3.7 C
New York
Tuesday, March 19, 2024

Acme Packet Provides Fourth Quarter Financial Update; Expects Total Revenues $84-86M vs $93.42M Est

Courtesy of Benzinga.

Acme Packet (NASDAQ: APKT), the leader in session delivery network solutions, today provided a financial update for the quarter ended December 31, 2011. The Company will release final financial results for the fourth quarter on Thursday, February 2, 2012 after the market closes.

Based on preliminary fourth quarter estimates which are subject to change, the Company expects:

* Total revenues to range between $84 million to $86 million. * GAAP gross margin to be approximately 82%. * Non-GAAP^1 gross margin to be approximately 83%. * Earnings per share on a GAAP basis to range between $0.16 and $0.18. * Earnings per share on a non-GAAP^1 basis to range between $0.26 and $0.28.


For more Benzinga, visit Benzinga Professional Service, Value Investor, and Stocks Under $5.

Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments

Stay Connected

157,486FansLike
396,312FollowersFollow
2,280SubscribersSubscribe

Latest Articles

0
Would love your thoughts, please comment.x
()
x