Aruba shares surge 12% following better than expected earnings Aruba (ARUN $23.30 +2.50) reported second quarter earnings of $0.22 per share, excluding non-recurring items, $0.03 better than the Capital IQ consensus of $0.19, while revenues rose 23.0% year/year to $155.4 million versus the $151.98 million consensus.  "We delivered another strong top-line quarter and achieved our fifteenth consecutive quarter of record revenue... Additionally, we generated a record $45.7 million in cash flow from operations, purchased 1.0 million shares of common stock under the repurchase program and ended the quarter with $402.3 million in cash, cash equivalents and short-term investments."

Briefing.com is the leading Internet provider of live market analysis for U.S. Stock, U.S. Bond, and world FX market participants.

Read more Story Stocks articles