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Globecomm Systems Inc. (GCOM)

- NASDAQ
GCOM is defunct.
  • Nov. 1, 2013, 4:13 PM
    • Globecomm Systems, Inc. (GCOM): FQ1 EPS of $0.04.
    • Revenue of $57.2M vs. $81.16M a year ago.  (PR)
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  • Sep. 13, 2013, 4:36 PM
    • Globecomm (GCOM): FQ4 EPS of $0.19 misses by $0.01.
    • Revenue of $80.6M (-23.1% Y/Y) in-line. (PR)
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  • Aug. 26, 2013, 10:07 AM
    • Globecomm Systems (GCOM -3.5%) has been acquired by P-E firm Wasserstein & Co. for $14.15/share. The transaction is valued at approximately $340M.
    • Investors expected a higher price. The stock has fallen off Friday's close of $14.40 and now sits at $13.95.
    • Globecomm stock climbed steadily since Jan., when the company hired Needham to review strategic alternatives. The acquisition represents a 21.9% premium to the price of GCOM prior to the Needham announcement.
    • The transaction is expected to close in Q4.
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  • May. 8, 2013, 4:54 PM
    Globecomm Systems (GCOM): FQ3 EPS of $0.18 in-line. Revenue of $78.1M (-29.6% Y/Y) misses by $9.9M. (PR)
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  • Feb. 6, 2013, 5:18 PM
    Globecomm Systems (GCOM): FQ2 EPS of $0.17 beats by $0.02. Revenue of $79.74M (-16.3% Y/Y) misses by $8.93M. (PR)
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  • Jan. 14, 2013, 4:18 PM
    Globecomm (GCOM) +5.6% AH after announcing it has hired Needham to "review potential strategic alternatives." The satellite services firm adds it now expects FY13 (ends June 30) revenue of $320M-$340M and EPS of $0.66-$0.71; the former is below a $364M consensus, but the latter is largely above a $0.66 consensus. (PR)
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  • Nov. 6, 2012, 4:52 PM
    Globecomm Systems (GCOM): FQ1 EPS of $0.12 misses by $0.05. Revenue of $81.2M (+14.4% Y/Y) misses by $1.8M. (PR)
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  • Sep. 12, 2012, 9:10 AM
    Premarket gainers: MEDW +39%. SSRX +21%. JVA +18%. NBG +13%. FB +7%. YOKU +6%. NOK +6%. AUO +5%.
    Losers: GCOM -19%. ONCY -18%. PURE -16%. XRTX -15%. MTG -11%. CIG -11%. HK -7%.
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  • Sep. 11, 2012, 4:25 PM
    More on Globecomm's FQ4: The EPS miss appears to be the result of a government infrastructure solutions contract that carried below-average margins. FY13 guidance is for revenue of $340M-$360M and EPS of $0.66-$0.76, soundly below a consensus of $404.9M and $1.11. Globecomm claims macro conditions are creating headwinds for its infrastructure business, and that Iraq/Afghanistan troop reductions are hurting its services business. GCOM -17.4% AH. (PR)
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  • Sep. 11, 2012, 4:09 PM
    Globecomm Systems (GCOM): FQ4 EPS of $0.13 misses by $0.07. Revenue of $104.8M (+18.8% Y/Y) beats by $5M. Shares -10.3% AH. (PR)
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  • May. 9, 2012, 4:55 PM
    Globecomm Systems (GCOM): FQ3 EPS of $0.13 misses by $0.05. Revenue of $111M (+77% Y/Y) beats by $11M. (PR)
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  • May. 9, 2012, 4:19 PM
    Globecomm Systems (GCOM): FQ3 EPS of $0.13 misses by $0.05. Revenue of $111M (+77.5% Y/Y) beats by $11M. (PR)
    | Comment!
  • Feb. 8, 2012, 6:00 PM
    Globecomm Systems (GCOM): FQ2 EPS of $0.41 beats by $0.16. Revenue of $95.2M (+35.6% Y/Y) beats by $6M. Shares +7.6% AH. (PR)
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  • Nov. 16, 2011, 3:38 PM
    Globecomm Systems (GCOM +7.3%) jumps after the company announced earlier that it's been awarded various infrastructure contracts valued at approximately $6.8M from a foreign government customer.
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  • May. 11, 2011, 1:54 PM
    Shares of Globecomm Systems (GCOM +10.3%) surge after news that the satellite-based communications company has hired JPMorgan as a financial advisor, a move that could lead to a sale of the company. A potential deal could value the company at $22/share, according to Deal Reporter.
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Company Description
Globecomm Systems Inc., provides end-to-end, value-added satellite-based communications solutions. The Company provides its communication solutions through two business segments; services and infrastructure.