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Ribbon Communications Q1 2023 Earnings Report

Ribbon Communications logo
$4.17 +0.12 (+2.96%)
(As of 12/20/2024 05:30 PM ET)

Ribbon Communications EPS Results

Actual EPS
-$0.05
Consensus EPS
-$0.07
Beat/Miss
Beat by +$0.02
One Year Ago EPS
N/A

Ribbon Communications Revenue Results

Actual Revenue
$186.16 million
Expected Revenue
$186.97 million
Beat/Miss
Missed by -$810.00 thousand
YoY Revenue Growth
N/A

Ribbon Communications Announcement Details

Quarter
Q1 2023
Time
N/A

Conference Call Resources

Conference Call Audio

Slide Deck

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Ribbon Communications Earnings Headlines

Wall Street Icon: “You must get on the right side of this thing”
I created one of the first quantitative analysis-based stock picking systems long before "quants" became a thing on Wall Street… leading Forbes to call me "King of the Quants." I'm writing to you today because my system has recently uncovered a market phenomenon I haven't seen in 30 years.
Pioneer Selects Ribbon for Optical Network Expansion
See More Ribbon Communications Headlines
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About Ribbon Communications

Ribbon Communications (NASDAQ:RBBN) provides communications technology in the United States, Europe, the Middle East, Africa, the Asia Pacific, and internationally. It operates through two segments, Cloud and Edge, and IP Optical Networks. The Cloud and Edge segment provides software and hardware products, solutions, and services for voice over internet protocol communications, voice over long-term evolution, and voice over 5G communications, and unified communications and collaboration. It also offers session border controllers; and network transformation products, such as signaling products, call controllers, media gateways, and application servers. This segment serves private, public, or hybrid cloud infrastructures, as well as data centers, enterprise premises, and service provider networks. The IP Optical Networks segment provides hardware and software products and solutions for IP networking, switching, routing, and optical transport for technologies, such as 5G, distributed cloud computing, and corresponding applications. It also offers multiple solutions, including 5G-native solutions for mobile-backhaul, metro and edge aggregation, core networking, data center interconnect, multi-service access, and transport solutions for wholesale carriers. This segment serves utilities, government, defense, finance, transportation, and education and research industries, as well as service providers and enterprises. The company was formerly known as Sonus Networks, Inc. and changed its name to Ribbon Communications Inc. in November 2017. Ribbon Communications Inc. was founded in 1997 and is headquartered in Plano, Texas.

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