Shore Tel, Inc. (NASDAQ:SHOR) is a provider of unified communications equipment and services. They supply companies with a complete communication system for voice, video, text, and other communications. Management was able to grow revenue at a CAGR of 20.3% from 2009-2014. Revenue growth was consistently high over the period. Shore Tel's revenue grew over 20% each year from 2011-2013. Yet, revenue growth has slowed considerably in 2014. Revenue grew 8.4% mainly due to a decline in product sales. The decline in product sales was the result of a temporary spending limit on sales and marketing in the first half. On the Q4 2014 conference call, Don Joos CEO stated "During the first half of fiscal 2014, we...
|FREE||SA PRO MEMBERS|
|IDEA GENERATOR||X||Exclusive access to 10 PRO ideas every day|
|INVESTING IDEAS LIBRARY||X||Exclusive access to PRO library of more than 15,000 ideas|
|SECTOR EXPERT NETWORK||X||Exclusive access to all sector experts for direct consultation|
|PERFORMANCE TRACKING||X||Track performance of all PRO stock ideas|
|PROFESSIONAL TOOLS||X||Professional Idea Filters to zero-in based on industry, market cap and more|