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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