Ribbon Comms: Q2 Earnings Insights

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.

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.

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.