Blog Archives

ShoreTel Quarterly Report Shows Strong Gains

By: Jack McCarthy, Content Manager Google+ icon for profile link

ShoreTel experienced strong revenue gains and added a record number of customers during its third fiscal quarter financial report, released Tuesday. For the quarter ending March 31, 2013, ShoreTel reported revenue of $78.3 million, up 39 percent from the same quarter last year. The non-GAAP net loss for the third quarter was $0.3 million, compared […]

ShoreTel Reports Financial Results for Second Quarter of Fiscal Year 2013 – Cloud Division Growth Drives 29 Percent Year Over Year Revenue Improvement

By: ShoreTel, Brilliantly Simple Google+ icon for profile link

 “Our ShoreTel Sky business continues to be very strong with December marking our best month of cloud bookings in our history”, said Peter Blackmore, president and CEO of ShoreTel.  “We were also pleased to sign a record number of new cloud customers, which together with a strong backlog and low churn, drove 9 percent sequential […]

ShoreTel Reports Financial Results for First Quarter of Fiscal Year 2013

By: ShoreTel, Brilliantly Simple Google+ icon for profile link

 “I am increasingly convinced in the potential of the UC market and that ShoreTel’s future is bright. Our cloud business delivered impressive growth this quarter, and together with our robust premise business, ShoreTel offers a unique choice to customers for a cloud, premise or mobile UC solution. Our recent success speaks for itself. We have […]

ShoreTel Fiscal Year 2012

By: Peter Blackmore, CEO

I am proud of the team’s accomplishments for the quarter, which capped off a significant year for ShoreTel. As we reported yesterday, during the fourth quarter we delivered revenue growth of 39 percent with revenue of $78.5 million, which was above our guided range of $72 to $77 million. In Fiscal 2012, our revenue rose […]

ShoreTel Fourth Quarter and Fiscal Year 2012 Earnings Results

By: ShoreTel, Brilliantly Simple Google+ icon for profile link

For the fourth quarter of fiscal 2012, consolidated revenue was $78.5 million, an increase of 39 percent sequentially over the third quarter of fiscal 2012 and an increase of 39 percent from the fourth quarter of fiscal 2011. Fourth quarter revenue includes a full quarter of revenue from the Cloud division, formerly M5 Networks, which […]

ShoreTel Reports Financial Results For 2012 Third Quarter

By: ShoreTel, Brilliantly Simple Google+ icon for profile link

ShoreTel announced our financial results for the third quarter of fiscal year 2012 today, which ended March 31, 2012. ShoreTel’s consolidated results include eight days of operating results from ShoreTel’s cloud division, formerly known as M5 Networks, as the acquisition closed on March 23, 2012. For the third quarter of fiscal year 2012, consolidated revenue […]

ShoreTel Generates Record Revenues of $58 Million in Q2

By: Peter Blackmore, CEO

For the second fiscal quarter of 2012, ShoreTel generated record revenues of $58 million, an increase of 22% over the second quarter of fiscal 2011 and an eight percent increase from the previous quarter. Non-GAAP gross margins were 66.1% – down slightly from last quarter, as more of our business moved to two-tier distribution in […]

Results From Our First Quarter Fiscal Year 2012

By: Peter Blackmore, CEO

Yesterday we reported ShoreTel’s financial results for our first quarter fiscal year 2012 and I wanted to give you an update. ShoreTel generated revenue of $53.9 million, an increase of 22% over the first quarter of fiscal 2011, and in line with our overall revenue guidance of at least 20% for the year. On a […]

Navigating Economic Uncertainty

By: Geoff Murase, Sr. Product Marketing Manager

The recent stock market gyrations have given financial decision makers cause for concern over making further investments in IT. Many economists now believe that the economic recovery that began in 2009 has stalled and we’re possibly entering another period of slow growth – the dreaded double-dip. ShoreTel recently announced its quarterly results and Kevin Gavin, […]

ShoreTel Ends Full Year 2011 on a High Note

By: Peter Blackmore, CEO

It is great to report that we ended our fiscal year on a high note and that we enter Fiscal 2012 with positive momentum. The investments we have made in our sales channel, product development and branding over the past several quarters have helped us close fiscal 2011 strongly. In the fourth quarter, we recorded […]

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