Ribbon Comms (NASDAQ:RBBN) reported its Q4 earnings results on Wednesday, February 14, 2024 at 04:03 PM.
Here’s what investors need to know about the announcement.
Earnings
Ribbon Comms missed estimated earnings by 7.69%, reporting an EPS of $0.12 versus an estimate of $0.13.
Revenue was down $7.24 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.02 which was followed by a 2.63% increase in the share price the next day.
Here’s a look at Ribbon Comms’s past performance:
| Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.07 | 0.04 | -0.04 | |
| EPS Actual | 0.05 | 0.04 | -0.02 | 0.09 |
| Revenue Estimate | 219.64M | 210.79M | 186.72M | 229.16M |
| Revenue Actual | 203.16M | 210.62M | 186.16M | 233.64M |
To track all earnings releases for Ribbon Comms visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
