NASDAQ$RBBN

Ribbon Communications Inc · Q2 2024 earnings

Q2 2024 earnings · · Investor relations

Briefing

RBBN Q2 2024 — $71.0M revenue, 30.00 EPS

Ukraine and the financial sanctions and trade restrictions imposed in connection therewith, our future expenses and restructuring activities, results of operations and financial position, capital stru. Ribbon Communications Inc reported Q2 2024 results. Diluted EPS came in at $30.00. Net income of $47K. Headline numbers extracted from the Form 10-Q press release; narrative is light because this row was processed without an LLM call.

  • Revenue: $71.0M.
  • Diluted EPS: $30.00.
  • Net income: $47K.
  • Operating income: $1.9M.
  • Gross profit: $98K.

Headline financials

Total Revenue

$193M

Previous: $211M-8.5%
EPS

-$0.10

Previous: -$0.13+23.1%
Capital Expenditures

-$5.61M

Previous: -$4.09M-37.2%
Free Cash Flow

-$22.4M

Previous: -$25.6M+12.3%
Net Income

-$16.8M

Previous: -$21.5M+21.7%
Operating Income

-$1.94M

Previous: -$6.62M+70.8%
Gross Profit

$97.9M

Previous: $101M-3.6%
Cash & Equivalents

$64.6M

Previous: $34.6M+86.3%
Total Assets

$1.11B

Previous: $1.17B-5.3%

Revenue & EPS history

Ribbon · Revenue · Quarterly

$193M

Q2 2024-8.5%vs Q2 2023
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 2024

Historical avgQ2 2024

-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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