Ribbon Communications Inc. (RBBN) Reports Notable Earnings Growth for 2023 [Yahoo! Finance]
Ribbon Communications Inc. (RBBN)
Last ribbon communications inc. earnings: 2/19 04:05 pm
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Source: Yahoo! Finance
Adjusted EBITDA : Increased by $27 million to $91 million for the full year 2023. Earnings Per Share : GAAP diluted earnings per share for Q4 2023 were $0.04, improving from a full-year loss per share of $0.39. Profitability : IP Optical Networks segment achieved profitability in the second half of 2023. Operating Expenses : Reduced by 6% year-over-year, contributing to improved profitability. 2024 Outlook : Revenue projected to be between $840 million to $870 million with adjusted EBITDA between $110 million to $120 million. Warning! GuruFocus has detected 3 Warning Signs with RBBN. Ribbon Communications Inc ( NASDAQ:RBBN ) released its 8-K filing on February 14, 2024, detailing its financial results for the fourth quarter and full year of 2023. The company, a global provider of real-time communications technology and IP optical networking solutions, reported a slight increase in annual revenue to $826 million, up from $820 million in the previous year. Despite a challen
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RBBN
News
- Ribbon Communications Inc. (NASDAQ: RBBN) is now covered by analysts at JMP Securities. They set a "mkt outperform" rating and a $6.00 price target on the stock.MarketBeat
- Ribbon and SURF Achieve Interoperable 2x400GbE Transport via Single 800G Wavelength over Brownfield 1,650km Amsterdam-Geneva Link [Yahoo! Finance]Yahoo! Finance
- Ribbon and SURF Achieve Interoperable 2x400GbE Transport via Single 800G Wavelength over Brownfield 1,650km Amsterdam-Geneva LinkPR Newswire
- Ribbon and SURF Achieve Interoperable 2x400GbE Transport via Single 800G Wavelength over Brownfield 1,650km Amsterdam-Geneva LinkPR Newswire
- Ribbon and SURF Achieve Interoperable 2x400GbE Transport via Single 800G Wavelength over Brownfield 1,650km Amsterdam-Geneva LinkPR Newswire
RBBN
Earnings
- 4/24/24 - Beat
RBBN
Sec Filings
- 4/24/24 - Form 8-K
- 4/19/24 - Form 4
- 4/19/24 - Form 4
- RBBN's page on the SEC website