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: Communications & Networking
  • Sub-Industry: Communications Equipment
  • Symbol: NASDAQ:SONS
  • CUSIP: 83591610
  • Web:
  • Market Cap: $360.23 million
  • Outstanding Shares: 49,686,000
Average Prices:
  • 50 Day Moving Avg: $6.90
  • 200 Day Moving Avg: $7.13
  • 52 Week Range: $5.51 - $8.85
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -72.20
  • P/E Growth: 1.89
Sales & Book Value:
  • Annual Revenue: $241.68 million
  • Price / Sales: 1.48
  • Book Value: $4.09 per share
  • Price / Book: 1.77
  • EBIDTA: ($12,300,000.00)
  • Net Margins: -12.15%
  • Return on Equity: -6.18%
  • Return on Assets: -4.38%
  • Current Ratio: 2.09%
  • Quick Ratio: 1.88%
  • Average Volume: 186,938 shs.
  • Beta: 2.06
  • Short Ratio: 4.93

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 announced that its board has approved a share repurchase plan on Thursday, April 6th 2017, which authorizes the company to buyback $5,400,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to buy up to 1.7% of its shares through open market purchases. Shares buyback plans are typically an indication that the company's leadership believes its shares are undervalued.

How were Sonus Networks' earnings last quarter?

Sonus Networks, Inc. (NASDAQ:SONS) announced its quarterly earnings results on Thursday, August, 3rd. The company reported ($0.02) earnings per share for the quarter, topping the Zacks' consensus estimate of ($0.09) by $0.07. The firm earned $55.70 million during the quarter, compared to analyst estimates of $53.93 million. Sonus Networks had a negative net margin of 12.15% and a negative return on equity of 6.18%. The company's revenue for the quarter was down 8.5% compared to the same quarter last year. During the same period in the previous year, the business earned $0.08 earnings per share. 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, October, 24th 2017. View Earnings Estimates for Sonus Networks.

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

Sonus Networks issued an update on its third quarter earnings guidance on Thursday, August, 3rd. The company provided earnings per share (EPS) guidance of $0.17-0.20 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.15. The company issued revenue guidance of $70-72 million, compared to the consensus revenue estimate of $69.43 million.Sonus Networks also updated its FY17 guidance to $0.26 EPS.

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

7 brokerages have issued 12-month target prices for Sonus Networks' shares. Their forecasts range from $4.00 to $17.00. On average, they anticipate Sonus Networks' stock price to reach $8.71 in the next twelve months. View Analyst Ratings for Sonus Networks.

Who are some of Sonus Networks' key competitors?

Who are Sonus Networks' key executives?

Sonus Networks' management team includes the folowing people:

  • Raymond P. Dolan, President, Chief Executive Officer, Director
  • Susan M. Villare, Interim Chief Financial Officer, Principal Financial Officer and Principal Accounting Officer
  • Jeffrey M. Snider, Senior Vice President, Chief Administrative Officer, General Counsel, Secretary
  • Kevin Riley, Chief Technology Officer, Vice President, Engineering
  • Peter Polizzi, Vice President, General Manager - Global Services
  • Michael R. Swade, Senior Vice President - Worldwide Sales and Marketing
  • Howard E. Janzen, Non-Executive Independent Chairman of the Board
  • James K. Brewington, Independent Director
  • Matthew W. Bross, Independent Director
  • John P Cunningham, Independent Director

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 (7.97%), Vanguard Group Inc. (6.41%), Dimensional Fund Advisors LP (6.36%), Neuberger Berman Group LLC (4.86%), JPMorgan Chase & Co. (3.31%) and Capital Research Global Investors (2.81%). 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 Capital Research Global Investors, Algert Global LLC, Spark Investment Management LLC, Horrell Capital Management Inc., Arrowstreet Capital Limited Partnership, New York State Common Retirement Fund, FMR LLC and Parametric Portfolio Associates LLC. View Insider Buying and Selling for Sonus Networks.

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

Sonus Networks' stock was bought by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Boston Partners, First Trust Advisors LP, Dimensional Fund Advisors LP, Neuberger Berman Group LLC, Vanguard Group Inc., Engine Capital Management LLC and Central Securities Corp. 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.

What is Sonus Networks' stock price today?

One share of Sonus Networks stock can currently be purchased for approximately $7.22.

MarketBeat Community Rating for Sonus Networks (NASDAQ SONS)
Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  204 (Vote Outperform)
Underperform Votes:  221 (Vote Underperform)
Total Votes:  425
MarketBeat's community ratings are surveys of what our community members think about Sonus Networks and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Sonus Networks (NASDAQ:SONS) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Sell Rating, 1 Hold Rating, 5 Buy Ratings
Consensus Rating:Buy (Score: 2.57)
Consensus Price Target: $8.71 (20.61% upside)

Analysts' Ratings History for Sonus Networks (NASDAQ:SONS)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
8/7/2017DA DavidsonUpgradeNeutral -> Buy$8.50HighView Rating Details
8/4/2017Cowen and CompanyReiterated RatingSell$5.00HighView Rating Details
7/4/2017Northland SecuritiesSet Price TargetBuy$10.00MediumView Rating Details
7/2/2017B. RileyReiterated RatingNeutral$7.75LowView Rating Details
6/1/2017William BlairUpgradeMarket Perform -> OutperformLowView Rating Details
4/26/2017Benchmark Co.Initiated CoverageBuy$4.00LowView Rating Details
11/25/2016Oppenheimer Holdings, Inc.Reiterated RatingOutperform$17.00N/AView Rating Details
10/19/2015Drexel HamiltonInitiated CoverageHoldN/AView Rating Details
(Data available from 9/20/2015 forward)


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
10/24/2017$0.18N/AView Earnings Details
8/3/2017Q2 2017($0.09)($0.02)$53.93 million$55.70 millionViewListenView Earnings Details
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)


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)


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

Insider Trades

Insider Trading and Institutional Ownership History for Sonus Networks (NASDAQ:SONS)
Insider Ownership Percentage: 7.68%
Institutional Ownership Percentage: 68.66%
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)


Headline Trends for Sonus Networks (NASDAQ:SONS)
Latest Headlines for Sonus Networks (NASDAQ:SONS)
DateHeadline logoSonus Networks, Inc. (SONS) Expected to Announce Quarterly Sales of $70.68 Million - September 7 at 5:26 AM logoSonus Networks, Inc. (SONS) Given Consensus Rating of "Hold" by Analysts - September 6 at 12:36 AM logoMotorola Solutions (MSI) Stock Soars: Is it Time to Buy? - Yahoo Finance - August 24 at 1:05 PM logoZacks: Analysts Expect Sonus Networks, Inc. (SONS) Will Announce Quarterly Sales of $70.93 Million - August 19 at 5:22 AM logo Analysts Expect Sonus Networks, Inc. (SONS) to Post $0.09 Earnings Per Share - August 18 at 12:20 AM logoSonus Networks, Inc. (NASDAQ:SONS) Given Consensus Recommendation of "Hold" by Brokerages - August 12 at 12:44 AM logoContrasting Sonus Networks (NASDAQ:SONS) and Sierra Wireless (SWIR) - August 9 at 8:26 PM logoUPDATE: DA Davidson Upgrades Sonus Networks, Inc. (SONS) to Buy - - August 9 at 7:39 AM logoUPDATE: DA Davidson Upgrades Sonus Networks, Inc. (SONS) to Buy - - August 9 at 7:39 AM logoSonus Networks, Inc. (SONS) Raised to Buy at DA Davidson - August 7 at 10:14 AM logoSonus Networks, Inc. (SONS) Earns Sell Rating from Cowen and Company - August 5 at 4:24 PM logoEARNINGS SUMMARY: Details of Sonus Networks, Inc. Q2 Earnings Report - August 4 at 8:21 AM logoSonus Networks (SONS) Q2 2017 Results - Earnings Call Transcript - August 4 at 8:21 AM logoSonus Networks, Inc. (NASDAQ:SONS) Releases Earnings Results, Beats Estimates By $0.07 EPS - August 3 at 8:52 PM logoSonus Networks, Inc. (SONS) Releases Q3 Earnings Guidance - August 3 at 10:12 AM logoSonus Networks, Inc. (SONS) Updates FY17 Earnings Guidance - August 3 at 9:44 AM logoSonus Accelerates and Simplifies Enterprise Unified Communications Migration with Sonus Advantage - PR Newswire (press release) - August 1 at 9:06 PM logo$54.00 Million in Sales Expected for Sonus Networks, Inc. (SONS) This Quarter - August 1 at 8:01 AM logoZacks: Analysts Expect Sonus Networks, Inc. (NASDAQ:SONS) to Post -$0.18 Earnings Per Share - July 30 at 6:22 PM logoSonus Becomes First SIP-Centric Security Vendor to Join Fortinet's Fabric-Ready Partner Program - PR Newswire (press release) - July 18 at 3:49 PM logoSonus Becomes First SIP-Centric Security Vendor to Join Fortinet's Fabric-Ready Partner Program - July 18 at 3:49 PM logoSonus Networks, Inc. (SONS) Receives Average Rating of "Hold" from Analysts - July 18 at 12:48 AM logoWhy Shares of Sonus Networks Inc. Rose 10% in June - July 11 at 2:01 PM logoSonus Networks, Inc. (SONS) Given a $10.00 Price Target by Northland Securities Analysts - July 9 at 5:28 PM logoSonus Networks, Inc. (NASDAQ:SONS) Expected to Announce Quarterly Sales of $54.00 Million - July 8 at 9:22 AM logoZacks: Analysts Anticipate Sonus Networks, Inc. (NASDAQ:SONS) to Announce -$0.18 Earnings Per Share - July 6 at 2:30 PM logoSonus Networks' (SONS) Neutral Rating Reiterated at B. Riley - July 2 at 10:20 AM logoShort Interest in Sonus Networks, Inc. (SONS) Increases By 45.1% - June 30 at 7:14 AM logoSonus Networks, Inc. (SONS) Given Average Recommendation of "Hold" by Brokerages - June 21 at 12:38 AM logoWaters Corp., Andrews Alliance Ink Co-Marketing Agreement - June 17 at 6:16 AM logoFrost & Sullivan Names Sonus the 2017 North American Enterprise Session Border Controller Company of the Year - PR Newswire (press release) - June 15 at 8:31 PM logo$54.01 Million in Sales Expected for Sonus Networks, Inc. (SONS) This Quarter - June 14 at 11:32 AM logoSonus Networks, Inc. (SONS) Expected to Announce Earnings of -$0.18 Per Share - June 12 at 4:52 PM logoWhy Sonus Networks, Inc. Fell 12% in May - June 6 at 11:00 PM logoContrasting Sonus Networks (SONS) and Gilat Satellite Networks (GILT) - June 6 at 4:52 PM logoSonus Networks, Inc. (SONS) Lowered to "Sell" at ValuEngine - June 3 at 9:32 AM logoWilliam Blair Upgrades Sonus Networks, Inc. (SONS) to Outperform on Potential for Combo with Genband - - June 2 at 8:04 AM logoSonus Networks, Inc. (SONS) Rating Increased to Outperform at William Blair - June 1 at 10:00 AM logoSonus Networks, Inc. (SONS) Given Average Rating of "Hold" by Analysts - May 27 at 12:46 AM logoSonus (SONS) to Merge with GENBAND - May 25 at 2:42 AM logoSonus Enriches Session Control and Analytics Functions to Enable ... - PR Newswire (press release) - May 23 at 9:15 AM logoSonus Networks And GENBAND To Merge - Quick Facts - Nasdaq - May 23 at 9:15 AM logoSonus and GENBAND to Combine to Create a Global Leader in Real-Time Communications Software Solutions - May 23 at 9:15 AM logoSonus Networks, Genband agree to 50-50 merger - May 23 at 7:48 AM logo-$0.18 Earnings Per Share Expected for Sonus Networks, Inc. (SONS) This Quarter - May 16 at 10:48 AM logoHere's How Sonus Networks, Inc. Stock Soared in April - May 10 at 10:41 AM logoHere's How Sonus Networks, Inc. Stock Soared in April - May 9 at 8:55 PM logoSonus Networks (SONS) Shares March Higher, Can It Continue? - May 4 at 11:10 AM logoSonus Session Border Controller Portfolio Receives Network Security Excellence Award - May 4 at 11:10 AM logoSonus Networks (SONS) Receiving Somewhat Favorable Press Coverage, Analysis Shows - May 3 at 5:26 PM



Sonus Networks (SONS) Chart for Wednesday, September, 20, 2017

This page was last updated on 9/20/2017 by Staff