Benzinga | Oct 27, 2021 04:39PM EDT

Ribbon Communications Q3 Adj. EPS $0.11 Misses $0.12 Estimate, Sales $210.40M Miss $220.57M Estimate

Ribbon Communications (NASDAQ:RBBN) reported quarterly earnings of $0.11 per share which missed the analyst consensus estimate of $0.12 by 8.33 percent. This is a 31.25 percent decrease over earnings of $0.16 per share from the same period last year. The company reported quarterly sales of $210.40 million which missed the analyst consensus estimate of $220.57 million by 4.61 percent. This is a 8.97 percent decrease over sales of $231.12 million the same period last year.