Aruba Networks Beats Q1 Views, But Forecast Weaker

By | November 20, 2014

Scalper1 News

Enterprise wireless up-and-comer Aruba Networks beat Wall Street revenue and profit views late Thursday as fiscal first-quarter revenue jumped 29% over the prior year to $207.8 million and earnings rose 62.5% to 26 cents per share. Revenue came in nearly $5 million more than analysts had expected. Earnings beat by a penny. But Aruba (ARUN) sees Q2 EPS of 26-27 cents on revenue of $208 million-$212 million. Analysts see EPS of 27 cents on revenue Scalper1 News

Scalper1 News