Ruckus Wireless (RKUS) Tops Q1 EPS by 3c

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Ruckus Wireless Reports First Quarter 2016 Revenue of $100.6 million, up 22.5% year-over-year

May 2, 2016 4:15 PM EDT

SUNNYVALE, Calif., May 2, 2016 /PRNewswire/ -- Ruckus Wireless, Inc. (NYSE: RKUS) today announced financial results for its first quarter of 2016 ended March 31, 2016.

Financial Summary

Revenue for the first quarter of 2016 was $100.6 million, an increase of 22.5% from the first quarter of 2015.

Non-GAAP net income was $12.2 million for the first quarter of 2016, compared with non-GAAP net income of $6.5 million for the first quarter of 2015. Non-GAAP operating income was $12.4 million for the first quarter of 2016, compared with non-GAAP... More