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Ribbon Communications (RBBN) Q2 Earnings Meet Estimates

Ribbon Communications (RBBN) came out with quarterly earnings of 0.05pershare,inlinewiththeZacksConsensusEstimate.Thiscomparestoearningsof0.05 per share, in line with the Zacks Consensus Estimate . This compares to earnings of 0.05 per share a year ago. These figures are adjusted for non-recurring items. A quarter ago, it was expected that this maker of technology for telephone services over internet networks would post earnings of 0.01persharewhenitactuallyproducedalossof0.01 per share when it actually produced a loss of 0.03, delivering a surprise of -400%.Over the last four quarters, the company has surpassed co ...