
Ribbon Communications Inc. (NASDAQ:RBBN – Free Report) – Investment analysts at Northland Securities issued their Q1 2027 earnings estimates for shares of Ribbon Communications in a report released on Wednesday, October 28th. Northland Securities analyst T. Savageaux expects that the communications equipment provider will post earnings of ($0.06) per share for the quarter. The consensus estimate for Ribbon Communications’ current full-year earnings is ($0.05) per share. Northland Securities also issued estimates for Ribbon Communications’ Q2 2027 earnings at ($0.02) EPS, Q3 2027 earnings at $0.02 EPS, Q4 2027 earnings at $0.08 EPS and FY2027 earnings at $0.01 EPS.
Ribbon Communications (NASDAQ:RBBN – Get Free Report) last posted its quarterly earnings data on Tuesday, October 27th. The communications equipment provider reported $0.07 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.04 by $0.03. The firm had revenue of $218.71 million during the quarter, compared to the consensus estimate of $221.75 million. Ribbon Communications had a net margin of 2.32% and a return on equity of 20.22%. The business’s revenue for the quarter was up 1.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.04 EPS.
View Our Latest Report on Ribbon Communications
Ribbon Communications Price Performance
Shares of RBBN opened at $1.63 on Friday. Ribbon Communications has a 12 month low of $1.28 and a 12 month high of $3.55. The firm’s 50 day moving average is $1.75 and its 200-day moving average is $2.25. The stock has a market capitalization of $291.48 million, a PE ratio of 3.47 and a beta of 1.37. The company has a current ratio of 1.31, a quick ratio of 1.03 and a debt-to-equity ratio of 0.82.
Institutional Investors Weigh In On Ribbon Communications
Large investors have recently bought and sold shares of the company. AXQ Capital LP bought a new position in Ribbon Communications in the 2nd quarter valued at about $25,000. Y Intercept Hong Kong Ltd bought a new stake in shares of Ribbon Communications during the 1st quarter worth approximately $26,000. Canada Pension Plan Investment Board bought a new stake in shares of Ribbon Communications during the 2nd quarter worth approximately $27,000. NewEdge Wealth LLC acquired a new stake in shares of Ribbon Communications during the 1st quarter worth approximately $34,000. Finally, Wedbush Securities Inc. acquired a new stake in shares of Ribbon Communications during the 3rd quarter worth approximately $45,000. 70.92% of the stock is currently owned by institutional investors and hedge funds.
Ribbon Communications Company Profile
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.
Read More
- Five stocks we like better than Ribbon Communications
- 5 Stocks to Buy in November: Bargains Worth Giving Thanks For
- Phillips 66 Posts Strong Earnings But the Stock Doesn’t Care
- NXP Semiconductors Falls After Strong Earnings—Is the Sell-Off Overdone?
- GE Vernova’s Reservations Are Turning Into Real Orders—But the Market Still Wants More.
Receive News & Ratings for Ribbon Communications Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ribbon Communications and related companies with MarketBeat.com's FREE daily email newsletter.
