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Aruba Networks Inc. Rose To A New High Following Q4 Report

Aruba Networks Inc. (ARUN) reported fourth quarter non-GAAP net income of $0.10 after the bell Thursday, up from $0.03 in the prior year period. The consensus estimate was for EPS of $0.09.

Aruba Networks Inc. gapped open higher Friday and climbed throughout the early portion of the afternoon. Shares finished up by 1.82 at $18.39 on the highest volume in 6 months. The stock rose above a one-month trading range and closed at a new high for the year.

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