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What: Shares of telecommunications infrastructure provider Acme Packet
So what: The official earnings release isn't scheduled until later this month, but the company has a pretty good idea of what to expect at this juncture. Revenue will be approximately $70 million and non-GAAP earnings per share between $0.20 and $0.22. These figures are lower than the $82.8 million revenue and $0.30 earnings that analysts were looking for.
Now what: The softness is related to a large order from AT&T
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Fool contributor Evan Niu owns shares of AT&T, but he holds no other position in any company mentioned. Click here to see his holdings and a short bio. Motley Fool newsletter services have recommended buying shares of AT&T and Acme Packet. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.