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Acme Packet Inc (APKT) SEC Filing 10-Q Quarterly report for the period ending Sunday, September 30, 2012

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 Third Quarter of 2012

– Company Updates Outlook for 2012 –

Bedford, Massachusetts – October 25, 2012

— Acme Packet, Inc. (NASDAQ: APKT), the leader in session delivery network solutions, today announced results for the third quarter of 2012 and updated its business outlook for 2012. All earnings per share results are on a fully diluted basis.

Results for the Third Quarter of 2012

Total revenue for the third quarter of 2012 was $65.3 million, compared to $70.6 million in the third quarter of 2011 and $67.6 million in the second quarter of 2012. GAAP net loss for the third quarter of 2012 was $5.5 million, or $(0.08) per share, compared to GAAP net income of $7.9 million, or $0.11 per share, in the third quarter of 2011 and GAAP net loss of $0.1 million, or $(0.00) per share, in the second quarter of 2012. Net income on a non-GAAP1 basis for the third quarter of 2012 was $4.7 million, or $0.07 per share, compared to $14.6 million, or $0.21 per share, in the third quarter of 2011, and $9.5 million, or $0.13 per share, in the second quarter of 2012.

Company Updates Business Outlook for 2012

The Company today updated its business outlook for 2012. 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 expected GAAP to non-GAAP business outlook, and a statement as to the use of non-GAAP financial measures, is included at the end of this press release.


The following information was filed by Acme Packet Inc (APKT) on Thursday, October 25, 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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Acme Packet Inc's Definitive Proxy Statement (Form DEF 14A) filed after their 2012 10-K Annual Report includes:

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SEC Filing Tools
Ticker: APKT
CIK: 1130258
Form Type: 10-Q Quarterly Report
Accession Number: 0001193125-12-437730
Submitted to the SEC: Fri Oct 26 2012 4:39:12 PM EST
Accepted by the SEC: Fri Oct 26 2012
Period: Sunday, September 30, 2012
Industry: Computer Communications Equipment

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