RBBN - Ribbon Communications Non-GAAP EPS of $0.04 in-line revenue of $210.62M misses by $0.77M
2023-07-26 16:06:33 ET
- Ribbon Communications press release ( NASDAQ: RBBN ): Q2 Non-GAAP EPS of $0.04 in-line.
- Revenue of $210.62M (+2.3% Y/Y) misses by $0.77M .
- Outlook: For the third quarter of 2023, the Company projects revenue of $215 million to $225 million, Non-GAAP gross margin is projected in a range of 51.5% to 52.5%, and Adjusted EBITDA is projected in a range of $26 million to $32 million. The current outlook assumes no worsening of geopolitical conditions (and related sanctions activities) in regions that we operate in, including the ongoing war in Ukraine or civil unrest in Israel.
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Ribbon Communications Non-GAAP EPS of $0.04 in-line, revenue of $210.62M misses by $0.77M