
Ribbon Communications Inc. (NASDAQ:RBBN – Free Report) – Research analysts at Northland Securities dropped their FY2026 earnings estimates for shares of Ribbon Communications in a research report issued on Wednesday, July 29th. Northland Securities analyst T. Savageaux now anticipates that the communications equipment provider will post earnings of ($0.05) per share for the year, down from their previous estimate of $0.04. The consensus estimate for Ribbon Communications’ current full-year earnings is $0.02 per share.
Ribbon Communications (NASDAQ:RBBN – Get Free Report) last announced its quarterly earnings data on Tuesday, July 28th. The communications equipment provider reported ($0.03) earnings per share for the quarter, missing the consensus estimate of ($0.01) by ($0.02). Ribbon Communications had a net margin of 1.96% and a return on equity of 19.70%. The firm had revenue of $192.34 million during the quarter, compared to the consensus estimate of $189.99 million. During the same period in the prior year, the firm earned $0.05 earnings per share. The firm’s quarterly revenue was down 13.0% compared to the same quarter last year.
View Our Latest Stock Analysis on RBBN
Ribbon Communications Price Performance
Shares of RBBN opened at $2.12 on Tuesday. Ribbon Communications has a 52 week low of $1.80 and a 52 week high of $4.24. The company has a current ratio of 1.37, a quick ratio of 1.09 and a debt-to-equity ratio of 0.77. The firm has a market cap of $373.42 million, a price-to-earnings ratio of 26.50 and a beta of 1.36. The stock has a 50 day moving average of $2.45 and a 200-day moving average of $2.44.
Institutional Investors Weigh In On Ribbon Communications
Several hedge funds have recently modified their holdings of RBBN. Kennedy Capital Management LLC purchased a new position in Ribbon Communications during the fourth quarter valued at approximately $2,047,000. Arrowstreet Capital Limited Partnership grew its position in Ribbon Communications by 99.6% in the third quarter. Arrowstreet Capital Limited Partnership now owns 964,446 shares of the communications equipment provider’s stock worth $3,665,000 after acquiring an additional 481,276 shares in the last quarter. Jacobs Levy Equity Management Inc. increased its stake in shares of Ribbon Communications by 88.9% during the 4th quarter. Jacobs Levy Equity Management Inc. now owns 890,168 shares of the communications equipment provider’s stock worth $2,564,000 after purchasing an additional 418,967 shares during the last quarter. Goldman Sachs Group Inc. boosted its holdings in Ribbon Communications by 85.7% in the fourth quarter. Goldman Sachs Group Inc. now owns 787,493 shares of the communications equipment provider’s stock worth $2,268,000 after purchasing an additional 363,334 shares in the last quarter. Finally, AQR Capital Management LLC raised its holdings in Ribbon Communications by 190.6% during the fourth quarter. AQR Capital Management LLC now owns 491,471 shares of the communications equipment provider’s stock valued at $1,415,000 after buying an additional 322,364 shares in the last quarter. 70.92% of the stock is owned by hedge funds and other institutional investors.
About Ribbon Communications
Ribbon Communications Inc is a global provider of real-time communications software and network solutions for service providers and enterprises. The company’s offerings address the full life cycle of voice, video and data transmission across fixed, mobile and cloud environments. Ribbon’s technology portfolio is designed to enable secure, intelligent and interoperable communications in applications such as unified communications, contact centers, wholesale VoIP interconnect and next-generation 5G networks.
Ribbon’s product suite includes session border controllers (SBCs), which secure and interwork IP voice and multimedia sessions; Diameter signaling controllers for 4G/5G policy and charging control; network edge virtualization platforms; and analytics engines for service assurance and fraud management.
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