Free Trial

Ribbon Communications (RBBN) Earnings Date, Estimates & Call Transcripts

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

Ribbon Communications Latest Earnings Summary

Actual EPS
(Oct. 23)
$0.05 Missed By -$0.01
Consensus EPS
(Oct. 23)
$0.06

Ribbon Communications released Q3 2024 earnings on October 23, 2024, reporting an EPS of $0.05, which missed the consensus estimate of $0.06 by $0.01. Quarterly revenue rose 3.4% year-over-year to $210 million, below analyst estimates of $212.17 million. With a trailing EPS of -$0.32, Ribbon Communications' earnings are expected to grow 46.15% next year, from $0.13 to $0.19 per share.

Get Ribbon Communications Earnings Alerts

Want to stay updated on the latest earnings announcements and upcoming reports? Sign up for Earnings360's daily newsletter to receive timely earnings updates on Ribbon Communications and other key companies, straight to your inbox.

Sign Up
Skip Charts & View Estimated and Actual Earnings Data

RBBN Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

RBBN Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Ribbon Communications Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage EstimateCompany Guidance
Q1 20241-$0.03-$0.03-$0.03 
Q2 20242$0.01$0.05$0.03 
Q3 20242$0.07$0.08$0.08 
Q4 20242$0.08$0.12$0.10 
FY 20247$0.13$0.22$0.18 
Q1 20251-$0.03-$0.03-$0.03 
Q2 20251$0.02$0.02$0.02 
Q3 20251$0.05$0.05$0.05 
Q4 20251$0.10$0.10$0.10 
FY 20254$0.14$0.14 $0.14

Ribbon Communications Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueDetails
10/23/2024Q3 2024$0.06$0.05 -$0.01$0.14$212.17M$210.00M
7/24/2024Q2 2024$0.04$0.03 -$0.01$0.16$203.05M$192.62M
4/24/2024Q1 2024-$0.03-$0.03-$0.12$184.22M$179.66M
2/14/2024Q4 2023$0.10$0.10-$0.16$233.63M$226.40M
10/25/2023Q3 2023$0.04$0.03 -$0.01$0.14$219.24M$203.16M
7/26/2023Q2 2023$0.02$0.01 -$0.01$0.15$210.88M$210.62M
4/26/2023Q1 2023-$0.07-$0.05+$0.02$0.13$186.97M$186.16M
2/15/2023Q4 2022-$0.04$0.07+$0.11$0.02$229.54M$233.64M

Ribbon Communications Earnings - Frequently Asked Questions

Ribbon Communications (NASDAQ:RBBN) last announced its quarterly earning data on Wednesday, October 23, 2024. Learn more on RBBN's earnings history.

Ribbon Communications issued an update on its FY 2024 earnings guidance on Wednesday, October, 23rd. The company issued revenue guidance of $818.0 million-$838.0 million, compared to the consensus revenue estimate of $834.7 million.

In the previous quarter, Ribbon Communications (NASDAQ:RBBN) missed the analysts' consensus estimate of $0.06 by $0.01 with a reported earnings per share (EPS) of $0.05. Learn more on analysts' earnings estimate vs. RBBN's actual earnings.

The conference call for Ribbon Communications's latest earnings report can be listened to online.
Listen to Conference Call

The conference call transcript for Ribbon Communications's latest earnings report can be read online.
Read Transcript

Ribbon Communications's earnings report can be found in their filing with the SEC.
View SEC filing

Ribbon Communications (NASDAQ:RBBN) has a recorded annual revenue of $808.92 million.

Ribbon Communications (NASDAQ:RBBN) has a recorded net income of -$66.21 million. RBBN has generated -$0.32 earnings per share over the last four quarters.

Ribbon Communications's earnings are expected to grow from $0.13 per share to $0.19 per share in the next year, which is a 46.15% increase.

More Earnings Resources from MarketBeat



This page (NASDAQ:RBBN) was last updated on 12/21/2024 by MarketBeat.com Staff
From Our Partners