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Sonus Networks Inc (SONS.OQ)

SONS.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

Sonus Networks reports qtrly adj. earnings per share $0.09
Wednesday, 15 Feb 2017 07:01am EST 

Sonus Networks Inc : Sonus Networks reports 2016 fourth quarter and full year results . Qtrly loss per share $0.05 . Qtrly adjusted earnings per share $0.09 . Qtrly total revenue $67.6 million versus $76.3 million . Q4 earnings per share view $0.05, revenue view $67.8 million -- Thomson Reuters I/B/E/S . Sonus Networks Inc - "looking forward to 2017, we see another year of flat to low single digit revenue growth" . Sonus Networks Inc - "expect our first half revenue to be approximately $105 million, with approximately $52 million in our q1" . Sonus Networks Inc - expect a GAAP loss per share of $0.35 and non-gaap diluted earnings per share of $0.26 for 2017 .FY 2017 earnings per share view $0.27, revenue view $261.5 million -- Thomson Reuters I/B/E/S.  Full Article

Sonus Networks Q2 non-gaap earnings per share $0.08
Wednesday, 27 Jul 2016 07:01am EDT 

Sonus Networks Inc : Sonus Networks reports 2016 second quarter results . Sees q3 gaap loss per share $0.07 to $0.06; . sees FY gaap loss per share $0.22 to $0.18 . FY2016 earnings per share view $0.31, revenue view $261.4 million -- Thomson Reuters I/B/E/S . Q2 non-gaap earnings per share $0.08 . Q2 gaap loss per share $0.06 . Q2 revenue $60.9 million versus I/B/E/S view $59.7 million . Q2 earnings per share view $0.03 -- Thomson Reuters I/B/E/S . Expects to record between $3 million and $4 million of restructuring expense over next twelve months . Action to result in expected annual savings of approximately $6 million to $8 million . Sees q3 total company revenue $63 million to $65 million; sees FY revenue $257 million to $263 million . Sees q3 non-gaap diluted earnings per share $0.08 to $0.09 . Sees FY non-gaap diluted earnings per share $0.35 to $0.39 .Q3 earnings per share view $0.09, revenue view $67.0 million -- Thomson Reuters I/B/E/S.  Full Article

Sonus Networks, BofA entered into second amendment to credit agreement on June 13 - SEC filing
Wednesday, 15 Jun 2016 04:49pm EDT 

Sonus Networks Inc : On June 13, 2016, co and Bank Of America entered into second amendment to credit agreement, dated June 26, 2015 - SEC filing . Amendment of credit agreement increases commitments from $15 million to $20 million . Certain terms of credit agreement have been amended by second amendment, including an extension of the maturity date to June 30, 2017 . Certain terms of credit agreement have been amended, including reduction of aggregate amount of cash and cash equivalents from $85 million to $50 million Source: (http://1.usa.gov/1S5XUG3 ) Further company coverage: [SONS.O] (Bengaluru Newsroom: +1 646 223 8780).  Full Article

Sonus says Mark greenquist resigned as CFO of Company
Monday, 13 Jun 2016 04:38pm EDT 

Sonus Networks Inc : Mark greenquist has resigned as chief financial officer of company, effective june 15, 2016 . Sonus networks inc says mark greenquist has resigned as chief financial officer of company, effective june 15, 2016 . Susan villare , vice president of financial planning and analysis, will fulfill duties as interim chief financial officer . Q2 earnings per share view $0.03, revenue view $59.7 million -- Thomson Reuters I/B/E/S . Fy2016 earnings per share view $0.32, revenue view $261.5 million -- Thomson Reuters I/B/E/S .Sonus announces greenquist departure and affirms q216 and fy2016 outlook.  Full Article

Sonus Networks Inc gives Q2, FY 2016 guidance
Wednesday, 27 Apr 2016 07:01am EDT 

Sonus Networks Inc:Expects Q2 2016 total company revenue of $59 million to $60 million.Expects Q2 2016 non-GAAP diluted earnings per share of $0.03 to $0.04.Expects FY 2016 total company revenue of $255 million to $265 million.Expects FY 2016 non-GAAP diluted earnings per share of $0.27 to $0.34.  Full Article

Sonus Networks Inc gives Q1, FY 2016 guidance
Tuesday, 16 Feb 2016 07:01am EST 

Sonus Networks Inc:Expects Q1 2016 total company revenue of $58 million to $59 million.Expects Q1 2016 loss per share of ($0.03) to ($0.01.Expects FY 2016 total company revenue of $255 million to $265 million.Expects FY 2016 earnings per share of $0.20 to $0.27.  Full Article

BRIEF-Sonus Networks - ‍Raymond Dolan will be CEO of NewCo post Sonus and GENBAND

* Sonus Networks Inc - ‍Raymond Dolan will be president and chief executive officer​ of NewCo post Sonus and GENBAND Source text: (http://bit.ly/2uGgOnL) Further company coverage: