Aerohive Networks (HIVE) stock prices updated...
 

Aerohive Networks stock price

Aerohive Networks latest news:


  • 01/17/2018 13:39:00

    Why Aerohive Networks Inc. Stock Plunged Today

    Sales execution issues hurt the enterprise mobility leader's top line toward the end of the year. Here's what investors need to know.

  • 01/16/2018 14:54:11

    BRIEF-Aerohive Networks Sees Q4 Revenue About $37 Million

    Aerohive Networks Inc(HIVE): * AEROHIVE NETWORKS ANNOUNCES PRELIMINARY FOURTH QUARTER 2017 FINANCIAL RESULTS. * SEES Q4 REVENUE ABOUT $37 MILLION. * - EXPECTS Q4 NON-GAAP GROSS MARGIN TO BE BETWEEN 67.5 PERCENT AND 68.5 PERCENT. * - EXPECTS Q4 GAAP GROSS MARGIN BETWEEN 67 PERCENT AND 68 PERCENT Source text for Eikon: Further company coverage:

  • 01/16/2018 14:34:54

    Aerohive Networks warns on fourth-quarter revenue, shares down 18%

    Aerohive Networks Inc.(HIVE) warned Tuesday that fourth-quarter revenue will be lower than the company's previous guidance. Aerohive said that it expects revenue of about $37 million for the final quarter of 2017, after previously stating expectations of $40 million to $42 million. The company said it expects to report a net loss of $3 million to $4 million, but a non-GAAP operating profit after subtracting stock-based compensation and other effects.

  • 01/16/2018 14:28:00

    Aerohive Networks warns on fourth-quarter revenue

    Aerohive Networks Inc. warned Tuesday that fourth-quarter revenue will be lower than the company's previous guidance. Aerohive said that it expects revenue of about $37 million for the final quarter of 2017, after previously stating expectations of $40 million to $42 million. The company said it expects to report a net loss of $3 million to $4 million, but a non-GAAP operating profit after subtracting stock-based compensation and other effects. "Following the change in our sales leadership at the end of our third quarter, we uncovered underlying sales execution issues which became fully apparent in the last month of the fourth quarter," Chief Executive David Flynn said in Tuesday's announcement. "We have taken actions to replace underperforming sales team members, and we believe that the new people we have been putting in place, combined with other actions, will enable us to capitalize on our improved product offering and exciting roadmap in 2018." The company expects to fully report fourth-quarter earnings on Feb. 8. Aerohive shares were not immediately active in after-hours trading.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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