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Share News - (NASDAQ:ARUN) Shares Fall On Poor Earnings
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Aruba Networks, Inc. (NASDAQ:ARUN) fell 3.44% to $9.25 after it posted quarterly results that edged past Wall Street expectations, helped by higher revenue at its two segments. For the first quarter ended Oct. 31, net loss widened to $24.7 million, or 28 cents per share, from $6.4 million, or 8 cents, a year earlier.
Aruba Networks, Inc. deliver the enterprise network to users, wherever they work or roam using a combination of solutions. The Company’s product include ArubaOS operating system, optional value-added software modules, a centralized and vendor neutral mobility management system, high-performance programmable mobility controllers, wired and wireless access points, wireless intrusion detection tools, spectrum analyzers, and endpoint compliance solutions.
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