The networking products specialist fell on light preliminary results.
News & Analysis: Ruckus Wireless
The storage and networking provider’s $1.2 billion deal for the growing wireless supplier was not appreciated by investors.
The mobile wireless Internet hardware specialist is being acquired by Brocade.
The advanced wireless infrastructure company released a solid quarterly report and forward outlook.
The mobile wireless infrastructure specialist released solid quarterly results and an encouraging outlook.
Top-line revenue gains fail to hit the bottom line as weak guidance spooks investors. Promising partnerships and a low-end offering suggest a fix is in the works, but the terms need to be right.
Decent third-quarter results and continued strong growth in fourth-quarter guidance figures couldn't overcome investor nerves regarding the health of Ruckus' Asian markets.
The market for enterprise-class wireless access points welcomed the company's next-generation product line with open arms.
11:35 a.m. ET: The business-grade Wi-Fi expert made up for some of its low-growth sins with a strong second-quarter report that bumped shares up 16.5%. It's all about next-generation gigabit networks right now.
The business-grade Wi-Fi networking specialist hopes to keep the sales momentum going with big-ticket partnerships and next-generation networking products.