Acme Packet, Inc. (APKT) - NASDAQ
APKT is defunct.
  • Feb. 4, 2013, 12:45 PM
    Midday top 10 gainers: HPTX +31%. APKT +22%. EBOD +16%. PGRX +15%. SONS +14%. PC +11%. EDAP +9%. ORRF +10%. HMY +9%. TAOM +9%.
    Midday top 10 Losers: INUV -13%. CLSN -13%. SED -12%. CYTK -8%. VVI -9%. CTC -8%. PRIS -8%. PERI -8%. BLIN -8%. CFBK -8%.
    | Feb. 4, 2013, 12:45 PM
  • Feb. 4, 2013, 9:10 AM
    Premarket gainers: APKT +23%. RMTI +22%. SONS +10%. PPHM +8%. CCUR +6%. GALE +6%.
    Losers: HLF -9%
    | Feb. 4, 2013, 9:10 AM
  • Feb. 4, 2013, 8:12 AM

    Kudos to SA Pro author Akram's Razor who turned bullish on Acme Packet (APKT) - an old favorite short of his - late last week. Oracle's buyout price of $29.25/share is a 22% premium to Friday's close. Update from Akram's Razor at 8:24 ET: "I think they get another bid."

    | Feb. 4, 2013, 8:12 AM
  • Jan. 4, 2013, 12:58 PM

    Heavily-shorted Acme Packet (APKT +12.4%) soars on an upgrade to Buy from Stifel, which predicts sales of Acme's session border controllers will get a big 2013 lift from deployments of VoLTE systems from mobile carriers. Stifel's checks indicate AT&T will likely start deploying VoLTE "in the very near-future," and thinks there are launch dates for 11-13 of the 27 VoLTE projects Acme has said it's a part of. It thinks EPS could jump to $0.65-$0.70 in 2013 (the consensus is at $0.52) and $1 in 2014. Acme fell more than once last year on reports of VoLTE delays. (yesterday)

    | Jan. 4, 2013, 12:58 PM
  • Jan. 4, 2013, 12:45 PM
    Midday top 10 gainers: SHIP +45%. EGLE +36%. GTIM +26%. DRYS +17%. SCTY +14%. UNXL +13%. HNR +13%. GEVO +12%. APKT +13%. PRGN +13%.
    Midday top 10 Losers: ARAY -20%. SIMG -13%. DRTX -8%. VISN -7%. KGJI -7%. EMMS -7%. FINL -6%. ALIM -6%. SPRT -6%. GRZ -6%.
    | Jan. 4, 2013, 12:45 PM
  • Jan. 3, 2013, 4:16 PM
    Sonus (SONS +2.6%) finished the day higher, and Acme Packet (APKT -5.1%) lower, after Northland's Catharine Trebnick reported Verizon is deploying Sonus' session border controllers (SBCs) on the New York-Boston segment of its IP backbone. Acme, the SBC market's top vendor, has long counted Verizon as a major customer.
    | Jan. 3, 2013, 4:16 PM
  • Nov. 8, 2012, 11:53 AM

    Heavily-shorted Acme Packet (APKT +4.2%) rallies after announcing its session border controllers are now certified to work with Verizon's IP trunking services, as well as Microsoft's Lync Server unified communications platform. Acme has been hit hard this year by the impact of Verizon and AT&T's restrained wireline capex. (PR)

    | Nov. 8, 2012, 11:53 AM | 2 Comments
  • Nov. 7, 2012, 10:17 AM

    In addition to hiking its dividend, AT&T (T -2.9%) says it plans to spend $22B on capex each of the next 3 years, up from 2011's $19B-$20B. $8B will be spent on building AT&T's 4G LTE network, which trails Verizon (VZ -1.5%) in terms of coverage, and $6B on expanding its wireline broadband network. AT&T is also guiding for mid-single-digit annual EPS growth over this time. Capex-starved telecom equipment/component names are rallying. CIEN +11.2%. ADTN +8.1%. APKT +5.8%. JNPR +2.1%. JDSU +6.8%. ALU +2.5%. (investor day: webcast, slides)

    | Nov. 7, 2012, 10:17 AM | 2 Comments
  • Nov. 2, 2012, 2:13 PM
    Telecom equipment and chip/component names are underperforming following Alcatel-Lucent''s (ALU -9.5%) downbeat Q3 numbers, which included an 11% Q/Q and 18% Y/Y drop in Optics division revenue. CIEN -3.6%. TLAB -1.2%. FNSR -2.6%. OCLR -1.5%. APKT -2.4%. CALX -2.1%. ADTN -2.3%. ALTR -3.1%. CAVM -2.9%. Worries about telecom capex have long been running high.
    | Nov. 2, 2012, 2:13 PM
  • Oct. 26, 2012, 11:24 AM

    Acme Packet (APKT +14.4%) makes like the Roadrunner following its Q3 report. In light of Acme's recent struggles and those of telecom equipment peers (I, II), the Street is relieved to see Q4 guidance for revenue of $270M-$275M and EPS of $0.43-$0.47 (consensus is for $272.2M and $0.47). The VoIP infrastructure provider noted on its earnings call European service provider demand is "a bright spot," even as North American demand (long a problem) remains weak.

    | Oct. 26, 2012, 11:24 AM
  • Oct. 24, 2012, 11:59 AM

    The Street initially seemed comfortable with the soft Q4 guidance Juniper (JNPR -8.3%) provided with its Q3 report, but it's had a change of heart. Earnings call remarks about there being "no evidence of ... a significant improvement in the spending environment over the next few quarters" are likely a big reason why. Other networking equipment/component names are also off: CSCO -1.9%. CIEN -3.3%. JDSU -2.9%. RVBD -3.3%. FNSR -2.9%. APKT -2.6%. Soft guidance from Corning, Altera, and Broadcom could also be having an impact.

    | Oct. 24, 2012, 11:59 AM
  • Oct. 10, 2012, 2:46 PM

    In addition to MetroPCS' about-face on voice-over-LTE (VoLTE), Acme Packet (APKT -2.9%) may have fallen over the last two days thanks to comments from Verizon about its own VoLTE plans. Verizon CTO Nicola Palmer recently claimed the carrier will start VoLTE consumer trials in LTE, and do a full service launch the next year. Though that schedule doesn't differ much from what Raymond James has suggested, Verizon had previously talked about a 2013 launch.

    | Oct. 10, 2012, 2:46 PM
  • Oct. 9, 2012, 1:53 PM
    Acme Packet (APKT -5.6%) slumps after MetroPCS (PCS) discloses it won't be deploying voice-over-LTE (VoLTE) following its merger with T-Mobile USA. VoLTE is seen as a major future demand driver for Acme's session border controllers - Acme shares fell in August after Raymond James claimed AT&T and Verizon are delaying their VoLTE deployment plans. Also, BMO has started coverage with a Market Perform.
    | Oct. 9, 2012, 1:53 PM
  • Oct. 3, 2012, 12:20 PM

    Acme Packet (APKT +8.2%) has steadily moved higher today after having slumped in recent weeks. The heavily-shorted VoIP infrastructure provider has occasionally been the subject of M&A speculation.

    | Oct. 3, 2012, 12:20 PM
  • Sep. 28, 2012, 11:00 AM

    Telecom equipment and optical component names slump in response to Adtran's (ADTN -8.9%) warning. CIEN -3.1%. JNPR -2.1%. APKT -3.3%. JDSU -3.5%. FNSR -4.3%. Adtran heavily blamed its shortfall on "delays in project rollouts" from U.S. carriers. That's a familiar refrain for both Adtran and its peers. AT&T and Verizon are doing their best to restrain capex in order to boost near-term profits, and the money that they are spending is increasingly focused on their faster-growing wireless ops.

    | Sep. 28, 2012, 11:00 AM
  • Aug. 29, 2012, 12:02 PM

    Acme Packet (APKT +5.7%) is shooting higher for the second day in a row (previous) - today's rally has reportedly been stoked by M&A speculation. A heavy short interest and a depressed stock price make for a volatile mix.

    | Aug. 29, 2012, 12:02 PM | 1 Comment
Company Description
Currently, there's no company description for APKT.
Sector: Technology
Industry: Communication Equipment
Country: United States