Monday, November 6, 2006

Acme Packet Reports Revenue of $22.3 million

Acme Packet reported Q3 revenue of $22.3 million, up from $6.8 million in the same period last year. For the three month period ended September 30, 2006, net income was $6.8 million. Basic and diluted net income per share for the three month period ended September 30, 2006 was $0.14 per share and $0.12 per share, respectively.

"Our top line growth -- which continues to be fueled by the broad support by new customers and new projects launched by existing customers -- demonstrates the value that session border controllers (SBCs) play in advanced IP service creation and delivery," said Andy Ory, President and Chief Executive Officer of Acme Packet.

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