Ribbon Communications (RBBN) Q4 Earnings and Revenues Surpass Estimates

Group 1: Earnings Performance - Ribbon Communications reported quarterly earnings of $0.16 per share, exceeding the Zacks Consensus Estimate of $0.12 per share, and up from $0.12 per share a year ago [1] - The earnings surprise for this quarter was 33.33%, with the company having surpassed consensus EPS estimates two times over the last four quarters [2] - The company posted revenues of $251.36 million for the quarter, surpassing the Zacks Consensus Estimate by 3.62%, and an increase from $226.4 million year-over-year [3] Group 2: Stock Performance and Outlook - Ribbon Communications shares have increased approximately 4.3% since the beginning of the year, compared to the S&P 500's gain of 3.2% [4] - The current consensus EPS estimate for the upcoming quarter is $0.02 on revenues of $190.66 million, and $0.27 on revenues of $866.46 million for the current fiscal year [8] - The estimate revisions trend for Ribbon Communications is mixed, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [7] Group 3: Industry Context - The Communication - Network Software industry, to which Ribbon Communications belongs, is currently ranked in the bottom 30% of over 250 Zacks industries, which may impact stock performance [9] - Frontier Communications, another company in the same industry, is expected to report a quarterly loss of $0.19 per share, reflecting a significant year-over-year decline of -371.4% [10]