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Acme Packet Inc (APKT) SEC Filing 10-K Annual report for the fiscal year ending Saturday, December 31, 2011

Acme Packet Inc

CIK: 1130258 Ticker: APKT

Exhibit 99.1

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Investor Relations Contact:

Brian Norris

Acme Packet

+1.781.328.4790

bnorris@acmepacket.com

  

Media and Analyst Contact:

Mike O’Malley

Acme Packet

+1.781.869.2975

momalley@acmepacket.com

Acme Packet Reports Results for Fourth Quarter of 2011

– Fourth Quarter Revenues of $83.0 million, up 18% Year-Over-Year –

– Revenues of $307.3 million in 2011, up 33% over 2010 –

Bedford, Massachusetts – February 2, 2012 – Acme Packet, Inc. (NASDAQ: APKT), the leader in session delivery network solutions, today announced results for the fourth quarter and full year ended December 31, 2011. All earnings per share results are on a fully diluted basis.

Results for the Fourth Quarter of 2011

Total revenue for the fourth quarter of 2011 was $83.0 million, an increase of 18% compared to $70.2 million in the fourth quarter of 2010 and an increase of 18% compared to $70.6 million in the third quarter of 2011. Net income for the fourth quarter of 2011 was $8.7 million, or $0.12 per share, compared to $14.5 million, or $0.21 per share, in the fourth quarter of 2010 and $7.9 million, or $0.11 per share, in the third quarter of 2011. Net income on a non-GAAP1 basis for the fourth quarter of 2011 was $18.3 million, or $0.26 per share, compared to $18.1 million, or $0.26 per share, in the fourth quarter of 2010, and $14.6 million, or $0.21 per share, in the third quarter of 2011.

Results for 2011

Total revenue in 2011 was $307.3 million, an increase of 33% compared to $231.2 million in 2010. Net income in 2011 was $44.4 million, or $0.63 per share, compared to $43.0 million, or $0.63 per share, in 2010. Net income on a non-GAAP1 basis in 2011 was $72.3 million, or $1.02 per share, compared to $55.0 million, or $0.81 per share, in the same period last year.


The following information was filed by Acme Packet Inc (APKT) on Thursday, February 2, 2012 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 Income
Consolidated Statements Of Income (parenthetical)
Consolidated Statements Of Stockholders' Equity And Comprehensive Income
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)
Business Combinations
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)
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 Balance Sheet As If Adopted Standards (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 Before Provision For Income Taxes (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)
Inventories (detail)
Property And Equipment (detail)
Quarterly Financial Data (unaudited)
Quarterly Financial Data (unaudited) (detail)
Quarterly Financial Data (unaudited) (parenthetical) (detail)
Quarterly Financial Data (unaudited) (tables)
Reconciliation Of Number Of Shares Used In Calculation Of Basic And Diluted Net 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)
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 The Stock Options And Stock Option Activity For All Stock Option Plans (detail)
Summary Of Status Of The 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: 0001193125-12-067567
Submitted to the SEC: Fri Feb 17 2012 4:43:55 PM EST
Accepted by the SEC: Fri Feb 17 2012
Period: Saturday, December 31, 2011
Industry: Computer Communications Equipment

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