Ruckus Wireless Q1 2016revenue up 22.5% YoY

Ruckus Wireless, Inc. (NYSE: RKUS) revenue for the first quarter of 2016 was USD100.6 million, an increase of 22.5 percent from the first quarter of 2015, the company said.

Non-GAAP net income was USD12.2 million for the first quarter of 2016, compared with non-GAAP net income of USD6.5 million for the first quarter of 2015. Non-GAAP operating income was USD12.4 million for the first quarter of 2016, compared with non-GAAP operating income of USD6.8 million for the first quarter of 2015.

GAAP net loss was USD0.9 million for the first quarter of 2016, compared with GAAP net loss of USD0.6 million for the first quarter of 2015. GAAP operating loss was USD1.8 million for the first quarter of 2016, compared with GAAP operating loss of USD1.5 million for the first quarter of 2015.

GAAP diluted net loss per share was USD0.01 for the first quarter of 2016, compared with USD0.01 for the first quarter of 2015. Non-GAAP diluted net income per share was USD0.12 for the first quarter of 2016, compared with USD0.07 for the first quarter of 2015.

Headquartered in Sunnyvale, CA, Ruckus Wireless supplies advanced wireless systems for the rapidly expanding mobile Internet infrastructure market. The company offers a wide range of indoor and outdoor “Smart Wi-Fi” products to mobile carriers, broadband service providers, and corporate enterprises, and has approximately 70,000 end-customers worldwide.