August 29, 2014 11:32 PM ET

Communications Equipment

Company Overview of Ruckus Wireless, Inc.

Company Overview

Ruckus Wireless, Inc. provides carrier-class Wi-Fi solutions to service providers and enterprises worldwide. It provides gateways, controllers, and access points with related software and services. The company offers SmartCell Gateway, a carrier-class platform to support and manage its Smart Wi-Fi access points, as well as for the integration of Wi-Fi and other services into service provider network infrastructure; SmartCell access points that enables service providers to deploy networks within urban environments; and ZoneDirector Smart WLAN controllers that streamline the configuration and management of its access points. It also provides ZoneFlex access points, which support various virtua...

350 West Java Drive

Sunnyvale, CA 94089

United States

Founded in 2002

824 Employees

Phone:

650-265-4200

Fax:

408-738-2065

Key Executives for Ruckus Wireless, Inc.

Chief Executive Officer
Age: 55
Total Annual Compensation: $356.7K
Chief Financial Officer
Age: 39
Total Annual Compensation: $270.0K
Senior Vice President of Engineering
Age: 57
Total Annual Compensation: $225.0K
Senior Vice President of Field Operations & Business Development
Age: 62
Total Annual Compensation: $231.8K
Vice President of Global Sales
Age: 56
Total Annual Compensation: $265.0K
Compensation as of Fiscal Year 2013.

Ruckus Wireless, Inc. Key Developments

Ruckus Wireless, Inc. Presents at Oppenheimer 17th Annual Technology, Internet & Communications Conference, Aug-12-2014 02:25 PM

Ruckus Wireless, Inc. Presents at Oppenheimer 17th Annual Technology, Internet & Communications Conference, Aug-12-2014 02:25 PM. Venue: Four Seasons Hotel, 200 Boylston Street, Boston, MA 02116, United States. Speakers: Seamus Hennessy, Chief Financial Officer, Principal Accounting Officer and Member of Equity Subcommittee.

Ruckus Wireless, Inc. Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014; Provides Earnings Guidance for the Third Quarter Ending September 30, 2014 and Full Year 2014

Ruckus Wireless, Inc. announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company's total revenue was $81,000,000 compared with $63,873,000 a year ago. Operating income was $4,135,000 compared with $1,055,000 a year ago. Income before income taxes was $4,097,000 compared with $953,000 a year ago. Net income was $1,439,000 or $0.02 per basic and diluted share compared with $702,000 or $0.01 per basic and diluted share a year ago. Non-GAAP operating income was $11,136,000 compared with $6,145,000 a year ago. Non-GAAP net income was $10,832,000 million or $0.11 per diluted share compared with $5,816,000 or $0.06 per diluted share a year ago. Net cash provided by operating activities was $12,298,000 compared with $1,353,000 a year ago. For the six months, the company's total revenue was $156,052,000,000 compared with $121,114,000 a year ago. Operating income was $5,086,000 compared with $877,000 a year ago. Income before income taxes was $5,068,000 compared with $732,000 a year ago. Net income was $1,712,000 or $0.02 per basic and diluted share compared with $1,016,000 or $0.01 per basic and diluted share a year ago. Non-GAAP operating income was $18,384,000 compared with $10,327,000 a year ago. Non-GAAP net income was $17,849,000 million or $0.19 per diluted share compared with $9,807,000 or $0.10 per diluted share a year ago. Net cash provided by operating activities was $15,859,000 compared with net cash used in operating activities of $1,445,000 a year ago. For the third quarter ending September 30, 2014, the company expected total revenue in the range of $84 million to $86 million and Non-GAAP diluted net income per share, using the anticipated cash income tax method, between $0.09 and $0.11 based on 95 to 97 million shares. The company expected gross margins to be within the range of 68% and 69%, and operating margins in the range of 11% to 13%. For the year 2014, non-GAAP anticipated cash income tax rate is expected to be approximately 3%.

Ruckus Wireless, Inc., Q2 2014 Earnings Call, Jul 30, 2014

Ruckus Wireless, Inc., Q2 2014 Earnings Call, Jul 30, 2014

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