Acme Packet posts lower 2Q profit (The State)
Communications equipment maker Acme Packet Inc. said Thursday its second-quarter profit declined sharply as revenue slipped and operating costs grew. The company also lowered its full-year outlook considerably. Its shares fell initially in after-hours trading but later rebounded. Acme Packet earned $816,000, or a penny per share, down from $4.6 million, or 7 cents per share, in the same period a …