Ruckus Wireless (RKUS) Attributes Revenue Miss to E-Rate Related Deal; Needham & Company Reiterates Buy

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SunTrust Downgrades Ruckus Wireless (RKUS) to Neutral

February 10, 2016 7:08 AM EST

SunTrust Robinson Humphrey downgraded Ruckus Wireless (NYSE: RKUS) from Buy to Neutral with a price target of $8.50 (from $14.00).

For an analyst ratings summary and ratings history on Ruckus Wireless click here. For more ratings news on Ruckus Wireless click here.

Shares of Ruckus Wireless closed at $7.48 yesterday.

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Ruckus Wireless (RKUS) Reports In-Line Q4 EPS; Offers Q1 Outlook

February 9, 2016 4:17 PM EST

Ruckus Wireless (NYSE: RKUS) reported Q4 EPS of $0.13, in-line with the analyst estimate of $0.13. Revenue for the quarter came in at $100.1 million versus the consensus estimate of $101.87 million.

GUIDANCE:

Ruckus Wireless sees Q1 2016 EPS of $0.08-$0.10, versus the consensus of... More

Trading Radar for 2/9: Disney (DIS), Coca-Cola (KO), Viacom (VIAB), Nuance (NUAN), CVS Health (CVS) Report

February 8, 2016 2:35 PM EST

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Before Markets Open:
Earnings:

AECOM Technology (NYSE: ACM) - consensus EPS $0.60
Agrium (NYSE: AGU) - consensus EPS $1.38
Allot Communications (Nasdaq: ALLT) - consensus EPS $0.04
American Superconductor (Nasdaq: AMSC) - consensus loss $0.49
Apollo Investment Corporation (Nasdaq: AINV) - consensus EPS $0.21
Belden (NYSE: BDC) -... More