Meru Networks (MERU) Tops Q1 EPS by 1c

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Go back to Meru Networks (MERU) Tops Q1 EPS by 1c

Meru Networks Reports First Quarter 2015 Financial Results

May 4, 2015 4:24 PM EDT

SUNNYVALE, Calif., May 4, 2015 /PRNewswire/ -- Meru Networks, Inc. (NASDAQ: MERU), a leader in intelligent Wi-Fi networking, today announced its financial results for the first quarter ended March 31, 2015. 

First Quarter 2015 Financial ResultsTotal revenues for the first quarter of 2015 were $17.4 million, a decrease of 15% from $20.0 million in the first quarter of 2014.  Product revenues for the first quarter of 2015 were $12.9 million, down 18% from... More