Meru Networks Company Profile (NASDAQ:MERU)

About Meru Networks (NASDAQ:MERU)

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: Telecommunications Services
  • Industry: Wireless Telecommunications Services
  • Sub-Industry: N/A
  • Symbol: NASDAQ:MERU
  • CUSIP: N/A
  • Web: www.merunetworks.com/
Average Prices:
  • 50 Day Moving Avg: $1.59
  • 200 Day Moving Avg: $2.10
  • 52 Week Range: $1.20 - $4.50
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -16.20
  • P/E Growth: 0.00
Profitability:
  • Net Margins: -46.15%
  • Return on Assets: -86.56%
Misc:
  • Average Volume: 298,189 shs.
 

Frequently Asked Questions for Meru Networks (NASDAQ:MERU)

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) released its quarterly earnings results on Monday, May, 4th. The company reported ($0.16) EPS for the quarter, topping the Thomson Reuters' consensus estimate of ($0.17) by $0.01. The company earned $17.40 million during the quarter, compared to the consensus estimate of $16.50 million. The company's revenue was down 15.5% on a year-over-year basis. During the same period in the previous year, the firm posted ($0.23) earnings per share. View Meru Networks' Earnings History.

Who are some of Meru Networks' key competitors?

How do I buy Meru Networks stock?

Shares of Meru Networks can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Meru Networks' stock price today?

One share of Meru Networks stock can currently be purchased for approximately $1.62.


MarketBeat Community Rating for Meru Networks (NASDAQ MERU)
Community Ranking:  1.8 out of 5 (star)
Outperform Votes:  38 (Vote Outperform)
Underperform Votes:  67 (Vote Underperform)
Total Votes:  105
MarketBeat's community ratings are surveys of what our community members think about Meru Networks and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Meru Networks (NASDAQ:MERU) (How are Consensus Ratings Calculated?)
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)
Earnings by Quarter for Meru Networks (NASDAQ:MERU)
Earnings History by Quarter for Meru Networks (NASDAQ MERU)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
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($0.11)($0.14)$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)($0.09)$27.04 million$30.20 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 and Institutional Ownership History for Meru Networks (NASDAQ:MERU)
Insider Trades by Quarter for Meru Networks (NASDAQ:MERU)
Insider Trades by Quarter 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

Headline Trends for Meru Networks (NASDAQ:MERU)
Latest Headlines for Meru Networks (NASDAQ:MERU)
Source:
DateHeadline
americanbankingnews.com logoAnalyzing TIM Participacoes (TSU) and Meru Networks (MERU)
www.americanbankingnews.com - September 13 at 10:34 PM
americanbankingnews.com logoMeru Networks (MERU) and pdvWireless (PDVW) Critical Survey
www.americanbankingnews.com - July 26 at 11:58 PM
americanbankingnews.com logoMeru Networks (NASDAQ:MERU) & Superconductor Technologies (SCON) Head to Head Survey
www.americanbankingnews.com - July 6 at 12:42 PM
finance.yahoo.com logoPalo Alto Tops In Q3 As Gains Pick Up; Buys CirroSecure
finance.yahoo.com - April 7 at 11:10 AM
finance.yahoo.com logoMeru Networks' K-12 Wi-Fi Subscription XPress Cloud Service Offers Simplicity to the Unsung IT Heroes of Education
finance.yahoo.com - April 7 at 11:10 AM
finance.yahoo.com logoFortinet Closes Acquisition of Meru Networks
finance.yahoo.com - April 7 at 11:09 AM
finance.yahoo.com logoFortinet Posts Record Billings and Revenue Growth in 3Q15
finance.yahoo.com - April 7 at 11:09 AM
bloomberg.com logoCompany Overview of Meru Networks, Inc.
www.bloomberg.com - January 25 at 5:18 AM
seekingalpha.com logoActivism On Support.com: 60% Return
seekingalpha.com - June 13 at 5:47 PM
biz.yahoo.com logoMERU NETWORKS, INC. Company Profile
biz.yahoo.com - February 22 at 1:19 PM
finance.yahoo.com logoSHAREHOLDER ALERT: Brodsky & Smith, LLC Announces Investigation of The Board of Directors of Meru Networks, Inc. -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.
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
finance.yahoo.com - May 27 at 6:16 PM
biz.yahoo.com logoMERU NETWORKS INC Files SEC form 8-K, Entry into a Material Definitive Agreement, Financial Statements and Exhibits
biz.yahoo.com - May 27 at 4:46 PM

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Chart

Meru Networks (MERU) Chart for Wednesday, September, 20, 2017

This page was last updated on 9/20/2017 by MarketBeat.com Staff