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Aruba Networks Inc. (ARUN) Sank To A 9-Month Low After Weak Q3 Report

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
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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 dramatically lower Friday, but moved in a narrow range throughout the session. Shares finished down by 4.51 at $13.10 on the highest volume of the year. The stock sank to over a 9-month low.

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