Aerohive Networks Reports First Quarter 2015 Financial Results

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Go back to Aerohive Networks Reports First Quarter 2015 Financial Results

Dougherty & Co Upgrades Aerohive Networks (HIVE) to Buy

May 7, 2015 9:54 AM EDT

Dougherty & Co upgraded Aerohive Networks (NYSE: HIVE) from Neutral to Buy with a price target of $8.00. Analyst Catharine Trebnick thinks the company is showing solid signs of stabilization, and she noted recent agreements with Dell and Apple.

"Aerohive Networks delivered revenue of $25.8M in... More

Aerohive Networks (HIVE) Posts Wider-than-Expected Q1 Loss, Sales Miss

May 6, 2015 4:19 PM EDT

Aerohive Networks (NYSE: HIVE) reported Q1 EPS of ($0.35), $0.09 worse than the analyst estimate of ($0.26). Revenue for the quarter came in at $25.8 million versus the consensus estimate of $26.8 million.

Our first quarter results were in-line with the revised guidance range we provided on April 13.... More