Huge Move In Aruba Networks After Earnings (ARUN)

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Aruba Networks
ARUN
released its quarterly earnings after the closing bell on Thursday. The company reported EPS of $0.14 compared to analysts' consensus estimates of $0.13 and $0.06 in the year ago period. Revenues were up 49.8% year over year. During Friday's trading session, ARUN shares have jumped around 16% to $30.93 as investors cheer the companies earnings results. The stock is currently trading at all-time highs. Aruba Networks, Inc. connects local and remote users to corporate information technology (
IT
) resources via distributed enterprise networks.
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Posted In: EarningsNewsIntraday UpdateMoversCommunications EquipmentInformation TechnologyIT Consulting & Other Services
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