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Ribbon Communications Q3 results jump, helped by acquired ECI Telecom Group

Friday 30 October 2020 | 13:18 CET | News
Ribbon Communications reported higher-than-forecast results for the third quarter, buoyed by the contribution of ECI Telecom Group, whose acquisition completed in March. Revenues jumped 68 percent year-on-year to USD 231 million, including USD 78 million from ECI Telecom Group. CEO Bruce McClelland said the company's Cloud & Edge business also benefited from strong software sales and improved operating expenses. The CEO expects further improvement in the fourth quarter. 

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Categories: Fixed
Companies: ECI / Ribbon Communications
Countries: World
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