Meru Networks First Quarter 2013 Results


Highlights:

– Product Revenue Growth of 30% Year-over-Year

– Quarterly Operating Expenses Reduced for the Fourth Consecutive Quarter

– Positive Cash Flow from Operations

 

Technology:

Meru introduced a new technology called MobileFLEX Architecture. MobileFLEX is an innovative new context-aware architecture that unites all Meru hardware and software solutions and introduces Meru’s Context-aware Application Layers (CALs), Apple Bonjour support, enhanced multi-vendor policy enforcement, cloud-focused enhancements and 802.11ac-readiness.

 

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