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Acme Packet Inc (APKT) SEC Filing 10-K Annual report for the fiscal year ending Monday, December 31, 2012

Acme Packet Inc

CIK: 1130258 Ticker: APKT

Exhibit 99.1

 

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Acme Packet

+1.781.328.4790

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Media and Analyst Contact:

Mike O’Malley

Acme Packet

+1.781.869.2975

momalley@acmepacket.com

Acme Packet Reports Results for Fourth Quarter of 2012

Bedford, Massachusetts – February 4, 2013

— Acme Packet, Inc. (NASDAQ: APKT), the leader in session delivery network solutions, today announced results for the fourth quarter of 2012.

Results for the Fourth Quarter of 2012

Total revenue for the fourth quarter of 2012 was $70.7 million, compared to $83.0 million in the fourth quarter of 2011 and $65.3 million in the third quarter of 2012. GAAP net loss for the fourth quarter of 2012 was $2.0 million, or $(0.03) per share, compared to GAAP net income of $8.7 million, or $0.12 per share, in the fourth quarter of 2011 and GAAP net loss of $5.5 million, or $(0.08) per share, in the third quarter of 2012. Net income on a non-GAAP1 basis for the fourth quarter of 2012 was $6.5 million, or $0.09 per share, compared to $18.3 million, or $0.26 per share, in the fourth quarter of 2011, and $4.7 million, or $0.07 per share, in the third quarter of 2012. All earnings per share results, referenced above, are on a fully diluted basis.

Quarterly Conference Call Cancelled

As a result of the earlier announcement, Oracle to Buy Acme Packet, Acme Packet is cancelling its financial results conference call previously scheduled for today.

 

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A reconciliation of GAAP to non-GAAP results, and a statement on the use of non-GAAP financial measures, is included at the end of this press release.

About Acme Packet

Acme Packet (NASDAQ: APKT), the leader in session delivery network solutions, enables the trusted, first-class delivery of next-generation voice, video, data and unified communications services and applications across IP networks. Our Net-Net product family fulfills demanding security, service assurance and regulatory requirements in service provider, enterprise and contact center networks. Based in Bedford, Massachusetts, Acme Packet designs and manufactures its products primarily in the USA, selling them through over 330 reseller partners worldwide. More than 1,925 customers in 109 countries have deployed over 21,000 Acme Packet systems, including 89 of the top 100 service providers and 51 of the Fortune 100. For more information visit www.acmepacket.com.


The following information was filed by Acme Packet Inc (APKT) on Monday, February 4, 2013 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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Financial Statements, Disclosures and Schedules

Inside this 10-K Annual Report

Document And Entity Information
Consolidated Balance Sheets
Consolidated Balance Sheets (parenthetical)
Consolidated Statements Of Cash Flows
Consolidated Statements Of Cash Flows (parenthetical)
Consolidated Statements Of Operations And Comprehensive (loss) Income
Consolidated Statements Of Operations And Comprehensive (loss) Income (parenthetical)
Consolidated Statements Of Stockholders' Equity
(loss) Income Before (benefit From) Provision For Income Taxes (detail)
401 (k) Plan - Additional Information (detail)
401(k) Plan
Accrued Expenses And Other Current Liabilities
Accrued Expenses And Other Current Liabilities (detail)
Accrued Expenses And Other Current Liabilities (tables)
Allocation Of Purchase Consideration (detail)
Allocation Of Purchase Consideration (parenthetical) (detail)
Business Combinations
Business Combinations (tables)
Business Combinations - Additional Information (detail)
Business Description
Cash, Cash Equivalents, Short And Long-term Investments (detail)
Certain Customers Whose Accounts Receivable Balances Individually Represented 10% Or More Of Accounts Receivable (detail)
Certain Customers Whose Accounts Receivable Balances Individually Represented 10% Or More Of Accounts Receivable (parenthetical) (detail)
Certain Customers Whose Revenue Individually Represented 10% Or More Of Total Revenue (detail)
Certain Customers Whose Revenue Individually Represented 10% Or More Of Total Revenue (parenthetical) (detail)
Changes In Amount Reserved For Warranty Cost (detail)
Changes In Carrying Amount Of Goodwill (detail)
Commitments And Contingencies
Commitments And Contingencies (tables)
Commitments And Contingencies - Additional Information (detail)
Components Of Provision For Income Taxes (detail)
Effects To Previously Reported Condensed Consolidated Statements Of Income As If Adopted Standards (detail)
Equity Incentive Plans
Equity Incentive Plans (tables)
Equity Incentive Plans - Additional Information (detail)
Estimated Remaining Amortization Expense (detail)
Estimated Useful Lives (detail)
Financial Instruments Carried At Fair Value Within Accounting Standard Hierarchy And Using Lowest Level Of Input (detail)
Finite-lived Intangible Assets (detail)
Future Minimum Lease Payments Under Non-cancelable Operating Leases (detail)
Income Tax Effect (detail)
Income Taxes
Income Taxes (tables)
Income Taxes - Additional Information (detail)
Intangible Assets And Goodwill
Intangible Assets And Goodwill (tables)
Intangible Assets And Goodwill - Additional Information (detail)
Inventory (detail)
Property And Equipment (detail)
Quarterly Financial Data (unaudited)
Quarterly Financial Data (unaudited) (detail)
Quarterly Financial Data (unaudited) (tables)
Reconciliation Of Number Of Shares Used In Calculation Of Basic And Diluted Net (loss) Income Per Share (detail)
Reconciliation Of U.s. Federal Statutory Rate To Company's Effective Tax Rate (detail)
Revenue To Unaffiliated Customers By Geographic Area (detail)
Segment Information
Segment Information (tables)
Segment Information - Additional Information (detail)
Stockholders' Equity
Stockholders' Equity - Additional Information (detail)
Summary Of Changes In Accounts Receivable Allowance (detail)
Summary Of Significant Accounting Policies
Summary Of Significant Accounting Policies (policies)
Summary Of Significant Accounting Policies (tables)
Summary Of Significant Accounting Policies - Additional Information (detail)
Summary Of Status Of Stock Options And Stock Option Activity For All Stock Option Plans (detail)
Summary Of Status Of Stock Options And Stock Option Activity For All Stock Option Plans (parenthetical) (detail)
Summary Of Unvested Restricted Stock Units Outstanding (detail)
Weighted-average Assumptions Used To Estimate Fair Values Of Stock Options And Purchase Plan Shares Granted (detail)
Ticker: APKT
CIK: 1130258
Form Type: 10-K Annual Report
Accession Number: 0001193125-13-086647
Submitted to the SEC: Fri Mar 01 2013 11:16:18 AM EST
Accepted by the SEC: Fri Mar 01 2013
Period: Monday, December 31, 2012
Industry: Computer Communications Equipment

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