NASDAQ$RBBN

Ribbon Communications Inc · Q2 2023 earnings

Q2 2023 earnings · · Investor relations

Headline financials

Total Revenue

$211M

Previous: $206M+2.3%
EPS

-$0.13

Previous: -$0.20+35.0%
Capital Expenditures

-$4.09M

Previous: -$6.52M+37.2%
Free Cash Flow

-$25.6M

Previous: -$36.7M+30.3%
Net Income

-$21.5M

Previous: -$30.2M+28.8%
Operating Income

-$6.62M

Previous: -$7.24M+8.5%
Gross Profit

$101M

Previous: $105M-2.9%
Cash & Equivalents

$34.6M

Previous: $36.2M-4.4%
Total Assets

$1.17B

Previous: $1.23B-5.2%

Revenue & EPS history

Ribbon · Revenue · Quarterly

$211M

Q2 2023+2.3%vs Q2 2022
Beat estimate in 1 of 5 quarters(20%)
ActualEstimate

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2023

Historical avgQ2 2023

-2.6%

Avg return

Earnings day

-4.3%

Avg return

5 days after

-1.9%

Avg return

30 days after

41%

11 / 27 earnings

Positive

+20.4%

Q3 2018

Best reaction

-27.9%

Q4 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-8.5%+2.7%+18.1%
Q4 2025-27.9%-27.6%-21.0%
Q3 2025-13.7%-13.5%-31.3%
Q2 2025-2.0%-6.1%-3.3%
Q1 2025-14.4%-15.7%-9.9%
Q3 2024+8.2%+6.4%+13.7%
Q2 2024+0.6%-8.3%+3.1%
Q1 2024+1.9%+0.0%-8.6%
Q3 2023+2.6%-1.1%+11.6%
Q2 2023-4.9%-7.0%-19.8%
Q1 2023-0.4%+1.6%+7.8%
Q3 2022-2.9%-10.4%-7.2%
Q2 2022-9.1%-8.8%-2.8%
Q1 2022+1.0%+2.0%-6.3%
Q3 2021-9.2%-1.0%-4.4%
Q2 2021+0.0%-2.8%-3.8%
Q1 2021-5.9%-9.2%+3.8%
Q3 2020+11.7%+10.6%+69.2%
Q2 2020-2.1%-6.3%-17.3%
Q1 2020+2.5%-7.8%+25.8%
Q3 2019-21.7%-20.8%-46.5%
Q2 2019+3.7%+9.3%+5.1%
Q1 2019-0.7%-11.6%-20.3%
Q3 2018+20.4%+18.8%-5.5%
Q2 2018+2.5%+2.4%+1.9%
Q1 2018+1.2%+2.4%+4.0%
Q3 2017-2.6%-15.1%-6.5%

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