Aerohive Networks (HIVE) Posts Q3 Loss of $0.12/Share

Aerohive Networks (NYSE: HIVE) reported Q3 EPS of ($0.12), which may not compare to the analyst estimate of ($0.05). Revenue for the quarter came in at $37.1 million versus the consensus estimate of $38.42 million.

On a non-GAAP basis, net loss was $1.6 million for the third quarter of fiscal year 2017, compared with a net loss of $3.3 million for the third quarter of 2016. Non-GAAP gross margin was 66.8% for the third quarter of fiscal year 2017, compared with 68.5% for the third quarter of 2016.

For earnings history and earnings-related data on Aerohive Networks (HIVE) click here.

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