Ribbon Communications Inc. Releases Fourth Quarter 2018 Financial Results
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Ribbon Communications (RBBN) Tops Q4 EPS by 1c, Revenues Beat
February 20, 2019 4:42 PM ESTRibbon Communications (NASDAQ: RBBN) reported Q4 EPS of $0.26, $0.01 better than the analyst estimate of $0.25. Revenue for the quarter came in at $173 million versus the consensus estimate of $170.72 million.
"Ribbon Communications delivered a very successful 2018, exceeding our strategic and financial objectives for the year. During 2018, we extended our leadership in virtualized software solutions and expanded our addressable enterprise market. We further completed a major milestone to integrate our business, thereby reducing our cost structure and significantly improving our profitability," said Fritz Hobbs, President and Chief Executive Officer of Ribbon Communications. "We are excited to... More
