Ribbon munications -Ribbon Communications (RBBN) Reports Q1 Loss, Misses Revenue Estimates

Ribbon Communications (RBBN) came out with a quarterly loss of $0.03 per share versus the Zacks Consensus Estimate of$ 0.01. This compares to loss of $0.01 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -400%. A quarter ago, it was expected that this maker of technology for telephone services over internet networks would post earnings of$ 0.12 per share when it actually produced earnings of $0.16, delivering a surprise of 33. ...