Procera Networks Inc. (PKT) reported fourth quarter non-GAAP net income of $0.12 per share Thursday morning, down from $0.15 per share last year. The consensus estimate was for EPS of $0.14.
Procera Networks gapped open sharply lower Thursday and is now down 4.70 at $12.10 on above average volume. The stock has plummeted to a new low for the year.
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