- In addition to missing Q4 revenue estimates (while posting in-line EPS), Ruckus (NYSE:RKUS) is guiding for Q1 revenue of $84M-$87M and EPS of $0.08-$0.09, below a consensus of $89.9M and $0.11.
- 14 new service provider end-customers were added in Q4, down from 20 in Q3; the base is now above 200. ~4K enterprise end-customers were added, even with Q3; the base is now above 48K.
- Gross margin was 69.6% vs. 69.9% in Q3 and 67.7% a year ago. GAAP operating expenses rose 13% Y/Y to $55.5M (compares with 18% revenue growth).
- RKUS -5.5% AH to $9.93. Q4 results, PR.