Market Report -- In Play (ARUN)

November 19, 2009 4:07 PM ET

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Stocks mentioned in this article: Aruba Networks Inc (ARUN) Stock Quote, Chart, News, Add to Watchlist
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Aruba Networks reports EPS in-line, beats on revs Reports Q1 (Oct) earnings of $0.04 per share, in-line with the First Call consensus of $0.04; revenues rose 9.9% year/year to $57.6 mln vs the $56 mln consensus. Co states, "In our first fiscal quarter, we were able to show strong improvements in revenues and gross margins on both a year-over-year and sequential basis. We also generated operating cash flow of $10.5 mln during the period, and ended the quarter with $135.6 mln in cash and investments. The $19.75 mln of cash related to the litigation settlement was paid in November 2009."

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