Monday, August 2, 2010

Sonus Posts Q2 Revenue of $61.2 Million

Sonus Networks reported Q2 revenue of $61.2 million, compared to $62.4 million in Q1 2010 and $61.6 million for Q2 2009. Net income (GAAP) was $0.3 million, or $0.00 per diluted share, compared to a net loss of $0.1 million, or $0.00 per share, for the first quarter of fiscal 2010.

"We are pleased with our solid operating results in the second quarter," said Richard Nottenburg, President and Chief Executive Officer of Sonus Networks. "During the quarter, we successfully launched the NBS-5200 Network Border Switch on our next generation ConnexIP platform and are pleased with the traction we have made to date."