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For the three months ended 31 March 2015, Meru Networks, Inc. revenues decreased 15% to $17.4M. Net loss increased less than 1% to $8M. Revenues reflect United States segment decrease of 30% to $6.7M, United Kingdom segment decrease of 19% to $4.1M. Net income reflects Other Sales and marketing decrease of 30% to $7.5M (expense), research and development decrease of 26% to $3.8M (expense).
Period Ending: | Mar 31, 2015 | Dec 31, 2014 | Sep 30, 2014 | Jun 30, 2014 |
---|---|---|---|---|
Total Revenue | 17.42 | 21.7 | 25.02 | 23.57 |
Gross Profit | 10.38 | 12.67 | 15.53 | 14.77 |
Operating Income | -7.72 | -4.88 | -2.85 | -3.79 |
Net Income | -8.04 | -5.25 | -3.33 | -4.24 |
Period Ending: | Mar 31, 2015 | Dec 31, 2014 | Sep 30, 2014 | Jun 30, 2014 |
---|---|---|---|---|
Total Assets | 31.75 | 42.73 | 44.56 | 46.32 |
Total Liabilities | 36.22 | 40.63 | 38.82 | 38.35 |
Total Equity | -4.46 | 2.1 | 5.74 | 7.97 |
Period Ending: | Mar 31, 2015 | Dec 31, 2014 | Sep 30, 2014 | Jun 30, 2014 |
---|---|---|---|---|
Period Length: | 3 Months | 12 Months | 9 Months | 6 Months |
Cash From Operating Activities | -3.11 | -11.69 | -4.91 | -9.48 |
Cash From Investing Activities | 1.18 | -0.91 | -0.78 | -0.48 |
Cash From Financing Activities | -1.39 | -3.34 | -2.81 | -1.56 |
Net Change in Cash | -3.28 | -16.06 | -8.54 | -11.53 |
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