Aruba Networks Gained Against Cisco Systems In Q4

By | August 27, 2014

Scalper1 News

Aruba Networks (ARUN) stock hit a six-month high Wednesday, a day after the company released fourth-quarter earnings that beat analyst estimates due to its successful competition with rival Cisco Systems and strong sales in the U.S. and elsewhere. The maker of wireless networking and security products gave top- and bottom-line estimates for the current quarter that also beat Wall Street views. Aruba also said it would cut about 70 workers, about Scalper1 News

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