Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $10.83 USD
Change Today +0.05 / 0.46%
Volume 124.8K
RKUS On Other Exchanges
Symbol
Exchange
New York
Berlin
As of 10:02 AM 05/4/15 All times are local (Market data is delayed by at least 15 minutes).

ruckus wireless inc (RKUS) Snapshot

Open
$10.78
Previous Close
$11.68
Day High
$10.93
Day Low
$10.74
52 Week High
09/10/14 - $15.21
52 Week Low
05/15/14 - $8.65
Market Cap
937.5M
Average Volume 10 Days
1.4M
EPS TTM
$0.08
Shares Outstanding
86.6M
EX-Date
--
P/E TM
135.4x
Dividend
--
Dividend Yield
--
Current Stock Chart for RUCKUS WIRELESS INC (RKUS)

ruckus wireless inc (RKUS) Related Businessweek News

No Related Businessweek News Found

ruckus wireless inc (RKUS) Details

Ruckus Wireless, Inc. provides carrier-class Wi-Fi solutions to service providers and enterprises worldwide. It provides gateways, controllers, and access points with related software and services. The company offers SmartCell, a line of carrier-grade wireless access and management products that include specialized hardware products, such as SmartCell Gateways and SmartCell Access Points, as well as software solutions comprising virtualized SmartCell Gateway and SmartCell Insight software platforms. It also provides ZoneFlex indoor and outdoor access points, which support various virtual WLANs, Wi-Fi encryption, and advanced traffic handling, as well as point-to-point and multipoint bridges. In addition, the company offers Ruckus SPoT Smart Positioning Technology, a cloud-based smart Wi-Fi location-based services platform; Smart Access Management Service, a hosted public cloud-based Wi-Fi access service; and Xclaim, a line of controller-less Wi-Fi products targeted for small businesses that have little to no information technology expertise in-house. Further, it provides technical support and maintenance programs for its hardware and software products comprising problem identification and resolution services, software hot fixes, and software error corrections, as well as software updates on an if and when available basis. The company serves enterprise end-customers in various industries, including hospitality; education; warehousing and logistics; corporate enterprise; retail; state and local governments; healthcare; and public venues, such as stadiums, convention centers, airports, and outdoor public areas, as well as serves mobile operators, cable companies, and fixed-line operators. The company was formerly known as Video54 Technologies, Inc. Ruckus Wireless, Inc. was incorporated in 2002 and is headquartered in Sunnyvale, California.

940 Employees
Last Reported Date: 02/25/15
Founded in 2002

ruckus wireless inc (RKUS) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: $636.9K
Co-Founder, Chief Technology Officer and Dire...
Total Annual Compensation: $248.7K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $403.2K
Chief Operating Officer
Total Annual Compensation: $177.6K
Vice President of Legal, General Counsel and ...
Total Annual Compensation: $366.9K
Compensation as of Fiscal Year 2014.

ruckus wireless inc (RKUS) Key Developments

Ruckus Wireless, Inc. Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015; Provides Earnings Guidance for the Second Quarter Ending June 30, 2015

Ruckus Wireless, Inc. announced unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company's total revenue was $82.078 million compared with $75.052 million a year ago. Revenue for the quarter was impacted by large deals in North American enterprise business taking longer to close and by continued delays in education spending in advance of the upcoming release of E-Rate funding. Operating loss was $1.503 million compared with operating income of $0.951 million a year ago. Loss before income taxes was $1.440 million compared with income before income taxes of $0.971 million a year ago. Net loss was $0.573 million compared with net income of $0.273 million a year ago. Non-GAAP operating income was $6.791 million compared with $7.248 million a year ago. Non-GAAP net income was $6.508 million or $0.07 per diluted share compared with $7.017 million or $0.07 per diluted share a year ago. Net cash used in operating activities was $5.312 million compared with net cash provided by operating activities of $3.561 million a year ago. For the second quarter ending June 30, 2015, the company expects total revenue in the range of $86 million to $91 million and non-GAAP diluted net income per share of $0.07 to $0.10 using 98 to 99 million shares. Gross margins to be approximately 68.5% to 69.5%.

Ruckus Wireless, Inc. Signs New Distributor Agreement for India and the South Asian Association for Regional Cooperation (SAARC) with Ingram Micro Inc

Ruckus Wireless, Inc. signed a new distributor agreement for India and the South Asian Association for Regional Cooperation (SAARC) with Ingram Micro. Ingram Micro will help Ruckus Wireless maximize the value of the Smart Wi-Fi technology they offer to Ruckus BiG DOG channel partners in India and SAARC region.

Ruckus Wireless, Inc. Appoints Ian Whiting as Chief Commercial Officer

Ruckus Wireless, Inc. announced that Mr. Ian Whiting has joined the company's executive management team as its chief commercial officer. Whiting will lead the Ruckus worldwide enterprise and service provider sales teams, as well as the global pre-and post-sales systems engineering and customer support organizations. Reporting to Selina Lo, president and chief executive officer for Ruckus Wireless, Whiting will be responsible for driving the company's revenue, while maintaining the high degree of partner and customer satisfaction that sets the company apart from its competitors. Whiting brings to Ruckus more than 25 years of global sales, channel and general management leadership experience in both the enterprise IT and service provider markets. Whiting previously served as president, global field operations for Egnyte, an enterprise cloud file synchronization and sharing company. Prior to Egnyte, Whiting held global sales and operations leadership roles at Fusion-io (acquired by SanDisk), Riverbed Technology, and Brocade Communications.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
RKUS:US $10.83 USD +0.05

RKUS Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for RKUS.
View Industry Companies
 

Industry Analysis

RKUS

Industry Average

Valuation RKUS Industry Range
Price/Earnings -- Not Meaningful
Price/Sales -- Not Meaningful
Price/Book -- Not Meaningful
Price/Cash Flow -- Not Meaningful
TEV/Sales -- Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact RUCKUS WIRELESS INC, please visit www.ruckuswireless.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.