Meru Networks Company Profile (NASDAQ:MERU)

About Meru Networks

Meru Networks logoMeru 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:
  • Sector: N/A
  • Industry: N/A
  • Sub-Industry: N/A
  • Exchange: NASDAQ
  • Symbol: MERU
  • CUSIP:
Key Metrics:
  • Previous Close: $1.62
  • 50 Day Moving Average: $1.59
  • 200 Day Moving Average: $2.10
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -16.20
  • P/E Growth: 0.00
  • Market Cap: $N/A
Additional Links:

Analyst Ratings

Consensus Ratings for Meru Networks (NASDAQ:MERU) (?)
Ratings Breakdown: No ratings tracked in the last 12 months.
Consensus Rating:N/A (Score: NaN)
Consensus Price Target: N/A

Analysts' Ratings History for Meru Networks (NASDAQ:MERU)
Show:
No equities research coverage for this company has been tracked by MarketBeat.com

Earnings

Earnings History for Meru Networks (NASDAQ:MERU)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
7/27/2015        
5/4/2015Q115($0.17)($0.16)$16.50 million$17.40 millionViewN/AView Earnings Details
2/9/2015Q414($0.18)($0.17)$21.70 millionViewN/AView Earnings Details
10/27/2014Q314($0.06)($0.08)$25.09 million$25.00 millionViewListenView Earnings Details
7/28/2014Q214($0.12)($0.13)$23.90 million$23.60 millionViewN/AView Earnings Details
4/28/2014Q114($0.19)($0.23)$22.02 million$20.60 millionViewN/AView Earnings Details
2/10/2014Q413($0.06)$0.25$27.04 million$30.20 millionViewN/AView Earnings Details
10/30/2013Q313($0.09)($0.09)$26.16 million$24.40 millionViewN/AView Earnings Details
7/30/2013Q2 2013($0.08)($0.05)$27.11 million$26.45 millionViewN/AView Earnings Details
4/30/2013Q1 2013($0.22)($0.10)$24.12 million$24.70 millionViewN/AView Earnings Details
1/29/2013Q4 2012($0.21)($0.13)$26.07 million$28.20 millionViewN/AView Earnings Details
10/24/2012Q312($0.29)($0.22)$24.17 million$25.40 millionViewN/AView Earnings Details
7/26/2012($0.46)($0.26)ViewN/AView Earnings Details
4/30/2012($0.49)($0.50)ViewN/AView Earnings Details
2/1/2012($0.30)($0.30)ViewN/AView Earnings Details
10/26/2011($0.21)($0.21)ViewN/AView Earnings Details
7/27/2011($0.10)($0.05)ViewN/AView Earnings Details
4/27/2011($0.10)($0.12)ViewN/AView Earnings Details
2/2/2011$0.02$0.02ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Meru Networks (NASDAQ:MERU)
Current Year EPS Consensus Estimate: $-0.30 EPS
Next Year EPS Consensus Estimate: $-0.10 EPS

Dividends

Dividend History for Meru Networks (NASDAQ:MERU)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for Meru Networks (NASDAQ:MERU)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/12/2014Larry VaughanSVPSell5,000$3.78$18,900.00View SEC Filing  
8/27/2014Larry VaughanSVPSell10,000$3.53$35,300.00View SEC Filing  
8/8/2014Harold D CoppermanDirectorBuy2,000$3.59$7,180.00View SEC Filing  
6/11/2014Larry VaughanSVPSell3,600$3.61$12,996.00View SEC Filing  
5/16/2014Mark LiuGeneral CounselSell1,500$3.66$5,490.00View SEC Filing  
5/6/2014Harold CoppermanDirectorBuy5,000$3.59$17,950.00View SEC Filing  
3/13/2014Ajay MalikSVPSell10,976$4.39$48,184.64View SEC Filing  
3/3/2014Eric SingerDirectorBuy8,150$4.16$33,904.00View SEC Filing  
2/28/2014Larry VaughanSVPSell10,800$4.16$44,928.00View SEC Filing  
2/18/2014Larry VaughanSVPSell16,462$4.17$68,646.54View SEC Filing  
11/6/2013Harold CoppermanDirectorBuy14,000$3.02$42,280.00View SEC Filing  
8/28/2013Harold CoppermanDirectorBuy8,500$3.45$29,325.00View SEC Filing  
8/20/2013Harold CoppermanDirectorBuy5,500$3.50$19,250.00View SEC Filing  
8/15/2013Harold CoppermanDirectorBuy3,500$3.50$12,250.00View SEC Filing  
8/7/2013Harold CoppermanDirectorBuy3,000$3.58$10,740.00View SEC Filing  
8/5/2013Harold CoppermanDirectorBuy12,500$3.65$45,625.00View SEC Filing  
6/13/2013Nicholas MitsakosDirectorSell39,353$4.26$167,643.78View SEC Filing  
3/4/2013Bami BastaniCEOBuy12,500$4.00$50,000.00View SEC Filing  
3/4/2013Brett T WhiteCFOBuy3,000$4.00$12,000.00View SEC Filing  
3/4/2013Harold D CoppermanDirectorBuy25,000$4.00$100,000.00View SEC Filing  
11/13/2012Harold D CoppermanDirectorBuy2,000$2.33$4,660.00View SEC Filing  
11/12/2012Harold D CoppermanDirectorBuy5,500$2.47$13,585.00View SEC Filing  
11/7/2012Harold D CoppermanDirectorBuy6,000$2.61$15,660.00View SEC Filing  
11/2/2012Harold D CoppermanDirectorBuy10,000$2.76$27,600.00View SEC Filing  
8/15/2012Kamal AnandInsiderBuy10,000$3.35$33,500.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Meru Networks (NASDAQ:MERU)
DateHeadline
openpr.com logoEnterprise Mobility Market - Industry Analysis, Size, Share, Trends, Segment and Forecast 2015-2020 (NASDAQ:MERU)
www.openpr.com - July 27 at 9:05 AM
News IconF5 Names Ben Gibson as Chief Marketing Officer (NASDAQ:MERU)
www.wallstreet-online.de - July 20 at 6:51 PM
News IconCEO Jim Scullion Targets IoT Security To Continue His Success Streak With Great Bay Software (NASDAQ:MERU)
softwaredev.itbusinessnet.com - July 16 at 9:32 AM
News IconChief Executive Officer Jim Scullion Targets IoT Safety To Continue His Success Streak With Great Bay Software program. South Carolina SC (NASDAQ:MERU)
www.southcarolinasc.com - July 14 at 6:25 PM
sbwire.com logoZMR:Enterprise Mobility Market Size and Key Trends in Terms of Volume and Value 2020 (NASDAQ:MERU)
www.sbwire.com - July 14 at 6:25 PM
News IconGlobal Enterprise Mobility Market Projected to Reach Around USD 500.00 Billion by 2020 - MarketResearchStore.Com (NASDAQ:MERU)
business.itbusinessnet.com - July 14 at 6:25 PM
News IconGlobal enterprise mobility market to exhibit 24.7% CAGR from 2015 to 2022 according to market forecasts (NASDAQ:MERU)
www.whatech.com - June 24 at 8:47 AM
News IconEnterprise Mobility Market - Enterprise Mobility Has Wide Applications Across IT and Telecommunication (NASDAQ:MERU)
www.digitaljournal.com - June 23 at 8:53 AM
openpr.com logoOutdoor W-Fi Technology is Emerging Across Various Sector (NASDAQ:MERU)
www.openpr.com - June 15 at 10:46 AM
seekingalpha.com logoActivism On Support.com: 60% Return (NASDAQ:MERU)
seekingalpha.com - June 13 at 5:47 PM
News IconEnterprise Mobility Market: Global Industry Information, Trends and Forecast to 2022 by Brisk Insights (NASDAQ:MERU)
www.pr.com - June 9 at 8:59 AM
News IconReport delivers insight into the enterprise mobility market : global industry information, market size and forecast 2016 (NASDAQ:MERU)
www.whatech.com - June 7 at 8:47 AM
4-traders.com logoSupport : VIEX Issues Letter To Fellow Support.com Stockholders (NASDAQ:MERU)
www.4-traders.com - May 17 at 2:56 PM
News IconEnterprise Mobility Market is expected to reach US$ 510.39 Bn by 2022 (NASDAQ:MERU)
industrytoday.co.uk - May 3 at 8:01 AM
openpr.com logoGlobal Enterprise Mobility Market to Exhibit 24.7% CAGR during 2015-2022, Boosted by Demand for Operational Efficiency in Enterprises (NASDAQ:MERU)
www.openpr.com - April 28 at 8:26 AM
News IconEnterprise Mobility Market 2016-2020 Industry exmined by Market Research Store (NASDAQ:MERU)
www.mynewsdesk.com - April 26 at 9:19 AM
openpr.com logoOutdoor Wi-Fi Industry Analysis, Market Size, Share, Trends, Analysis, Growth And Forecast 2019 (NASDAQ:MERU)
www.openpr.com - April 12 at 12:25 PM
News IconBrocade Springs $1.2 Billion for WiFi Provider Ruckus Wireless (NASDAQ:MERU)
www.eweek.com - April 5 at 1:56 PM
sbwire.com logoGlobal Enterprise Mobility Market Set for Rapid Growth, to Reach Around USD 500.0 Billion by 2020 (NASDAQ:MERU)
www.sbwire.com - March 30 at 1:41 PM
News IconEnterprise Mobility Market Size, Share And Forecast is Expected to Grow at the CAGR of 7% During 2015-2022: Brisk Insights (NASDAQ:MERU)
www.consumerelectronicsnet.com - March 17 at 1:19 PM
openpr.com logoEnterprise Mobility Market by Software, Devices, Security, Industry Size, Growth, Share and Forecast To 2022 (NASDAQ:MERU)
www.openpr.com - March 15 at 11:53 AM
News IconResearch report covers the enterprise mobility market (NASDAQ:MERU)
www.whatech.com - March 14 at 7:00 AM
biz.yahoo.com logoMERU NETWORKS, INC. Company Profile (NASDAQ:MERU)
biz.yahoo.com - February 22 at 1:19 PM
sbwire.com logoLatest Scenario of Data Center Equipment Market with Extensive Analysis (NASDAQ:MERU)
www.sbwire.com - February 19 at 12:58 PM
News IconFortinet and Wavelink sign ANZ distribution agreement to tap into burgeoning secure enterprise wireless market (NASDAQ:MERU)
www.computerworld.co.nz - February 9 at 11:51 AM
News IconIs the market correcting itself? (NASDAQ:MERU)
www.losaltosonline.com - January 20 at 10:28 AM
finance.yahoo.com logoFortinet Posts Record Billings and Revenue Growth in 3Q15 (NASDAQ:MERU)
finance.yahoo.com - October 27 at 11:08 AM
biz.yahoo.com logoMERU NETWORKS INC Files SEC form 8-K, Termination of a Material Definitive Agreement, Completion of Acquisition or Di (NASDAQ:MERU)
biz.yahoo.com - July 8 at 5:09 PM
noodls.com logoFortinet Closes Acquisition of Meru Networks (NASDAQ:MERU)
www.noodls.com - July 8 at 10:57 AM
finance.yahoo.com logoMeru Networks' K-12 Wi-Fi Subscription XPress Cloud Service Offers Simplicity to the Unsung IT Heroes of Education (NASDAQ:MERU)
finance.yahoo.com - June 23 at 8:00 AM
finance.yahoo.com logoWeissLaw LLP: Meru Networks, Inc. Sale Under Legal Investigation (NASDAQ:MERU)
finance.yahoo.com - June 1 at 3:30 PM
finance.yahoo.com logoSHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Meru Networks, Inc. of Commencement of an Investigation Concerning the Fairness of the Sale of the Company to Fortinet (NASDAQ:MERU)
finance.yahoo.com - May 29 at 11:57 AM
finance.yahoo.com logoSHAREHOLDER ALERT: Brower Piven Commences An Investigation Into The Proposed Sale Of Meru Networks, Inc. And Encourages Investors To Contact The Firm For Additional Information (NASDAQ:MERU)
finance.yahoo.com - May 28 at 7:00 PM
finance.yahoo.com logoMERU NETWORKS, INC. SHAREHOLDER ALERT: Former SEC Attorney Willie Briscoe and Powers Taylor LLP Investigate Sale to Fortinet Inc. (NASDAQ:MERU)
finance.yahoo.com - May 28 at 1:09 PM
finance.yahoo.com logoSHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Meru Networks, Inc. of Commencement of an Investigation Concerning the Fairness of the Sale of the Company to Fortinet -- MERU (NASDAQ:MERU)
finance.yahoo.com - May 28 at 12:28 PM
finance.yahoo.com logoRyan & Maniskas, LLP Investigation of Meru Networks, Inc. (NASDAQ:MERU)
finance.yahoo.com - May 28 at 11:04 AM
finance.yahoo.com logoSHAREHOLDER ALERT: Brodsky & Smith, LLC Announces Investigation of The Board of Directors of Meru Networks, Inc. -MERU (NASDAQ:MERU)
finance.yahoo.com - May 27 at 10:10 PM
finance.yahoo.com logoMERU NETWORKS INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Meru Networks, Inc. (NASDAQ:MERU)
finance.yahoo.com - May 27 at 9:16 PM
finance.yahoo.com logoLaw Firm Kirby McInerney LLP Investigating Potential Claims on Behalf of Meru Networks, Inc. Stockholders (NASDAQ:MERU)
finance.yahoo.com - May 27 at 6:16 PM
News IconBiz Break: Fortinet steps up security challenge to Cisco with Meru acquisition (NASDAQ:MERU)
www.mercurynews.com - May 27 at 5:57 PM
biz.yahoo.com logoMERU NETWORKS INC Files SEC form 8-K, Entry into a Material Definitive Agreement, Financial Statements and Exhibits (NASDAQ:MERU)
biz.yahoo.com - May 27 at 4:46 PM

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Meru Networks (NASDAQ:MERU) Chart for Monday, August, 29, 2016


Last Updated on 8/29/2016 by MarketBeat.com Staff