UPDATE: Aruba Networks Posts Rise In FQ4 Revenue

Aruba Networks

posted a loss in the fiscal fourth-quarter. Aruba Networks posted a quarterly loss of $3 million, or $0.03 per share, versus a year-ago profit of $68.2 million, or $0.57 per share. Excluding other items, Aruba Networks earned $0.18 per share. Its revenue surged 22% to $139.2 million. The company in May expected earnings of $0.16 to $0.17 per share on revenue of $136 million to $138 million. Its gross margin surged to 71.4% from 68.5%. Its product revenue surged 20% to $117.1 million. Aruba Networks shares jumped 15.13% to $19.48 in after-hours trading.