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Technology Stocks : Allot Communications Ltd (ALLT)
ALLT 9.630+0.3%Oct 31 9:30 AM EDT

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To: Sr K who wrote (29)11/15/2011 8:50:41 AM
From: JakeStraw  Read Replies (1) of 89
 
Sr K, Have you ever looked at PKT?

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Procera Networks Announces Third Quarter 2011 Results

Third Quarter Revenue of $12.2 Million, Up 158% Year-Over-Year

Third Quarter Highlights


  • Revenue of $12.2 million, up 158% from Q310
  • Bookings of $21 million, up 360% from Q310
  • Added 15 new service provider customers
  • Won two new Tier-1 customers in APAC including one fixed and one mobile operator
  • Received significant follow on orders during the quarter, including multi-million dollar follow-on orders from a leading European mobile operator and a leading North American cable operator
  • Support revenue of $2.1 million, up 66% from Q310
  • Received 53 new higher education product orders
  • 18 direct Tier-1 trials ongoing or planned over the next 90 days
  • Gross margin of 61%, compared to 62% in Q211 and 57% in Q310
  • Net income of $2.0 million, compared to a net loss of $0.7 million in Q310
  • Cash and short-term investments was $34.3 million at September 30, 2011
Financial Guidance
Procera is increasing its annual revenue guidance for 2011 to $40 million, representing growth of 100% year-over-year.

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