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Acme Packet Inc (APKT) SEC Filing 10-Q Quarterly report for the period ending Thursday, June 30, 2011

Acme Packet Inc

CIK: 1130258 Ticker: APKT
Exhibit 99.1
     
    (ACME PACKET LOGO)
         
Investor Relations:
      Media and Analyst Contact:
Brian Norris
      CHEN PR
Acme Packet
      Chris Carleton
+1.781.328.4790
      +1.781.672.3115
bnorris@acmepacket.com
      ccarleton@chenpr.com
Acme Packet Reports Record Revenue and Earnings in Second Quarter of 2011
Second Quarter Revenues of $79.7 million, up 49% Year-Over-Year and 8% Sequentially —
Second Quarter GAAP EPS of $0.20, up 43% Year-Over-Year —
Second Quarter Non-GAAP1 EPS of $0.29, up 53% Year-Over-Year —
Company Raises 2011 Revenue and Non-GAAP EPS1 Estimates —
Bedford, Massachusetts — July 21, 2011
— Acme Packet, Inc. (NASDAQ: APKT), the leader in session delivery network solutions, today announced record results for the quarter ended June 30, 2011 and raised its business outlook for 2011. All earnings per share results are on a fully diluted basis unless otherwise noted.
Results for the Second Quarter of 2011
Total revenue in the second quarter of 2011 was $79.7 million, compared to $53.3 million in the second quarter of 2010 and $74.0 million in the first quarter of 2011. Net income in the second quarter of 2011 was $14.0 million, or $0.20 per share, compared to $9.7 million, or $0.14 per share, in the second quarter of 2010 and $13.7 million, or $0.19 per share, in the first quarter of 2011. Net income on a non-GAAP1 basis in the second quarter of 2011 was $20.4 million, or $0.29 per share, compared to $12.5 million, or $0.19 per share, in the second quarter of 2010, and $18.9 million, or $0.27 per share, in the first quarter of 2011.

 


The following information was filed by Acme Packet Inc (APKT) on Thursday, July 21, 2011 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-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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SEC Filing Tools
Ticker: APKT
CIK: 1130258
Form Type: 10-Q Quarterly Report
Accession Number: 0000950123-11-067208
Submitted to the SEC: Thu Jul 21 2011 4:57:11 PM EST
Accepted by the SEC: Thu Jul 21 2011
Period: Thursday, June 30, 2011
Industry: Computer Communications Equipment

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