Ribbon Communications Inc reports results for the quarter ended March 31 - Earnings Summary

Ribbon Communications

29/04/2025 22:01

Ribbon Communications Inc RBBN.OQ reported a quarterly adjusted loss of 3 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of -1 cents.  The mean expectation of five analysts for the quarter was for breakeven results per share. Wall Street expected results to range from -1 cents to 1 cents per share.

Revenue rose 0.9% to $181.28 million from a year ago; analysts expected $191.66 million.

Ribbon Communications Inc shares had fallen by 6.1% this quarter and lost 11.5% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 100% in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the communications & networking peer group is also "buy"

Wall Street's median 12-month price target for Ribbon Communications Inc is $6.00

This summary was machine generated from LSEG data April 29 at 09:00 p.m. UTC. ​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)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Mar. 31 2025
0.00
-0.03
Missed
Dec. 31 2024
0.12
0.16
Beat
Sep. 30 2024
0.06
0.05
Missed
Jun. 30 2024
0.05
0.05
Met