Benzinga | Apr 28, 2021 04:18PM EDT

Ribbon Communications Q1 EPS $0.03 Beats $0.02 Estimate, Sales $193.00M Miss $193.52M Estimate

Ribbon Communications (NASDAQ:RBBN) reported quarterly earnings of $0.03 per share which beat the analyst consensus estimate of $0.02 by 50 percent. This is a 200 percent increase over earnings of $0.01 per share from the same period last year. The company reported quarterly sales of $193.00 million which missed the analyst consensus estimate of $193.52 million by 0.27 percent. This is a 22.17 percent increase over sales of $157.98 million the same period last year.