Ribbon Communications (RBBN) Tops Q4 EPS by 5c, Beats on Revenues

Ribbon Communications (NASDAQ: RBBN) reported Q4 EPS of $0.27, $0.05 better than the analyst estimate of $0.22. Revenue for the quarter came in at $169.5 million versus the consensus estimate of $149.89 million.

Q417 Financial Highlights1,2

• GAAP total revenue was $146.2 million, compared to $67.6 million in the fourth quarter of 2016.
• Non-GAAP total revenue was $169.5 million, compared to $67.6 million in the fourth quarter of 2016.
• GAAP net loss was $15.7 million, compared to $2.6 million in the fourth quarter of 2016.
• GAAP loss per share was $0.18, compared to $0.05 in the fourth quarter of 2016.
• Non-GAAP diluted earnings per share was $0.27, compared to $0.09 in the fourth quarter of 2016.
• Non-GAAP Adjusted EBITDA was $27.8 million, compared to $7.0 million in the fourth quarter of 2016.

For earnings history and earnings-related data on Ribbon Communications (RBBN) click here.

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