About Meru Networks (NASDAQ:MERU)
Meru Networks, Inc. (Meru) develops and markets a virtualized Wireless Local Area Network (WLAN) solution. The Company's solution is built around its System Director Operating System, which runs on its controllers and access points. The Company offers additional products designed to deliver network management, diagnostics and security. The Company also offers support services related to its products, professional services, and training. Its products and services are sold through value added resellers, and distributors, as well as its sales force. Its System Director Operating System forms the core of its virtualized WLAN solution. It provides a family of controllers that run its System Director Operating System and work in conjunction with its access points. Its Wireless Fidelity (Wi-Fi) certified access points provide network connectivity for wireless devices. Its bring-your-own-device (BYOD) and policy management solutions are designed to automate secure guest access.
Industry, Sector and Symbol
Trailing P/E RatioN/A
Forward P/E RatioN/A
Sales & Book Value
Price / SalesN/A
Price / CashN/A
Price / BookN/A
EPS (Most Recent Fiscal Year)N/A
Return on EquityN/A
Return on Assets-86.56%
Meru Networks (NASDAQ:MERU) Frequently Asked Questions
What is Meru Networks' stock symbol?
Meru Networks trades on the NASDAQ under the ticker symbol "MERU."
How were Meru Networks' earnings last quarter?
Meru Networks, Inc. (NASDAQ:MERU) posted its quarterly earnings results on Monday, May, 4th. The company reported ($0.16) earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of ($0.17) by $0.01. The business earned $17.40 million during the quarter, compared to the consensus estimate of $16.50 million. The company's quarterly revenue was down 15.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted ($0.23) earnings per share. View Meru Networks' Earnings History.
Has Meru Networks been receiving favorable news coverage?
Press coverage about MERU stock has trended somewhat positive recently, Accern Sentiment reports. The research firm ranks the sentiment of press coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Meru Networks earned a news sentiment score of 0.15 on Accern's scale. They also gave press coverage about the company an impact score of 46.31 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the immediate future.
How do I buy shares of Meru Networks?
Shares of MERU can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Meru Networks' stock price today?
One share of MERU stock can currently be purchased for approximately $1.62.
How big of a company is Meru Networks?
Meru Networks has a market capitalization of $39.34 million.
How can I contact Meru Networks?
Meru Networks' mailing address is 894 Ross Dr, SUNNYVALE, CA 94089-1403, United States. The company can be reached via phone at +1-408-2155300.
MarketBeat Community Rating for Meru Networks (MERU)MarketBeat's community ratings are surveys of what our community members think about Meru Networks and other stocks. Vote "Outperform" if you believe MERU will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MERU will underperform the S&P 500 over the long term. You may vote once every thirty days.