HomeCATNews UpdatesBusinessSonus Makes Announcements, But 4Q Expectations Reduced

Sonus Makes Announcements, But 4Q Expectations Reduced

-

Subscribe to our mailing list and consider following WestfordCAT on Facebook, YouTube and Instagram for daily updates from Westford's hometown source for news. 

Westford’s Sonus Networks will be announcing Q4 earnings in February and so far this month the company has been aiming for a strong end to the fiscal year despite lowered expectations.

SonusIn addition to an upcoming reverse stock split, the company announced the acquisition of Software-Defined Networking (SDN) assets from Treq Labs for approximately $10.1 million this month, in addition to achieving Microsoft Lync 2013 Qualification for its SBC 7000 Session Border Controller product.

Treq’s SDN offerings are focused on VoIP, IP video and unified communications traffic while the SBC 7000 Lync qualification will help larger companies communicate according to David Tipping, Sonus’ vice president and general manager of products.

“Microsoft Lync has changed the way companies collaborate and communicate,” said Tipping. “Receiving Microsoft Lync Qualification for the Sonus SBC 7000 gives service providers, large enterprises and contact centers peace of mind about securing their network in a cost-effective way, while simultaneously enabling employees to communicate through instant messaging, collaboration, conferencing, voice and video – globally.”

Sonus (NASDAQ: SONS) expects Q4 revenue of $77 million, near the low end of an initial $76-$82 million revenue guidance range for the quarter.

The company, which has offices on Technology Park Drive here in Westford, was trading just below $4 a share at the end of trading on Jan. 16 after the lowered expectations for Q4 earnings.

Support WestfordCAT News

Local journalism is vital to our communities. As other publications shift focus toward regional journalism, WestfordCAT continues to provide high-quality hyperlocal reporting to our town, free for everyone to read. So  we have a small favor to ask. Every contribution, no matter how big or small, helps us sustain our journalism and keep our community informed. Please consider supporting WestfordCAT by donating online.

Upcoming Events