PLANO, Texas (AP) — PLANO, Texas (AP) — Ribbon Communications Inc. (RBBN) on Wednesday reported a loss of $16.8 million in its second quarter.
On a per-share basis, the Plano, Texas-based company said it had a loss of 10 cents. Earnings, adjusted for non-recurring costs and stock option expense, were 5 cents per share.
The maker of technology for telephone services over internet networks posted revenue of $192.6 million in the period.
For the current quarter ending in September, Ribbon Communications said it expects revenue in the range of $205 million to $220 million.
The company expects full-year revenue in the range of $830 million to $850 million.
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