PLANO, Texas (AP) — PLANO, Texas (AP) — Ribbon Communications Inc. (RBBN) on Wednesday reported a loss of $21.5 million in its second quarter.
The Plano, Texas-based company said it had a loss of 13 cents per share. Earnings, adjusted for amortization costs and stock option expense, came to 4 cents per share.
The maker of technology for telephone services over internet networks posted revenue of $210.6 million in the period.
For the current quarter ending in September, Ribbon Communications said it expects revenue in the range of $215 million to $225 million.
The company expects full-year revenue in the range of $840 million to $870 million.
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