Ribbon Communications Q3 revenue was $219 million, below the $221.8 million estimate
RBBN•Ribbon Communications reported Q3 revenue of $219 million, compared with the $221.8 million IBES estimate. Adjusted EPS was $0.07 versus the $0.04 estimate, while net income was a loss of $9 million.
1. Quarterly results
Ribbon Communications reported Q3 EPS of -$0.05 and net income of -$9 million. Adjusted net income was $12 million, above the $6.63 million IBES estimate, while adjusted EBITDA was $27 million, below the $28.7 million estimate.
