Ribbon Comms (NASDAQ:RBBN) reported its Q4 earnings results on Wednesday, February 16, 2022 at 04:03 PM.
Here's what investors need to know about the announcement.
Earnings
Ribbon Comms missed estimated earnings by 92.31%, reporting an EPS of $0.01 versus an estimate of $0.13.
Revenue was up $13.62 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.01, which was followed by a 9.22% drop in the share price the next day.
Here's a look at Ribbon Comms's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.12 | 0.10 | 0.02 | 0.14 |
| EPS Actual | 0.11 | 0.17 | 0.03 | 0.18 |
| Revenue Estimate | 220.57M | 218.31M | 193.52M | 246.38M |
| Revenue Actual | 210.40M | 211.21M | 192.77M | 244.20M |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
