RBBN - Ribbon Communications Non-GAAP EPS of $0.06 beats by $0.02 revenue of $205.8M in-line 2022 EPS forecast below estimates
- Ribbon Communications press release ( NASDAQ: RBBN ): Q2 Non-GAAP EPS of $0.06 beats by $0.02 .
- Revenue of $205.8M (-2.5% Y/Y) in-line.
- For the third quarter of 2022, the Company projects revenue of $210 million to $225 million vs. 225.5M consensus , non-GAAP gross margin of 55% to 56%, non-GAAP diluted earnings per share of $0.05 to $0.08 vs. $0.11 consensus.
- For the full year 2022, the Company now expects revenue of $840 million to $870 million vs $861.85M consensus, non-GAAP gross margin of 54.0% to 54.5%, non-GAAP diluted earnings per share of $0.18 to $0.22 vs $0.28 consensus.
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Ribbon Communications Non-GAAP EPS of $0.06 beats by $0.02, revenue of $205.8M in-line, 2022 EPS forecast below estimates