* Ribbon Communications Inc reported quarterly adjusted earnings of 5 cents​​ per share for the quarter ended September 30, identical to the same quarter last year. The mean expectation of five analysts for the quarter was for earnings of 6 cents per share. Wall Street expected results to range from 4 cents to 8 cents per share.

* Revenue rose 3.5% to $210.24 million from a year ago; analysts expected $212.14 million.

* Ribbon Communications Inc's reported EPS for the quarter was a loss of 8 cents​.

* The company reported a quarterly loss of $13.42 million.

* Ribbon Communications Inc shares had risen by 5.2% this quarter and gained 17.9% so far this year.

FORECAST CHANGES

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

* In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

* 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 average consensus recommendation for the communications & networking peer group is also "buy"

Wall Street's median 12-month price target for Ribbon Communications Inc is $6.00 This summary was machine generated from LSEG data October 24 at 03:02 a.m. UTC. ​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) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,

MISSED

Sep. 30 2024 0.06 0.05 Missed

Jun. 30 2024 0.05 0.05 Met

Mar. 31 2024 0.00 -0.01 Missed

Dec. 31 2023 0.13 0.12 Missed