Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: Shares of voice and data networking gear maker Sonus Networks
So what: Sonus just reported third-quarter results with $0.01 of earnings per share on $66.4 million in sales -- ahead of analysts on the top line and exactly as expected on the bottom line. Shares are now back where they were at the start of 2011 and again three months ago.
Now what: The company competes with Acme Packet
Interested in more info about Sonus Networks? Click here to add it to My Watchlist.
Fool contributor Anders Bylund owns shares of Sonus Networks but holds no other position in any of the companies mentioned. Motley Fool newsletter services have recommended buying shares of Acme Packet. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinion, but we all believe that considering a diverse range of insights makes us better investors. Check out Anders' holdings and bio, or follow him on Twitter and Google+. We have a disclosure policy.