Ruckus Wireless (RKUS)

[starbuxsux]

Ruckus Wireless beats by $0.03, reports revs in-line; guides Q4 EPS in-line, revs in-line

4:10 PM ET 11/3/14 | Briefing.com

Reports Q3 (Sep) earnings of $0.13 per share, excluding non-recurring items, $0.03 better than the Capital IQ Consensus Estimate of $0.10; revenues rose 23.4% year/year to $85 mln vs the $85.2 mln consensus. Non-GAAP gross margin grew 29.8% year-over-year to 69.9%. Non-GAAP operating income grew 154.4% year-over-year to 15.4%

Co issues in-line guidance for Q4, sees EPS of $0.11-0.13, excluding non-recurring items, vs. $0.11 Capital IQ Consensus Estimate; sees Q4 revs of 87-90 mln vs. $89.46 mln Capital IQ Consensus Estimate.