Please wait while we load the requested 10-K report or click the link below:
https://last10k.com/sec-filings/report/1130258/000104746908002683/a2183433z10-k.htm
March 2013
February 2013
October 2012
July 2012
July 2012
July 2012
May 2012
May 2012
May 2012
February 2012
Exhibit 99.1
Investor
Relations: |
|
Industry Analysts / Trade and
Business Press:
|
Acme Packet Reports Record Results for Fourth Quarter of Fiscal Year 2007
Company Posts Record Revenues and Pre-Tax Earnings; Issues Business Outlook for 2008
BURLINGTON, MA. February 7, 2008 Acme Packet, Inc. (NASDAQ: APKT), the leader in session border control solutions, today announced results for the fourth quarter and fiscal year ended December 31, 2007. The Company also issued its business outlook for the fiscal year ending December 31, 2008. Summary financial results are as follows:
Fiscal Year 2007 Q4:
· Record Quarterly Revenues of $31.4 million, up 32% year-over-year;
· Record Quarterly Earnings Before Income Taxes of $8.7 million, up 29% year-over-year;
Fiscal Year 2007:
· Record Annual Revenues of $113.1 million, up 34% year-over-year;
· Record Annual Earnings Before Income Taxes of $30.9 million, up 22% year-over-year;
Results for the Fourth Quarter of Fiscal Year 2007
Total revenues for the fourth quarter of fiscal year 2007 grew to a record $31.4 million, an increase of 32% compared to $23.7 million in the same period last year. Earnings before taxes for the fourth quarter of fiscal year 2007 grew to a record $8.7 million, an increase of 29% compared to $6.7 million in the same period last year. The Companys results in the fourth quarter of fiscal year 2007 reflect a fully effective GAAP tax rate of approximately 40% compared to a tax benefit in the same period last year when the Company was able to utilize net operating loss carryforwards and tax credits to offset taxable income. Net income for the fourth quarter of fiscal year 2007 was $5.2 million, or $0.08 per share on a diluted basis, compared to $10.8 million, or $0.18 per share on a diluted basis, in the same period last year. Net income on a non-GAAP(1) basis for the fourth quarter of 2007 was $6.5 million, or $0.10 per share on a diluted basis compared to $6.5 million, or $0.11 per share on a diluted basis in the same
Please wait while we load the requested 10-K report or click the link below:
https://last10k.com/sec-filings/report/1130258/000104746908002683/a2183433z10-k.htm
Compare this 10-K Annual Report to its predecessor by reading our highlights to see what text and tables were removed , added and changed by Acme Packet Inc.
Acme Packet Inc's Definitive Proxy Statement (Form DEF 14A) filed after their 2008 10-K Annual Report includes:
Material Contracts, Statements, Certifications & more
Acme Packet Inc provided additional information to their SEC Filing as exhibits
Ticker: APKT
CIK: 1130258
Form Type: 10-K Annual Report
Accession Number: 0001047469-08-002683
Submitted to the SEC: Thu Mar 13 2008 4:31:33 PM EST
Accepted by the SEC: Thu Mar 13 2008
Period: Monday, December 31, 2007
Industry: Computer Communications Equipment