Aruba Networks Q1 Adj. Profit Tops View - Quick Facts

(RTTNews) - Aruba Networks Inc. (ARUN) Thursday reported first-quarter GAAP net loss of $7.8 million, or $0.07 per share, wider than $0.8 million, or $0.01 per share in the year ago quarter.

Non-GAAP net income for the quarter was $18.9 million, or $0.16 per share, up from $22.1 million, or $0.18 per share in the comparable quarter last year. On average, 27 analysts polled by Thomson Reuters expected the company to report earnings of $0.14 per share for the quarter. Analysts' estimates typically exclude special items.

Meanwhile, total revenue for the latest first quarter was $160.93 million, up 11% from $144.48 million in the year ago quarter, while twenty six analysts had consensus revenue estimate of $157.58 million for the quarter.