Ruckus Off 5% Despite Q4 Beat; Q1 View In-Line
Posted on February 12, 2013 at 17:32 PM EST
Shares of wireless equipment provider Ruckus Wireless (RKUS) are down $1.37, or 5%, at $24.50 in late trading after the company this afternoon reported Q4 revenue and earnings per share that topped analysts’ estimates, and projected this quarter’s results higher than consensus as well. Revenue in the three months ended in December rose 51%, year [...]