œWe are pleased to have completed the acquisition of M5 Networks during the quarter and are now focused on driving growth in our premise-based businesses and maximizing the potential of our cloud offering. We are also very pleased to see that the pipeline in our premise-based business is growing nicely โ€“ indicating that we can expect solid growth in our fourth fiscal quarter,โ€ Blackmore added.

That's called "positive guidance" and we should now get some analysts upgrades, imo.

http://ih.advfn.com/p.php?pid=nmona&article=52216631&symbol=SHOR


๐Ÿ‘๏ธ0
DZ DZ 13 years ago
figured it would have moved ^ alittle more, just waiting zzzzz lol
๐Ÿ‘๏ธ0
builderman builderman 13 years ago
Hey kegs, I'm now in SHOR, took a little
dip this am but recovering nicely. v solid
fundamentals !
๐Ÿ‘๏ธ0
BDkeg BDkeg 13 years ago
still holding and have been accumulating
๐Ÿ‘๏ธ0
DZ DZ 13 years ago
Nice time to buy at this pps....lots of room for gains IMHO.. no insiders have sold out yet because they bought @ 5.50. It will blast off soon... GLTA
๐Ÿ‘๏ธ0
rayank rayank 13 years ago
Yes SOON this will move IMO
๐Ÿ‘๏ธ0
BDkeg BDkeg 13 years ago
nice DD

yet another insider buy

02/29/2012
DENMAN KENNETH D (Director of Shortel and CEO of Openwave Systems)
15,000 shares at $5.55

http://www.sec.gov/Archives/edgar/data/1254779/000112760212008693/xslF345X03/form4.xml
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DD_xprt DD_xprt 13 years ago
This was close to a $12 stock last summer. That's a double from here. Just need some high volume days, like over 2 million.

IMO, when recently acquired M5's revenues kick in, we're off to the races. I like this statement in the Feb 1, 2102 PR: "In addition, M5 shareholders may receive additional contingent consideration of up to $13.7 million. The contingent payments are payable over the two years after closing and are based upon the achievement of certain revenue performance milestones for the year ended Dec. 31, 2012." Means to me there is an incentive for M5 to deliver!

Look for a confirming PR the end of March, 2012: "The transaction is subject to customary closing conditions, and is expected to close by the end of March 2012."
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rayank rayank 13 years ago
I totally agree and I have been in at $5.55.
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BDkeg BDkeg 13 years ago
i've been watching for several weeks and buying shares. I like the fundamentals and all the recent insider buys here, it's a no brainer.
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rayank rayank 13 years ago
Yeah thanks, I actually just found it by accident. No one told me about it, but I liked the insider buys, and the fundamentals.
Plus I liked the chart, and thought there might be support around this level.
Good luck, you should be up on it soon.

Ray
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DD_xprt DD_xprt 13 years ago
Good buy rayank. I'm in at 5.80 a few weeks ago partly after reading this: http://seekingalpha.com/article/349941-can-you-hear-me-now-shoretel-sends-a-clear-message-to-the-competition?source=cnbc

Looks like buying M5 is a good fit for the company.

Today's stock action was quite interesting. Moved up 5 cents in the last 10 minutes on 3X average volume, mostly buys in last 10 minutes. I also like recent insider buys. Something's up.

Looks like you and I are only watchers here.

Just curious, why'd you buy?

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rayank rayank 13 years ago
I am in at $5.55
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Penny Roger$ Penny Roger$ 13 years ago
~ $SHOR ~Multi chart fix and On the house shots of DD!! Version 3.2.3







~ Barchart: http://barchart.com/quotes/stocks/SHOR?
~ OTC Markets: http://www.otcmarkets.com/stock/SHOR/company-info
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~ Yahoo! Finance ~ Stats: http://finance.yahoo.com/q/ks?s=SHOR+Key+Statistics
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Finviz: http://finviz.com/quote.ashx?t=SHOR
~ BusyStock: http://busystock.com/i.php?s=SHOR&v=2
~ CandlestickChart: http://www.candlestickchart.com/cgi/chart.cgi?symbol=SHOR&exchange=US
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~ MarketWatch: http://www.marketwatch.com/investing/stock/SHOR/profile
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~ 5-Min Wind: http://www.windchart.com/stockta/analysis?symbol=SHOR
~ 10-Min Wind: http://www.windchart.com/stockta/analysis?symbol=SHOR&size=l&frequency=10&color=g
~ 30-Min Wind: http://www.windchart.com/stockta/analysis?symbol=SHOR&size=l&frequency=30&color=g
~ 60-Min Wind: http://www.windchart.com/stockta/analysis?symbol=SHOR&size=l&frequency=60&color=g

DTCC (PENSON/TDA) Check - (otc and pinks) - Note ~ I did not check for this chart blast. However, I try and help you to do so with the following links.
IHUB DTCC BOARD SEARCH #1 http://investorshub.advfn.com/boards/msgsearchbyboard.aspx?boardID=18682&srchyr=2011&SearchStr=SHOR
IHUB DTCC BOARD SEARCH #2: http://investorshub.advfn.com/boards/msgsearchbyboard.aspx?boardID=14482&srchyr=2011&SearchStr=SHOR
Check those searches for recent SHOR mentions. If SHOR is showing up on older posts and not on new posts found in link below, The DTCC issues may have been addressed and fixed. Always call the broker if your security turns up on any DTCC/PENSON list.
http://investorshub.advfn.com/boards/msgsearchbyboard.aspx?boardID=18682&srchyr=2011&SearchStr=Complete+list
For a cSHORnt list see the pinned threads at the top here ---> http://tinyurl.com/TWO-OLD-FARTS


Volume, MACD, ADX 3 EMA Par sar - http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=True&insttype=Stock&symb=SHOR&time=8&startdate=1%2F4%2F1999&enddate=11%2F21%2F2011&freq=2&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=6&maval=9&uf=16&lf=1&lf2=4&lf3=1024&type=4&style=380&size=2&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11&x=25&y=5
RSI, Money Flow, Volume Accumulation, 3sma, Bollinger bands - http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=True&insttype=Stock&symb=SHOR&time=8&startdate=1%2F4%2F1999&enddate=11%2F21%2F2011&freq=2&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=4&maval=9&uf=8&lf=2&lf2=512&lf3=4096&type=4&style=380&size=2&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11&x=36&y=14
Price Channel, Momentum, Volatility Slow, P/E Ratio - http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=True&insttype=Stock&symb=SHOR&time=8&startdate=1%2F4%2F1999&enddate=11%2F21%2F2011&freq=2&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=6&maval=9&uf=128&lf=65536&lf2=16384&lf3=16777216&type=4&style=380&size=2&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11&x=28&y=15



Volume, MACD, ADX 3 EMA Par sar - http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=True&insttype=Stock&symb=SHOR&time=6&startdate=1%2F4%2F1999&enddate=11%2F21%2F2011&freq=1&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=6&maval=9&uf=16&lf=1&lf2=4&lf3=1024&type=4&style=380&size=2&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11&x=39&y=17
RSI, Money Flow, Volume Accumulation, 3sma, Bollinger bands - http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=True&insttype=Stock&symb=SHOR&time=6&startdate=1%2F4%2F1999&enddate=11%2F21%2F2011&freq=1&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=4&maval=9&uf=8&lf=2&lf2=512&lf3=4096&type=4&style=380&size=2&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11&x=35&y=12
Price Channel, Momentum, Volatility Slow, P/E Ratio - http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=True&insttype=Stock&symb=SHOR&time=6&startdate=1%2F4%2F1999&enddate=11%2F21%2F2011&freq=1&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=6&maval=9&uf=128&lf=65536&lf2=16384&lf3=16777216&type=4&style=380&size=2&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11&x=23&y=19



Volume, MACD, ADX 3 EMA Par sar - http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=True&insttype=Stock&symb=SHOR&time=18&startdate=1%2F4%2F1999&enddate=11%2F21%2F2011&freq=8&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=6&maval=9&uf=16&lf=1&lf2=4&lf3=1024&type=4&style=380&size=2&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11&x=38&y=6
RSI, Money Flow, Volume Accumulation, 3sma, Bollinger bands - http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=True&insttype=Stock&symb=SHOR&time=18&startdate=1%2F4%2F1999&enddate=11%2F21%2F2011&freq=8&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=4&maval=9&uf=8&lf=2&lf2=512&lf3=4096&type=4&style=380&size=2&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11&x=30&y=11
Price Channel, Momentum, Volatility Slow, P/E Ratio - http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=True&insttype=&symb=SHOR&time=18&startdate=1%2F4%2F1999&enddate=11%2F21%2F2011&freq=8&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=6&maval=9&uf=128&lf=65536&lf2=16384&lf3=16777216&type=4&style=380&size=2&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11&x=35&y=14



Volume, MACD, ADX 3 EMA Par sar - http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=True&insttype=Stock&symb=SHOR&time=3&startdate=1%2F4%2F1999&enddate=11%2F21%2F2011&freq=7&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=6&maval=9&uf=16&lf=1&lf2=4&lf3=1024&type=4&style=380&size=2&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11&x=39&y=14
RSI, Money Flow, Volume Accumulation, 3sma, Bollinger bands - http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=True&insttype=Stock&symb=SHOR&time=3&startdate=1%2F4%2F1999&enddate=11%2F21%2F2011&freq=7&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=4&maval=9&uf=8&lf=2&lf2=512&lf3=4096&type=4&style=380&size=2&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11&x=20&y=16
Price Channel, Momentum, Volatility Slow, P/E Ratio - http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=True&insttype=Stock&symb=SHOR&time=3&startdate=1%2F4%2F1999&enddate=11%2F21%2F2011&freq=7&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=6&maval=9&uf=128&lf=65536&lf2=16384&lf3=16777216&type=4&style=380&size=2&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11&x=46&y=6



Volume, MACD, ADX 3 EMA Par sar - http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=True&insttype=Stock&symb=SHOR&time=1&startdate=1%2F4%2F1999&enddate=11%2F21%2F2011&freq=6&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=6&maval=9&uf=16&lf=1&lf2=4&lf3=1024&type=4&style=380&size=2&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11&x=42&y=20
RSI, Money Flow, Volume Accumulation, 3sma, Bollinger bands - http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=True&insttype=Stock&symb=SHOR&time=1&startdate=1%2F4%2F1999&enddate=11%2F21%2F2011&freq=6&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=4&maval=9&uf=8&lf=2&lf2=512&lf3=4096&type=4&style=380&size=2&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11&x=36&y=11
Price Channel, Momentum, Volatility Slow, P/E Ratio - http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=True&insttype=Stock&symb=SHOR&time=1&startdate=1%2F4%2F1999&enddate=11%2F21%2F2011&freq=6&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=6&maval=9&uf=128&lf=65536&lf2=16384&lf3=16777216&type=4&style=380&size=2&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11&x=46&y=11



Volume, MACD, ADX 3 EMA Par sar - http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=True&insttype=Stock&symb=SHOR&time=1&startdate=1%2F4%2F1999&enddate=11%2F21%2F2011&freq=9&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=6&maval=9&uf=16&lf=1&lf2=4&lf3=1024&type=4&style=380&size=2&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11&x=31&y=14
RSI, Money Flow, Volume Accumulation, 3sma, Bollinger bands - http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=True&insttype=Stock&symb=SHOR&time=1&startdate=1%2F4%2F1999&enddate=11%2F21%2F2011&freq=9&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=4&maval=9&uf=8&lf=2&lf2=512&lf3=4096&type=4&style=380&size=2&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11&x=23&y=15
Price Channel, Momentum, Volatility Slow, P/E Ratio - http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=True&insttype=Stock&symb=SHOR&time=1&startdate=1%2F4%2F1999&enddate=11%2F21%2F2011&freq=9&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=6&maval=9&uf=128&lf=65536&lf2=16384&lf3=16777216&type=4&style=380&size=2&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11&x=22&y=15



























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* If a symbol changes or adds a D, etc. Message me for an updated version.
Twitter: @MACDgyver ---> SHOR <---


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Penny Roger$ Penny Roger$ 13 years ago
~ $SHOR ~ Earnings posted, pending or coming soon! In Charts and Links Below!

~ $SHOR ~ Earnings expected on Wednesday *
This Week In Earnings: Earnings are coming or are already posted! This is what the charts look like! If you play the earnings these posts can be very helpful to you!
Want more like this? Search Keyword: MACMONEY >>> http://tinyurl.com/MACMONEY <<<
One or more of many earnings sites has alerted this security has or will be posting earnings on or around the day of this message.








http://stockcharts.com/h-sc/ui?s=SHOR&p=D&b=3&g=0&id=p88783918276&a=237480049




http://stockcharts.com/h-sc/ui?s=SHOR&p=W&b=3&g=0&id=p54550695994



~ Barchart: http://barchart.com/quotes/stocks/SHOR?
~ OTC Markets: http://www.otcmarkets.com/stock/SHOR/company-info
~ Google Finance: http://www.google.com/finance?q=SHOR
~ Google Fin Options: hhttp://www.google.com/finance/option_chain?q=SHOR#
~ Yahoo! Finance ~ Stats: http://finance.yahoo.com/q/ks?s=SHOR+Key+Statistics
~ Yahoo! Finance ~ Profile: http://finance.yahoo.com/q/pr?s=SHOR
Finviz: http://finviz.com/quote.ashx?t=SHOR
~ BusyStock: http://busystock.com/i.php?s=SHOR&v=2
~ CandlestickChart: http://www.candlestickchart.com/cgi/chart.cgi?symbol=SHOR&exchange=US
~ Investorshub Trades: http://ih.advfn.com/p.php?pid=trades&symbol=SHOR
~ Investorshub Board Search: http://investorshub.advfn.com/boards/getboards.aspx?searchstr=SHOR
~ Investorshub PostStream Search: http://investorshub.advfn.com/boards/poststream.aspx?ticker=SHOR
~ Investorshub Goodies Search: http://investorshub.advfn.com/boards/msgsearchbyboard.aspx?boardID=18582&srchyr=2011&SearchStr=SHOR
~ Investorshub Message Search: http://investorshub.advfn.com/boards/msgsearch.aspx?SearchStr=SHOR
~ MarketWatch: http://www.marketwatch.com/investing/stock/SHOR/profile
~ E-Zone Chart: http://www.windchart.com/ezone/signals/?symbol=SHOR
~ 5-Min Wind: http://www.windchart.com/stockta/analysis?symbol=SHOR
~ 10-Min Wind: http://www.windchart.com/stockta/analysis?symbol=SHOR&size=l&frequency=10&color=g
~ 30-Min Wind: http://www.windchart.com/stockta/analysis?symbol=SHOR&size=l&frequency=30&color=g
~ 60-Min Wind: http://www.windchart.com/stockta/analysis?symbol=SHOR&size=l&frequency=60&color=g


http://investorshub.advfn.com/boards/post_prvt.aspx?user=251916

*If the earnings date is in error please ignore error. I do my best.
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Penny Roger$ Penny Roger$ 13 years ago
ShoreTel, Inc. is a provider of business communication solutions. The Companyโ€™s unified communications (UC) and contact center solutions are based on its Internet protocol (IP) business phone system (IP-PBX). It offers organizations of all sizes integrated voice, video, data and mobile communications on an open, distributed IP architecture and switch-based hardware platform, which enable multi-site enterprises to be served by a single system. The Companyโ€™s business communication solutions consist of hardware and software components, including ShoreTel Voice Switches, ShoreTel IP Phones, ShoreTel Appliances and ShoreTel Software Applications for system management and user interfaces. The mobility component of its UC solution consists of an appliance coupled with system management and end-user software. On October 19, 2010, the Company acquired Agito Networks, Inc. (Agito), which is a engaged in platform-agnostic enterprise mobility.

http://www.google.com/finance?q=SHOR#
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