Ribbon Communications: Q1 Earnings Snapshot
PLANO, Texas (AP) — PLANO, Texas (AP) — Ribbon Communications Inc. (RBBN) on Wednesday reported a loss of $38.3 million in its first quarter. On a ...
PLANO, Texas (AP) — PLANO, Texas (AP) — Ribbon Communications Inc. (RBBN) on Wednesday reported a loss of $38.3 million in its first quarter. On a per-share basis, the Plano, Texas-based company said it had a loss of 23 cents. Losses, adjusted for amortization costs and restructuring costs, came to 2 cents per share. The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 5 cents per share. The maker of technology for telephone services over internet networks posted revenue of $186.