Brief: Ribbon Communications Inc. Reports Second Quarter 2023 Financial Results

Ribbon Communications

26/07/2023 21:31

July 26 (Reuters) - Ribbon Communications Inc  RBBN.O :
    * . REPORTS SECOND QUARTER 2023 FINANCIAL RESULTS
    * FOR Q3 OF 2023, COMPANY PROJECTS REVENUE OF $215 MILLION
TO $225
MILLION
    * NON-GAAP GROSS MARGIN IS PROJECTED IN A RANGE OF 51.5% TO
52.5%,
FOR Q3 OF 2023
    * SEES Q3 ADJUSTED EBITDA IS PROJECTED IN A RANGE OF $26
MILLION
TO $32 MILLION
    * Q3 REVENUE VIEW $221.7 MILLION -- REFINITIV IBES DATA
    * RIBBON - OUTLOOK ASSUMES NO WORSENING OF GEOPOLITICAL
CONDITIONS
IN REGIONS THAT WE OPERATE IN, WITH ONGOING WAR IN UKRAINE OR
CIVIL UNREST IN ISRAEL

Source text for Eikon:  ID:nPn31hj6Na 
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