Aerohive Networks revised earnings guidance for the third quarter ended September 30, 2016. Revenue for the third fiscal quarter is expected to be $40 million, which is below the company's previously stated guidance of $46 million to $50 million. On a GAAP basis, the company expects net loss per share for the third fiscal quarter to be between $0.19 to $0.20, compared with previously stated guidance of a net loss of $0.14 to $0.20 per share. On a non-GAAP basis, the company expects net loss per share to be between $0.06 to $0.07, compared with previously stated guidance of a loss of $0.01 to $0.07 per share.