Ribbon Comms RBBN reported its Q4 earnings results on Wednesday, February 16, 2022 at 04:03 PM.
Here's what investors need to know about the announcement.
Earnings
Ribbon Comms missed estimated earnings by 92.31%, reporting an EPS of $0.01 versus an estimate of $0.13.
Revenue was up $13.62 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.01, which was followed by a 9.22% drop in the share price the next day.
Here's a look at Ribbon Comms's past performance:
Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
---|---|---|---|---|
EPS Estimate | 0.12 | 0.10 | 0.02 | 0.14 |
EPS Actual | 0.11 | 0.17 | 0.03 | 0.18 |
Revenue Estimate | 220.57M | 218.31M | 193.52M | 246.38M |
Revenue Actual | 210.40M | 211.21M | 192.77M | 244.20M |
To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.
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.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.