Aruba Networks (Nasdaq: ARUN) reported earnings on Aug. 23. Here are the numbers you need to know.

The 10-second takeaway
 For the quarter ended July 31 (Q4), Aruba Networks beat slightly on revenues and beat expectations on earnings per share.

Compared to the prior-year quarter, revenue expanded significantly and GAAP earnings per share dropped to a loss.

Gross margins increased, operating margins expanded, net margins contracted.

Revenue details
 Aruba Networks reported revenue of $139.2 million. The 21 analysts polled by S&P Capital IQ expected revenue of $136.9 million on the same basis. GAAP reported sales were 22% higher than the prior-year quarter's $113.8 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
 EPS came in at $0.18. The 21 earnings estimates compiled by S&P Capital IQ forecast $0.17 per share. GAAP EPS were -$0.03 for Q4 against $0.57 per share for the prior-year quarter.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
 For the quarter, gross margin was 71.4%, 290 basis points better than the prior-year quarter. Operating margin was 3.9%, 410 basis points better than the prior-year quarter. Net margin was -2.2%, 6,210 basis points worse than the prior-year quarter.

Looking ahead
 Next quarter's average estimate for revenue is $141.7 million. On the bottom line, the average EPS estimate is $0.17.

Next year's average estimate for revenue is $609.2 million. The average EPS estimate is $0.76.

Investor sentiment
 The stock has a three-star rating (out of five) at Motley Fool CAPS, with 292 members out of 319 rating the stock outperform, and 27 members rating it underperform. Among 67 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 58 give Aruba Networks a green thumbs-up, and nine give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Aruba Networks is outperform, with an average price target of $19.38.

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