Story image

Strong Q2 for Ruckus Wireless

02 Aug 2013

Ruckus Wireless has posted a strong second quarter, with the company's service provider business regaining momentum.

Announced this week, the figures show an addition of 15 new service provider end-customers and over 2,900 new enterprise end-customers during second quarter, reaching over 27,300 total end-customers worldwide.

Revenue for Q2 stood at $63.9 million, representing an increase of 30.6% from the same period last year.

“We had a solid second quarter, achieving 30.6% year-over-year revenue growth and hitting the top end of our revenue guidance," said Selina Lo, president and CEO, Ruckus Wireless.

"In the quarter, our service provider business regained momentum with a record number of new wins and network expansion by existing customers.

"Our strong position in the carrier Wi-Fi market was validated by Infonetics’ Global Service Provider survey published in Q2, which found Ruckus to be the second most installed Wi-Fi brand and the number one brand being evaluated for 2014 deployments.

"Furthermore, our enterprise business continued to perform, adding over 2,900 new end-customers in the quarter.”

Financial highlights include:

• The second most installed Wi-Fi brand and the number one brand being evaluated for 2014, according to Infonetics’ Global Service Provider Wi-Fi survey

• On July 23rd, the company announced the acquisition of YFind Technologies, a pioneer in indoor positioning and real-time location analytics technology

Microsoft appoints new commercial and partner business director
Bowden already has almost a decade of Microsoft relationship management experience under her belt, having joined the business in 2010.
Zoom’s new Rooms and Meetings features
Zoom has released information about the upcoming releases for its Rooms and Meeting offerings for 2019.
Aussie company set to democratise direct-to-orbit IoT access
Adelaide-based Myriota has released a developer toolkit that has been trialled and tested by a smart waste management platform.
Apple's AirPods now come with 'Hey Siri' functionality
The new AirPods come with a standard case or a Wireless Charging Case that holds additional charges for more than 24 hours of listening time.
Dynatrace takes pole position in APM Magic Quadrant
It placed highest on Ability to Execute and furthest on Completeness of Vision in the 2019 Quadrant for Application Performance Monitoring (APM).
HCL and Xerox expand strategic partnership
Under the terms of the agreement, HCL will manage portions of Xerox’s shared services, including global administrative and support functions.
Avaya expands integration with Google Cloud AI
This includes embedding Google’s machine learning within conversation services for the contact centre, enabling integration of AI capabilities.
Forrester names Crowdstrike leader in incident response
The report provides an in-depth evaluation of the top 15 IR service providers across 11 criteria.