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Aerohive Networks reports preliminary Q3 results below expectation

  • Aerohive Networks (NASDAQ:HIVE): now expects Q3 Non-GAAP EPS in the range of ($0.06) - ($0.07) vs. prior guidance of ($0.01) - ($0.07) and a consensus of ($0.04).
  • Revenue of $40M (-6.5% Y/Y) vs. prior guidance of $46M - $50M and a consensus of $47.96M.
  • Shares -7% AH
  • Press Release

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