Stephen Simpson, CFA
Long only, growth at reasonable price, value, research analyst

Aruba Gaining Share And Broadening Its Base

Mobile enterprise specialist Aruba Networks (NASDAQ:ARUN) hasn't completely filled the crater created in early 2013 when the company lost sales to weaker industry spending and competitive gains from Cisco (NASDAQ:CSCO), but this quarter will bring it a lot closer. More importantly, the company appears to be gaining share from its largest rival and newer offerings like ClearPass and Instant seem to be hitting their stride.

A Good Beat-And-Raise Quarter

Nothing helps a tech stock regain analyst and institutional love like a series of beat-and-raise quarters. Aruba reported that revenue rose 14% from the year-ago period and 10% sequentially in its fiscal second quarter, making it one of the better sequential growth stories. Product revenue growth was...

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