Wednesday, October 19, 2011

Acme Packet Posts Q3 Revenue of $70.6 Million

Acme Packet reported Q3 revenue of $70.6 million, compared to $56.6 million in the third quarter of 2010 and $79.7 million in the second quarter of 2011. Net income in the third quarter of 2011 was $7.9 million, or $0.11 per share, compared to $10.5 million, or $0.15 per share, in the third quarter of 2010 and $14.0 million, or $0.20 per share, in the second quarter of 2011.

“The fundamentals of our business remain strong, and we remain well positioned to take advantage of the profound shift to Internet-based voice, video and unified communications,�? said Andy Ory, President and CEO of Acme Packet, Inhttp://www.acmepacket.com