Ribbon Communications

Ribbon Communications, Inc. delivers communications software, IP and optical networking solutions to service providers, enterprises, and infrastructure sectors. It operates through the following segments: Cloud & Edge and IP Optical Networks. The Cloud and Edge segment provides secure and reliable software and hardware products, solutions, and services for enabling Voice over Internet Protocol (VoIP) communications, Voice over Long-Term Evolution (VoLTE) and Voice Over 5G (VoNR) communications, and Unified Communications and Collaboration (UC&C) within service provider and enterprise networks and from the cloud. The IP Optical Networks segment provides secure, and reliable hardware and software products solutions for IP networking, switching, routing, and optical transport designed to support and enable technologies like 5G, distributed cloud computing and corresponding applications by delivering ultra-low cost-per-bit transport and multi-service flexibility. The company was founded in 1997 and is headquartered in Plano, TX.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Ribbon Communications excels in Q4 2022, eyes revenue growth

Ribbon Communications reports strong Q4 2022 earnings with revenue growth, positive cash flow, and a focus on profitability. Challenges include supply limitations impacting backlog and revenue projections for the first quarter. Opportunities lie in revenue growth, cost management, and strategic investments in India.

Ribbon Communications reports strong Q1 performance amidst challenges and opportunities

Ribbon Communications had a strong Q1 2023 with robust sales and bookings, driven by new product investments and growth in key segments like IP Optical and Cloud Edge.
While facing challenges like supply chain disruptions and project timing fluctuations, the company remains optimistic about revenue growth and profitability improvements.
Opportunities lie in cost reduction strategies, upcoming projects with major clients, and investor engagement through conferences to drive future growth.
Overall, Ribbon Communications shows resilience and strategic focus in navigating challenges and capitalizing on opportunities for sustained growth.

Ribbon Communications surpasses Q2 expectations, eyes growth opportunities ahead

Ribbon Communications delivered a solid performance in Q2, exceeding guidance with strong sales and margins, particularly in key markets like India and North America.
The company's transition to a subscription-based model in the enterprise space shows promise, despite challenges in the Cloud & Edge segment.
Opportunities lie in continued growth in key markets, cost improvements in IP Optical segment, and engagement with investors for potential market interest.
Overall, Ribbon Communications is strategically positioned for growth, with a focus on profitability and market expansion in the coming quarters.

Ribbon Communications reports solid Q3 earnings, anticipates growth opportunities

Ribbon Communications showed resilience in Q3 with strong earnings growth despite revenue challenges.
The company's focus on IP Optical Networks and innovative product offerings are driving profitability.
Challenges in Cloud and Edge segment sales are being addressed, with opportunities for growth ahead.
Overall, Ribbon Communications is poised for a positive trajectory with strong bookings and upcoming investor conferences.

Ribbon Communications reports robust Q4 earnings, eyes growth opportunities

Ribbon Communications excelled in Q4, with strong financial performance and profitability milestones in the IP Optical business.
While facing challenges in certain segments, the company remains optimistic about revenue growth and profitability enhancements for 2024.
Strategic opportunities lie in sustained product demand, regional sales growth, and engagement with investors for future expansion.
Navigating challenges around market dynamics and revenue declines will be crucial for maintaining growth momentum and profitability.

Ribbon Communications beats Q1 expectations, secures Verizon deal for growth

Ribbon Communications excelled in Q1, surpassing adjusted EBITDA expectations and demonstrating strong growth in key segments. The Verizon deal is poised to drive substantial revenue and confidence in the Cloud & Edge business.
While facing challenges with declining revenue from U.S. Tier 1 service providers, Ribbon Communications is actively pursuing opportunities for growth and diversification. Progress in modernization efforts and market expansion bode well for future success.
Overall, Ribbon Communications showcased resilience and strategic foresight in navigating market challenges and capitalizing on growth prospects, positioning the company for sustained success and investor engagement.

Ribbon Communications posts strong Q3 results, eyes growth opportunities ahead

Ribbon Communications reports solid Q3 performance with sales reaching $210 million, driven by Cloud & Edge business growth and strong U.S. market performance.
Despite challenges in the IP Optical segment, the company maintains operational efficiency with a gross margin of 55% and focuses on cost management.
Opportunities for growth include product enhancements, market expansion, and leveraging success factors driving IP Optical segment growth.
With a positive outlook for Q4 and expectations of mid-single-digit revenue growth in 2025, Ribbon Communications is poised for continued success and expansion.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Ribbon Communications, Inc. delivers communications software, IP and optical networking solutions to service providers, enterprises, and infrastructure sectors. It operates through the Cloud and Edge, and IP Optical Networks segments. The Cloud and Edge segment provides secure and reliable software and hardware products, solutions, and services for enabling Voice over Internet Protocol (VoIP) communications, Voice over Long-Term Evolution (VoLTE) and Voice Over 5G (VoNR) communications, and Unified Communications and Collaboration (UC&C) within service provider and enterprise networks and from the cloud. The IP Optical Networks segment provides secure, and reliable hardware and software products solutions for IP networking, switching, routing, and optical transport designed to support and enable technologies like 5G, distributed cloud computing and corresponding applications by delivering ultra-low cost-per-bit transport and multi-service flexibility. The company was founded in 1997 and is headquartered in Plano, TX.

PLANO, Texas , July 13, 2022 /PRNewswire/ --  Ribbon Communications Inc. (Nasdaq: RBBN), a global provider of real time communications technology and IP optical networking solutions to many of the world's largest service providers, enterprises, and critical infrastructure operators to modernize and protect their networks, today announced that it will report financial results for the second quarter of 2022 after the close of the market on Wednesday, July 27, 2022 . Following the release, Ribbon Communications will host a conference call with the financial community at 4:30 p.m.

Ribbon Communications to Report Second Quarter 2022 Financial Results on July 27, 2022

Highlights continued sustainability engagement PLANO, Texas , June 30, 2022 /PRNewswire/ --  Ribbon Communications Inc. (Nasdaq: RBBN), a global provider of real time communications technology and IP optical networking solutions to many of the world's largest service providers, enterprises, and critical infrastructure operators to modernize and protect their networks, today announced that it has won the 2021 Award for Excellence in Network Equipment Sustainability in the TIA QuEST Forum Sustainability Awards. "This award underscores our commitment to furthering our sustainability practices, including our pledge to reduce direct carbon emissions by 30% by 2030.

Ribbon Wins TIA QuEST Forum Sustainability Award for Excellence in Network Equipment Sustainability

Enables service providers to rapidly deliver telecom services to Microsoft Teams PLANO, Texas , June 14, 2022 /PRNewswire/ -- Ribbon Communications Inc. (Nasdaq: RBBN), a global provider of real time communications technology and IP optical networking solutions to many of the world's largest service providers, enterprises, and critical infrastructure operators to modernize and protect their networks, today announced its partnership with DSTNY Automate (previously Qunifi Limited), a global leader in Microsoft integration and API automation, for its Ribbon Connect services. Ribbon Connect for Operator Connect leverages both Ribbon's market-leading Session Border Controller (SBC), call processing, centralized routing, and analytics capabilities and DSTNY Automate's API bridging and workflow automation technology.

Ribbon and DSTNY Automate Support Microsoft's Operator Connect Accelerator

Ribbon Communications (RBBN) appears to have found support after losing some value lately, as indicated by the formation of a hammer chart. In addition to this technical chart pattern, strong agreement among Wall Street analysts in revising earnings estimates higher enhances the stock's potential for a turnaround in the near term.

Ribbon Communications (RBBN) Could Find Support Soon, Here's Why You Should Buy the Stock Now

Leverages Ribbon's state-of-the-art Optical solution to significantly upgrade bandwidth capacity and improve resiliency to ensure fast, reliable delivery of communications services PLANO, Texas , May 24, 2022 /PRNewswire/ --  Ribbon Communications Inc. (Nasdaq: RBBN), a global provider of real time communications technology and IP optical networking solutions to many of the world's largest service providers, enterprises, and critical infrastructure operators to modernize and protect their networks, today announced that Blueline, a provider of internet, voice and television services throughout Madagascar, has selected Ribbon's Apollo Optical Networking solution to upgrade the bandwidth capacity of its communications network. "We needed to quickly expand our bandwidth capabilities in several key cities and had unique requirements for housing critical optical equipment along some very challenging terrain in our coverage area," said Damien de Lamberterie, General Manager.

Blueline Madagascar Selects Ribbon's Optical Transport Solution to Deliver Increased Capacity Across its Communications Network

Delivers flexible engagement models and market leading, cloud-centric solutions for the Channel PLANO, Texas , May 16, 2022 /PRNewswire/ -- Ribbon Communications Inc. (Nasdaq: RBBN), a global provider of real time communications technology and IP optical networking solutions to many of the world's largest service providers, enterprises, and critical infrastructure operators to modernize and protect their networks, today announced that its Partner Program has achieved a prestigious 5-Star rating in the 2022 Partner Program Guide from CRN®, a brand of The Channel Company.  "Our partners are the lynchpin of our enterprise strategy -- whether it's protecting contact center deployments from denial of service attacks, enabling enterprises to move from premises PBXs to Microsoft Teams and Zoom, or helping regulated industries transition their legacy systems to the cloud, partners provide the people and local expertise to execute," said Dave Hogan, Vice President Growth Segments at Ribbon.

Ribbon's Partner Program Receives 5-Star Rating in CRN® 2022 Partner Program Guide

Ribbon's cloud-based SBCs combine with Colt's voice and data networks to deliver enterprises a complete, secure Microsoft Teams communications experience PLANO, Texas , May 12, 2022 /PRNewswire/ --  Ribbon Communications Inc.  (Nasdaq: RBBN), a global provider of real time communications software and IP Optical networking solutions to service providers, enterprises, and critical infrastructure sectors, today announced that Colt Technology Services  has deployed Ribbon's Microsoft-certified Session Border Controllers (SBCs) as part of its new Colt Intelligent Communications (CIC) with Cloud Session Border Controller offering across Japan. CIC  is an enterprise solution integrating the power of Microsoft's cloud productivity applications with Colt's voice and data networks to securely deliver superior collaboration experiences and business communications services.

Colt Deploys Ribbon's Microsoft-Certified Session Border Controllers to Power its New Intelligent Communications Offering

New Optical Transport Network enables one of Europe's largest railway companies to quickly scale to meet growing bandwidth demands, improve operational efficiencies, and enhance network reliability PLANO, Texas , May 9, 2022 /PRNewswire/ --  Ribbon Communications Inc.  (Nasdaq: RBBN), a global provider of real time communications technology and IP optical networking solutions to many of the world's largest service providers, enterprises, and critical infrastructure operators to modernize and protect their networks, today announced that its longtime partner Kontron Transportation has been awarded the Transilien SNCF Voyageurs  Optical Transport Network (OTN) project to upgrade SNCF's communications network. The project involves replacing obsolete WDM (Wavelength Division Multiplexing) equipment in the Paris region with Ribbon's next-generation WDM, including OTN switching technology, part of its IP Wave  portfolio.

Ribbon Partners with Kontron Transportation to Upgrade SNCF Voyageurs Optical Communications Network

Ribbon Communications Inc. (NASDAQ:RBBN ) Q1 2022 Earnings Conference Call April 27, 2022 4:30 PM ET Company Participants Bita Milanian - SVP, Marketing Bruce McClelland - CEO Mick Lopez - CFO Conference Call Participants Paul Silverstein - Cowen Tim Savageaux - Northland Capital Markets Dave Kang - B. Riley Operator Greetings.

Ribbon Communications Inc. (RBBN) CEO Bruce McClelland on Q1 2022 Results - Earnings Call Transcript

Ribbon Communications (RBBN) delivered earnings and revenue surprises of 0% and 0.41%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Ribbon Communications (RBBN) Reports Q1 Loss, Tops Revenue Estimates

North American IP Optical Networks Sales Up 190% YOY Projecting Strong Q2 Sequential Total Company Revenue Growth PLANO, Texas , April 27, 2022 /PRNewswire/ -- Ribbon Communications Inc. (Nasdaq: RBBN), a global provider of real time communications technology and IP optical networking solutions to many of the world's largest service providers, enterprises, and critical infrastructure operators to modernize and protect their networks, today announced its financial results for the first quarter of 2022. Revenue for the first quarter of 2022 was $173 million, compared to $193 million for the first quarter of 2021.

Ribbon Communications Inc. Reports First Quarter 2022 Financial Results

Microsoft Operator Connect Accelerator leverages enhanced Ribbon Connect service to enable communications service providers to strengthen their telecom offerings for Microsoft Teams PLANO, Texas , April 19, 2022 /PRNewswire/ -- Ribbon Communications Inc.  (Nasdaq: RBBN), a global provider of real time communications software and IP Optical networking solutions to service providers, enterprises, and critical infrastructure sectors, today announced that Ribbon is an ecosystem partner supporting Microsoft's new Operator Connect Accelerator  for Microsoft Teams. Ribbon is extending its multi-tenant, software as a service (SaaS) solution, Ribbon Connect for Operator Connect , to support service provider deployments of Operator Connect.

Ribbon Partners with Microsoft to Enable Service Providers to Automate and Accelerate Microsoft Operator Connect Deployments

PLANO, Texas , April 13, 2022 /PRNewswire/ --  Ribbon Communications Inc. (Nasdaq: RBBN), a global provider of real time communications software and IP optical transport solutions to service providers, enterprises, and critical infrastructure sectors, today announced that it will report financial results for the first quarter of 2022 after the close of the market on Wednesday, April 27, 2022 . Following the release, Ribbon Communications will host a conference call with the financial community at 4:30 p.m.

Ribbon Communications to Report First Quarter 2022 Financial Results on April 27, 2022

Extensive portfolio enables Ribbon partners to deliver secure cloud migrations to rapidly growing UC platforms like Microsoft Teams and Zoom, while mitigating fraud and robocalls  PLANO, Texas , April 11, 2022 /PRNewswire/ --  Ribbon Communications Inc. (Nasdaq: RBBN), a global provider of real time communications software and IP Optical networking solutions to service providers, enterprises, and critical infrastructure sectors, today announced that it will be demonstrating key solutions at the Channel Partners Conference & Expo , April 11-14, in Las Vegas. "Hybrid work is completely changing the basic tenets of business communications, and that will be on full display during this year's Channel Partners Conference," said Dave Hogan, Vice President Growth Segments at Ribbon.

Ribbon Showcases Comprehensive Solutions Portfolio for Enabling Secure Hybrid Work Environments at Channel Partners Conference & Expo

Leading Microsoft Gold Partner leverages Ribbon's best-in-class Direct Routing solution to deliver Microsoft Phone System services to support growing hybrid work trend PLANO, Texas and ORLANDO, Fla. , March 21, 2022 /PRNewswire/ -- Ribbon Communications Inc. (Nasdaq: RBBN), a global provider of real time communications software and IP Optical networking solutions to service providers, enterprises, and critical infrastructure sectors, today announced that it has strengthened its longstanding partnership with Continuant , a leading managed services company, by enabling key vertical industries to seamlessly transition to cloud-based Microsoft Teams Phone System capabilities for complete communications services.

Ribbon and Continuant Strengthen Partnership by Enabling Cloud Migrations to Microsoft Teams Communications Solutions

Featured demonstrations include certified solutions for Microsoft Teams, Zoom Phone and cloud contact center migrations PLANO, Texas and ORLANDO, Fla., March 17, 2022 /PRNewswire/ --  Ribbon Communications Inc. (Nasdaq: RBBN), a global provider of real time communications software and IP Optical networking solutions to service providers, enterprises, and critical infrastructure sectors, today announced that it would be exhibiting both in-person and virtually at Enterprise Connect , taking place March 21-23 in Orlando.

Ribbon Showcases Comprehensive Communications and Data Network Transformation Portfolio at Enterprise Connect

Solution leverages Ribbon's virtualized, container-ready solution, delivered by Odine, for expanded interconnect capacity, flexibility, and automation PLANO, Texas, March 2, 2022 /PRNewswire/ --  Ribbon Communications Inc. (Nasdaq: RBBN), a global provider of real time communications software and IP optical networking solutions to service providers, enterprises, and critical infrastructure sectors, today announced that it has partnered with Odine, a leading virtualized and containerized infrastructure and solution integrator, to enable next-generation voice interconnect services for Turkish converged telecommunication and technology services provider Turkcell. "Virtualization and cloudification of existing services is a foundational step in our digitalization journey and also helps us lower costs and simplify operations through centralized management while enabling real-time resource allocation," said Dr. Gediz Sezgin, Turkcell's Chief Technology Officer.

Turkcell Selects Ribbon and Odine to Virtualize Voice Interconnect Services

OAKLAND, Calif.--(BUSINESS WIRE)---- $RBBN #RBBN--Gibbs Law Group is investigating potential claims on behalf of Ribbon Communications investors.

Lost Money in Ribbon Communications Inc.?

Investors were prepared for all the numbers in the quarterly report except for one.

Here's Why Ribbon Communications Stock Hit a 52-Week Low Today

Ribbon Communications Inc. (RBBN) CEO Bruce McClelland on Q4 2021 Results - Earnings Call Transcript

Ribbon Communications (RBBN) delivered earnings and revenue surprises of -87.50% and 0.05%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Ribbon Communications (RBBN) Q4 Earnings and Revenues Miss Estimates

PLANO, Texas, Feb. 16, 2022 /PRNewswire/ -- Ribbon Communications Inc.  (Nasdaq: RBBN), a global provider of real-time communications software and IP optical transport solutions to service providers, enterprises, and critical infrastructure sectors, today announced its financial results for the fourth quarter and full year 2021. Revenue for the fourth quarter of 2021 was $231 million, compared to $244 million for the fourth quarter of 2020.

Ribbon Communications Inc. Reports Fourth Quarter and Full Year 2021 Financial Results

BENGALURU, India and PLANO, Texas, Feb. 16, 2022 /PRNewswire/ --  Ribbon Communications Inc.  (Nasdaq: RBBN), a global provider of real time communications software and IP optical networking solutions to service providers, enterprises, and critical infrastructure sectors, today announced that it is collaborating with Infosys , a global leader in next-generation digital services and consulting, to deliver an integrated IT Managed Services offering to global enterprises. The integrated solution enables global enterprises to seamlessly migrate from legacy on-premise PBX communications systems to Microsoft Teams Phone System Direct Routing  in all geographic regions.

Ribbon Delivers Integrated IT Managed Services Offering to Global Enterprises

PLANO, Texas and TORONTO, Feb. 15, 2022 /PRNewswire/ --  Beanfield Metroconnect , owner and operator of the largest independent fibre-optic network in Toronto and Montreal, and  Ribbon Communications Inc. (Nasdaq: RBBN), a global provider of real time communications software and IP Optical networking solutions to service providers, enterprises, and critical infrastructure sectors, today announced that Beanfield is the first Canadian communications service provider to deploy Ribbon Connect for Microsoft Teams Direct Routing . The service enables Beanfield to quickly extend its Hosted Voice offerings by providing its customers with an easy way to integrate office phone system capabilities into Microsoft Teams.

Beanfield Metroconnect Selects Ribbon Connect to Expand Hosted Voice Offerings and Quickly Deliver Microsoft Teams Phone System Capabilities to Business Customers

MuseTM Network Planner enables service providers to maximize network ROI while delivering peak performance PLANO, TX, Feb. 15, 2022 /PRNewswire/ --  Ribbon Communications Inc. (Nasdaq: RBBN), a global provider of real time communications software and IP optical networking solutions to service providers, enterprises, and critical infrastructure sectors, today announced that its Muse Network Planner (MNP), a key application of Ribbon's cloud-native Muse SDN Orchestrator, was recognized as a high scorer in the 2022 Lightwave Innovation Reviews by an esteemed and experienced panel of judges from the optical communications community. "Service providers are increasingly challenged to extract value from their networks and Muse Network Planner, with its multilayer algorithmic engine, is proven to help them exceed previous optimization efforts," said Sam Bucci, Ribbon's EVP & General Manager, IP Optical Networks Business Unit.

News for Ribbon Communications Stock (RBBN)