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Ribbon Communications Q1 EPS $0.010 Beats $(0.010) Estimate, Sales $158.000M Beat $122.780M Estimate

Ribbon Communications (NASDAQ:RBBN) reported quarterly earnings of $0.010 per share which beat the analyst consensus estimate of $(0.010) by 200 percent. This is a 120 percent increase over losses of $(0.050) per share

Benzinga · 05/06/2020 20:35

Ribbon Communications (NASDAQ:RBBN) reported quarterly earnings of $0.010 per share which beat the analyst consensus estimate of $(0.010) by 200 percent. This is a 120 percent increase over losses of $(0.050) per share from the same period last year. The company reported quarterly sales of $158.000 million which beat the analyst consensus estimate of $122.780 million by 28.69 percent. This is a 32.85 percent increase over sales of $118.928 million the same period last year.