* Ribbon Communications Inc is expected to show a rise in quarterly revenue when it reports results on October 23 for the period ending September 30 2024

* The Plano Texas-based company is expected to report a 4.4% increase in revenue to $212.135 million from $203.16 million a year ago, according to the mean estimate from 5 analysts, based on LSEG data.The company's guidance on July 24 2024, for the period ended September 30, was for revenue between 205.00 million and 220.00 million.

* ​LSEG's mean analyst estimate for Ribbon Communications Inc is for earnings of 6 cents per share.

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

* The mean earnings estimate of analysts was unchanged in the last three months. ​

* Wall Street's median 12-month price target for Ribbon Communications Inc is $6.00​, above​ its last closing price of $3.41. ​​​

The company's guidance on July 24 2024 for the period ended September 30 was for Earnings before Interest and Taxes of 3 million.The company's guidance on July 24 2024 for the period ended September 30 was for Earnings before Interest, Taxes, Depreciation and Amortization of between 205 million and 30 million.The company's guidance on July 24 2024 for the period ended September 30 was for gross profit margin between 53% and 53.5%. Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI

ENDING ARTESTIMAT ESTIMATE MET, SE %

E® MISSED

Jun. 30 2024 0.04 0.05 0.05 Met 4.2

Mar. 31 2024 -0.01 0.00 -0.01 Missed -100

Jan. 1 0001 0.14 0.13 0.12 Missed -10.4​

Sep. 30 2023 0.08 0.08 0.05 Missed -35.9

​​Jun. 0.04 0.04 0.04 Met 5.3

30 2023

Mar. 31 2023 -0.05 -0.04 -0.02 Beat 44.4​

Dec. 31 2022 0.00 0.00 0.09 Beat 1,900

Sep. 30 2022 0.06 0.06 0.02 Missed -66

This summary was machine generated October 21 at 22:09 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)