Ribbon Communications (RBBN) Projected to Post Quarterly Earnings on Tuesday

Ribbon Communications (NASDAQ:RBBN - Get Free Report) is anticipated to post its quarterly earnings results before the market opens on Tuesday, April 29th. Analysts expect Ribbon Communications to post earnings of $0.01 per share and revenue of $191.66 million for the quarter. Ribbon Communications has set its FY 2025 guidance at EPS and its Q1 2025 guidance at EPS.Persons interested in registering for the company's earnings conference call can do so using this link.

Ribbon Communications (NASDAQ:RBBN - Get Free Report) last posted its earnings results on Wednesday, February 12th. The communications equipment provider reported $0.14 EPS for the quarter, topping the consensus estimate of $0.13 by $0.01. Ribbon Communications had a negative net margin of 6.50% and a positive return on equity of 7.36%. On average, analysts expect Ribbon Communications to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Ribbon Communications Stock Up 1.4 %

Shares of NASDAQ:RBBN traded up $0.05 on Friday, reaching $3.58. The company had a trading volume of 378,782 shares, compared to its average volume of 415,429. The stock has a 50-day moving average price of $4.10 and a 200 day moving average price of $3.97. The company has a quick ratio of 1.16, a current ratio of 1.42 and a debt-to-equity ratio of 0.84. Ribbon Communications has a twelve month low of $2.47 and a twelve month high of $5.38. The stock has a market capitalization of $629.84 million, a P/E ratio of -11.19 and a beta of 1.37.

Analyst Ratings Changes

A number of equities analysts have recently commented on RBBN shares. JMP Securities reissued a "market outperform" rating and issued a $6.00 price target on shares of Ribbon Communications in a research report on Thursday, February 13th. Rosenblatt Securities reiterated a "buy" rating and issued a $5.50 target price on shares of Ribbon Communications in a report on Monday, December 30th. Finally, StockNews.com cut shares of Ribbon Communications from a "strong-buy" rating to a "buy" rating in a report on Monday, March 31st. Five analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock presently has an average rating of "Buy" and a consensus target price of $6.00.

About Ribbon Communications

Ribbon Communications Inc provides communications technology in the United States, Europe, the Middle East, Africa, the Asia Pacific, and internationally. It operates through two segments, Cloud and Edge, and IP Optical Networks. The Cloud and Edge segment provides software and hardware products, solutions, and services for voice over internet protocol communications, voice over long-term evolution, and voice over 5G communications, and unified communications and collaboration.