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.

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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.

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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 offers secure and reliable software and hardware products, solutions, and services for enabling Voice over Internet Protocol communications, Voice over Long-Term Evolution and Voice Over 5G communications, and Unified Communications and Collaboration within service provider and enterprise networks and from the cloud. The IP Optical Networks segment secures 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.

Winning solution includes extensive network staging services and high-touch post-sales support PLANO, Texas , Oct. 20, 2023 /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 Shawnee Communications, which serves residents and businesses in rural communities in Southern & Central Illinois with modern communications technology, has selected Ribbon's NPT IP Routing solution for broadband aggregation. "Ribbon has been a trusted partner for many years, supporting us with state of the art voice solutions, and leveraging their expertise for broadband aggregation was a natural fit," said Ben McCameron, General Manager, Shawnee Communications.

Ribbon's NPT IP Routing Solution Enables Broadband Aggregation for Shawnee Telephone

PLANO, Texas , Oct. 11, 2023 /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 third quarter of 2023 after the close of the market on Wednesday, October 25, 2023 . Following the release, Ribbon Communications will host a conference call with the financial community at 4:30 p.m.

Ribbon Communications to Report Third Quarter 2023 Financial Results on October 25, 2023

Supports advanced experimentation, technology development, testing and evaluation at leading applied research facility  PLANO, Texas , Sept. 13, 2023 /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 Texas A&M   University  (TAMU) has selected Ribbon's NPT   IP Routing  for wireless backhaul on its private 5G research network.

The Texas A&M University System Leverages Ribbon's IP Wave Solutions for its Private 5G Network

Enhances existing relationship with IP and Optical investment PLANO, Texas , Aug. 24, 2023 /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 Empire Access, which has been recognized by PC Mag as Northeast region Best Gaming ISP 2023 and Fastest ISP (All ISPs) 2021 is expanding its network with Ribbon's IP Optical solutions. "Ribbon continues to be the right partner for us," said Joe Gottwald, VP of Network Operations, Empire Access.

Empire Access Selects Ribbon's IP Wave Solutions for Network Expansion

Gains expanded capacity with joint Packet and Optical solution PLANO, Texas, Aug. 23, 2023 /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 HTC , an Illinois-based provider of communications services, is leveraging Ribbon's IP Wave solutions to update its network. "Ribbon has been a trusted partner for many years, supporting us as we strive to provide our customers with innovative products, fast speeds and state of the art features," said Craig Hern, Vice President of Operations from HTC.

Harrisonville Telephone Company (HTC) Selects Ribbon's IP Wave Solutions for Network Upgrade

Highlights achievements in social and environmental impact, governance and ethical conduct PLANO, Texas, Aug. 22, 2023 /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 the release of its 2022 Sustainability Report , highlighting ongoing progress in executing against its sustainability strategy. "We view sustainability as a cross-functional effort, aimed at making us a better, more resilient company that is easy for stakeholders to engage with," said Patrick Macken, Ribbon's EVP and Chief Legal Officer.

Ribbon Drives Continued Progress in Latest Sustainability Report

Ribbon Communications, Inc. (NASDAQ:RBBN ) Q2 2023 Earnings Conference Call July 26, 2023 4:30 PM ET Company Participants Joni Roberts - Chief Marketing Officer Bruce McClelland - President, CEO & Director Miguel Lopez - EVP & CFO Conference Call Participants Christian Schwab - Craig-Hallam Capital Group Timothy Savageaux - Northland Capital Markets Dave Kang - B. Riley Greg Mesniaeff - WestPark Capital Erik Suppiger - JMP Securities Operator Greetings, and welcome to the Ribbon Communications Second Quarter 2023 Financial Results Conference Call.

Ribbon Communications, Inc. (RBBN) Q2 2023 Earnings Call Transcript

Ribbon Communications (RBBN) came out with quarterly earnings of $0.04 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.06 per share a year ago.

Ribbon Communications (RBBN) Q2 Earnings Meet Estimates

IP Optical Networks Sales up 24% and Enterprise up 65% Year Over Year PLANO, Texas , July 26, 2023 /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 second quarter of 2023. Revenue for the second quarter of 2023 was $211 million, compared to $206 million for the second quarter of 2022 and $186 million for the first quarter of 2023.

Ribbon Communications Inc. Reports Second Quarter 2023 Financial Results

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Compliant security solution seamlessly integrates with Bandwidth's existing European infrastructure  PLANO, Texas , July 25, 2023 /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 the expansion of its ongoing relationship with Bandwidth, a leading global enterprise cloud communications company. "Ribbon is an important technology partner for us, and we're pleased to expand our longtime collaboration, including leveraging their expertise with STIR/SHAKEN compliance in France," said Scott Mullen, Chief Technology Officer at Bandwidth.

Ribbon's STIR/SHAKEN Solution in France Implemented by Bandwidth as Part of Global Technology Partnership Expansion

Delivers seamless transition from legacy environment to advanced IP services PLANO, Texas , July 19, 2023 /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 Powerlink, the electrical transmission grid operator in the Australian state of Queensland, has selected Ribbon to help modernize its statewide operational network. Part of Australia's National Electricity Market (NEM), Powerlink's network extends 1,700 km (1,055 miles), with 15,000 km (9,300 miles) of transmission lines.

Powerlink Queensland Selects Ribbon's IP Wave Solutions to Transform Operational Network

Ribbon (RBBN) is expanding its clientele with the addition of InfiniVAN, which selected its IP Wave solutions.

Ribbon (RBBN) Expands Clientele With InfiniVAN Addition

Enhances Microsoft Teams adoption for seamless communications PLANO, Texas , July 18, 2023 /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 Beanfield is leveraging Ribbon Connect for Operator Connect to facilitate and enhance its deployment of Operator Connect for Microsoft Teams. "Our business customers are increasingly adding telecom services to their collaboration solutions as they embrace hybrid work models.

Beanfield Simplifies Teams Phone Integration with Ribbon Connect for Operator Connect

High capacity solution delivers increased bandwidth and cost efficiencies  PLANO, Texas , July 17, 2023 /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 been selected by InfiniVAN, the Philippines' leading provider of business internet, to help modernize its nationwide backbone. "Businesses turn to us for high availability, fully redundant, high-capacity connectivity that is on par with the highest global standards," said Mr.

InfiniVAN Selects Ribbon's IP Wave Solutions for High Bandwidth Backbone Across the Philippines

PLANO, Texas , July 12, 2023 /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 2023 after the close of the market on Wednesday, July 26, 2023 . 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 2023 Financial Results on July 26, 2023

Extensive industry experience will enhance company message and global visibility PLANO, Texas , July 10, 2023 /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 industry executive Joni Roberts has been named Chief Marketing Officer, SVP, reporting to Chief Executive Officer Bruce McClelland. Ms. Roberts will run the company's global marketing strategy, marketing organization and investor relations.

Joni Roberts Joins Ribbon as Chief Marketing Officer

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Delivers increased trust by reducing malicious calls PLANO, Texas , June 8, 2023 /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 is providing Unyc , a France- based provider of telecom services to B2B customers, with its STIR/SHAKEN solution. "Our customers rely on us for their business-critical communications, and safeguarding them against telephony-based fraud is key to our success," said Adrien Gilbert, CTO, Unyc.

Ribbon's STIR/SHAKEN Solution Enables Unyc to Fulfill Regulatory Requirements, Protecting Customers from Bad Actors

Recognizes success in reducing greenhouse gas emissions PLANO, Texas , June 5, 2023 /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 been named to USA Today's inaugural list of America's Climate Leaders. . "Sustainability is key part of our mission, and our environmental, social and governance goals are fully integrated into our business strategy," said Patrick Macken, Executive Vice President and Chief Legal Officer, Ribbon.

Ribbon Named to USA Today's America's Climate Leaders 2023 List

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Simplifies and accelerates service providers' support for Zoom Phone's Bring Your Own Carrier (BYOC) solutions PLANO, Texas , May 25, 2023 /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 a major extension to its Ribbon Connect portfolio, Ribbon Connect for Zoom . A multi-tenant, software as a service (SaaS) solution, Ribbon Connect for Zoom enables service providers to rapidly deliver telecom services to Zoom Phone deployments across the globe via Zoom Phone's Provider Exchange.

Ribbon Launches Ribbon Connect for Zoom

Alien wavelengths support increased scale and service offerings PLANO, Texas , May 17, 2023 /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 TLSN, a consortium of 41 rural broadband service providers in Texas, has selected Ribbon to expand capacity in its statewide transport network. "Ribbon is already proving itself to be a very flexible and dependable partner and offers us the services, expertise and flexibility we require," said Mike Miller, General Manager, TLSN.

Texas Lone Star Network Selects Ribbon's IP Wave Solutions to Augment Network Capacity

Update modernizes broadband network to deliver increased capacity and faster internet speeds across Montana PLANO, Texas , May 15, 2023 /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 Triangle Communications , a regional provider of high-quality communications services to customers in Montana, has upgraded its network with Ribbon's IP Optical solutions. "Reliable internet connection is essential for today's business operations and everyday life, which is why we're committed to providing our customers with the best possible service," said Frank Munson, Network Engineering Manager, Triangle Communications.

Triangle Communications Upgrades and Expands Broadband Network with Ribbon's IP Wave Solutions

The heavy selling pressure might have exhausted for Ribbon Communications (RBBN) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.

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