The 10-second takeaway
Comparing the upcoming quarter with the prior-year quarter, average analyst estimates predict Sonus Networks' revenues will grow 12.4% and EPS will remain in the red.
The average estimate for revenue is $58.2 million. On the bottom line, the average EPS estimate is -$0.03.
Last quarter, Sonus Networks reported revenue of $64.3 million. GAAP reported sales were 4.4% lower than the prior-year quarter's $67.3 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, EPS came in at -$0.02. GAAP EPS were -$0.02 for Q1 compared to -$0.04 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 64.9%, 2,530 basis points better than the prior-year quarter. Operating margin was -9.6%, 750 basis points better than the prior-year quarter. Net margin was -10.0%, 840 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $278.4 million. The average EPS estimate is -$0.03.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 379 members out of 405 rating the stock outperform, and 26 members rating it underperform. Among 59 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 51 give Sonus Networks a green thumbs-up, and eight give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Sonus Networks is outperform, with an average price target of $3.05.
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