Sonus Networks Company Profile (NASDAQ:SONS)

About Sonus Networks (NASDAQ:SONS)

Sonus Networks logoSonus Networks, Inc. (Sonus) is a provider of networked solutions for communications service providers and enterprises to help them secure and unify their real-time communications infrastructures. The Company helps communications service providers and enterprises hold the session initiation protocol (SIP) and fourth generation (4G)/long term evolution (LTE)-based solutions, including voice over Internet protocol (VoIP), voice over wireless fidelity (VoWiFi), video and unified communications (UC) by securing and enabling Internet Protocol (IP) networks. Its products include session border controllers (SBCs), diameter signaling controllers (DSCs) and VoWiFi solutions. Sonus Products include Sonus GSX9000 Open Services Switch, Sonus T7000 Intelligent Switching System, Sonus Diameter Signaling Controllers, Sonus Signal Transfer Points, Sonus PSX Policy & Routing Server, Sonus WebRTC Services Solution, Sonus Network Management Solutions and Virtualized Mobile Core (VMC) Solution.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Communication Equipment
  • Sub-Industry: Communications Equipment
  • Symbol: NASDAQ:SONS
  • CUSIP: 83591610
  • Web: www.sonus.net
Capitalization:
  • Market Cap: $342.2 million
  • Outstanding Shares: 49,522,000
Average Prices:
  • 50 Day Moving Avg: $7.38
  • 200 Day Moving Avg: $6.60
  • 52 Week Range: $5.51 - $10.00
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 24.68
  • P/E Growth: 2.29
Sales & Book Value:
  • Annual Revenue: $246.81 million
  • Price / Sales: 1.39
  • Book Value: $4.30 per share
  • Price / Book: 1.61
Profitability:
  • EBIDTA: ($6,340,000.00)
  • Net Margins: -2.52%
  • Return on Equity: 1.51%
  • Return on Assets: 1.10%
Debt:
  • Current Ratio: 2.42%
  • Quick Ratio: 2.11%
Misc:
  • Average Volume: 546,713 shs.
  • Beta: 2.13
  • Short Ratio: 2.89
 

Frequently Asked Questions for Sonus Networks (NASDAQ:SONS)

What is Sonus Networks' stock symbol?

Sonus Networks trades on the NASDAQ under the ticker symbol "SONS."

How will Sonus Networks' stock buyback program work?

Sonus Networks declared that its Board of Directors has authorized a stock repurchase plan on Thursday, April 6th 2017, which permits the company to buyback $5,400,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to buy up to 1.7% of its shares through open market purchases. Shares buyback plans are generally an indication that the company's management believes its stock is undervalued.

How were Sonus Networks' earnings last quarter?

Sonus Networks, Inc. (NASDAQ:SONS) posted its quarterly earnings results on Wednesday, April, 26th. The company reported ($0.09) EPS for the quarter, beating the consensus estimate of ($0.13) by $0.04. The firm earned $53.37 million during the quarter, compared to analysts' expectations of $52.11 million. Sonus Networks had a negative net margin of 2.52% and a positive return on equity of 1.51%. The business's revenue was down 9.8% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.03 EPS. View Sonus Networks' Earnings History.

When will Sonus Networks make its next earnings announcement?

Sonus Networks is scheduled to release their next quarterly earnings announcement on Tuesday, July, 25th 2017. View Earnings Estimates for Sonus Networks.

What guidance has Sonus Networks issued on next quarter's earnings?

Sonus Networks updated its FY17 earnings guidance on Wednesday, April, 26th. The company provided earnings per share (EPS) guidance of $0.26 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.20.

Where is Sonus Networks' stock going? Where will Sonus Networks' stock price be in 2017?

6 brokerages have issued 12-month price targets for Sonus Networks' stock. Their predictions range from $4.00 to $17.00. On average, they expect Sonus Networks' stock price to reach $7.85 in the next twelve months. View Analyst Ratings for Sonus Networks.

Who are some of Sonus Networks' key competitors?

Who owns Sonus Networks stock?

Sonus Networks' stock is owned by a variety of of institutional and retail investors. Top institutional investors include First Trust Advisors LP (7.20%), Vanguard Group Inc. (5.82%), Dimensional Fund Advisors LP (5.49%), Neuberger Berman Group LLC (4.09%), Renaissance Technologies LLC (3.25%) and AQR Capital Management LLC (2.39%). View Institutional Ownership Trends for Sonus Networks.

Who sold Sonus Networks stock? Who is selling Sonus Networks stock?

Sonus Networks' stock was sold by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Renaissance Technologies LLC, Spark Investment Management LLC, Morgan Stanley, Horrell Capital Management Inc., Credit Suisse AG, Piermont Capital Management Inc. and Russell Investments Group Ltd.. View Insider Buying and Selling for Sonus Networks.

Who bought Sonus Networks stock? Who is buying Sonus Networks stock?

Sonus Networks' stock was purchased by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., First Trust Advisors LP, Central Securities Corp, Dimensional Fund Advisors LP, Menta Capital LLC, AQR Capital Management LLC, King Luther Capital Management Corp and FMR LLC. View Insider Buying and Selling for Sonus Networks.

How do I buy Sonus Networks stock?

Shares of Sonus Networks can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Sonus Networks stock cost?

One share of Sonus Networks stock can currently be purchased for approximately $6.91.

Analyst Ratings

Consensus Ratings for Sonus Networks (NASDAQ:SONS) (?)
Ratings Breakdown: 1 Sell Rating, 3 Hold Ratings, 2 Buy Ratings
Consensus Rating:Hold (Score: 2.17)
Consensus Price Target: $7.85 (13.60% upside)

Analysts' Ratings History for Sonus Networks (NASDAQ:SONS)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/1/2017B. RileyReiterated RatingNeutral$7.75HighView Rating Details
5/1/2017William BlairReiterated RatingHoldLowView Rating Details
4/26/2017Benchmark Co.Initiated CoverageBuy$4.00LowView Rating Details
2/16/2017DA DavidsonDowngradeBuy -> Neutral$6.50N/AView Rating Details
11/25/2016Oppenheimer Holdings Inc.Reiterated RatingOutperform$17.00N/AView Rating Details
9/29/2016Cowen and CompanyDowngradeMarket Perform -> Underperform$8.00 -> $4.00N/AView Rating Details
10/29/2015Northland SecuritiesUpgradeMarket Perform -> Outperform$10.00N/AView Rating Details
10/19/2015Drexel HamiltonInitiated CoverageHoldN/AView Rating Details
7/30/2015Barrington ResearchUpgradeMarket Perform -> Outperform$10.00N/AView Rating Details
(Data available from 5/25/2015 forward)

Earnings

Earnings History for Sonus Networks (NASDAQ:SONS)
Earnings by Quarter for Sonus Networks (NASDAQ:SONS)
Earnings History by Quarter for Sonus Networks (NASDAQ:SONS)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
7/25/2017        
4/26/2017Q1 2017($0.13)($0.09)$52.11 million$53.37 millionViewN/AView Earnings Details
2/15/2017Q416$0.06$0.09$67.82 million$67.60 millionViewListenView Earnings Details
10/26/2016Q316$0.09$0.12$64.24 million$65.00 millionViewListenView Earnings Details
7/27/2016Q216$0.03$0.08$59.67 million$60.90 millionViewListenView Earnings Details
4/27/2016Q116($0.02)$0.03$58.38 million$59.20 millionViewListenView Earnings Details
2/16/2016Q415$0.20$0.23$73.91 million$76.30 millionViewListenView Earnings Details
10/28/2015Q315$0.06$0.11$64.87 million$67.90 millionViewListenView Earnings Details
7/29/2015Q215($0.16)($0.10)$54.13 million$54.70 millionViewListenView Earnings Details
4/22/2015Q115($0.31)($0.27)$48.33 million$50.10 millionViewN/AView Earnings Details
2/18/2015Q414$0.15$0.15$77.05 million$76.80 millionViewN/AView Earnings Details
10/23/2014Q314$0.01$0.01$71.97 million$73.20 millionViewListenView Earnings Details
7/30/2014Q214$0.01$0.02$73.70 million$75.60 millionViewN/AView Earnings Details
4/24/2014Q114($0.01)$0.01$70.08 million$70.74 millionViewN/AView Earnings Details
2/20/2014Q413$0.02$0.02$72.13 million$76.20 millionViewN/AView Earnings Details
10/29/2013Q313$0.01$0.01$69.37 million$68.10 millionViewN/AView Earnings Details
7/29/2013Q2 2013$0.01$67.05 million$69.20 millionViewN/AView Earnings Details
4/30/2013Q1 2013($0.03)($0.02)$61.17 million$63.30 millionViewN/AView Earnings Details
2/28/2013Q4 2012($0.06)$78.36 million$75.10 millionViewN/AView Earnings Details
11/7/2012Q312($0.03)($0.02)$56.50 million$57.00 millionViewN/AView Earnings Details
8/7/2012($0.03)($0.04)ViewN/AView Earnings Details
4/26/2012($0.02)($0.02)ViewN/AView Earnings Details
2/21/2012$0.01$0.02ViewN/AView Earnings Details
10/27/2011$0.02$0.01ViewN/AView Earnings Details
8/2/2011$0.02($0.02)ViewN/AView Earnings Details
5/3/2011($0.04)ViewN/AView Earnings Details
2/28/2011($0.01)$0.04ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Sonus Networks (NASDAQ:SONS)
2017 EPS Consensus Estimate: ($0.07)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172($0.15)($0.08)($0.12)
Q2 20172($0.08)($0.03)($0.06)
Q3 20173($0.04)$0.04$0.00
Q4 20173$0.08$0.13$0.10
Q1 20181($0.12)($0.12)($0.12)
Q2 20181($0.09)($0.09)($0.09)
Q3 20181($0.04)($0.04)($0.04)
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Sonus Networks (NASDAQ:SONS)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Sonus Networks (NASDAQ:SONS)
Insider Ownership Percentage: 7.46%
Institutional Ownership Percentage: 70.27%
Insider Trades by Quarter for Sonus Networks (NASDAQ:SONS)
Institutional Ownership by Quarter for Sonus Networks (NASDAQ:SONS)
Insider Trades by Quarter for Sonus Networks (NASDAQ:SONS)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/12/2016John A SchofieldDirectorSell1,000$8.78$8,780.00View SEC Filing  
2/25/2015Peter PolizziVPSell19,994$17.00$339,898.00View SEC Filing  
2/20/2015Mark T GreenquistCFOBuy4,000$16.00$64,000.00View SEC Filing  
10/31/2014Raymond P DolanCEOBuy1,000,000$3.43$3,430,000.00View SEC Filing  
8/4/2014Mark T GreenquistCFOBuy15,000$3.59$53,850.00View SEC Filing  
6/4/2014John A SchofieldDirectorBuy11,000$3.50$38,500.00View SEC Filing  
4/29/2014Mark GreenquistCFOBuy15,000$2.95$44,250.00View SEC Filing  
4/29/2014Raymond DolanCEOBuy1,000,000$2.98$2,980,000.00View SEC Filing  
3/20/2014Senate Limited, Trusteemajor shareholderSell41,480,007$3.49$144,765,224.43View SEC Filing  
2/28/2014Todd AbbottEVPSell25,000$3.81$95,250.00View SEC Filing  
9/4/2013Empire Capital Management, L.Lmajor shareholderSell501,008$3.52$1,763,548.16View SEC Filing  
8/26/2013Empire Capital Management, L.Lmajor shareholderSell741,734$3.54$2,625,738.36View SEC Filing  
8/22/2013Todd AbbottEVPSell35,488$3.35$118,884.80View SEC Filing  
7/31/2013Empire Capital Management, L.LMajor ShareholderSell3,192,366$3.42$10,917,891.72View SEC Filing  
7/18/2013Empire Capital Management, L.LMajor ShareholderSell3,512,632$3.30$11,591,685.60View SEC Filing  
1/2/2013Empire Capital Management, L.LMajor ShareholderBuy79,600$1.82$144,872.00View SEC Filing  
12/31/2012Empire Capital Management, L.LMajor ShareholderBuy450,400$1.65$743,160.00View SEC Filing  
12/27/2012Empire Capital Management, L.LMajor ShareholderBuy25,344$1.69$42,831.36View SEC Filing  
10/31/2012Empire Capital Management, L.LMajor ShareholderBuy52,326$1.84$96,279.84View SEC Filing  
10/26/2012Empire Capital Management, L.LMajor ShareholderBuy337,674$1.79$604,436.46View SEC Filing  
10/23/2012Empire Capital Management, L.LMajor ShareholderBuy106,018$1.82$192,952.76View SEC Filing  
10/19/2012Empire Capital Management, L.LMajor ShareholderBuy587,314$1.83$1,074,784.62View SEC Filing  
10/16/2012Empire Capital Management, L.LMajor ShareholderBuy161,668$1.76$284,535.68View SEC Filing  
9/6/2012Empire Capital Management, L.LMajor ShareholderBuy40,000$1.94$77,600.00View SEC Filing  
9/5/2012Elmer A LaiVPSell8,802$1.88$16,547.76View SEC Filing  
9/4/2012Empire Capital Management, L.LMajor ShareholderBuy113,769$1.85$210,472.65View SEC Filing  
8/31/2012Empire Capital Management, L.LMajor ShareholderBuy296,082$1.93$571,438.26View SEC Filing  
8/29/2012Empire Capital Management, L.LMajor ShareholderBuy290,149$1.93$559,987.57View SEC Filing  
8/27/2012Empire Capital Management, L.LMajor ShareholderBuy122,421$1.90$232,599.90View SEC Filing  
8/24/2012Empire Capital Management, L.LMajor ShareholderBuy587,579$1.81$1,063,517.99View SEC Filing  
8/20/2012Empire Capital Management, L.LMajor ShareholderBuy413,382$1.81$748,221.42View SEC Filing  
8/17/2012Empire Capital Management, L.LMajor ShareholderBuy415,919$1.78$740,335.82View SEC Filing  
8/14/2012Empire Capital Management, L.LMajor ShareholderBuy143,468$1.73$248,199.64View SEC Filing  
8/10/2012Empire Capital Management, L.LMajor ShareholderBuy428,163$1.78$762,130.14View SEC Filing  
8/9/2012Empire Capital Management, L.LMajor ShareholderBuy549,068$1.77$971,850.36View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Sonus Networks (NASDAQ:SONS)
Latest Headlines for Sonus Networks (NASDAQ:SONS)
Source:
DateHeadline
streetinsider.com logoSonus (SONS) to Merge with GENBAND
www.streetinsider.com - May 25 at 2:42 AM
prnewswire.com logoSonus Enriches Session Control and Analytics Functions to Enable ... - PR Newswire (press release)
www.prnewswire.com - May 23 at 9:15 AM
nasdaq.com logoSonus Networks And GENBAND To Merge - Quick Facts - Nasdaq
www.nasdaq.com - May 23 at 9:15 AM
finance.yahoo.com logoSonus and GENBAND to Combine to Create a Global Leader in Real-Time Communications Software Solutions
finance.yahoo.com - May 23 at 9:15 AM
seekingalpha.com logoSonus Networks, Genband agree to 50-50 merger
seekingalpha.com - May 23 at 7:48 AM
americanbankingnews.com logo$54.01 Million in Sales Expected for Sonus Networks, Inc. (SONS) This Quarter
www.americanbankingnews.com - May 21 at 8:10 PM
americanbankingnews.com logo-$0.18 Earnings Per Share Expected for Sonus Networks, Inc. (SONS) This Quarter
www.americanbankingnews.com - May 16 at 10:48 AM
finance.yahoo.com logoHere's How Sonus Networks, Inc. Stock Soared in April
finance.yahoo.com - May 10 at 10:41 AM
fool.com logoHere's How Sonus Networks, Inc. Stock Soared in April
www.fool.com - May 9 at 8:55 PM
finance.yahoo.com logoSonus Networks (SONS) Shares March Higher, Can It Continue?
finance.yahoo.com - May 4 at 11:10 AM
finance.yahoo.com logoSonus Session Border Controller Portfolio Receives Network Security Excellence Award
finance.yahoo.com - May 4 at 11:10 AM
americanbankingnews.com logoSonus Networks (SONS) Receiving Somewhat Favorable Press Coverage, Analysis Shows
www.americanbankingnews.com - May 3 at 5:26 PM
finance.yahoo.com logoETFs with exposure to Sonus Networks, Inc. : May 2, 2017
finance.yahoo.com - May 2 at 5:46 PM
americanbankingnews.com logoSonus Networks, Inc. (SONS) Receives Consensus Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - May 2 at 12:28 AM
americanbankingnews.com logoB. Riley Reaffirms Neutral Rating for Sonus Networks, Inc. (SONS)
www.americanbankingnews.com - May 1 at 8:42 PM
finance.yahoo.com logoSonus Networks, Inc. :SONS-US: Earnings Analysis: Q1, 2017 By the Numbers : May 1, 2017
finance.yahoo.com - May 1 at 11:41 AM
americanbankingnews.com logoSonus Networks' (SONS) Hold Rating Reiterated at William Blair
www.americanbankingnews.com - May 1 at 9:28 AM
americanbankingnews.com logoB. Riley Reiterates "Neutral" Rating for Sonus Networks, Inc. (SONS)
www.americanbankingnews.com - April 30 at 10:59 PM
americanbankingnews.com logoSonus Networks (SONS) Receives News Impact Score of 0.37
www.americanbankingnews.com - April 30 at 1:09 PM
americanbankingnews.com logoSonus Networks, Inc. (SONS) Stock Rating Upgraded by Zacks Investment Research
www.americanbankingnews.com - April 29 at 8:30 AM
americanbankingnews.com logoSonus Networks (SONS) Earning Somewhat Positive Media Coverage, Report Finds
www.americanbankingnews.com - April 27 at 8:53 PM
finance.yahoo.com logoEdited Transcript of SONS earnings conference call or presentation 26-Apr-17 12:30pm GMT
finance.yahoo.com - April 27 at 3:26 PM
americanbankingnews.com logoSonus Networks, Inc. (SONS) Expected to Announce Quarterly Sales of $53.19 Million
www.americanbankingnews.com - April 27 at 12:28 PM
americanbankingnews.com logoBenchmark Co. Begins Coverage on Sonus Networks, Inc. (SONS)
www.americanbankingnews.com - April 26 at 5:34 PM
fool.com logoWhy Shares of Sonus Networks Soared Today
www.fool.com - April 26 at 5:25 PM
seekingalpha.com logoSonus Networks (SONS) Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - April 26 at 4:21 PM
americanbankingnews.com logoSonus Networks, Inc. (SONS) Posts Quarterly Earnings Results, Beats Estimates By $0.04 EPS
www.americanbankingnews.com - April 26 at 4:12 PM
rttnews.com logoEARNINGS SUMMARY: Details of Sonus Networks, Inc. Q1 Earnings Report
www.rttnews.com - April 26 at 9:15 AM
finance.yahoo.com logoSonus Networks Reports 2017 First Quarter Results
finance.yahoo.com - April 26 at 9:15 AM
finance.yahoo.com logoSonus reports 1Q loss
finance.yahoo.com - April 26 at 9:15 AM
americanbankingnews.com logo Analysts Expect Sonus Networks, Inc. (SONS) to Post -$0.23 EPS
www.americanbankingnews.com - April 25 at 11:58 AM
finance.yahoo.com logo3 Things to Look For During Sonus Communications' Q1 2017 Report
finance.yahoo.com - April 24 at 11:28 AM
americanbankingnews.com logoSonus Networks (SONS) Given Daily News Sentiment Rating of 0.31
www.americanbankingnews.com - April 23 at 9:56 AM
americanbankingnews.com logoB. Riley Reaffirms "Neutral" Rating for Sonus Networks, Inc. (SONS)
www.americanbankingnews.com - April 22 at 4:02 PM
americanbankingnews.com logoSomewhat Positive Media Coverage Likely to Affect Sonus Networks (SONS) Stock Price
www.americanbankingnews.com - April 20 at 9:48 PM
thestreet.com logoCommit To Purchase Sonus Networks At $6, Earn 11.6 ... - TheStreet - TheStreet.com
www.thestreet.com - April 20 at 8:04 AM
americanbankingnews.com logoSonus Networks (SONS) Receiving Somewhat Positive Press Coverage, Analysis Shows
www.americanbankingnews.com - April 14 at 7:33 PM
fool.com logoCan an Acquisition Pull This Struggling Tech Company Out of a Rut?
www.fool.com - April 14 at 8:37 AM
americanbankingnews.com logoSonus Networks, Inc. (SONS) Short Interest Update
www.americanbankingnews.com - April 10 at 9:50 PM
fool.com logoHow Sonus Networks, Inc. Gained 12% in March
www.fool.com - April 6 at 5:57 PM
americanbankingnews.com logoSonus Networks (SONS) to Repurchase $5.4 million in Outstanding Shares
www.americanbankingnews.com - April 6 at 4:19 PM
americanbankingnews.com logoSonus Networks, Inc. (SONS) Receives Consensus Rating of "Hold" from Analysts
www.americanbankingnews.com - April 4 at 10:58 PM
prnewswire.com logoSonus Drives Microsoft Skype for Business Cloud Connector Edition ... - PR Newswire (press release)
www.prnewswire.com - March 25 at 8:04 AM
fool.com logo3 Things Every Investor Needs to Know About Sonus Networks
www.fool.com - March 11 at 3:28 PM
finance.yahoo.com logoSonus Demonstrates Orchestration of its Cloud-Optimized SBC at the HPE Partner Showcase During Mobile World Congress
finance.yahoo.com - February 27 at 9:11 AM
prnewswire.com logoSonus Introduces Cloud-Optimized Diameter Signaling Controller - PR Newswire (press release)
www.prnewswire.com - February 25 at 3:30 AM
finance.yahoo.com logoSonus Introduces Cloud-Optimized Diameter Signaling Controller
finance.yahoo.com - February 24 at 10:30 PM
bizjournals.com logoSonus Networks Reports 2016 Fourth Quarter and Full Year Results
www.bizjournals.com - February 16 at 7:41 PM
seekingalpha.com logoSonus Networks (SONS) Q4 2016 Results - Earnings Call Transcript
seekingalpha.com - February 16 at 7:41 PM
seekingalpha.com logoSonus Networks beats by $0.04, misses on revenue
seekingalpha.com - February 15 at 7:17 AM

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Sonus Networks (SONS) Chart for Thursday, May, 25, 2017

This page was last updated on 5/25/2017 by MarketBeat.com Staff