Aruba Guidance Light On Schools, CEO Mum On HP Bid

By | February 27, 2015

Scalper1 News

Aruba Networks (ARUN) stock rose in early trading Friday, after the gear maker late Thursday had no comment on Hewlett-Packard takeover speculation in reporting a fiscal Q2 beat but light guidance. Federal government sales helped Q2 earnings and revenue beat Wall Street expectations, but its current-quarter outlook fell short on weaker spending in the education market. Still, many analysts say an HP-Aruba merger would make sense. The results came Scalper1 News

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