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Acme Packet Reports Results for First Quarter of 2012
Bedford, Massachusetts May 2, 2012 Acme Packet, Inc. (NASDAQ: APKT), the leader in session delivery network solutions, today announced results for the first quarter of 2012. All earnings per share results are on a fully diluted basis.
Results for the First Quarter of 2012
Total revenue for the first quarter of 2012 was $70.8 million, compared to $74.0 million in the first quarter of 2011 and $83.0 million in the fourth quarter of 2011. Net income for the first quarter of 2012 was $2.4 million, or $0.03 per share, compared to $13.7 million, or $0.19 per share, in the first quarter of 2011 and $8.7 million, or $0.12 per share, in the fourth quarter of 2011. Net income on a non-GAAP1 basis for the first quarter of 2012 was $12.2 million, or $0.17 per share, compared to $18.9 million, or $0.27 per share, in the first quarter of 2011, and $18.3 million, or $0.26 per share, in the fourth quarter of 2011.
Company to Host Live Conference Call and Webcast
The Companys management team plans to host a live conference call and webcast at 4:30 p.m. eastern time today to discuss the financial results as well as managements outlook for the business. The conference call may be accessed in the United States by dialing 1.877.777.1972 and using access code APKT. The conference call may be accessed outside of the United States by dialing +1.612.332.0932 and using access code APKT. The conference call will be simultaneously webcast on the Companys investor relations website, which can be accessed at www.ir.acmepacket.com. A replay of the conference call will be available approximately two hours after the call by dialing 1.800.475.6701 or +1.320.365.3844 and using access code 243684 or by accessing the webcast replay on the Companys investor relations website.
The following information was filed by Acme Packet Inc (APKT) on Wednesday, May 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-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.
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