COMS

Overview

Highlights

News

Chart

Contacts

 

   
 
   
"Announced several major recent business contracts in the Asia Pacific region in the first half of this year."   
   
   
Approximate Financial Snapshot as of 11/24/08
Shares Outstanding 405.9M
52 Wk Hi/Lo 4.90/

1.43

Market Cap $621M
Recent Price $1.53

 

 

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3Com (COMS)

Website: www.3Com.com

A leading global provider of enterprise and networking solutions.


Overview

3COM (COMS) is a leading provider of secure, converged voice and data networking solutions for enterprises of all sizes. 3Com offers a broad line of innovative products backed by world class sales, service and support, which excel at delivering business value for its customers. Through its TippingPoint division, 3Com is a leading provider of network-based intrusion prevention systems that deliver in-depth application protection, infrastructure protection, and performance protection.

3Com’s mission is to provide customers worldwide with high-quality, low-cost networking infrastructure solutions that enable the convergence of applications and emerging technologies into the network.

In 2007, 3Com extended its leadership position in the networking industry by acquiring 100 percent ownership of its former China-based joint venture, H3C Technologies Co., Limited (H3C). With the addition of H3C, 3Com has annual revenue of $1.3 billion and more than 6,000 employees in over 40 countries.

Additionally, 3Com has more than 1,400 U.S. and nearly 180 Chinese issued patents, more than 1050 pending Chinese applications as well as pending applications for 35 separate inventions outside of China that cover a wide range of networking technologies.


COMS Investor Highlights

  • Announced a $100 million share repurchase program.
  • Revenue in the first quarter was $342.7 million compared to revenue of $319.4 million in the same period last year.
  • Net income in the first quarter was $79.8 million, or $0.20 per diluted share, compared with a net loss of $18.7 million, or $0.05 per share, in the first quarter of last year.
  • In the first quarter, 3Com generated $39.3 million in cash from operations. 3Coms cash and cash equivalents balance at August 29, 2008, was $541.4 million.
  • Trades at a Price/Book of 0.85 and a Price/Sales of 0.65.

Recent News and Press Releases

3Com Appoints New Head of Worldwide Products and Solutions to Accelerate Its High-Value Networking Strategy

3Com Stock Can't Get Much Cheaper

3Com Board of Directors Authorizes $100 Million Stock Repurchase Program

3Com Reports First Quarter Results for Fiscal 2009

3Com Provides Swisscom with Total Network Management

3Com Appoints New Corporate Controller

3Com Raises Guidance for First Quarter of FY 20099 in Strong China Business

For the latest Quote and News on COMS Click Here.


Three Month Chart



Contacts

3COM
350 Campus Drive
Marlborough, MA 01752-3064
United States - Map
Phone: 508-323-5000
Fax: 508-323-1111


SEC Filings

COMS filings with the SEC can be found here. All Fillings are current and the Company is fully reporting.


 

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