Acme Packet (APKT): Q1 EPS of $0.17 in-line. Revenue of $70.8M (-4.3% Y/Y) beats by $1.6M.
Down initially after posting its Q1 report, Acme Packet (APKT) is now up 12.3% AH after stating on its earnings it still expects 10% revenue growth in 2012. That's only slightly above a consensus of 9.6%, but as the recent performance of its shares demonstrates, many have been assuming the worst on account of soft capex from U.S. service prov
Down initially after posting its Q1 report, Acme Packet (APKT) is now up 12.3% AH after stating on its earnings it still expects 10% revenue growth in 2012. That's only slightly above a consensus of 9.6%, but as the recent performance of its shares demonstrates, many have been assuming the worst on account of soft capex from U.S. service prov
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