Sterne Agee Downgrades Procera Networks (PKT) to Neutral
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Stifel Downgrades Procera Networks (PKT) to Hold
October 10, 2014 7:08 AM EDTStifel downgraded Procera Networks (NASDAQ: PKT) from Buy to Hold.
For an analyst ratings summary and ratings history on Procera Networks click here. For more ratings news on Procera Networks click here.
Shares of Procera Networks closed at $8.55 yesterday.
... MoreWilliam Blair Downgrades Procera Networks (PKT) to Market Perform
October 10, 2014 6:32 AM EDTWilliam Blair downgraded Procera Networks (NASDAQ: PKT) from Outperform to Market Perform following the company's Q3 warning.
Analyst Jason Ader commented, "We lack confidence in management's ability to forecast the business and believe that the lumpy and competitive nature of the DPI market... More
Needham & Company Downgrades Procera Networks (PKT) to Hold
October 10, 2014 6:22 AM EDTNeedham & Company downgraded Procera Networks (NASDAQ: PKT) from Buy to Hold following its negative pre-announcement after the close.
Analyst Alex Henderson commented, "Procera pre-announced results for 3Q and lowered full-year guidance to well below Street estimates. Accordingly, we are moving to... More
Procera Networks (PKT) Warns on Q3, Lowers FY Guidance
October 9, 2014 4:04 PM EDTProcera Networks, Inc. (NASDAQ: PKT), the global Subscriber Experience company, today reported preliminary revenue, bookings and gross margin rate results for the third quarter ended September 30, 2014.
Revenue for the third quarter of 2014 is now expected to be approximately $16 million, a year-over-year quarterly revenue decline of approximately 25%. The ratio of bookings to revenue for the third quarter of 2014 is expected to be above 1. The company expects the gross margin rate target range in low to mid-60%s for the third quarter of 2014. Revenue for the fiscal year ending December 31,... More
Procera Networks (PKT) Guides Q3, FY14 Revenue Below Expectations
October 9, 2014 4:04 PM EDTProcera Networks (NASDAQ: PKT) eported preliminary revenue, bookings and gross margin rate results for the third quarter ended September 30, 2014.
Revenue for the third quarter of 2014 is now expected to be approximately $16 million, a year-over-year quarterly revenue decline of approximately 25%. The ratio of bookings to revenue for the third quarter of 2014 is... More
