Technology: Ruckus Q4 Earnings, Q1 Outlook Beat, But Stock Falls

Started by MikeLigalig.com, February 18, 2013, 01:29:11 PM

Previous topic - Next topic

MikeLigalig.com

Ruckus Q4 Earnings, Q1 Outlook Beat, But Stock Falls

Shares of Ruckus Wireless (RKUS) were down nearly 6% in after-hours trading Tuesday, after the highflying IPO's results and guidance beat views, but perhaps not by as much as some investors hoped. In a pre-earnings research note released Monday, William Blair analyst Jason Ader said, "We believe the stock is likely to be driven by upward revisions to revenue and earnings, which we believe will be significant given the carrier Wi-Fi market's growth

Source: Ruckus Q4 Earnings, Q1 Outlook Beat, But Stock Falls
For God so loved the world, that he gave his only Son (Jesus Christ), that whoever believes in him should not perish but have eternal life. For God did not send his Son into the world to condemn the world, but in order that the world might be saved through him. Whoever believes in him is not condemned, but whoever does not believe is condemned already, because he has not believed in the name of the only Son of God. - John 3:16-18

● ● ● ●
MOST AFFORDABLE health insurance HMO in the Philippines. Learn more at https://kwik.insure/at/mligalig