NEW YORK, NY -- (Marketwire) -- 02/25/13 -- The Bedford Report has released new equity reports today. As a leading provider of free in depth reports and timely market updates, Bedford is an essential resource for hundreds of thousands of investors across the country.
Aruba Networks, Inc. (NASDAQ: ARUN) shares surged 22.13 percent on over 20 million shares traded Friday, which was over six times its average daily volume, to close at 25.40 a share. Strong revenue growth helped the company report a net income of $5.0 million for the fiscal second quarter, compared to a net loss of $11.4 million a year ago.
Find out more about Aruba Networks including full access to the free equity report at: www.BedfordReport.com/ARUN
Infoblox Inc. (NYSE: BLOX) shares spiked 18.1 percent on more than five times the average daily volume Friday to close at $22.61 a share. Despite reporting net loss grew year-over-year, shares of the company surged as revenues for the fiscal second quarter was a record $54.4 million, a 32 percent increase when compared to a year ago.
Find out more about Infoblox including full access to the free equity report at: www.BedfordReport.com/BLOX
CombiMatrix Corporation (NASDAQ: CBMX) shares dropped 21.93 percent on nearly seven times the average daily volume Friday to close at $5.27 a share. The company announced that current Chief Commercial Officer, Mark McDonough, will replace R. Judd Jessup as Chief Executive Officer following his retirement on March 15, 2013.
Find out more about CombiMatrix including full access to the free equity report at: www.BedfordReport.com/CBMX
Boingo Wireless Inc. (NASDAQ: WIFI) shares declined 15.16 percent on over ten times the average daily volume Friday to close at $6.77 a share. The company reported net income shrunk to $1.1 million, or $0.03 per diluted share, in the fourth quarter, a 40 percent decline when compared to the year ago quarter.
Find out more about Boingo Wireless including full access to the free equity report at: www.BedfordReport.com/WIFI
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