Company Growth (employees)
Aerohive Networks was founded in 2006 and is headquartered in Milpitas, US
Key People at Aerohive Networks
David Flynn
CEO
Changming Liu
Founder and CTO
Steve Debenham
VP, Legal Services
Chris Schaepe
Investor, Board Member
Aerohive Networks Office Locations
Aerohive Networks has offices in Milpitas, Atlanta, Portland, Surrey and in 6 other locations
Milpitas, US (HQ)
1011 Mc Carthy Blvd
Alexandria, AU
100 Collins St
Amstelveen, NL
2 Professor J.H. Bavincklaan
Boulogne Billancourt, FR
121 Rue D'aguesseau
Surrey, GB
16 West St
Portland, US
111 Sw 5th Ave
Atlanta, US
2002 Summit Blvd Ne
Aerohive Networks Data and Metrics
Aerohive Networks Financial Metrics
Aerohive Networks's revenue was reported to be $169.8 m in FY, 2016 which is a 12% increase from the previous period.
USD
Revenue (FY, 2016) | 169.8 m |
Revenue growth (FY, 2015 - FY, 2016), % | 12% |
Gross profit (FY, 2016) | 114.5 m |
Gross profit margin (FY, 2016), % | 67% |
Net income (FY, 2016) | (36.9 m) |
EBIT (FY, 2016) | (36.8 m) |
Market capitalization (26-Jun-2017) | 233.3 m |
Closing share price (26-Jun-2017) | 5.4 |
Cash (31-Dec-2016) | 34.3 m |
Aerohive Networks's current market capitalization is $233.3 m.
| USD | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|
Revenue | 137.3 m | 151.7 m | 169.8 m |
Revenue growth, % | 10% | 12% | |
Cost of goods sold | 44.8 m | 50.4 m | 55.3 m |
Gross profit | 92.5 m | 101.3 m | 114.5 m |
Gross profit Margin, % | 67% | 67% | 67% |
Sales and marketing expense | 72.4 m | 83.1 m | 81 m |
R&D expense | 27.5 m | 36.9 m | 41.5 m |
General and administrative expense | 21.2 m | 26.3 m | 28.8 m |
Operating expense total | 121.1 m | 146.3 m | 151.3 m |
EBIT | (28.6 m) | (45 m) | (36.8 m) |
EBIT margin, % | (21%) | (30%) | (22%) |
Interest expense | (1.8 m) | (1.2 m) | (474 k) |
Interest income | 37 k | 108 k | 468 k |
Pre tax profit | (30.1 m) | (45.8 m) | (36.6 m) |
Income tax expense | (441 k) | (352 k) | 269 k |
Net Income | (30.6 m) | (46.2 m) | (36.9 m) |
| USD | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|
Cash | 98 m | 45.7 m | 34.3 m |
Inventories | 8.4 m | 10.8 m | 12.6 m |
Current Assets | 134.7 m | 130.8 m | 121.9 m |
PP&E | 8.9 m | 9.2 m | 9 m |
Goodwill | 513 k | 513 k | 513 k |
Total Assets | 144.3 m | 140.9 m | 136.5 m |
Accounts Payable | 10.2 m | 15.1 m | 10.8 m |
Current Liabilities | 53.8 m | 54.9 m | 71.8 m |
Retained Earnings | (150.9 m) | (197.1 m) | (227.3 m) |
Total Equity | 34.2 m | 28.7 m | |
Financial Leverage | 4.1 x | 4.8 x |
| USD | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|
Net Income | (30.6 m) | (46.2 m) | (36.9 m) |
Depreciation and Amortization | 2.3 m | 3.5 m | 3.5 m |
Accounts Receivable | (7.1 m) | 1.9 m | (3.4 m) |
Inventories | (1.5 m) | (2.4 m) | (1.9 m) |
Accounts Payable | 1.3 m | 5.2 m | (4.5 m) |
Cash From Operating Activities | 63 m | (52.3 m) | (14.6 m) |
Purchases of PP&E | (2.4 m) | (2.3 m) | (2.2 m) |
Cash From Investing Activities | (6.7 m) | (50.9 m) | 276 k |
Long-term Borrowings | 10 m | ||
Cash From Financing Activities | 78.5 m | 3.6 m | 2.9 m |
Interest Paid | 1.4 m | 984 k | 484 k |
Income Taxes Paid | 420 k | 519 k | 666 k |
| Y, 2016 | |
|---|---|
Financial Leverage | 4.8 x |
Aerohive Networks Market Value History
Aerohive Networks Median Salaries
Source: 42 public H-1B filings from Aerohive Networks
