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Stock Market & Financial Investment News

News Breaks
March 17, 2014
06:27 EDTSONSSonus Networks could hit $10 per share by 2017, says Jefferies
Jefferies says Sonus Networks (SONS) could be the "most underappreciated story in the Tech sector right now." The firm found the company's investor day last Thursday as very positive and sees a path for the stock to hit $10 per share by 2017. Jefferies reiterates a Buy rating on shares of Sonus, which closed Friday at $3.44.
News For SONS From The Last 14 Days
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April 28, 2015
10:40 EDTSONSOptions with decreasing implied volatility
Options with decreasing implied volatility: INFN VDSI AMZN PII CREE CMG P SYNA SONS FFIV
April 27, 2015
11:19 EDTSONSOptions with decreasing implied volatility
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April 24, 2015
10:22 EDTSONSOptions with decreasing implied volatility
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April 22, 2015
07:04 EDTSONSSonus sees Q2 EPS (14c)-(18c), consensus (10c)
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07:04 EDTSONSSonus now sees FY15 EPS (10c)-(15c), consensus (31c)
Now sees FY15 revenue $245M-$250M, consensus $247.49M. Sonus is updating its full year guidance to take into consideration lengthening customer decision cycles and the uncertainty related to the timing and the outcome of those decisions.
07:02 EDTSONSSonus sees $20M of annualized savings from cost reduction program
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07:01 EDTSONSSonus reports Q1 adjusted EPS (27c), consensus (31c)
Reports Q1 revenue $50.1M, consensus $48.33M. The company had 168 new customers in Q1, compared to 173 new customers in the first quarter of 2014.

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