Recap: Ribbon Comms Q3 Earnings

Ribbon Comms RBBN reported its Q3 earnings results on Wednesday, October 27, 2021 at 04:03 PM.

Here's what investors need to know about the announcement.

Ribbon Comms missed their estimated earnings by 8.33%, reporting an EPS of $0.11 versus an estimate of $0.12, which did not surprise analysts.

Revenue was up $20,720,000 from the same period last year.

Last quarter the company beat on EPS by $0.07, which was followed by a 0.0% increase in the share price the next day.

Here's a look at Ribbon Comms's past performance:

Quarter	Q2 2021	Q1 2021	Q4 2020	Q3 2020
EPS Estimate	0.10	0.02	0.14	0.06
EPS Actual	0.17	0.03	0.18	0.16
Revenue Estimate	218.31M	193.52M	246.38M	214.16M
Revenue Actual	211.21M	192.77M	244.20M	231.12M

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