This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Sonus Networks Announces Agenda For Investor Meeting

The information under “Operating expenses” and “(Loss) earnings per share” in the third financial table entitled “Reconciliation of Non-GAAP and GAAP Financial Measures – Outlook – Consolidated” has been corrected for the Year ended December 31, 2012.

The corrected release reads:


Reiterates guidance for the third quarter, fourth quarter and full year fiscal 2012

Provides additional guidance for recently completed Network Equipment Technologies, Inc. (“NET”) acquisition

Sonus Networks, Inc. (Nasdaq: SONS), a global leader in SIP communications, today is holding a meeting for the investment community at the Nasdaq MarketSite. As part of the presentation, the Company plans to reiterate its outlook for the third quarter, fourth quarter and full year 2012 for the Sonus business (excluding the impact of the August 24, 2012 acquisition of NET) and to provide guidance for the recently acquired NET business for the third quarter, fourth quarter and full year 2012. The Company will also preside over the NASDAQ Stock Market Opening Bell today at 9:30 am (Eastern Time).

As previously announced, the investor day event will be held at the NASDAQ MarketSite, 4 Times Square, New York, NY. The program will include presentations by Sonus Networks President and Chief Executive Officer Raymond P. Dolan and other members of the senior management team. Advance registration is required to attend the meeting in person. Investors who are unable to attend the meeting in person, but who would like to ask a question can email questions to

09:00-10:00       Registration & Breakfast      
10:00-11:00 Introduction Ray Dolan, President and Chief Executive Officer
Market Opportunity Todd Abbott, EVP, Strategy and Go to Market
Technology Tony Scarfo, Sr. VP, Technology Development
11:00-11:30 Q&A and Break
11:30-12:30 SBC David Tipping, General Manager, SBC
Go to Market Todd Abbott, EVP, Strategy and Go to Market
Financials Moe Castonguay, Chief Financial Officer
12:30-13:00 Q&A / Webcast End
13:00-14:00 Networking Lunch

The Company’s outlook is based on current indications for its business, which may change. A statement on the use of non-GAAP financial measures and a reconciliation of the non-GAAP to GAAP outlook are included at the end of this press release.

1 of 7

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $94.86 1.30%
FB $117.86 -0.60%
GOOG $693.77 -0.64%
TSLA $234.71 -2.90%
YHOO $36.02 -1.40%


Chart of I:DJI
DOW 17,729.16 -162.00 -0.91%
S&P 500 2,059.31 -22.12 -1.06%
NASDAQ 4,760.8110 -56.7830 -1.18%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs