Aruba Networks Inc. (ARUN) reported third quarter non-GAAP net income of $0.11 per share after the bell Thursday, down from $0.16 in the previous year. The consensus estimate was for EPS of $0.15.
Aruba Networks gapped open sharply lower Friday and is now down 4.93 at $12.68 on strong volume. The stock is now testing support near the lows of the year, trading at over a 9-month low.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.