When did Ribbon Communications Inc. report Q1 2024 earnings?

Ribbon Communications Inc. (RBBN) reported Q1 2024 earnings on April 24, 2024 before market open.

What were Ribbon Communications Inc.'s Q1 2024 revenue and EPS?

Ribbon Communications Inc. reported revenue of $179.7M and eps of $-0.01 for Q1 2024.

Did Ribbon Communications Inc. beat estimates in Q1 2024?

Revenue missed the consensus estimate of $185.0M by $5.4M. EPS missed the consensus estimate of $-0.01 by $0.01.

Where can I find Ribbon Communications Inc.'s Q1 2024 SEC filings?

You can read the 10-Q periodic report (0001708055-24-000007) directly on SEC EDGAR. The filing index links above go to sec.gov.

Ribbon Communications Inc. RBBN Q1 2024 earnings

Reported April 24, 2024 · Before market open

Revenue$179.7MMiss by $5.4M

EPS-$0.01Miss by $0.01

Revenue estimate$185.0M

EPS estimate-$0.01

Next report

Oct 28, 2026 (in 3 months)

Revenue estimate$222.5M

EPS estimate$0.06

Financials

Q1 2024

Income statement

See full

Revenue$179.7M-3.5%

Gross profit$92.0M+13.0%

Operating income-$13.5M+61.7%

Net income-$30.4M+20.7%

EPS (diluted)-$0.18+21.7%

Balance sheet

See full

Cash & equivalents$30.9M-32.8%

Total debt$279.1M-8.2%

Total equity$424.7M-10.2%

Total assets$1.1B-9.5%

Cash flow

See full

Operating cash flow$13.1M+17.7%

CapEx$2.5M+4.1%

Free cash flow$10.6M+21.4%

Valuation & ratios

Valuation

as of 03/31/24

See full

Market cap$551.77M-5.2%

Enterprise value$799.99M-4.7%

P/S0.7×0.0×

Profitability

See full

Gross margin51.1%+2.5pp

Operating margin-0.3%-0.2pp

Net margin-7.1%-0.7pp

Returns & leverage

See full

Return on equity-13%-0.9pp

Debt / equity0.7×0.0×

Current ratio0.7×-0.5×

Segments

By geography

See full

EMEA$67.1M+23.9%

Asia Pacific$29.8M-21.8%

Other Geographical Location$11.7M-1.9%

By segment

See full

Cloud And Edge$101.7M-11.2%

IP Optical Networks$78.0M+8.8%

By product

See full

Service Revenue Maintenance$68.4M-3.1%

Service Revenue Professional Services$23.7M+6.4%

Versus estimates

Revenue

Q2 2026$192.3MBeat by $820.0K Q1 2026$162.6MMiss by $827.5K Q4 2025$227.3MMiss by $14.0M Q3 2025$215.4MMiss by $26.0M Q2 2025$220.6MMiss by $5.5M Q1 2025$181.3MMiss by $10.4M

Diluted EPS

Q2 2026-$0.03Miss by $0.02 Q1 2026-$0.05Beat by $0.01 Q4 2025$0.59Beat by $0.48 Q3 2025$0.04Miss by $0.02 Q2 2025$0.05In line Q1 2025-$0.03Miss by $0.04

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Questions, answered.

When did Ribbon Communications Inc. report Q1 2024 earnings?: Ribbon Communications Inc. (RBBN) reported Q1 2024 earnings on April 24, 2024 before market open.
What were Ribbon Communications Inc.'s Q1 2024 revenue and EPS?: Ribbon Communications Inc. reported revenue of $179.7M and eps of $-0.01 for Q1 2024.
Did Ribbon Communications Inc. beat estimates in Q1 2024?: Revenue missed the consensus estimate of $185.0M by $5.4M. EPS missed the consensus estimate of $-0.01 by $0.01.
Where can I find Ribbon Communications Inc.'s Q1 2024 SEC filings?: You can read the 10-Q periodic report (0001708055-24-000007) directly on SEC EDGAR. The filing index links above go to sec.gov.