Thursday, February 26, 2015

Aruba Posts Record Revenue of $213 Million, up 21%

Aruba Networks reported record revenue of $212.9 million for its Q2'15, up 21 percent from the $176.4 million reported in Q2’14. GAAP net income for Q2’15 was $5.7 million, or $0.05 per diluted share, compared with a GAAP net loss of $10.7 million, or a loss of $0.10 per share, in Q2’14.


“We are pleased to report solid results for the second quarter, reflecting continued execution on our strategic plan,” said Dominic Orr, president and chief executive officer, Aruba Networks. “Our results were supported by continued growth in our key geographies, strong year-over-year performance in our Federal vertical, further success in penetrating the Global 2000, and increasing traction in our SME business. We believe we are well positioned to capitalize on the continued growth in WLAN, the potential opportunities from increased E-Rate funding later this year, and the continued 802.11ac refresh cycle.”

http://news.arubanetworks.com/