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TheStreet Open House

Why Aruba Networks (ARUN) Stock Is Up in After-Hours Trading Today

Stocks in this article: ARUN

NEW YORK (TheStreet) -- Aruba Networks (ARUN) was gaining -0.3% to $20.30 after-hours Tuesday despite beating analysts' estimates for earnings and revenue in the fiscal fourth quarter.

For the fourth quarter Aruba Networks reported earnings of 24 cents a share, beating the Capital IQ Consensus Estimate of 23 cents a share by 1 cent. Revenue grew 32.5% from the year-ago quarter to $202.86 million, above analysts' estimates of $194.83 million.

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TheStreet Ratings team rates ARUBA NETWORKS INC as a Sell with a ratings score of D+. TheStreet Ratings Team has this to say about their recommendation:

"We rate ARUBA NETWORKS INC (ARUN) a SELL. This is driven by a number of negative factors, which we believe should have a greater impact than any strengths, and could make it more difficult for investors to achieve positive results compared to most of the stocks we cover. Among the areas we feel are negative, one of the most important has been an overall disappointing return on equity."

You can view the full analysis from the report here: ARUN Ratings Report

ARUN Chart ARUN data by YCharts

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Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

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