October 7, 2003 1 min read

Sonus Reports $28.6 Million in Q3 Revenue, a 34% Rise over Q2

Sonus Networks reported Q3 revenue of $28.6 million compared with $21.4 million for Q2 2003 and $7.4 million for Q3 2002. Net income for Q3 was $1.2 million or $0.01 per diluted share. The company attibuted its 34% sequentially increased market demand for packet telephony and an expanding number of customers.
http://www.sonusnet.com

In July, Sonus disclosed that Verizon Communications has deployed Sonus’ voice infrastructure solutions to support Verizon’s delivery of long distance services to select markets.

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