Gigamon’s recent share volatility and first quarter results were an “anomaly” says the company’s CEO Paul Hooper. While the company still showed over 20% year over year sales growth, a delayed deal from a large existing customer forced the company to lower Q1 guidance in early April, slamming the stock. Hooper expects smoother sailing for the network data traffic technology firm going forward, saying its sales and new product pipelines are healthy in an under-penetrated market for traffic and visibility products.
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