
Ribbon Communications Inc. (NASDAQ:RBBN – Free Report) – Research analysts at Northland Securities decreased their FY2026 earnings per share (EPS) estimates for Ribbon Communications in a report issued on Wednesday, October 28th. Northland Securities analyst T. Savageaux now forecasts that the communications equipment provider will post earnings of ($0.14) per share for the year, down from their prior estimate of ($0.05). The consensus estimate for Ribbon Communications’ current full-year earnings is ($0.14) per share. Northland Securities also issued estimates for Ribbon Communications’ Q4 2026 earnings at ($0.03) EPS.
Ribbon Communications (NASDAQ:RBBN – Get Free Report) last released its quarterly earnings data on Tuesday, October 27th. The communications equipment provider reported $0.07 EPS for the quarter, topping the consensus estimate of $0.04 by $0.03. The business had revenue of $218.71 million for the quarter, compared to analyst estimates of $221.75 million. Ribbon Communications had a return on equity of 20.22% and a net margin of 2.32%. The business’s quarterly revenue was up 1.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.04 EPS.
Read Our Latest Report on RBBN
Ribbon Communications Stock Performance
Shares of NASDAQ RBBN opened at $1.62 on Monday. The company’s fifty day moving average price is $1.74 and its 200 day moving average price is $2.24. Ribbon Communications has a 1 year low of $1.28 and a 1 year high of $3.41. The company has a market capitalization of $289.69 million, a PE ratio of 3.47 and a beta of 1.37. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.03 and a current ratio of 1.31.
Insider Buying and Selling at Ribbon Communications
In other Ribbon Communications news, CEO Bruce Mcclelland bought 60,000 shares of the firm’s stock in a transaction dated Friday, October 30th. The shares were purchased at an average price of $1.60 per share, for a total transaction of $96,000.00. Following the transaction, the chief executive officer directly owned 2,969,454 shares of the company’s stock, valued at approximately $4,751,126.40. This represents a 2.06% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 3.99% of the stock is currently owned by insiders.
Institutional Investors Weigh In On Ribbon Communications
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. BlackRock Inc. purchased a new position in Ribbon Communications during the second quarter valued at $16,723,000. Paradigm Capital Management Inc. NY purchased a new stake in shares of Ribbon Communications during the second quarter worth about $7,105,000. Connor Clark & Lunn Investment Management Ltd. purchased a new stake in shares of Ribbon Communications during the second quarter worth about $5,179,000. First Wilshire Securities Management Inc. increased its stake in shares of Ribbon Communications by 11.0% during the first quarter. First Wilshire Securities Management Inc. now owns 1,407,178 shares of the communications equipment provider’s stock worth $2,983,000 after purchasing an additional 139,592 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership raised its position in shares of Ribbon Communications by 18.2% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,216,876 shares of the communications equipment provider’s stock worth $2,580,000 after purchasing an additional 187,160 shares during the last quarter. Hedge funds and other institutional investors own 70.92% of the company’s stock.
About Ribbon Communications
Ribbon Communications Inc (NASDAQ: RBBN) provides communications software, networking solutions and related services for service providers, enterprises and government organizations. The company helps customers build, operate and secure voice, data and unified communications networks across cloud, IP and optical environments.
Ribbon’s offerings include session border controllers, voice and unified communications platforms, signaling and routing solutions, policy and analytics tools, and software designed to support cloud communications and 5G networks.
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