Ribbon Communications (RBBN) Other Accumulated Expenses (2016 - 2024)
Ribbon Communications' (RBBN) quarterly Other Accumulated Expenses came in at $31.2 million in Q2 2024, up 4.34% year-over-year from $29.9 million in Q3 2023, and down 2.91% quarter-over-quarter from $32.2 million in Q1 2024.
Analysis
Ribbon Communications (RBBN) Other Accumulated Expenses (2016 - 2024) Analysis & Trends
Ribbon Communications has disclosed Other Accumulated Expenses across 9 years of filings, most recently posting $31.2 million for Q2 2024.
- In Q2 2024, Other Accumulated Expenses rose 4.34% year-over-year to $31.2 million; the TTM figure through Jun 2024 stood at $31.2 million (up 4.34% YoY), while the FY2023 annual figure was $29.9 million, down 11.82% from the prior year.
- Other Accumulated Expenses came in at $31.2 million for Q2 2024 at Ribbon Communications, down from $32.2 million in the prior quarter.
- In the past five years, Other Accumulated Expenses ranged from a high of $68.8 million in Q4 2020 to a low of $29.9 million in Q4 2023.
- Average Other Accumulated Expenses over 5 years is $45.8 million, with a median of $49.0 million recorded in 2021.
- Year-over-year, Other Accumulated Expenses jumped 324.77% in 2020 and sank 41.27% in 2023.
- Over 5 years, Other Accumulated Expenses stood at $68.8 million in 2020, then fell by 29.75% to $48.3 million in 2021, then slipped by 29.82% to $33.9 million in 2022, then dropped by 11.82% to $29.9 million in 2023, then gained by 4.44% to $31.2 million in 2024.
- Per Business Quant data, the three most recent Other Accumulated Expenses figures were $31.2 million in Q2 2024, $32.2 million in Q1 2024, and $29.9 million in Q4 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Cisco Systems | 430.90 Bn | 415.39 Bn | 11.06 Bn |
| 2 | Ciena | 45.56 Bn | 42.93 Bn | 759.27 Mn |
| 3 | Ubiquiti | 35.05 Bn | 34.43 Bn | 429.25 Mn |
| 4 | Ericsson Lm Telephone | 34.05 Bn | 14.63 Bn | 2.58 Bn |
| 5 | Applied Optoelectronics | 8.91 Bn | 8.41 Bn | 53.21 Mn |
| 6 | Amdocs | 6.75 Bn | 6.58 Bn | 467.16 Mn |
| 7 | Extreme Networks | 2.85 Bn | 2.64 Bn | 210.49 Mn |
| 8 | Digi International | 2.63 Bn | 2.60 Bn | 89.93 Mn |
| 9 | Nextnav | 2.54 Bn | 2.54 Bn | -905,000.00 |
| 10 | Ribbon Communications | 355.76 Mn | 310.25 Mn | 90.34 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 31.25 Mn |
| Mar 31, 2024 | 32.19 Mn |
| Dec 31, 2023 | 29.92 Mn |
| Sep 30, 2023 | 33.10 Mn |
| Jun 30, 2023 | 29.95 Mn |
| Mar 31, 2023 | 37.50 Mn |
| Dec 31, 2022 | 33.93 Mn |
| Sep 30, 2022 | 54.24 Mn |
| Jun 30, 2022 | 50.99 Mn |
| Mar 31, 2022 | 43.82 Mn |
| Dec 31, 2021 | 48.35 Mn |
| Sep 30, 2021 | 55.29 Mn |
| Jun 30, 2021 | 49.55 Mn |
| Mar 31, 2021 | 57.06 Mn |
| Dec 31, 2020 | 68.83 Mn |
| Sep 30, 2020 | 63.92 Mn |
| Jun 30, 2020 | 52.27 Mn |
| Mar 31, 2020 | 53.00 Mn |
| Dec 31, 2019 | 16.20 Mn |
| Sep 30, 2019 | 24.62 Mn |