Sonus Networks Reports Q4 Revenue of $12.7 Million

Sonus Networks reported quarterly revenue of $12.7 million compared with $38.9 million in the same period last year and $7.4 million in the prior quarter. Net loss for Q4 2002 was $12.8 million or $0.07 per share. Revenues for fiscal year 2002 were $62.6 million compared with $173.2 million for fiscal year 2001. The company cited progress in returning to business fundamentals in Q4.
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