News Update: Shares of Aruba Networks, Inc. Soar Following Record Q4 Earnings Report

Shares of Aruba Networks, Inc. (NASDAQ:ARUN) rose 7.6% earlier Friday after the company reported record quarterly earnings Thursday night that topped Wall Street’s expectations.

The company reported a 45% boost to its Q4 income, up from .3 million in the year-ago period, to .3 million.

SmarTrend is bullish on shares of Aruba Networks and our subscribers were alerted to buy on May 24, 2010 at .62. The stock has risen 41.6% since the alert was issued.

Click here to learn more about Aruba’s wireless networking solutions

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