Ribbon Communications Inc. Reports Second Quarter 2019 Financial Results

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Ribbon Communications (RBBN) Tops Q2 EPS by 6c, Revenues Beat

July 31, 2019 5:51 PM EDT

Ribbon Communications (NASDAQ: RBBN) reported Q2 EPS of $0.14, $0.06 better than the analyst estimate of $0.08. Revenue for the quarter came in at $145 million versus the consensus estimate of $139.75 million.

"Our second quarter financial results and improving profitability demonstrate the progress we are making," said Fritz Hobbs, President and Chief Executive Officer of Ribbon Communications. "We are seeing good progress and early validation of our business strategy, which is focused on closely aligning to the needs of our... More