Acme Packet (APKT) Peers Could See Weakness on Warning

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Acme Packet (Nasdaq: APKT) rivals could see weakness after the company warned for Q4 and FY11.

Traders will be watching: Sonus Networks (Nasdaq: SONS), Cisco (Nasdaq: CSCO), Riverbed Technology, Inc. (Nasdaq: RVBD), F5 Networks, Inc. (Nasdaq: FFIV), Aruba Networks, Inc. (Nasdaq: ARUN), Juniper Networks, Inc. (Nasdaq: JNPR), ADTRAN Inc. (Nasdaq: ADTN).

Acme Packet see non-GAAP EPS between $0.26 and $0.28 and revenues between $84 million to $86 million, versus the consensus of $0.37 and $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 revenues between $308 million and $310 million versus the consensus of $1.14 and $318 million.

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