Ribbon Communications Releases First Quarter 2019 Financial Results
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Ribbon Communications (RBBN) Tops Q1 EPS by 2c, Revenues Miss
May 2, 2019 4:52 PM EDTRibbon Communications (NASDAQ: RBBN) reported Q1 EPS of $0.05, $0.02 better than the analyst estimate of $0.03. Revenue for the quarter came in at $122 million versus the consensus estimate of $129.41 million.
"We continued to make solid progress on delivering our core solutions for our session software products while expanding market share. We also had a number of accomplishments during the quarter involving some of the world's largest telecom service providers that validate the traction we are making with our cloud solutions," said Fritz Hobbs, President and Chief Executive Officer of Ribbon... More
