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Stock Market & Financial Investment News

News Breaks
March 21, 2014
07:56 EDTSONSSonus Networks 37.5M share Spot Secondary priced at $3.53
Goldman acted as sole book running manager for the offering.
News For SONS From The Last 14 Days
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February 19, 2015
08:16 EDTSONSSonus share pullback yesterday 'inexplicable,' says Jefferies
Jefferies says yesterday's sell-off in shares of Sonus is "inexplicable" and "at odds" with the reported Q4 results. The firm calls Sonus's Q4 gross margin "very strong" and notes its Q1 and 2015 guidance were in line with consensus. Jefferies sees a compelling entry point at current levels and keeps a Buy rating on Sonus with a $25 price target.
08:11 EDTSONSSonus weakness likely provides buying opportunity, says Wells Fargo
After Sonus reported Q4 sales in-line with its recently reduced guidance but reiterated its Q1 and 2015 guidance, Wells Fargo believes that the company's growth and profitability is likely to improve through 2015. Consequently, the firm thinks the sell-off following the company's results is likely to prove to be an attractive entry point, It keeps an Outperform rating on the shares.
06:07 EDTSONSSonus weakness a buying opportunity, says B. Riley
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February 18, 2015
07:06 EDTSONSSonus sees Q1 EPS 3c, consensus 4c
Sees Q1 revenue $74M, consensus $73.58M. Sees Q1 gross margin 67%-67.5%.
07:06 EDTSONSSonus sees FY15 EPS 54c-58c, consensus 56c
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07:05 EDTSONSSonus reports Q4 adjusted EPS 15c, consensus 15c
Reports Q4 revenue $76.8M, consensus $77.22M.
February 17, 2015
15:32 EDTSONSNotable companies reporting before tomorrow's open
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