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Exhibit 99.1
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Investor Relations Contact:
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Media and Analyst Contact: | |
Brian Norris
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Mike O’Malley | |
Acme Packet
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Acme Packet | |
+1.781.328.4790
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+1.781.869.2975 | |
bnorris@acmepacket.com
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momalley@acmepacket.com |
Acme Packet Reports Results for Third Quarter of 2011
– Company Reaffirms 2011 Revenue and Earnings Estimates —
Bedford, Massachusetts — October 20, 2011 — Acme Packet, Inc. (NASDAQ: APKT), the leader in
session delivery network solutions, today announced results for the third quarter ended September
30, 2011 and reaffirmed its business outlook for 2011.
Results for the Third Quarter of 2011
Total revenue in the third quarter of 2011 was $70.6 million, compared to $56.6 million in the
third quarter of 2010 and $79.7 million in the second quarter of 2011. Net income in the third
quarter of 2011 was $7.9 million, or $0.11 per share, compared to $10.5 million, or $0.15 per
share, in the third quarter of 2010 and $14.0 million, or $0.20 per share, in the second quarter of
2011. Net income on a non-GAAP1 basis in the third quarter of 2011 was $14.6 million,
or $0.21 per share, compared to $13.7 million, or $0.20 per share, in the third quarter of 2010,
and $20.4 million, or $0.29 per share, in the second quarter of 2011. All earnings per share
results are on a fully diluted basis.
“The fundamentals of our business remain strong, and we remain well positioned to take advantage of
the profound shift to Internet-based voice, video and unified communications,” said Andy Ory,
President and CEO of Acme Packet, Inc. “We are excited about the new products and partnerships that
we have launched to drive the next stage of our growth. We remain confident in our ability to
execute on our full year business outlook.”
Company Reaffirms Business Outlook for 2011
The Company today reaffirmed its business outlook for 2011. The Company’s outlook is based on the
current indications for its business, which may change at any time. A reconciliation of the
Company’s
The following information was filed by Acme Packet Inc (APKT) on Thursday, October 20, 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.
View differences made from one quarter to another to evaluate Acme Packet Inc's financial trajectory
Compare this 10-Q Quarterly Report to its predecessor by reading our highlights to see what text and tables were removed , added and changed by Acme Packet Inc.
APKT Quarterly Reports
- 10-Q Quarterly Report October 2012
- 10-Q Quarterly Report August 2012
- 10-Q Quarterly Report May 2012
-
10-Q Quarterly Report October 2011
- 10-Q Quarterly Report July 2011
