B. Riley Downgrades Sonus Networks, Inc. (SONS) to Neutral

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Sonus Networks (SONS) Tops Q2 EPS by 5c; Announces Restructuring Program

July 27, 2016 8:28 AM EDT

Sonus 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