Recap: Ribbon Comms Q4 Earnings

Ribbon Comms 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.

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.

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.

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