Ribbon Communications Inc. Reports Third Quarter 2024 Financial Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/13/2026
- S&P 500 notches record-high close as rate-hike worries ease
- Oil settles down 2% on weak demand outlook, hefty US crude build
- BofA lifts server CPU TAM to $210bn+ on the rise of AI agents
- Burry doubles down on Nebius short after stock surges 34% on earnings
- JPMorgan gets bullish on Salesforce, says concerns are "overblown"
- Exclusive-Silver Lake in talks to buy Workday, sources say
- Crude Inventory Rose 17.2 Million Barrels Last Week - EIA
- Citi agrees to acquire rewards platform Kard Financial
- Total darkness, then sunset as full eclipse wows spectators in Spain
- Burry doubles down on Nebius short after stock surges 34% on earnings
B.Riley Reiterates Buy Rating on Ribbon Communications (RBBN)
October 24, 2024 6:33 AM EDTB.Riley analyst Dave King reiterated a Buy rating and $6.00 price target on Ribbon Communications (NASDAQ: RBBN).
The analyst comments "Although Ribbon Communications's (RBBN Buy, $6 PT) 3Q/4Q results/outlook were mixed compared with consensus estimates, their key financial metrics, including revenue and profitability, are trending in the right direction. While other competitors except for Nokia (NOK) have yet to report their results, we believe it would be tough to top RBBN's robust performance, especially... More
