Sonus Networks (SONS) Tops Q1 EPS by 5c
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Financial Fact:
Basic (in dollars per share): -0.08
Today's EPS Names:
NLY, CP, RUSHA, More
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Sonus Networks (NASDAQ: SONS) reported Q1 EPS of $0.03, $0.05 better than the analyst estimate of ($0.02). Revenue for the quarter came in at $59.2 million versus the consensus estimate of $58.38 million.
The Company's guidance is based on current indications for its business, which is subject to change. Gross margin, operating expenses and diluted earnings per share are presented on a non-GAAP basis. A reconciliation of the non-GAAP to GAAP guidance and a statement on the use of non-GAAP financial measures are included at the end of this press release.
Q216 Guidance | FY16 Guidance | |
Total Company Revenue | $59 million to $60 million | $255 million to $265 million |
Non-GAAP Gross Margin1 | 68.5% | Not provided |
Non-GAAP Operating Expenses1 | $38 million to $39 million | Not provided |
Non-GAAP Diluted Earnings per Share1 | $0.03 to $0.04 | $0.27 to $0.34 |
Diluted Shares | 50 million | 50 million |
For earnings history and earnings-related data on Sonus Networks (SONS) click here.
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