RIBBON COMMUNICATIONS Reports FY2022 Q4 Earnings Results Ahead of Schedule
February 25, 2023
Earnings Overview
RIBBON COMMUNICATIONS ($BER:NU42) reported FY2022 Q4 earnings results for the period ending February 15 2023 on December 31 2022, with total revenue increasing 121.3% year-over-year to USD 20.5 million and net income increasing 1.3% year-over-year to USD 233.6 million.
Share Price
On Wednesday, Ribbon Communications reported their fourth quarter financial earning results for Fiscal Year 2022, nearly one month ahead of schedule. At the end of trading, Ribbons stock opened at €3.3 and closed at €3.3, a steady increase from last quarter’s earnings report. While the stock remains steady, the earnings report provides insight into the company’s financial performance for the quarter. In light of the report, Ribbon has seen its stock remain steady as investors recognize the company’s strong performance.
The report also provides an optimistic outlook for Ribbon’s future earnings potential. With continued success, Ribbon has the potential to become a major player in the communications industry. 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 recently analyzed the financials of RIBBON COMMUNICATIONS and found that it presents a high risk investment in terms of financial and business aspects. To help our clients better understand this risk rating, we detected two risk warnings in their income statement and balance sheet. To get more detailed information, we encourage our clients to register with us so they can view the financial analysis we have performed. Our analysis provides data-driven insights into the financial health of the company, helping our clients make informed decisions about their investments. More…
Summary
Ribbon Communications saw tremendous growth in the fourth quarter of FY2022. Total revenue came in at USD 20.5 million, a 121.3% year-over-year increase, and net income was USD 233.6 million, a 1.3% year-over-year increase. This strong performance indicates a positive outlook for investing in the company, as it products and services continue to lead in the communications market. Investors should be aware of the potential upside from investing in Ribbon Communications and should be monitoring their stock for long-term growth potential.
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