Tag Archives: rkus

Ruckus Sales Outlook Weak On Education Spending

Ruckus Wireless (RKUS) stock fell Wednesday after the maker of Wi-Fi and other wireless network gear posted revenue late Tuesday that fell short of Wall Street expectations. On a conference call with analysts, Ruckus executives attributed the weak sales forecast to a slowdown in education spending. The enterprise market — big corporate, government, education and health system customers — has the highest average selling prices and margins for

Aruba, Wi-Fi Gear Makers Seen Competing In Software

Corporate upgrades to next-generation Wi-Fi technology will boost network gear makers, but share gains are largely already built into stocks, says Morgan Stanley. Analyst James Faucette rates Aruba Networks (ARUN), Aerohive Networks (HIVE) and Ubiquiti Networks (UBNT) equal weight, and Ruckus Wireless (RKUS) as underweight. The enterprise market — big corporate, government, education and health system customers — has the highest average selling