Sonus Networks targets 10% revenue growth in 2015

Thursday 13 March 2014 | 16:22 CET | News
Sonus Networks issued new targets for 2015 at a meeting with investors and analysts. The company targets 10 percent revenue growth in 2015, driven by the enterprise and service provider SBC markets and emerging growth in the DSC market. Operating margins are expected to reach 10 percent in 2015, underpinned by revenue growth, steadily improving gross margins from a shift to more standards-based products and higher software content, and a gradual reduction in operating expenses as a percentage of total revenue. Sonus also reiterated its outlook for 2014, for revenue of around USD 300 million

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Categories: Fixed
Companies: Sonus Networks
Countries: World
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