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Satnews Daily
August 27th, 2009

Financially Speaking... Aruba Networks...


Aruba Networks Aruba Networks, Inc. (NASDAQ: ARUN) has released financial results for its fiscal fourth quarter and fiscal year ended July 31, 2009. Revenues for the fiscal fourth quarter of 2009 were $53.3 million, an increase of 10.5 percent over the $48.3 million reported in the fiscal fourth quarter of 2008.  GAAP net loss for the fiscal fourth quarter of 2009 improved to $4.5 million, or $0.05 per share, compared to a net loss of $6.8 million, or $0.08 per share, in the fiscal fourth quarter of 2008.   GAAP results for the fiscal fourth quarter of 2009 included $6.4 million of non-cash stock-based expenses and $1.2 million of amortization expense of acquired intangible assets. Revenues for the fiscal year ended July 31, 2009 were approximately $199.3 million, an increase of 11.8 percent from $178.3 million reported in the prior year.  GAAP net loss for the fiscal year 2009 was $23.4 million, or $0.28 per share, compared to a net loss of $17.1 million, or $0.22 per share in 2008.  Non-GAAP net income for the fiscal year was $7.6 million, or $0.08 per share, compared to non-GAAP net income of $4.0 million, or $0.04 per share in 2008. To read the entire financial report, access this direct link.