April 15, 2019

Aerohive Networks® Announces Preliminary First Quarter 2019 Financial Results

MILPITAS, Calif.–(BUSINESS WIRE)–Aerohive Networks (NYSE: HIVE), a leader in cloud-managed networking, today announced preliminary results for the first quarter ended March 31, 2019, based upon preliminary unaudited financial information. Revenue for the first quarter is expected to be approximately $33 million, which is below the Company’s previously stated guidance of $36 million to $38 million provided on February 6, 2019. The Company believes approximately half of the revenue shortfall to

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