26.08.2014 22:13:19

Aruba Networks Q4 Loss Narrows - Quick Facts

(RTTNews) - Aruba Networks Inc. (ARUN) Tuesday reported fourth-quarter GAAP net loss of $4.1 million, or $0.04 per share, narrower than $15.6 million, or $0.14 per share in the year ago quarter.

Non-GAAP net income for the quarter was $27.6 million, or $0.24 per share, up from $15.8 million, or $0.13 per share in the comparable quarter last year. On average, 32 analysts polled by Thomson Reuters expected the company to report earnings of $0.23 per share for the quarter. Analysts' estimates typically exclude special items.

Meanwhile, total revenue for the latest fourth quarter was $202.86 million, up 33% from $153.06 million in the year ago quarter, while thirty analysts had consensus revenue estimate of $194.85 million for the quarter.

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