Aruba Networks reported record revenue of $188.8 million for the most recent quarter, up 28% from the $147.1 million that it recorded during the same period last year, and its CEO credited its position in the 802.11ac market for its momentum.
The company also narrowed its losses considerably, with a net loss of $6.4 million for the fiscal third quarter, compared to $20.2 million in the year-ago period.
Aruba had a record quarter during the period ending Jan. 31 as well, reporting $176.4 million in revenue during that quarter.
Dominic Orr, Aruba’s president and CEO, told investors that there was strong demand across Aruba’s product portfolio, and that the performance “reflects the investment we made in extending our sales and channel capacity, coupled with the strength of our differentiated architecture and product portfolio. The need for simple, smart, secure and stable Wi-Fi, particularly for cutting edge organizations moving toward all-wireless environments and 802.11ac, is driving interest for Aruba’s broad product platform.”
In the company’s quarterly call, Orr said that Aruba did well across “a broad set of verticals” and “saw particular strength in enterprise.”
“This is all about .11ac,” Orr continued. “We beat our competitors to market with our 11ac solution and the momentum has continued even as others have tried to catch up. In Q3, demand for 11ac solution exceeded our expectations and outpaced our forecast. Our flagship .11ac Access Point 225 is the fastest-ramping access point in Aruba’s history. And we believe we have captured and gained market share.”
The company also launched its Aruba Mobility Academy during the quarter. Aruba and academic representatives talked about the training program with RCR — watch the video interview.
