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Wireless

Aerohive Networks posts small adjusted profit on revenues up 7% in Q4

Thursday 7 February 2019 | 08:57 CET | News
Aerohive Networks announced fourth-quarter revenues up 7 percent year-on-year to USD 38.1 million. The gross margin fell to 65.6 percent from 68.5, and the net loss widened to USD 5.8 million from USD 4.1 million a year ago. On an adjusted basis, net profit was stable at USD 0.4 million. 

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Categories: Mobile & Wireless
Companies: Aerohive Networks
Countries: World
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