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.

Ribbon Communications, Inc. (RBBN) Q1 2023 Earnings Call Transcript.

Ribbon Communications, Inc. (RBBN) Q1 2023 Earnings Call Transcript

Ribbon Communications (RBBN) came out with a quarterly loss of $0.02 per share versus the Zacks Consensus Estimate of a loss of $0.05. This compares to loss of $0.08 per share a year ago.

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

7% Revenue Growth Year Over Year IP Optical Networks Sales up 13% and Cloud & Edge Enterprise up 62%   Continued Strong Bookings Momentum PLANO, Texas , April 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 first quarter of 2023. Revenue for the first quarter of 2023 was $186 million, compared to $173 million for the first quarter of 2022.

Ribbon Communications Inc. Reports First Quarter 2023 Financial Results

Partnerships will enable Legos to de-risk and meet with French regulatory requirements ahead of July 2023 deadline PLANO, Texas , April 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 that European fixed and mobile telephony operator Legos ( Local Exchange Global Operations Services), has selected Ribbon's  STIR/SHAKEN  solution, to ensure compliance with the MAN (Mécanisme d'Authentification des Numéros) Project conducted by the regulator ARCEP. Through this deployment, Legos customers are expected to benefit from increased call trust and a drastic reduction in malicious calls, helping to safeguard them against telephony-based fraud.

Legos Selects Ribbon to Implement STIR/SHAKEN Solution to Safeguard Customers Against Telephony Fraud and Comply with French Regulation

Optimized, automated, and open solutions deliver exponentially greater network bandwidth, resolving bandwidth exhaustion issues PLANO, Texas , April 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 that Valley Telecommunications, a South Dakota provider of telephone, Internet and television services, has selected Ribbon to upgrade its network and provide a tenfold increase in bandwidth for local residents and businesses. "Valley Telecommunications is dedicated to providing the best possible experience to our customers," said Jeff Symens, CEO and General Manager, Valley Telecommunications.

Valley Telecommunications Leverages Ribbon's IP Wave Solutions to Deliver High-Speed Broadband to its Customers

Cloud-based solution offers frictionless Direct Routing based deployments for businesses of any size PLANO, Texas , April 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 help protect their networks today announced that kölbi Negocios, a Costa Rica based Grupo ICE company that offers cutting-edge electricity and telecommunications solutions, has deployed Ribbon Connect for Microsoft Teams Direct Routing. "Today's companies must contend with new ways of working that require access to flexible and comprehensive collaboration solutions.

kölbi Negocios Leverages Ribbon Connect to Seamlessly Deliver Microsoft Teams Phone Capabilities for Business Customers

Receives high scores for technical features, reliability and value PLANO, Texas , April 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 it has received a "top provider" score in Metrigy's 2023 Customer Experience MetriStar report on Fraud Prevention. "Positive business outcomes are the most important metric for any product, and with more than 100 customers already leveraging our fraud prevention solutions, we're thrilled to receive this real-world recognition," said Sam Bucci, Ribbon's Chief Operating Officer.

Ribbon Receives Metrigy's "MetriStar Top Provider 2023" Award in Fraud Prevention Category

Expands access to Ribbon SBCs, SaaS offering, and Ribbon Connect for Microsoft Teams Direct Routing in dynamic market PLANO, Texas , April 18, 2023 /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 appointed Unified Communications (UC) systems integrator JCS Co., Ltd. as a partner and distributor in South Korea.

Ribbon Appoints JCS Co., Ltd. as Channel Partner and Distributor in South Korea

Flexible, high-performance offer supports service providers' need for increased network ROI PLANO, Texas , April 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 help protect their networks today announced that it is exhibiting its advanced IP Optical solutions at MPLS SD & AI NET 2023. "Our customers are facing network challenges every day and we look forward to demonstrating how our agile, automated and open solutions help them address these issues and maximize their networks' value and capabilities," said Sam Bucci, Chief Operating Officer from Ribbon.

Ribbon Displays Agile, Open and Automated IP Optical Solutions at MPLS SD & AI Net World Congress

PLANO, Texas , April 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 first quarter of 2023 after the close of the market on Wednesday, April 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 First Quarter 2023 Financial Results on April 26, 2023

PLANO, Texas , March 30, 2023 /PRNewswire/ -- Ribbon Communications Inc. ("Ribbon") (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 completed the previously announced private placement financing of Series A preferred stock and warrants to purchase shares of common stock.   The private placement resulted in gross proceeds of approximately $53.4 million, with participation from Ribbon's three largest stockholders - Neuberger Berman client funds, JPMorgan Chase & Co., and Swarth Investments Ltd.

Ribbon Completes $55 Million Preferred Stock Private Placement Financing

Innovative Cloud Communications Portfolio and IP and Optical Networking Solutions Solve Enterprises' Most Complex Challenges PLANO, Texas , March 27, 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 be showcasing its enterprise focused communications and data networking solutions in Booth 427 at this year's Enterprise Connect. "Communications are the lifeblood of the enterprise, and Ribbon's solutions support key business imperatives including lowering TCO, migrating to the cloud, securing critical communications and building private networks," said Dave Hogan, Vice President Enterprise and Government Sales at Ribbon.

Ribbon Showcases Market Proven Solutions at Enterprise Connect

PLANO, Texas , March 24, 2023 /PRNewswire/ -- Ribbon Communications Inc. ("Ribbon") (Nasdaq: RBBN) today announced that it has priced a private placement financing of Series A preferred stock and warrants to purchase shares of common stock to raise gross proceeds of approximately $53.4 million. Ribbon also announced that it has entered into an amendment to its senior secured credit agreement.

Ribbon Announces $55 Million Preferred Stock Private Placement Financing and Amendment to Credit Facility

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PLANO, Texas , March 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 it does not expect the closing of Silicon Valley Bank (SVB) to have a significant impact on its operations. "As we disclosed in our Form 8-K filing, we withdrew funds on deposit with SVB as of March 9, 2023, and expect customer deposits that were made after that date to be fully available to us, based on the FDIC's statement that all insured depositors will have access to their deposits starting today," said Mick Lopez, EVP and CFO, Ribbon.

Ribbon Expects Minimal Impact from Silicon Valley Bank Closure

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Communication-Network Software providers Frontier (FYBR), Ribbon (RBBN), Weave (WEAV) and Kaleyra (KLR) benefit from the ongoing digitalization efforts, including a shift to cloud computing and the rapid deployment of 5G-based networks.

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Feature rich, simple to deploy solution available in First Half 2023 PLANO, Texas , March 6, 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 launch of its breakthrough Apollo OT9408 platform, a next generation compact modular transport platform. "The Apollo OT9408 platform showcases our continuing innovation and ability to deliver the solutions operators need as they juggle with the competing imperatives of managing growing traffic densities, lowering cost per bit, and providing excellent performance," said Sam Bucci, Ribbon Chief Operating Officer.

Ribbon's Apollo Platform Offers Industry Leading 1.2T Wavelengths and 19.2T Density, Delivering Massive Cost and Performance Benefits

Expands Telco Cloud Portfolio PLANO, Texas , Feb. 27, 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 its Core SBC, PSX and RAMP can now be deployed in a containerized, cloud-native environment. "The adoption rate of telco clouds by service providers is highly varied.

Ribbon Cloud Native Solutions Enable Operators to Simplify Deployment of Telecom Network Services

The company ended 2022 with momentum and offered a bright outlook for the new year.

Why Ribbon Communications Stock Soared Today

Ribbon Communications Inc. (NASDAQ:RBBN ) Q4 2022 Earnings Conference Call February 15, 2023 4:30 PM ET Company Participants Bita Milanian - Senior Vice President, Global Marketing Bruce McClelland - Chief Executive Officer Mick Lopez - Chief Financial Officer Conference Call Participants Tim Savageaux - Northland Capital Markets Greg Mesniaeff - WestPark Capital Dave Kang - B. Riley Erik Suppiger - JMP Securities Operator Greetings, and welcome to the Ribbon Communications Fourth Quarter 2022 Financial Results Conference Call.

Ribbon Communications Inc. (RBBN) Q4 2022 Earnings Call Transcript

Ribbon Communications (RBBN) delivered earnings and revenue surprises of 1,000% and 1.79%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Ribbon Communications (RBBN) Q4 Earnings and Revenues Surpass Estimates

Revenue Grew 13% Sequentially to $234 Million for the Fourth Quarter of 2022 IP Optical Sales Up 17% Year Over Year PLANO, Texas , Feb. 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 its financial results for the fourth quarter and full year 2022. Revenue for the fourth quarter of 2022 was $234 million, compared to $231 million for the fourth quarter of 2021 and $207 million for the third quarter of 2022.

Ribbon Communications Inc. Reports Fourth Quarter and Full Year 2022 Financial Results

Network covers more than 30,000 kilometers of fiber (over 18,000 miles) across North-west India PLANO, Texas , Feb. 14, 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 Bharti Airtel ("Airtel"), India's leading telecommunications services provider, has selected Ribbon to build its new high-speed transport network. This project is based on a disaggregated approach, a critical part of Airtel's modernization strategy that enables them to offer cost optimized 5G mobile backhaul and high-speed enterprise business connectivity throughout Northwestern India.

Bharti Airtel Deploys Ribbon's Apollo Optical Transport Services Platform for Long Haul DWDM Network Expansion

Cloud-based service enables quick deployment of a complete solution for compliance PLANO, Texas , Feb. 9, 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 global digital infrastructure company Colt Technology Services (Colt) has selected Ribbon's STIR/SHAKEN as a Service. STIR/SHAKEN complements Ribbon's services Session Border Controller and Policy & Routing Server which are already in use by Colt to ensure caller identity in compliance with French government mandates.

Ribbon's Comprehensive STIR/SHAKEN Solution Enables Colt to Meet French Market Regulatory Mandates

Comprehensive solution delivers sophisticated analysis, state-of-the-art troubleshooting, monitoring, and automation PLANO, Texas , Feb. 1, 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 Liberty Latin America  has selected Ribbon Analytics in order to gain an in-depth view of its network behavior and enhance its performance. "We're constantly striving to provide our customers with the best experience and Ribbon Analytics offers us a sophisticated toolset to do just that," said Gustavo Marsico, Director of Technology Strategy, Liberty Latin America.

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