Sonus Networks revenue down YoY

Sonus Networks, Inc. (Nasdaq: SONS) said its 2015 total company revenue was USD249.0 million, compared to USD296.3 million in 2014.

Product revenue was USD141.9 million, compared to USD182.5 million, while service revenue was USD107.1 million, compared to USD113.8 million in 2014.

GAAP gross margin was 64.9 percent; non-GAAP gross margin was 67.8 percent, and GAAP operating expenses were USD192.9 million; non-GAAP operating expenses were USD168.4 million.
GAAP loss per share was USD0.64; non-GAAP loss per share was USD0.02.

Sonus brings intelligence and security to real-time communications. Sonus offers a complete portfolio of hardware-based and virtualized session border controllers (SBCs), diameter signaling controllers (DSCs), policy/routing servers, network intelligence applications, media and signaling gateways and network analytics tools.