Sonus Networks, Inc. Q3 Profit Climbs 57%

(RTTNews) - Sonus Networks, Inc. (SONS) released earnings for its third quarter that advanced from last year.

The company said its bottom line came in at $5.59 million, or $0.11 per share. This was up from $3.55 million, or $0.07 per share, in last year's third quarter.

The company said revenue for the quarter fell 7.3% to $67.86 million. This was down from $73.22 million last year.

Sonus Networks, Inc. earnings at a glance:

-Earnings (Q3): $5.59 Mln. vs. $3.55 Mln. last year. -Earnings Growth (Y-o-Y): 57.5% -EPS (Q3): $0.11 vs. $0.07 last year. -EPS Growth (Y-o-Y): 57.1% -Revenue (Q3): $67.86 Mln vs. $73.22 Mln last year. -Revenue Change (Y-o-Y): -7.3%

-Guidance: Next quarter EPS guidance: $0.18 to $0.21 Next quarter revenue guidance: $73 Mln - $75 Mln Full year EPS guidance: ($0.05) to ($0.08) Full year revenue guidance: $246 Mln - $248 Mln