PLANO, Texas (AP) 鈥� PLANO, Texas (AP) 鈥� Ribbon Communications Inc. (RBBN) on Tuesday reported a loss of $34.5 million in its first quarter.
On a per-share basis, the Plano, Texas-based company said it had a loss of 20 cents. Losses, adjusted for one-time gains and costs, were 5 cents per share.
The maker of technology for telephone services over internet networks posted revenue of $162.6 million in the period.
For the current quarter ending in June, Ribbon Communications said it expects revenue in the range of $185 million to $195 million.
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