Acme Packet Sees Q2 Non-GAAP EPS $0.12-0.13 vs $0.18 Est; Revenues $66-68M vs $73.91M Est

Acme Packet® APKT today provided a financial update for the quarter ended June 30, 2012. The Company will release final financial results for the quarter and update its full year business outlook on Thursday, July 26, 2012 after the market closes. Based on preliminary second quarter estimates which are subject to change, the Company expects: Total revenues to range between $66 million to $68 million. GAAP gross margin to range between 79% and 80%. Non-GAAP(1) gross margin to range between 82% and 83%. Diluted loss per share on a GAAP basis to range between ($0.01) and ($0.02). Diluted earnings per share on a non-GAAP(1) basis to range between $0.12 and $0.13. Cash and cash equivalents to be approximately $400 million.