Globecomm Systems Inc. (GCOM) reported fourth quarter adjusted EPS of $0.13 after the bell Tuesday, down from $0.20 in the previous year. The consensus estimate was for EPS of $0.20. Full year 2013 GAAP EPS is expected to be between $0.66 and $0.76.
Globecomm Systems gapped open sharply lower Wednesday, but was range-bound throughout the session. Shares finished down by 2.21 at $11.09 on the highest volume of the year. The stock dropped to a one-month low.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.