Acme Packet, Inc. (APKT) Tops Q2 EPS by 2c; Raises Guidance

July 21, 2011 4:12 PM EDT
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Price: $29.24 --0%

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Acme Packet, Inc. (NASDAQ: APKT) reported Q2 EPS of $0.29, $0.02 better than the analyst estimate of $0.27. Revenue for the quarter came in at $79.7 million versus the consensus estimate of $76.86 million.

Acme Packet, Inc. sees FY2011 EPS of $1.14-$1.18, versus prior guidance of $1.10-$1.15 and the consensus of $1.16. Acme Packet, Inc. sees FY2011 revenue of $315-$320 million, versus prior guidance of $310-$315 million and the consensus of $322.65 million.


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