Wireless infrastructure expert Ruckus Wireless, Inc. (NYSE:RKUS) gained +14.89% after reporting better-than-expected second quarter earnings. Sales and margins beat expectations, and management guided third quarter sales above analysts’ estimates. The company saw strength across many of its business segments and a rebound in its education vertical driven by higher spending. We continue to hold the shares.
From John Rogers (Trades, Portfolio) 3rd quarter commentary on the Ariel Global Fund.
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