Citing uncertainty in the North American service provider market, Acme Packet trimmed its financial guidance for Q4 2011. Based on preliminary fourth quarter estimates which are subject to change, the company now expects
total revenues to range between $84 million to $86 million, while total revenues for 2011 are expected to range between $308 million and $310 million compared to its earlier outlook of between $315 million and $320 million.
“Our results were impacted by uncertainty in the North American service provider market,�? said Andy Ory, President and Chief Executive Officer of Acme Packet, Inc. “Outside of the North American service provider market, Acme Packet continued to perform very well – particularly in our enterprise business as well as in our Europe and Latin America businesses. Looking ahead, we believe we are very well positioned to leverage the broad, multi-year, secular growth drivers associated with the global transition from TDM to IP for real time communications like voice and video.�?
http://www.ir.acmepacket.com
