Enterprise Wi-Fi gear vendor Aruba Networks (ARUN), which fell 9.7% during yesterday's selloff,...

|About: Aruba Networks, Inc. (ARUN)|By:, SA News Editor

Enterprise Wi-Fi gear vendor Aruba Networks (ARUN), which fell 9.7% during yesterday's selloff, is up 5.6% after posting FQ1 results that weren't as bad as the market feared, and guiding on its earnings call for FQ2 revenue of $124M-$126M and EPS of $0.15 (consensus of $122.5M and $0.15). Aruba is also announcing the acquisition of Avenda Networks, a provider of Wi-Fi security solutions.