Globecomm Systems Inc. (GCOM: Quote) 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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by RTT Staff Writer
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