Ribbon Communications, headquartered in Plano, Texas, specializes in communications software and networking solutions for service providers and enterprises, employing 3,107 staff since its IPO on September 13, 2004. The company operates in two segments: Cloud and Edge, focusing on VoIP and collaboration, and IP Optical Networks, providing secure solutions for high-performance networking and optical transport.
Ribbon Communications New (RBBN) reported a positive EPS surprise in its most recent quarterly earnings. For the most recent quarter, Ribbon Communications New's actual EPS was $0.05, beating the estimate of $0.05 per share, resulting in a 8.80% surprise.
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