Acme Packet Third Quarter Earnings Sneak Peek
Acme Packet, Inc. (NASDAQ:APKT) will unveil its latest earnings tomorrow, Monday, February 4, 2013. Acme Packet provides session border controllers that enable service providers to deliver secure interactive communications–voice, video, and other real-time multimedia sessions–across Internet Protocol network borders.
Acme Packet, Inc. Earnings Preview Cheat Sheet
Wall St. Earnings Expectations: The average analyst estimate is for a loss of 5 cents per share, a spike from profit of 13 cents in the year-ago quarter. The average estimate is the same as three months ago. Between one and three months ago, the average estimate was unchanged. It also has not changed during the last month. For the year, analysts are projecting net loss of 10 cents per share, a swing from net income of 65 cents last year.
Past Earnings Performance: The company fell short of estimates last quarter after being in line with forecasts the quarter prior. In the second quarter, it reported a loss of 7 cents per share versus a mean estimate of 4 cents. Two quarters ago, it reported profit of 2 cents per share.
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A Look Back: In the second quarter, the company swung to a loss of $127,000 (0 cents a share) from a profit of $14 million (20 cents) a year earlier, missing analyst expectations. Revenue fell 15.2% to $67.6 million from $79.7 million..
Here’s how Acme Packet traded following its last earnings report 3 months ago and leading up to its upcoming earnings report this week: