Investing.com - Ribbon Com reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Ribbon Com announced earnings per share of $-0.120 on revenue of $207.100. Analysts polled by Investing.com EPS of $0.060 on revenue of $218.32M.
Ribbon Com 's are down 55% and is trading at $2.710 , still down 57.76% from its 52 week high of $6.41 set on Thursday, January 13, 2022.
Ribbon Com follows other major Information Technology sector earnings this month
Ribbon Com's report follows an earnings beat by Apple on Thursday, who reported EPS of $1.29 on revenue of $90.1B, EPS of $1.26 on revenue of $88.76B.
Microsoft had beat expectations on Tuesday with first quarter EPS of $2.35 on revenue of $50.1B, for EPS of $2.32 on revenue of $49.86B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar