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March 2013
February 2013
October 2012
July 2012
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February 2012
Exhibit 99.1
Investor Relations Contact: Brian Norris Acme Packet +1.781.328.4790 bnorris@acmepacket.com |
Media and Analyst Contact: Mike OMalley Acme Packet +1.781.869.2975 momalley@acmepacket.com |
Acme Packet Reports Results for Fourth Quarter of 2012
Bedford, Massachusetts February 4, 2013 Acme Packet, Inc. (NASDAQ: APKT), the leader in session delivery network solutions, today announced results for the fourth quarter of 2012.
Results for the Fourth Quarter of 2012
Total revenue for the fourth quarter of 2012 was $70.7 million, compared to $83.0 million in the fourth quarter of 2011 and $65.3 million in the third quarter of 2012. GAAP net loss for the fourth quarter of 2012 was $2.0 million, or $(0.03) per share, compared to GAAP net income of $8.7 million, or $0.12 per share, in the fourth quarter of 2011 and GAAP net loss of $5.5 million, or $(0.08) per share, in the third quarter of 2012. Net income on a non-GAAP1 basis for the fourth quarter of 2012 was $6.5 million, or $0.09 per share, compared to $18.3 million, or $0.26 per share, in the fourth quarter of 2011, and $4.7 million, or $0.07 per share, in the third quarter of 2012. All earnings per share results, referenced above, are on a fully diluted basis.
Quarterly Conference Call Cancelled
As a result of the earlier announcement, Oracle to Buy Acme Packet, Acme Packet is cancelling its financial results conference call previously scheduled for today.
1 | A reconciliation of GAAP to non-GAAP results, and a statement on the use of non-GAAP financial measures, is included at the end of this press release. |
About Acme Packet
Acme Packet (NASDAQ: APKT), the leader in session delivery network solutions, enables the trusted, first-class delivery of next-generation voice, video, data and unified communications services and applications across IP networks. Our Net-Net product family fulfills demanding security, service assurance and regulatory requirements in service provider, enterprise and contact center networks. Based in Bedford, Massachusetts, Acme Packet designs and manufactures its products primarily in the USA, selling them through over 330 reseller partners worldwide. More than 1,925 customers in 109 countries have deployed over 21,000 Acme Packet systems, including 89 of the top 100 service providers and 51 of the Fortune 100. For more information visit www.acmepacket.com.
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Acme Packet Inc's Definitive Proxy Statement (Form DEF 14A) filed after their 2013 10-K Annual Report includes:
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Acme Packet Inc provided additional information to their SEC Filing as exhibits
Ticker: APKT
CIK: 1130258
Form Type: 10-K Annual Report
Accession Number: 0001193125-13-086647
Submitted to the SEC: Fri Mar 01 2013 11:16:18 AM EST
Accepted by the SEC: Fri Mar 01 2013
Period: Monday, December 31, 2012
Industry: Computer Communications Equipment