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.

Earnings

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.

Past Earnings Performance

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

To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.

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RBBNRibbon Communications Inc
$3.63-0.68%

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