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
  • 52-Week Range: $1.20 - $4.50
  • 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 logoCurrent and Projected Wi-Fi Market size in terms of volume and value 2016-2026 (NASDAQ:MERU)
www.openpr.com - February 20 at 10:09 AM
openpr.com logoGlobal Outdoor Wi-Fi Industry Analysis, Trends, Growth And Forecast Research Report 2013 - 2019 | Researchmoz.us (NASDAQ:MERU)
www.openpr.com - February 17 at 3:04 PM
News IconSugarCRM Leadership Team (NASDAQ:MERU)
www.sugarcrm.com - February 8 at 5:52 AM
bloomberg.com logoCompany Overview of Meru Networks, Inc. (NASDAQ:MERU)
www.bloomberg.com - January 25 at 5:18 AM
openpr.com logoWi-Fi Market Revenue, Opportunity, Forecast and Value Chain 2016-2026 (NASDAQ:MERU)
www.openpr.com - January 25 at 5:18 AM
newsmaker.com.au logoBring Your Own Device (BYOD) & Enterprise Mobility Market exploring future growth and trends by 2016-2024 (NASDAQ:MERU)
www.newsmaker.com.au - January 18 at 4:55 AM
openpr.com logoWorldwide Enterprise Mobility Market - Boosted by Demand for Operational Efficiency in Enterprises (NASDAQ:MERU)
www.openpr.com - January 5 at 7:57 PM
openpr.com logoWi-Fi Market Segments, Opportunity, Growth and Forecast By End-use Industry 2016-2026 (NASDAQ:MERU)
www.openpr.com - December 26 at 10:11 AM
sbwire.com logoData Center Equipment Industry - Detailed Study Analysis and Forecast by 2020 (NASDAQ:MERU)
www.sbwire.com - November 30 at 6:40 PM
openpr.com logoEnterprise Mobility Market Will Hit USD 500.0 Billion Globally by 2020 (NASDAQ:MERU)
www.openpr.com - November 11 at 8:31 AM
sbwire.com logoGlobal Market for Enterprise Mobility Exhibit 24% CAGR During 2014-2020 (NASDAQ:MERU)
www.sbwire.com - November 9 at 5:57 PM
News IconData Center Equipment Market Analysis Detailed Profiles of Top Industry Players and Their Segments Till 2020 (NASDAQ:MERU)
empowerednews.net - November 3 at 9:57 AM
openpr.com logoWi-Fi Market Revenue and Value Chain 2016-2026 (NASDAQ:MERU)
www.openpr.com - October 21 at 6:09 PM
News IconZOHO Corp. Fact Sheet (NASDAQ:MERU)
docplayer.net - October 20 at 11:51 AM
News IconGlobal Market for Enterprise Mobility Exhibit 24% CAGR from 2014-2020 (NASDAQ:MERU)
qwtjlive.com - October 20 at 11:51 AM
News IconWi-Fi Market Global Industry Analysis, size, share and Forecast 2016-2026 (NASDAQ:MERU)
www.emailwire.com - October 16 at 10:34 AM
openpr.com logoGlobal Enterprise Mobility Market Estimated to Reach Around USD 500.0 Billion by 2020 (NASDAQ:MERU)
www.openpr.com - October 13 at 6:12 PM
newsmaker.com.au logoEnterprise Mobility Market worth USD 500.0 Billion by 2020 (NASDAQ:MERU)
www.newsmaker.com.au - September 5 at 10:27 AM
openpr.com logoEnterprise Mobility Market will reach USD 500.0 Billion by 2020, Globally (NASDAQ:MERU)
www.openpr.com - September 4 at 5:34 PM
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 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

Social

What is Meru Networks' stock symbol?

Meru Networks trades on the NASDAQ under the ticker symbol "MERU."

When will Meru Networks announce their earnings?

Meru Networks is scheduled to release their next quarterly earnings announcement on Monday, July, 27th 2015.

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.

How much does a share of Meru Networks stock cost?

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

Meru Networks (NASDAQ:MERU) Chart for Friday, February, 24, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Meru Networks (NASDAQ:MERU)

Earnings History Chart

Earnings by Quarter for Meru Networks (NASDAQ:MERU)

Dividend History Chart

Dividend Payments by Quarter for Meru Networks (NASDAQ:MERU)

Last Updated on 2/24/2017 by MarketBeat.com Staff