Sonus Networks reported Q2 revenue of $21.4 million compared with $16.0 million for Q1 2003 and $21.3 million for Q2 2002. Net loss for Q2 was $3.2 million or $0.01 per share. The company said it was pleased with the 33% sequential rise in revenue, attributing the results to better performance across all areas of its business.
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- Qwest and Global Crossing each represented over 10% of Sonus’ quarterly revenues
3 RBOCs are now customers, as are PTTs Deutsche Telecom and NTT
Sonus has 27 customers worldwide with deployments in 20 countries
More than 5 billion minutes of voice traffic per month is carried by Sonus systems
Sonus expects 15% revenue growth in Q3 2003
