Thursday, August 22, 2013

Reuters: Technology News: Aruba Networks posts higher quarterly revenue

Reuters: Technology News
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Aruba Networks posts higher quarterly revenue
Aug 22nd 2013, 20:13

Thu Aug 22, 2013 4:13pm EDT

(Reuters) - Network-equipment maker Aruba Networks Inc reported a 10 percent rise in fourth-quarter revenue as demand for its products rose and it added new customers.

Net loss widened to $16.3 million, or 14 cents per share, in the three months ended July from $3 million, or 3 cents per share, a year earlier.

Revenue rose to $153.1 million from $139.2 million.

Excluding items, the company earned 12 cents per share.

Aruba's products provide secure network access across wireless and wired networks.

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