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Ribbon Communications Embarks On A Risky Bet

January 6th, 2020 · No Comments

  • The company’s share price has crashed, first on disappointing Q3 figures, then on the proposed acquisition of ECI.
  • We think the selloff on the Q3 figures is not really justified, and have made the shares quite cheap.
  • However, their proposed acquisition of ECI is a risky bet. The rationale for the acquisition is clear, but the financial foundation leaves little room for error, in our view.

Source: Ribbon Communications Embarks On A Risky Bet – Ribbon Communications Inc. (NASDAQ:RBBN) | Seeking Alpha

Tags: RBBN