Ribbon Communications Inc. (RBBN) reported earnings for its fourth quarter that Increases, from last year
The company's earnings totaled $89.07 million, or $0.50 per share. This compares with $6.36 million, or $0.04 per share, last year.
Excluding items, Ribbon Communications Inc. reported adjusted earnings of $106.15 million or $0.59 per share for the period.
The company's revenue for the period fell 9.6% to $227.323 million from $251.359 million last year.
Ribbon Communications Inc. earnings at a glance (GAAP) :
-Earnings: $89.07 Mln. vs. $6.36 Mln. last year.-EPS: $0.50 vs. $0.04 last year.-Revenue: $227.323 Mln vs. $251.359 Mln last year.
-Guidance:Next quarter revenue guidance: $ 160 M To $ 170 M
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.