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Sonus Networks Inc (SONS.OQ)

SONS.OQ on NASDAQ Stock Exchange Global Select Market

7.68USD
28 Apr 2017
Change (% chg)

$-0.16 (-2.04%)
Prev Close
$7.84
Open
$7.83
Day's High
$7.87
Day's Low
$7.60
Volume
127,188
Avg. Vol
128,744
52-wk High
$10.00
52-wk Low
$5.53

Latest Key Developments (Source: Significant Developments)

Sonus Networks Q2 non-GAAP loss per share $0.10
Wednesday, 26 Apr 2017 07:01am EDT 

April 26 (Reuters) - Sonus Networks Inc :Sonus Networks reports 2017 first quarter results.Sees Q2 non-GAAP loss per share $0.10.Sees FY 2017 non-GAAP earnings per share $0.26.Qtrly total revenue $53.4 million versus. $59.2 million.Sonus Networks sees first half 2017 revenue will be about $107 million, with approximately $54 million in Q2..Sonus Networks Inc - looking forward to fiscal 2017, we maintain our previously provided guidance of flat to low single digit revenue growth versus. 2016.Sonus Networks Inc - expect a GAAP loss per share of $0.25 and maintain our outlook for non-GAAP diluted earnings per share of $0.26 for fiscal 2017.FY2017 earnings per share view $0.18, revenue view $250.1 million -- Thomson Reuters I/B/E/S.Qtrly non-GAAP loss per share $0.09.Qtrly GAAP loss per share $0.22.Q1 earnings per share view $-0.13, revenue view $52.1 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

Sonus Networks gives Q3 2015 guidance; gives FY 2015 guidance; EPS guidance above analysts' estimates
Wednesday, 29 Jul 2015 07:01am EDT 

Sonus Networks:Expects Q3 2015 total company revenue to be about $65 million.Expects Q3 2015 EPS in the range of $0.05 to $0.08.Expects FY 2015 total company revenue to be in the range of $245 million to $250 million.Expects FY 2015 EPS in the range of $(0.10) to break even.Q3 2015 revenue of $64.9 million and EPS of $0.05 - Thomson Reuters I/B/E/S.FY 2015 revenue of $245.6 million and EPS of $(0.17) - Thomson Reuters I/B/E/S.  Full Article

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