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RBBN's 16% Tumble Creates Buying Opportunity Amid Near-Term Challenges

By Forbes   |   Jul 26, 2024 at 03:42 PM EST
RBBN's 16% Tumble Creates Buying Opportunity Amid Near-Term Challenges

Ribbon Communications' shares dropped 16% after Q2 results missed expectations. Despite revenue fall due to delayed deals, adjusted EBITDA held up. Reduced forecasts are due to Ukraine conflict impact. Company remains optimistic with growth opportunities ahead.

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