Sonus Networks, Inc. Profit Advances 58% In Q4

(RTTNews) - Sonus Networks, Inc. (SONS) revealed earnings for its fourth quarter that increased compared to the same period last year.

The company said its bottom line totaled $11.58 million, or $0.23 per share. This was up from $7.35 million, or $0.15 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.20 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 0.6% to $76.33 million. This was down from $76.80 million last year.

Sonus Networks, Inc. earnings at a glance:

-Earnings (Q4): $11.58 Mln. vs. $7.35 Mln. last year. -Earnings Growth (Y-o-Y): 57.6% -EPS (Q4): $0.23 vs. $0.15 last year. -EPS Growth (Y-o-Y): 53.3% -Analysts Estimate: $0.20 -Revenue (Q4): $76.33 Mln vs. $76.80 Mln last year. -Revenue Change (Y-o-Y): -0.6%

-Guidance: Next quarter EPS guidance: ($0.03) to ($0.01) Next quarter revenue guidance: $58 - $59 Mln