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Home > (SONS, EBSB, GBLHF, HSIC, BABY) Featured Stock by pennyotcstock.com

(SONS, EBSB, GBLHF, HSIC, BABY) Featured Stock by pennyotcstock.com

October 28th, 2011 at 02:31 pm







Sonus Networks, Inc. (Nasdaq:SONS) products include media and signaling gateways, policy & routing servers, session border controllers and subscriber feature servers. Sonus Networks products are supported by a global services team with experience in design, deployment and maintenance of some of the world's largest and most complex IP networks.



Sonus Networks, Inc. yesterday announced results for the quarter ended September 30, 2011 and provided its outlook for the quarter and year ending December 31, 2011. Third Quarter Highlights include: Total revenue was $66.4 million; SBC product revenue was $10.4 million, compared to $7.7 million in the second quarter of fiscal 2011 and $3.1 million in the third quarter of fiscal 2010; and Sonus added eight new customers in the quarter, all of whom purchased SBC products and services.

Revenue for the third quarter of fiscal 2011 was $66.4 million, compared to $51.8 million in the second quarter of fiscal 2011 and $42.7 million in the third quarter of fiscal 2010. GAAP net income for the third quarter of fiscal 2011 was $1.9 million, or $0.01 per diluted share, compared to a net loss of $5.9 million, or $0.02 per share, in the second quarter of 2011 and a net loss of $22.3 million, or $0.08 per share, in the third quarter of 2010. Non-GAAP net income for the third quarter of fiscal 2011 was $4.1 million, or $0.01 per diluted share, compared to a net loss of $3.6 million, or $0.01 per share, for the second quarter of fiscal 2011 and a net loss of $14.3 million, or $0.05 per share, for the third quarter of fiscal 2010.

Sonus Networks is a leader in IP networking with proven expertise in delivering secure, reliable and scalable next generation infrastructure and subscriber solutions. With customers in over 50 countries across the globe and over a decade of experience in transforming networks to IP, Sonus Networks has enabled service providers and enterprises to capture and retain users and generate significant ROI.

For more information about Sonus Networks, please visit www.sonusnet.com

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