Ubiquiti Networks Inc
Cisco (CSCO) stock fell 8% today after releasing its Q4 results after the market closed yesterday. Cisco reported sales of $13.4 billion, a rise of 6% YoY.
Tech & Comm Services
Hardware networking stock Ubiquiti Networks (UBNT) fell 8.2% in the first few trading days of May.
CalAmp (CAMP) has outperformed its peers based on PE and PS. It has outperformed its ETFs based on price movement and PBV.
Aruba Networks acquisition boosts networking revenues Previously in this series, we discussed the performance of The Hewlett-Packard Company’s (HPQ) Enterprise Group in 3Q15. We also discussed the various factors and individual sub-segment contributions that helped this segment post a positive growth in 3Q15. So far, we have covered the servers and storage sub-segment performances in 3Q15. […]
Cisco credits Meraki for the acceleration in revenue growth for Cisco’s commercial segment. Cisco’s year-over-year revenue growth for this segment rose to 11% in 4Q15.
Company & Industry Overviews
The HP–Aruba deal is likely to initiate intense competition between HP and Cisco, given Aruba’s position next to Cisco’s in the wireless networking space.