| After the market closed, Sonus Networks (SONS: news, chart, profile) reported a first-quarter loss of $12.7 million, or 7 cents a share, beating the consensus estimate of an 8-cent loss. In the year-ago period, the company posted earnings of $200,000, or breakeven on a per-share basis. Including items, the company posted a loss of $16.2 million, or 9 cents a share, for the latest quarter. Revenue for the quarter totaled $21.2 million, down compared with the year-ago total of $41.5 million. Shares of the voice infrastructure provider closed down 12 cents to $2.59 Tuesday ahead of the news. |
