Ribbon Communications Inc. Releases Third Quarter 2019 Financial Results

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Ribbon Communications (RBBN) Misses Q3 EPS by 8c, Revenues Miss

October 30, 2019 5:57 PM EDT

Ribbon Communications (NASDAQ: RBBN) reported Q3 EPS of $0.13, $0.08 worse than the analyst estimate of $0.21. Revenue for the quarter came in at $138 million versus the consensus estimate of $156.66 million.

Third Quarter 2019 Highlights

A telecommunications service provider in Canada selected Ribbon's fixed network transformation solutions and media gateway products and services within its fixed voice services network at multiple locations.Two Tier 1 Service... More