Ruckus Wireless Reports Record Fourth Quarter 2015 Revenue of $100.1 million up 16.6% year-over-year

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Go back to Ruckus Wireless Reports Record Fourth Quarter 2015 Revenue of $100.1 million up 16.6% year-over-year

Ruckus Wireless (RKUS) Attributes Revenue Miss to E-Rate Related Deal; Needham & Company Reiterates Buy

February 10, 2016 8:24 AM EST

Needham & Company maintained a Buy rating on Ruckus Wireless (NYSE: RKUS), and cut the price target to $11.00 (from $14.00), following the company's 4Q earnings report. Results of $100.1MM missed consensus of $101.9MM, while NG EPS of $0.13 met consensus. Management attributed the miss to an... More

SunTrust Downgrades Ruckus Wireless (RKUS) to Neutral

February 10, 2016 7:08 AM EST

SunTrust Robinson Humphrey downgraded Ruckus Wireless (NYSE: RKUS) from Buy to Neutral with a price target of $8.50 (from $14.00).

For an analyst ratings summary and ratings history on Ruckus Wireless click here. For more ratings news on Ruckus Wireless click here.

Shares of Ruckus Wireless closed at $7.48 yesterday.

... More

Ruckus Wireless (RKUS) Reports In-Line Q4 EPS; Offers Q1 Outlook

February 9, 2016 4:17 PM EST

Ruckus Wireless (NYSE: RKUS) reported Q4 EPS of $0.13, in-line with the analyst estimate of $0.13. Revenue for the quarter came in at $100.1 million versus the consensus estimate of $101.87 million.

GUIDANCE:

Ruckus Wireless sees Q1 2016 EPS of $0.08-$0.10, versus the consensus of... More