Ruckus Wireless (RKUS) Misses Q1 EPS by 1c, Offers Q2 Guidance

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Ruckus Wireless Reports First Quarter 2015 Financial Results

April 30, 2015 4:05 PM EDT

SUNNYVALE, Calif., April 30, 2015 /PRNewswire/ -- Ruckus Wireless, Inc. (NYSE: RKUS) today announced financial results for its first quarter of 2015 ended March 31, 2015.

Financial Summary

Revenue for the first quarter of 2015 was $82.1 million, an increase of 9.4% from the first quarter of 2014. Revenue for the quarter was impacted by large deals in our North American enterprise business taking longer to close and by continued delays in education spending in advance of the upcoming release of E-Rate... More