Lync Voice UC Contact

Session Border Controller Company Acme Packet Trends Upward

January 09, 2013

There is good financial news out there for session border controller expert Acme Packet (News - Alert). The company’s stock ticked upward last week, helped, it seems, but an upgrade from industry analysts.


Acme Packet’s stock closed up 12 percent last Friday, not long after analysts at Stifel Nicolaus (News - Alert) gave the company a vote of confidence. The firm upgraded Acme Packet’s status from “hold” to “buy” as one analyst, Snajiv Wadhwani moved up his estimates for revenue and earnings, citing potential gains from rollout of VoLTE.

Recently, Acme Packet has been affected by delays in the rollout of VoLTE by various national carriers. Many predict that 2013 will be the year of VoLTE and Stifel Nicolaus expects this new technology to create a windfall for Acme Packet. Its sales could be upwards of $303 million this year, which would translate to earnings of 51 cents per share. This helped boost the stock’s price to $24 last week.

In the third quarter of 2012, Acme Packet ended up with $363.5 million in cash, equivalents and short term investments, and had no debt. It achieved revenue of $203.7 million, though revenue fell about $3.2 million from the previous year. These numbers would put the company on track to earn approximately $270 million for the 12-month period, marking about a $5 million drop all told. Acme Packet is valued at about $1.61 billion.

The past year was not an easy one for Acme Packet shareholders, as the stock fluctuated wildly, reaching a high of $36 per share and dropping to a low of $15 per share.

Want to learn more about SIP Trunking and how to integrate it into your current UC strategy? Don’t miss the SIP Trunking- UC Seminars collocated with ITEXPO Miami 2013, Jan 29- Feb. 1 in Miami, Florida.




Edited by Brooke Neuman

Article comments powered by Disqus

Featured Whitepapers

3 STEPS to Maximizining ROI for Microsoft Lync Enterprise Voice
Many Enterprises stand at a cross roads - continue to use the communications network in which they have heavily invested, or add UC ...Read More ›

Creating the It Just Works Video Network
From the boardroom to the browser, video has become a valuable business tool. When video communications systems...Read More ›

Software-Based Session Border Controllers are Critical to the Evolution of Communications
The role of the CIO has changed more in the past five years than any other position in business. Historically, the CIO and IT leaders were responsible for managing the technology infrastructure...Read More ›

Featured Solutions Corner

Lync Enterprise Voice for Dummies
Lync Enterprise Voice for Dummies shows you can replace your current voice system with one that also enables video and collaboration. You can increase your productivity, while reducing...Read More ›