PLANO, Texas (AP) — PLANO, Texas (AP) — Ribbon Communications Inc. (RBBN) on Thursday reported earnings of $89.1 million in its fourth quarter.
The Plano, Texas-based company said it had net income of 50 cents per share. Earnings, adjusted for one-time gains and costs, came to 59 cents per share.
The maker of technology for telephone services over internet networks posted revenue of $227.3 million in the period.
For the year, the company reported profit of $39.6 million, or 22 cents per share. Revenue was reported as $844.6 million.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RBBN at https://www.zacks.com/ap/RBBN
/Microsoft%20Corporation%20logo%20on%20phone-by%20rafapress%20via%20Shuterstock.jpg)