In This Article:
Ribbon Communications (NASDAQ:RBBN) Full Year 2024 Results
Key Financial Results
-
Revenue: US$833.9m (flat on FY 2023).
-
Net loss: US$54.2m (loss narrowed by 18% from FY 2023).
-
US$0.31 loss per share (improved from US$0.39 loss in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Ribbon Communications Earnings Insights
The primary driver behind last 12 months revenue was the Cloud and Edge segment contributing a total revenue of US$505.2m (61% of total revenue). The largest operating expense was Research & Development (R&D) costs, amounting to US$179.9m (35% of total expenses). Explore how RBBN's revenue and expenses shape its earnings.
Looking ahead, revenue is forecast to grow 5.3% p.a. on average during the next 2 years, compared to a 7.9% growth forecast for the Communications industry in the US.
Performance of the American Communications industry.
The company's shares are up 3.1% from a week ago.
Valuation
It's possible that Ribbon Communications could be undervalued with our 6-factor valuation analysis indicating a potential opportunity. Click here to view our comprehensive analysis and gain insights into the stock's investment prospects.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.