Ribbon Communications Inc. Releases Third Quarter 2018 Financial Results

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Ribbon Communications (RBBN) Tops Q3 EPS by 6c, Revenues Beats

October 30, 2018 4:30 PM EDT

Ribbon Communications (NASDAQ: RBBN) reported Q3 EPS of $0.21, $0.06 better than the analyst estimate of $0.15. Revenue for the quarter came in at $159 million versus the consensus estimate of $140.83 million.

"I am very pleased with our accomplishments this past quarter, which validate the momentum we have built. During the third quarter of 2018, we benefitted from solution sales across our global installed base, illustrating the depth and breadth of our product offerings as well as our extensive worldwide reach," said Fritz Hobbs, President and Chief Executive Officer of Ribbon Communications. "During the quarter, we also completed the... More