Ruckus Wireless Inc. (RKUS) reported first quarter non-GAAP EPS of $0.03 after the bell Monday, down from $0.07 a year ago. The consensus estimate was for EPS of $0.04. Second quarter non-GAAP EPS is expected to be between $0.03 and $0.04. The consensus estimate is for EPS of $0.04. The stock is now down 3.20 on 66K shares.
Ruckus Wireless rose above Monday's range going into the close and finished with a gain of 0.93 at $19.00. The stock closed near the middle of a week and a half long range.
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