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) announced its earnings results on Monday, May, 4th. The company reported ($0.16) earnings per share for the quarter, topping the Zacks' 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 prior year, the firm posted ($0.23) earnings per share. View Meru Networks' Earnings History.
Has Meru Networks been receiving favorable news coverage?
News articles about MERU stock have been trending somewhat positive recently, Accern Sentiment Analysis reports. The research group identifies negative and positive news coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Meru Networks earned a daily sentiment score of 0.14 on Accern's scale. They also assigned media stories about the company an impact score of 45.21 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company's share price in the next few days.
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.
Meru Networks (NASDAQ:MERU) Analyst Ratings History
(Data available from 4/25/2016 forward)
|Date||Brokerage||Action||Rating||Price Target||Impact on Share Price||Details|
Meru Networks (NASDAQ:MERU) Earnings History and Estimates Chart
Meru Networks (NASDAQ MERU) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|5/4/2015||Q115||($0.17)||($0.16)||$16.50 million||$17.40 million||View||N/A|
|10/27/2014||Q314||($0.11)||($0.14)||$25.09 million||$25.00 million||View||Listen|
|7/28/2014||Q214||($0.12)||($0.13)||$23.90 million||$23.60 million||View||N/A|
|4/28/2014||Q114||($0.19)||($0.23)||$22.02 million||$20.60 million||View||N/A|
|2/10/2014||Q413||($0.06)||($0.09)||$27.04 million||$30.20 million||View||N/A|
|10/30/2013||Q3 2013||($0.16)||($0.15)||$26.05 million||$24.40 million||View||N/A|
|7/30/2013||Q2 2013||($0.08)||($0.05)||$27.11 million||$26.45 million||View||N/A|
|4/30/2013||Q1 2013||($0.22)||($0.10)||$24.12 million||$24.70 million||View||N/A|
|1/29/2013||Q4 2012||($0.21)||($0.13)||$26.07 million||$28.20 million||View||N/A|
|10/24/2012||Q312||($0.29)||($0.22)||$24.17 million||$25.40 million||View||N/A|
Meru Networks (NASDAQ:MERU) Dividend History by Quarter
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Meru Networks (NASDAQ MERU) Insider Trading and Institutional Ownership History
Meru Networks (NASDAQ MERU) Insider Trading History
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
|9/12/2014||Larry Vaughan||SVP||Sell||5,000||$3.78||$18,900.00|| |
|8/27/2014||Larry Vaughan||SVP||Sell||10,000||$3.53||$35,300.00|| |
|8/8/2014||Harold D Copperman||Director||Buy||2,000||$3.59||$7,180.00|| |
|6/11/2014||Larry Vaughan||SVP||Sell||3,600||$3.61||$12,996.00|| |
|5/16/2014||Mark Liu||General Counsel||Sell||1,500||$3.66||$5,490.00||3,149|| |
|5/6/2014||Harold Copperman||Director||Buy||5,000||$3.59||$17,950.00||403,452|| |
|3/13/2014||Ajay Malik||SVP||Sell||10,976||$4.39||$48,184.64|| |
|3/3/2014||Eric Singer||Director||Buy||8,150||$4.16||$33,904.00|| |
|2/28/2014||Larry Vaughan||SVP||Sell||10,800||$4.16||$44,928.00||69,449|| |
|2/18/2014||Larry Vaughan||SVP||Sell||16,462||$4.17||$68,646.54||82,101|| |
|11/6/2013||Harold Copperman||Director||Buy||14,000||$3.02||$42,280.00||333,882|| |
|8/28/2013||Harold Copperman||Director||Buy||8,500||$3.45||$29,325.00||319,882|| |
|8/20/2013||Harold Copperman||Director||Buy||5,500||$3.50||$19,250.00||301,382|| |
|8/15/2013||Harold Copperman||Director||Buy||3,500||$3.50||$12,250.00||295,882|| |
|8/7/2013||Harold Copperman||Director||Buy||3,000||$3.58||$10,740.00||292,382|| |
|8/5/2013||Harold Copperman||Director||Buy||12,500||$3.65||$45,625.00||275,021|| |
|6/13/2013||Nicholas Mitsakos||Director||Sell||39,353||$4.26||$167,643.78|| |
|3/4/2013||Bami Bastani||CEO||Buy||12,500||$4.00||$50,000.00|| |
|3/4/2013||Brett T White||CFO||Buy||3,000||$4.00||$12,000.00|| |
|3/4/2013||Harold D Copperman||Director||Buy||25,000||$4.00||$100,000.00|| |
|11/13/2012||Harold D Copperman||Director||Buy||2,000||$2.33||$4,660.00|| |
|11/12/2012||Harold D Copperman||Director||Buy||5,500||$2.47||$13,585.00|| |
|11/7/2012||Harold D Copperman||Director||Buy||6,000||$2.61||$15,660.00|| |
|11/2/2012||Harold D Copperman||Director||Buy||10,000||$2.76||$27,600.00|| |
|8/15/2012||Kamal Anand||Insider||Buy||10,000||$3.35||$33,500.00|| |
Meru Networks (NASDAQ MERU) News Headlines
Meru Networks (NASDAQ:MERU) SEC Filings
This page is loading this company's SEC Filings. Please wait...
Meru Networks (NASDAQ:MERU) Income Statement, Balance Sheet and Cash Flow Statement
Meru Networks (NASDAQ MERU) Stock Chart for Wednesday, April, 25, 2018