Ribbon Communications (NASDAQ:RBBN) Full Year 2024 Results

Key Financial Results

• Revenue: US$833.9m (flat on FY 2023).
• Net loss: US$54.2m (loss narrowed by 18% from FY 2023).
• US$0.31 loss per share (improved from US$0.39 loss in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Ribbon Communications Earnings Insights

The primary driver behind last 12 months revenue was the Cloud and Edge segment contributing a total revenue of US$505.2m (61% of total revenue). The largest operating expense was Research & Development (R&D) costs, amounting to US$179.9m (35% of total expenses). Explore how RBBN's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 5.3% p.a. on average during the next 2 years, compared to a 7.9% growth forecast for the Communications industry in the US.

Performance of the American Communications industry.

The company's shares are up 3.1% from a week ago.

Valuation

It's possible that Ribbon Communications could be undervalued with our 6-factor valuation analysis indicating a potential opportunity. Click here to view our comprehensive analysis and gain insights into the stock's investment prospects.

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