Last $22.95 USD
Change Today -0.02 / -0.09%
Volume 2.5M
ARUN On Other Exchanges
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As of 4:00 PM 09/19/14 All times are local (Market data is delayed by at least 15 minutes).

aruba networks inc (ARUN) Snapshot

Open
$23.17
Previous Close
$22.97
Day High
$23.61
Day Low
$22.91
52 Week High
09/12/14 - $23.90
52 Week Low
12/12/13 - $15.97
Market Cap
2.5B
Average Volume 10 Days
2.9M
EPS TTM
$-0.27
Shares Outstanding
108.7M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for ARUBA NETWORKS INC (ARUN)

aruba networks inc (ARUN) Related Businessweek News

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aruba networks inc (ARUN) Details

Aruba Networks, Inc. provides enterprise mobility solutions worldwide. It offers access points that deliver secure Wi-Fi client access to various indoor and outdoor enterprise wireless local area network environments; and mobility controllers, which manage wired and wireless access across indoor, outdoor, and remotes locations. The company also offers mobility access switches, which enable role-based network access for wired users and devices; and remote access points (RAPs), which are single and dual-radio RAPs that offer wired and wireless network access, zero-touch provisioning, role-based access control, policy-based forwarding, air monitoring, and wireless intrusion protection. In addition, it provides airwave network management that offers clarity and control over mobile users on multi-vendor and multi-site networks; virtual intranet access client software, which provides secure Wi-Fi connectivity for Android, iOS, Mac OS, and Windows mobile devices and laptops; and outdoor wireless mesh routers that are designed to be deployed where wired connectivity is impractical or unavailable. Further, the company provides ClearPass access management system for application, device, and network usage controls. Additionally, it offers mobility applications, such as WorkSpace mobile app for bring-your-own-device; application programming interfaces for location and analytics applications; and Meridian application for visitor engagement through indoor way-finding and targeted location-based messaging, as well as provides customer support, professional, and training services. The company sells its products to general enterprise, high tech enterprise, industrial enterprise, higher education, K-12 education, health care, retail, government, finance, and hospitality industries through its direct sales force, value-added resellers and distributors, and original equipment manufacturers. Aruba Networks, Inc. was founded in 2002 and is headquartered in Sunnyvale, California.

aruba networks inc (ARUN) Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Total Annual Compensation: $400.0K
Co-Founder, Chief Technology Officer and Dire...
Total Annual Compensation: $280.0K
Chief Financial Officer and Principal Account...
Total Annual Compensation: $315.0K
Compensation as of Fiscal Year 2013.

aruba networks inc (ARUN) Key Developments

West Chester University Student Housing Goes All-Wireless with Aruba Networks Gigabit Wi-Fi

Aruba Networks, Inc. announced that West Chester University, is deploying an Aruba 802.11ac wireless LAN (WLAN) to provide connectivity to the more than 5,000 students living in West Chester's 12 residence halls and student apartments. With West Chester University's new Aruba wireless LAN, #GenMobile students can access reliable, high performing wireless in student housing and on campus. Driven by demand from students for reliable, high-performing wireless and the IT department's requirements for network security and cost efficiency, the University is rolling out Aruba solutions to their dormitories and student apartments, with the goal of transforming the majority of the student housing to all-wireless environments by the Fall 2014 semester. Having deployed an Aruba 802.11n wireless network across its academic and administrative buildings, West Chester University already realized the benefits and costs savings associated with wireless networking. Student housing posed a particular challenge for the University as it combined a number of older, wired buildings with brand new buildings designed with Wi-Fi in mind. In particular, the older buildings were not designed to accommodate the needs of the #GenMobile students who have a strong preference for Wi-Fi and are using bandwidth-intensive applications.

Aruba Networks, Inc. Reports Consolidated Unaudited Earnings Results for the Fourth Quarter and Year Ended July 31, 2014; Provides Earnings Guidance for the First Quarter of Fiscal Year 2015 and Tax Rate Guidance for the Full Year of Fiscal 2015

Aruba Networks, Inc. reported consolidated unaudited earnings results for the fourth quarter and year ended July 31, 2014. For the quarter, the company reported total revenue of $202,862,000 compared with $153,064,000 for the same period last year. Operating income was $8,463,000 compared with operating loss $20,345,000 for the same period last year. Income before income taxes was $8,480,000 compared with loss before income taxes $20,569,000 for the same period last year. Net loss was $4,086,000 or $0.04 basic and diluted per share compared with $15,581,000 or $0.14 basic and diluted per share for the same period last year. Non-GAAP net income was $27,580,000 or $0.24 per share compared with $15,774,000 or $0.13 per share for the same period last year. Non-GAAP operating income was $40,565,000 compared with $22,458,000 for the same period last year. For the year, the company reported total revenue of $728,933,000 compared with $600,044,000 for the same period last year. Operating loss was $265,000 compared with $12,016,000 for the same period last year. Income before income taxes was $405,000 compared with loss before income taxes of $10,225,000 for the same period last year. Net loss was $28,965,000 or $0.27 basic and diluted per share compared with $31,608,000 or $0.28 basic and diluted per share for the same period last year. Non-GAAP operating income was $128,397,000 compared with $111,649,000 for the same period last year. Net cash provided by operating activities was $112,692,000 compared with $153,213,000 for the same period last year. Purchases of property and equipment were $19,417,000 compared with $20,655,000 for the same period last year. Purchases of intangible assets were $2,750,000. Non-GAAP net income was $90,637,000 or $0.77 per share compared with $79,220,000 or $0.64 per share for the same period last year. For the first quarter of fiscal year 2015, the company expects revenue to be in the range of $202 million to $205 million, an increase of 26% to 27% year-over-year. Non-GAAP EPS to be approximately $0.24 to $0.25 per share, an increase of 50% to 56% year-over-year. For the full year of 2015, the company expects non-GAAP tax rate to be in the range of 30% to 32%. The increase in tax rate for fiscal year 2015 is due in part to the cost optimization efforts.

Aruba Networks, Inc. Announces Microsoft Lync Qualified 802.11ac Wi-Fi Solution

Aruba Networks, Inc. announced that its indoor and outdoor enterprise 802.11ac Wi-Fi access points (APs) are to be qualified under the Microsoft Lync Server Wi-Fi qualification program. The qualification program ensures that products conform to Microsoft's stringent guidelines for end-user voice and video quality. With this qualification, enterprises of all sizes can now leverage the speed and reliability of Aruba gigabit Wi-Fi to ensure predictable unified communications experiences. The significant growth of #GenMobile employees using Lync-enabled smartphones, laptops and tablets has placed increased strain on enterprise Wi-Fi infrastructures, boosting demand for a Lync-qualified 802.11ac solution. With its patented ClientMatch(TM) technology, which intelligently steers mobile devices to the ideal AP, and AppRF technology, which prioritizes and improves the reliability of Lync traffic, Aruba's AP-200, AP-210, AP-220, and AP-275 Series of 802.11ac APs are ideal for enterprises seeking cost-effective, reliable and high-performance wireless solutions on which to run Lync unified communications.

 

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Price/Book 7.4x
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TEV/Sales 3.0x
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