RIBBON COMMUNICATIONS Reports Fourth Quarter FY2022 Earnings Results for Period Ending February 15 2023
March 19, 2023
Earnings Overview
On February 15 2023, RIBBON COMMUNICATIONS ($BER:NU42) announced its earnings results for the fourth quarter of FY2022, which ended on December 31 2022. The company achieved a total revenue of USD 20.5 million, a 121.3% year-over-year increase. Net income was reported at USD 233.6 million, a 1.3% year-over-year increase.
Price History
The company’s stock opened at €3.3 and closed at the same price. This reflects a steady performance and investor confidence in the stock. This includes cloud-based communication solutions, SIP trunking services, IP based networks, and unified communications tools.
In addition, they offer business continuity solutions to enable organizations to remain connected during emergencies and outages. The company’s fourth quarter FY2022 earnings report showed strong performance across several key metrics. The gross profit margin was also up year-on-year by 3%, indicating that the company is successfully managing their costs. Overall, RIBBON COMMUNICATIONS reported an impressive fourth quarter performance that reflects strong underlying fundamentals. With a diversified product portfolio, reliable customer service, and a focus on innovation, the company is well-positioned to continue its success in the upcoming quarters. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Ribbon Communications. More…
| Total Revenues | Net Income | Net Margin |
| 819.76 | -98.08 | -10.1% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Ribbon Communications. More…
| Operations | Investing | Financing |
| -26.36 | -12.14 | 0.93 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Ribbon Communications. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.26k | 737.14 | 2.91 |
Key Ratios Snapshot
Some of the financial key ratios for Ribbon Communications are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 13.3% | – | -11.3% |
| FCF Margin | ROE | ROA |
| -4.9% | -11.5% | -4.6% |
Analysis
At GoodWhale, we make it easy for you to analyze RIBBON COMMUNICATIONS’s financials. Once registered, you’ll be able to access Risk Rating, which will let you know if RIBBON COMMUNICATIONS is a high risk investment in terms of financial and business aspects. In addition, you can check out our Risk Warnings. We’ve detected two risk warnings in the income sheet and balance sheet, so make sure to register and investigate further. With GoodWhale, you can be sure that you’re making informed decisions about your investments. More…
Summary
RIBBON COMMUNICATIONS reported impressive fourth quarter results of FY2022, with total revenue increasing by 121.3% from the prior year and net income increasing by 1.3%. These numbers clearly demonstrate the company’s financial strength and make it an attractive investment opportunity for potential investors. In addition to their strong financials, RIBBON COMMUNICATIONS boasts strong customer relationships and is well positioned to capitalize on the growth of the telecom sector. Therefore, investors interested in telecom stocks should strongly consider RIBBON COMMUNICATIONS as a sound investment option.
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