Acme Packet (APKT) – one of our big winners of 2010 – reported last evening and had some excellent numbers. Analysts expectations of $60.8M and $0.23 were easily bested as APKT came in at $70.2M and non GAAP EPS of $0.26. This is another stock that benefited from F5 Networks (FFIV) earnings implosion as expectations of the investment community were tempered, although again, they don’t play in the same space. The stock is up 8% in premarket.
$0.99-$1.00 to $1.05. Full report here.
Acme Packet (NASDAQ:APKT – News), the leader in session border control solutions, enables the delivery of trusted, first-class IP communications, powering a new generation of applications and services for voice, data, video, multimedia and unified communications.
Disclosure: No position