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Acme Packet, Inc. (APKT) Message Board

  • mounglene mounglene Jul 21, 2011 5:52 PM Flag

    Apkt raised outlook for 2011.

    Great opportunity here, apkt will only going up higher $70~95.00

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    • once again, high beta stocks can't miss forward revenue estimates

      4:09PM Acme Packet beats by $0.03, beats on revs; guides FY11 EPS above consensus, revs below consensus (APKT) 60.10 -3.55 : Reports Q2 (Jun) earnings of $0.29 per share, excluding non-recurring items, $0.03 better than the Capital IQ Consensus Estimate of $0.26; revenues rose 49.5% year/year to $79.7 mln vs the $76.9 mln consensus. Co issues raises guidance for FY11, raises EPS to $1.14-1.18, excluding non-recurring items, from $1.10-1.15 vs. $1.11 Capital IQ Consensus Estimate; raises FY11 revs to $315-320 from $310-315 mln vs. $321.91 mln Capital IQ Consensus Estimate.

      FTNT, RVBD, FFIV, EQIX, - will lose 10-15% more tomorow. good luck this is the end of bull market or should I say (bubble market in some techs) back to CSCO, INTC, etc