Aerohive Networks (HIVE) Posts Q3 Loss of $0.12/Share

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Go back to Aerohive Networks (HIVE) Posts Q3 Loss of $0.12/Share

Aerohive Networks Reports Q3 2017 Results

November 1, 2017 4:16 PM EDT

MILPITAS, Calif.--(BUSINESS WIRE)-- Aerohive Networks® (NYSE: HIVE), a Cloud Networking Leader, today announced financial results for its third quarter ended September 30, 2017.

Our third quarter was highlighted by margin performance and EPS at the high end of our guidance ranges, along with strong increases in cash and short-term investments, stated David Flynn, President and Chief Executive Officer. Were also pleased with the continued progress we have made on our product roadmap and that Dell EMC had the confidence in us to invest in moving to a full OEM relationship, which we announced today.

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