Sonus Networks Reports 2016 Second Quarter Results
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B. Riley Downgrades Sonus Networks, Inc. (SONS) to Neutral
July 28, 2016 6:42 AM EDTB. Riley downgraded Sonus Networks, Inc. (NASDAQ: SONS) from Buy to Neutral with a price target of $10.25 (from $12.25).
For an analyst ratings summary and ratings history on Sonus Networks, Inc. click here. For more ratings news on Sonus Networks, Inc. click here.
Shares of Sonus Networks, Inc. closed at $9.38 yesterday.
... MoreSonus Networks (SONS) Tops Q2 EPS by 5c; Announces Restructuring Program
July 27, 2016 8:28 AM EDTSonus Networks (NASDAQ: SONS) reported Q2 EPS of $0.08, $0.05 better than the analyst estimate of $0.03. Revenue for the quarter came in at $60.9 million versus the consensus estimate of $59.7 million.
The Company is announcing a restructuring program to further accelerate its investment in new... More
