Aerohive Networks (HIVE) Posts Q1 Loss of $0.10/Sh

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Go back to Aerohive Networks (HIVE) Posts Q1 Loss of $0.10/Sh

Aerohive Networks™ Reports Q4 2018 Results, with Third Consecutive Quarter of Non-GAAP Profitability

February 6, 2019 4:15 PM EST

MILPITAS, Calif.--(BUSINESS WIRE)-- Aerohive Networks (NYSE: HIVE), a Cloud Networking Leader, today announced financial results for its fourth quarter and fiscal year ended December 31, 2018.

The fourth quarter continued our return to growth and non-GAAP profitability, while also capping a year of innovation as we released several major new products, strengthening our overall offering and re-positioning us as an innovator in the space, stated David Flynn, President and Chief Executive Officer. We are poised for a successful 2019 with our improved operational discipline and positioning for revenue growth.

Financial Summary

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