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Ribbon Comms Q1 2024 GAAP EPS $(0.01), Inline, Sales $179.664M Miss $185.029M Estimate

Author: Benzinga Newsdesk | April 24, 2024 08:02am
Ribbon Comms (NASDAQ:RBBN) reported quarterly losses of $(0.01) per share which met the analyst consensus estimate. This is a 50 percent increase over losses of $(0.02) per share from the same period last year. The company reported quarterly sales of $179.664 million which missed the analyst consensus estimate of $185.029 million by 2.90 percent. This is a 3.49 percent decrease over sales of $186.159 million the same period last year.

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