Key Developments: Procera Networks Inc (PKT.O)

PKT.O on Nasdaq

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Latest Key Developments (Source: Significant Developments)

Procera Networks receives $5 million from Tier 1 European MSO
Wednesday, 27 Aug 2014 06:00am EDT 

Procera Networks Inc:Says a $5 million in initial orders from a Tier 1 European MSO.  Full Article

Procera Networks Inc reaffirms FY 2014 revenue guidance and H2 2014 profit guidance
Wednesday, 6 Aug 2014 04:06pm EDT 

Procera Networks Inc:Reiterating guidance of annual revenue growth of 15 pct for FY 2014.Expects return to non-GAAP profitability in H2 2014.Reported revenue of $74.7 million in fiscal 2013.FY 2014 revenue of $84.1 million - Thomson Reuters I/B/E/S.  Full Article

Procera Networks Inc receives contentlogic order From Tier 1 EMEA Mobile Operator
Monday, 16 Jun 2014 06:00am EDT 

Procera Networks Inc:Receives follow-on order for ContentLogic from an existing Tier 1 EMEA Mobile operator customer.Order is software-only order that will be activated on existing PacketLogic deployment, further increasing the strategic value that Procera solutions offer this operator.  Full Article

Procera Networks receives $3.5 mln in follow-on orders from three tier 1 broadband operators
Tuesday, 27 May 2014 06:00am EDT 

Procera Networks Inc:Receives three follow-on orders from Tier 1 broadband operators in APAC, EMEA, and LATAM totaling $3.5 mln.Orders include both hardware and software components that expand the operator's existing deployment of Procera solutions.  Full Article

Procera Networks Inc reaffirms FY 2014 revenue guidance; reaffirms H2 2014 profit guidance
Thursday, 1 May 2014 04:06pm EDT 

Procera Networks Inc:Reiterating guidance of annual revenue growth of 15pct for FY 2014.Expects return to non-GAAP profitability in H2 2014.Reported revenue of $74.7 million in fiscal 2013.FY 2014 revenue of $85.6 million - Thomson Reuters I/B/E/S.  Full Article

Procera Networks announces independent registered public accounting firm change - Form 8-K
Monday, 7 Apr 2014 04:02pm EDT 

Procera Networks Inc:On April 4, dismissed Ernst & Young LLP as the company’s independent registered public accounting firm, effective immediately.Effective as of April 4, appointed McGladrey LLP as new independent registered public accounting firm to audit the company’s financial statements as of and for the fiscal year ending Dec. 31.  Full Article

Procera Networks Inc gives FY 2014 revenue guidance below analysts' estimates; comments on H2 2014 profit guidance
Thursday, 27 Feb 2014 04:05pm EST 

Procera Networks Inc:Provides guidance of annual revenue growth of 15 pct. for fiscal 2014.Expects return to non-GAAP profitability in second half of 2014.Reported revenue of $74.7 million in fiscal 2013.Fiscal 2014 revenue of $88.46 million - Thomson Reuters I/B/E/S.  Full Article

Karin Technology Holdings Ltd's subsidiary signs distributorship agreement with Procera Networks in Hong Kong and Macau
Thursday, 27 Feb 2014 04:15am EST 

Karin Technology Holdings Ltd:Sen Spirit Technology Limited secured the distributorship of full suite of global Internet Intelligence solutions and products by Procera Networks Inc.  Full Article

Procera Networks Inc receives multi-million dollar order from tier 1 mobile operator in EMEA
Tuesday, 14 Jan 2014 06:30am EST 

Procera Networks Inc:Says it has received a first-time, multi-million dollar order from a Tier 1 EMEA mobile operator.Says this operator owns ~40% market share in their home market, and is aggressively deploying advanced services that require a higher level of Internet Intelligence for both analytics and enforcement.Says this order was booked in the fourth quarter of 2013 and the associated revenue recognition is expected in the first half of 2014.  Full Article

Procera Networks Inc Lowers Q4, FY 2013 revenue guidance
Tuesday, 7 Jan 2014 08:30am EST 

Procera Networks Inc:Sees revenue for the Q4 2013 expected to be below the company's outlook issued on Nov. 4, 2013.Sees revenue for FY 2013 is expected to be in the range of $74.1 million to $74.6 million, or year-over-year revenue growth of 24% to 25%, as compared to the company's prior expectation of annual revenue growth of at least 30% for fiscal 2013.Says revenue for Q4 2013 is now expected to be in the range of $20.9 million to $21.4 million, or year-over-year quarterly revenue growth of 26% to 29%.Revenues of $78.2 million for FY 2013 and revenues of $24.9 million for Q4 2013 - Thomson Reuters I/B/E/S Estimates.  Full Article

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