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RBBN — Ribbon Communications News Story

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Ribbon Communications Inc expected to post earnings of 12 cents a share - Earnings Preview

* Ribbon Communications Inc  RBBN.OQ   RBBN.O  is expected
to show
a rise in quarterly revenue when it reports  results on February
12 for the period ending December 31 2024
    * The Plano Texas-based  company is expected to report a
7.6% increase in revenue to $243.607 million from $226.4 million
a year ago, according to the mean estimate from 5 analysts,
based on LSEG data.The company's guidance on October 23 2024,
for the period ended December 31, was for revenue between 235.00
million and 255.00 million.
    * ​LSEG's mean analyst estimate for Ribbon Communications
Inc is
for earnings of 12 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Ribbon
Communications Inc is $6.00​, above​ its last closing price
of $4.09. ​​​

The company's guidance on October 23 2024 for the period ended
December 31 was for Earnings before Interest and Taxes of 26.9
million.The company's guidance on October 23 2024 for the period
ended December 31 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between 235 million and 52
million.The company's guidance on October 23 2024 for the period
ended December 31 was for gross profit margin between 55.5% and
56%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2024  0.05        0.06       0.05      Missed  -13.8
 Jun. 30 2024  0.04        0.05       0.05      Met     4.2
 Mar. 31 2024  -0.01       0.00       -0.01     Missed  -100​
 Dec. 31 2023  0.14        0.13       0.12      Missed  -10.4
 ​​Sep.        0.08        0.08       0.05      Missed  -35.9
 30 2023                                                
 Jun. 30 2023  0.04        0.04       0.04      Met     5.3​
 Mar. 31 2023  -0.05       -0.04      -0.02     Beat    44.4
 Dec. 31 2022  0.00        0.00       0.09      Beat    1,900
 This summary was machine generated February 10 at 21:09 GMT. 
All figures in US dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)

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