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.

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.

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RBBNRibbon Communications Inc
$3.942.03%

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