Ribbon Communications: Fourth Quarter Earnings Overview

Ribbon Communications Announces Fourth Quarter Results

Ribbon Communications Inc., headquartered in Plano, Texas, revealed on Thursday that it achieved $89.1 million in earnings for the fourth quarter.

The company reported a net profit of 50 cents per share, with adjusted earnings—excluding certain one-time items—reaching 59 cents per share.

As a provider of internet-based telephone technology, Ribbon Communications generated $227.3 million in revenue during the quarter.

Looking at the full year, the company posted a total profit of $39.6 million, or 22 cents per share, with annual revenue amounting to $844.6 million.