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 - NEC
  • Sub-Industry: Communications Equipment
  • Symbol: NASDAQ:SONS
  • CUSIP: 83591610
  • Web:
  • Market Cap: $354.58 million
  • Outstanding Shares: 49,522,000
Average Prices:
  • 50 Day Moving Avg: $7.58
  • 200 Day Moving Avg: $6.95
  • 52 Week Range: $5.51 - $9.05
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 25.57
  • P/E Growth: 2.14
Sales & Book Value:
  • Annual Revenue: $246.81 million
  • Price / Sales: 1.44
  • Book Value: $4.30 per share
  • Price / Book: 1.67
  • EBIDTA: ($6,340,000.00)
  • Net Margins: -8.07%
  • Return on Equity: -3.80%
  • Return on Assets: -2.74%
  • Current Ratio: 2.33%
  • Quick Ratio: 2.08%
  • Average Volume: 457,592 shs.
  • Beta: 2.11
  • Short Ratio: 2.53
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 initiated a stock repurchase plan on Thursday, April 6th 2017, which permits the company to repurchase $5,400,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 1.7% of its shares through open market purchases. Shares repurchase plans are often a sign that the company's board believes its stock is undervalued.

How were Sonus Networks' earnings last quarter?

Sonus Networks, Inc. (NASDAQ:SONS) posted its earnings results on Wednesday, July, 27th. The company reported $0.08 earnings per share for the quarter, beating the consensus estimate of $0.03 by $0.05. The company had revenue of $60.90 million for the quarter, compared to the consensus estimate of $59.67 million. Sonus Networks had a negative return on equity of 3.80% and a negative net margin of 8.07%. The company's revenue for the quarter was up 11.3% compared to the same quarter last year. During the same period in the previous year, the business posted ($0.10) earnings per share. View Sonus Networks' Earnings History.

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

7 analysts have issued 12 month price objectives for Sonus Networks' shares. Their predictions range from $4.00 to $17.00. On average, they expect Sonus Networks' share price to reach $8.21 in the next year. View Analyst Ratings for Sonus Networks.

Are investors shorting Sonus Networks?

Sonus Networks saw a increase in short interest in June. As of June 15th, there was short interest totalling 844,745 shares, an increase of 45.1% from the May 31st total of 582,288 shares. Based on an average trading volume of 383,233 shares, the days-to-cover ratio is currently 2.2 days. Currently, 1.7% of the company's shares are sold short.

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 many different of institutional and retail investors. Top institutional shareholders include Horrell Capital Management Inc. (1.01%), Russell Investments Group Ltd. (0.49%), Spark Investment Management LLC (0.21%), Nwam LLC (0.05%) and Capital Investment Advisors LLC (0.03%). 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 Spark Investment Management LLC, Horrell Capital Management Inc. and Nwam LLC. 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 Russell Investments Group Ltd. and Capital Investment Advisors 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.

What is Sonus Networks' stock price today?

One share of Sonus Networks stock can currently be purchased for approximately $7.16.

MarketBeat Community Rating for Sonus Networks (NASDAQ SONS)
Community Ranking:  2.4 out of 5 ( )
Outperform Votes:  183 (Vote Outperform)
Underperform Votes:  203 (Vote Underperform)
Total Votes:  386
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, 2 Hold Ratings, 4 Buy Ratings
Consensus Rating:Hold (Score: 2.43)
Consensus Price Target: $8.21 (14.64% upside)

Analysts' Ratings History for Sonus Networks (NASDAQ:SONS)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
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
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
10/19/2015Drexel HamiltonInitiated CoverageHoldN/AView Rating Details
7/30/2015Barrington ResearchUpgradeMarket Perform -> Outperform$10.00N/AView Rating Details
(Data available from 7/28/2015 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
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: 65.15%
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 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 logoETFs with exposure to Sonus Networks, Inc. : May 2, 2017 - May 2 at 5:46 PM logoSonus Networks, Inc. (SONS) Receives Consensus Recommendation of "Hold" from Brokerages - May 2 at 12:28 AM logoB. Riley Reaffirms Neutral Rating for Sonus Networks, Inc. (SONS) - May 1 at 8:42 PM logoSonus Networks, Inc. :SONS-US: Earnings Analysis: Q1, 2017 By the Numbers : May 1, 2017 - May 1 at 11:41 AM logoSonus Networks' (SONS) Hold Rating Reiterated at William Blair - May 1 at 9:28 AM logoB. Riley Reiterates "Neutral" Rating for Sonus Networks, Inc. (SONS) - April 30 at 10:59 PM logoSonus Networks (SONS) Receives News Impact Score of 0.37 - April 30 at 1:09 PM logoSonus Networks, Inc. (SONS) Stock Rating Upgraded by Zacks Investment Research - April 29 at 8:30 AM logoSonus Networks (SONS) Earning Somewhat Positive Media Coverage, Report Finds - April 27 at 8:53 PM logoEdited Transcript of SONS earnings conference call or presentation 26-Apr-17 12:30pm GMT - April 27 at 3:26 PM logoSonus Networks, Inc. (SONS) Expected to Announce Quarterly Sales of $53.19 Million - April 27 at 12:28 PM logoBenchmark Co. Begins Coverage on Sonus Networks, Inc. (SONS) - April 26 at 5:34 PM logoWhy Shares of Sonus Networks Soared Today - April 26 at 5:25 PM logoSonus Networks (SONS) Q1 2017 Results - Earnings Call Transcript - April 26 at 4:21 PM logoSonus Networks, Inc. (SONS) Posts Quarterly Earnings Results, Beats Estimates By $0.04 EPS - April 26 at 4:12 PM logoEARNINGS SUMMARY: Details of Sonus Networks, Inc. Q1 Earnings Report - April 26 at 9:15 AM logoSonus Networks Reports 2017 First Quarter Results - April 26 at 9:15 AM logoSonus reports 1Q loss - April 26 at 9:15 AM logo Analysts Expect Sonus Networks, Inc. (SONS) to Post -$0.23 EPS - April 25 at 11:58 AM



Sonus Networks (SONS) Chart for Friday, July, 28, 2017

This page was last updated on 7/28/2017 by Staff