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Last $1.33 USD
Change Today +0.07 / 5.56%
Volume 119.5K
As of 8:10 PM 05/4/15 All times are local (Market data is delayed by at least 15 minutes).

meru networks inc (MERU) Snapshot

Open
$1.28
Previous Close
$1.26
Day High
$1.36
Day Low
$1.28
52 Week High
07/23/14 - $4.50
52 Week Low
04/22/15 - $1.20
Market Cap
32.3M
Average Volume 10 Days
136.6K
EPS TTM
$-0.81
Shares Outstanding
24.3M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for MERU NETWORKS INC (MERU)

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meru networks inc (MERU) Related Businessweek News

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meru networks inc (MERU) Details

Meru Networks, Inc., together with its subsidiaries, provides virtualized wireless local area network (LAN) solutions. Its virtualized wireless LAN solution is based on its System Director Operating System, which runs on its controllers and access points. The company’s System Director Operating System offers centralized coordination and control of various access points on the network. It also offers controllers that synchronize access points to optimize the user experience and manage traffic on the network; Wi-Fi-certified access points that provide network connectivity for wireless devices; and bring-your-own-device (BYOD) and policy management solutions are designed to automate secure guest access. In addition, the company provides Meru Center, a wireless application platform, which unifies network applications under a single platform and permits activation of pre-installed network tool; SA250 and SA2000 Services Appliances that provides the hardware platform for the company’s applications focused on WLAN management and security; and XPress Cloud that provides enterprises with remote management capabilities to operate their network. Further, it offers customer support, professional, and training services. The company serves education, healthcare, hospitality, manufacturing, retail, technology, finance, government, telecom, transportation, and utilities markets. Meru Networks, Inc. sells its products primarily through value added resellers and distributors worldwide. The company was founded in 2002 and is headquartered in Sunnyvale, California.

381 Employees
Last Reported Date: 02/27/15
Founded in 2002

meru networks inc (MERU) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: $450.0K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $305.0K
Senior Vice President of Worldwide Engineerin...
Total Annual Compensation: $349.2K
Vice President and General Manager of Educati...
Total Annual Compensation: $225.0K
Compensation as of Fiscal Year 2014.

meru networks inc (MERU) Key Developments

Meru Networks, Inc. to Report Q1, 2015 Results on May 04, 2015

Meru Networks, Inc. announced that they will report Q1, 2015 results at 5:00 PM, US Eastern Standard Time on May 04, 2015

Meru Networks, Inc., Q1 2015 Earnings Call, May 04, 2015

Meru Networks, Inc., Q1 2015 Earnings Call, May 04, 2015

Meru Networks, Inc. Announces Executive Changes; Reaffirms Earnings Guidance for the First Quarter of 2015

Meru Networks, Inc. announced a restructuring of its sales organization with geographic sales vice presidents reporting directly to the CEO, eliminating a layer of sales management and streamlining its sales operations. Effective immediately, Tom Palomaki, Vice President of Sales North America, and David Kelly, Vice President of Sales International, will report directly to Dr. Bami Bastani, President and CEO of Meru Networks. Larry Vaughan, Senior Vice President Worldwide Sales & Field Operations, is departing the company. The company had realized significant cost reductions in all departments and believes that the company had lowered quarterly breakeven sales level to approximately $21 million to $22 million. The company expects to achieve first quarter results slightly better than current analyst consensus for both quarterly revenues and non-GAAP earnings per share.

 

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Company Lookup
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MERU:US $1.33 USD +0.07

MERU Competitors

Market data is delayed at least 15 minutes.

Company Last Change
D-Link Corp 15.70 TWD -0.30
Extreme Networks Inc $2.55 USD +0.01
LogMeIn Inc $64.48 USD +0.58
NETGEAR Inc $30.45 USD +0.20
Sycamore Networks Inc $0.38 USD +0.0049
View Industry Companies
 

Industry Analysis

MERU

Industry Average

Valuation MERU Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.3x
Price/Book 14.5x
Price/Cash Flow NM Not Meaningful
TEV/Sales 0.1x
 | 

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