Aruba Networks Q2 Adj. Profit Tops View - Quick Facts

(RTTNews) - Aruba Networks Inc. (ARUN) Thursday reported second-quarter GAAP net loss of $10.7 million, or $0.10 per share, compared to net income of $5.0 million, or $0.04 per share in the year ago quarter.

Non-GAAP net income for the quarter was $21.4 million, or $0.18 per share, down from $27.3 million, or $0.22 per share in the comparable quarter last year. On average, 24 analysts polled by Thomson Reuters expected the company to report earnings of $0.17 per share for the quarter. Analysts' estimates typically exclude special items.

Meanwhile, total revenue for the latest second quarter was $176.36 million, up 14% from $155.36 million in the year ago quarter, while twenty three analysts had consensus revenue estimate of $167.57 million for the quarter.