Aerohive Networks Reports Record Fourth Quarter 2015 Revenue of $46.2 Million, up 28% year-over-year
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Go back to Aerohive Networks Reports Record Fourth Quarter 2015 Revenue of $46.2 Million, up 28% year-over-year
February 4, 2016 12:18 PM EST
PiperJaffray analyst, Troy Jensen, thinks Aerohive (NYSE: HIVE) will see "exceptional growth over the next 4 quarters" as deal sizes increase with the growth of WLAN equipment.
Aerohive reported Q4 revenues of $46.2M, which increased 27.8% Y/Y, came in slightly ahead of Street expectations of $45.9M and at the high-end of the companys prior guidance ($44 - $47M). Driving results in Q4 was... More
February 3, 2016 4:19 PM EST
(Updated - February 4, 2016 11:34 AM EST)
(Update corrects EPS to show non-GAAP figures)
Aerohive Networks (NYSE: HIVE) reported Q4 non-GAAP EPS of ($0.04) compared to a loss of ($0.09) last year. Revenue for the quarter came in at $46.2 million versus the consensus estimate of... More
