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Last $10.28 USD
Change Today +0.12 / 1.18%
Volume 168.5K
SHOR On Other Exchanges
As of 5:10 PM 11/27/15 All times are local (Market data is delayed by at least 15 minutes).

shoretel inc (SHOR) Snapshot

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52 Week High
11/27/15 - $10.35
52 Week Low
03/24/15 - $6.49
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shoretel inc (SHOR) Details

ShoreTel, Inc., together with its subsidiaries, provides business communication solutions in the United States and internationally. The company offers integrated voice, video, data, and mobile applications based on Internet protocol technologies. It offers solutions, such as ShoreTel Voice Switches; ShoreTel Service Appliances; ShoreTel Director, which enables IT administrators to view and manage the entire system from any location using a single application; ShoreTel IP Phones; and Small Business Edition 100 for smaller businesses. The company also provides ShoreTel Mobility for smartphone users that allows the user to communicate from any location, including office, home, or through Wi-Fi hotspots; ShoreTel Communicator that enables to communicate through video, voice, and instant messaging; conferencing and collaboration solutions; Microsoft Integration that offers a range of integration options with applications, such as Microsoft lync, Microsoft exchange, Microsoft office, and Microsoft Internet explore; and ShoreTel contact center that enables organizations to route incoming contacts to appropriate agent in a multisite contact center. In addition, it offers custom application development, integration, and implementation services for businesses; and professional, system design and installation, training, and technical support services. It serves a range of vertical markets, including professional services, financial services, government, education, health care, sports and entertainment, manufacturing, non-profit organizations and technology industries. The company was founded in 1996 and is headquartered in Sunnyvale, California.

1,063 Employees
Last Reported Date: 09/11/15
Founded in 1996

shoretel inc (SHOR) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $440.0K
Chief Financial Officer and Senior Vice Presi...
Total Annual Compensation: $328.0K
Senior Vice President of Services and Operati...
Total Annual Compensation: $258.8K
Chief Technology Officer
Total Annual Compensation: $285.0K
Senior Vice President of Worldwide Sales
Total Annual Compensation: $559.4K
Compensation as of Fiscal Year 2015.

shoretel inc (SHOR) Key Developments

Kids Plus Pediatrics Uses ShoreTel Connect ONSITE of ShoreTel

ShoreTel announced Kids Plus Pediatrics is running its business on ShoreTel Connect ONSITE, realizing seamless communication between offices, staffing efficiencies and low TCO. Kids Plus Pediatrics (KPP) is a three-location medical practice with 100 employees in the Pittsburgh, Penn. area. With the new system now fully implemented, KPP is realizing big productivity and communication improvements. Employees at KPP also use the ShoreTel Mobility application to make it easier to reach each other as they travel between locations.

ShoreTel, Inc. Announces Unaudited Consolidated Earnings Results for the First Quarter Ended September 30, 2015; Provides Earnings Guidance for the Second Quarter Ending December 31, 2015

ShoreTel, Inc. announced unaudited consolidated earnings results for the first quarter ended September 30, 2015. For the quarter, the company reported total revenue of $90,185,000 compared to $90,431,000 a year ago. Income from operations was $3,245,000 compared to $1,110,000 a year ago. Income before provision for income tax was $2,545,000 compared to $744,000 a year ago. Net income was $2,142,000 or $0.03 per basic and diluted share compared to $366,000 or $0.01 per basic and diluted share a year ago. Non-GAAP income from operations was $7,672,000 compared to $5,565,000 a year ago. Non-GAAP net income was $6,213,000 or $0.09 per diluted share compared to $4,695,000 or $0.07 per diluted share a year ago. Cash flow from operations of nearly $20 million. The company provided earnings guidance for the second quarter ending December 31, 2015. For the quarter, total revenue is expected to be in the range of $87 million to $93 million. Non-GAAP gross margin, which excludes approximately 1½% points in stock-based compensation charges, amortization of acquisition-related intangibles and other adjustments, is expected to be in the range of 64% to 65%. GAAP total gross margin is expected to be in the range of 62.5% to 63.5%. Non-GAAP operating expenses, which exclude approximately $2.5 million in stock-based compensation expenses, amortization of acquisition-related intangibles and other adjustments, are expected to be in the range of $53 million to $54 million. GAAP total operating expenses are expected to be in the range of $55.5 million to $56.5 million. Capital expenditures during the quarter were $3.5 million, consistent with full year expectations as invested in growing cloud business and the rollout of ShoreTel Connect.

ShoreTel, Inc., Annual General Meeting, Nov 11, 2015

ShoreTel, Inc., Annual General Meeting, Nov 11, 2015., at 13:00 Pacific Standard Time. Location: 960 Stewart Drive. Agenda: To consider the election of Shane Robison, Charles D. Kissner and Constance Skidmore to the board of directors to hold office for a three-year term; to consider the ratification of the appointment of Deloitte & Touche LLP as the independent registered public accounting firm of ShoreTel, Inc. for the fiscal year ending June 30, 2016; to consider to cast an advisory vote on the compensation of named executive officers; and to consider and approve the ShoreTel, Inc. 2015 equity incentive plan.


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Price/Sales 1.9x
Price/Book 3.5x
Price/Cash Flow NM Not Meaningful
TEV/Sales 1.6x

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