Ribbon Communications: Q4 Earnings Snapshot
News > National News
Audio By Carbonatix
4:38 PM on Wednesday, February 12
The Associated Press
PLANO, Texas (AP) — PLANO, Texas (AP) — Ribbon Communications Inc. (RBBN) on Wednesday reported earnings of $6.4 million in its fourth quarter.
The Plano, Texas-based company said it had profit of 4 cents per share. Earnings, adjusted for one-time gains and costs, were 16 cents per share.
The maker of technology for telephone services over internet networks posted revenue of $251.4 million in the period.
For the year, the company reported a loss of $54.2 million, or 31 cents per share. Revenue was reported as $833.9 million.
For the current quarter ending in March, Ribbon Communications said it expects revenue in the range of $185 million to $195 million.
The company expects full-year revenue in the range of $870 million to $890 million.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RBBN at https://www.zacks.com/ap/RBBN
