Sonus Networks Reports Q2 Revenue of $87.9 million

Sonus Networks reported Q2 revenues of $87.9 million, compared to $74.0 million in the first quarter of fiscal 2008 and $75.5 million for the second quarter of fiscal 2007, an increase of 16% year over year. Net income on a GAAP basis for the second quarter of 2008 was $0.1 million, or $0.00 per diluted share, compared to GAAP net income of $0.6 million, or $0.00 per diluted share, for the first quarter of 2008, and a GAAP net loss of $7.0 million, or $0.03 per share, for the second quarter of 2007.
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