Ribbon Comms RBBN reported its Q2 earnings results on Wednesday, July 27, 2022 at 04:03 PM.
Here's what investors need to know about the announcement.
Earnings
Ribbon Comms beat estimated earnings by 50.0%, reporting an EPS of $0.06 versus an estimate of $0.04.
Revenue was down $5.41 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.0 which was followed by a 8.2% increase in the share price the next day.
Here's a look at Ribbon Comms's past performance:
Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
---|---|---|---|---|
EPS Estimate | -0.08 | 0.13 | 0.12 | 0.10 |
EPS Actual | -0.08 | 0.01 | 0.11 | 0.17 |
Revenue Estimate | 172.74M | 252.55M | 220.57M | 218.31M |
Revenue Actual | 173.20M | 230.58M | 210.40M | 211.21M |
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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