SONS Message Board - Msg: 27202418

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Technology Stocks : SONS

SONS 7.830

+2.8%

Nov 28 4:00 PM EST

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From: Bill Wolf	3/1/2011 9:38:05 AM
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Sonus Soars As VOIP Hardware Maker Crushes Q4 Estimates Feb. 28 2011 - 8:53 pm \| 2,320 views \| 0 recommendations \| 0 comments By ERIC SAVITZ Shares of voice over IP equipment maker Sonus Networks (SONS) are skyrocketing in after hours trading on better-than-expected Q4 financial results. For the quarter, Sonus reported revenue of $83 million and profits of 4 cents a share; the Street had been projecting just $65.1 million and a loss of a penny a share. For 2011, Sonus is forecasting revenue of $265 million to $285 million, ahead of the previous Street consensus of $257.4 million. The company sees non-GAAP gross margin this year of 59%-63%, about flat with the 61.4% reported for 2010. SONS in late trading is up 89 cents, or 29.4%, to $3.92.

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