30.10.2017 12:16:17
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Sonus Networks, Inc. Profit Advances 108% In Q3
(RTTNews) - Sonus Networks, Inc. (SONS) revealed earnings for its third quarter that gained ground compared to the same period last year.
The company said its bottom line climbed to $12.95 million, or $0.26 per share. This was up from $6.22 million, or $0.12 per share, in last year's third quarter.
The company said revenue for the quarter rose 14.8% to $74.6 million. This was up from $65.0 million last year.
Sonus Networks, Inc. earnings at a glance:
-Earnings (Q3): $12.95 Mln. vs. $6.22 Mln. last year. -Earnings Growth (Y-o-Y): 108.2% -EPS (Q3): $0.26 vs. $0.12 last year. -EPS Growth (Y-o-Y): 116.7% -Revenue (Q3): $74.6 Mln vs. $65.0 Mln last year. -Revenue Change (Y-o-Y): 14.8%
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