Acme Packet (APKT) Peers Get Whacked on Warning
Peers of Acme Packet (Nasdaq: APKT) are getting hit today following a nasty profit warning from the communications equipment company.
Around the sector:
Sonus Networks (Nasdaq: SONS) down 2.8%
Cisco (Nasdaq: CSCO) down 1.8%
Riverbed Technology, Inc. (Nasdaq: RVBD)
F5 Networks, Inc. (Nasdaq: FFIV) down 3.8%
Aruba Networks, Inc. (Nasdaq: ARUN) down 3%
Juniper Networks, Inc. (Nasdaq: JNPR) down 2.7%
ADTRAN Inc. (Nasdaq: ADTN) down 6.8%
Acme Packet said its see non-GAAP EPS between $0.26 and $0.28, versus the consensus of $0.37. They see revenues between $84 million to $86 million, versus the consensus of $93.4 million.
For the year, they see non-GAAP EPS between $1.03 and $1.05, versus its earlier outlook of between $1.14 and $1.18, and the consensus of $1.14. They see revenues between $308 million and $310 million versus the consensus of $318 million.
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Around the sector:
Sonus Networks (Nasdaq: SONS) down 2.8%
Cisco (Nasdaq: CSCO) down 1.8%
Riverbed Technology, Inc. (Nasdaq: RVBD)
F5 Networks, Inc. (Nasdaq: FFIV) down 3.8%
Aruba Networks, Inc. (Nasdaq: ARUN) down 3%
Juniper Networks, Inc. (Nasdaq: JNPR) down 2.7%
ADTRAN Inc. (Nasdaq: ADTN) down 6.8%
Acme Packet said its see non-GAAP EPS between $0.26 and $0.28, versus the consensus of $0.37. They see revenues between $84 million to $86 million, versus the consensus of $93.4 million.
For the year, they see non-GAAP EPS between $1.03 and $1.05, versus its earlier outlook of between $1.14 and $1.18, and the consensus of $1.14. They see revenues between $308 million and $310 million versus the consensus of $318 million.
Get immediate access to market moving news and alerts with StreetInsider.com Premium - FREE TRIAL!
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