Bad News Was Supposed To Be Worse for Westford's Sonus

Last week in Tech Park East, there were some mixed results for Sonus Networks.

The Westford-based company announced its fourth quarter 2011 results in a conference call and there was positive and negative news for investors.

On the down side, the company reported that net income fall to $3.7 million over the quarter from $11.4 million the previous year, with total revenue from Generally Accepted Accounting Practices (GAAP)  dropping from last year’s 4Q total of $83 million to $74.3 million.

However, the downturn was actually less than projected, as the announcement beat expectations on revenue and GAAP earnings per share, which lost a cent per share from the same time last year.

Analysts project the company to make somewhere between $55 and $60 million during the first quarter of 2012.

Sonus stock prices fell after the revenue announcement and news that the company was closing its Ottawa office, but stock prices remain approximately $1.50 per share higher than their nadir around $2 per share in November.