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Msg  6623 of 6643  at  7/28/2021 4:58:40 PM  by

dachmeister4u

The following message was updated on 7/28/2021 5:58:31 PM.

 In response to msg 6622 by  Cybrtrader
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Re: RBBN Q2 report

Not too bad, imo. $0.15 GAAP net income per share is decent and supports its current range. ECI wanted "in" with North America service providers, and it is happening. India as a miss in revenue is not all the punishing -- from memory, it is low margin revenue. I'll be curious to hear anything about the RBBN toe-print within TEAMS, if it is even mentioned.

In contrast with a decade of second quarter reports, as a generalization, expectations going into the second quarter would be dashed with the quarter result. The CEO then would essentially be telling me that I will have to wait for the 4th quarter result to determine if a stock position was tenable, i.e, the flush of Tier 1 spending budgets.


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