Ribbon Communications Inc. (RBBN)
| Market Cap | 546.70M |
| Revenue (ttm) | 826.34M |
| Net Income (ttm) | -66.21M |
| Shares Out | 172.46M |
| EPS (ttm) | -0.39 |
| PE Ratio | n/a |
| Forward PE | 11.20 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 216,000 |
| Open | 3.250 |
| Previous Close | 3.210 |
| Day's Range | 3.150 - 3.285 |
| 52-Week Range | 1.780 - 3.650 |
| Beta | 1.19 |
| Analysts | Strong Buy |
| Price Target | 6.00 (+89.27%) |
| Earnings Date | Apr 24, 2024 |
About RBBN
Ribbon Communications Inc. provides communications technology in the United States, Europe, the Middle East, Africa, the Asia Pacific, and internationally. It operates through two segments, Cloud and Edge, and IP Optical Networks. The Cloud and Edge segment provides software and hardware products, solutions, and services for voice over internet protocol communications, voice over long-term evolution, and voice over 5G communications, and unified communications and collaboration. It also offers session border controllers; and network transformat... [Read more]
Financial Performance
In 2023, RBBN's revenue was $826.34 million, an increase of 0.80% compared to the previous year's $819.76 million. Losses were -$66.21 million, -32.50% less than in 2022.
Financial StatementsAnalyst Forecast
According to 3 analysts, the average rating for RBBN stock is "Strong Buy." The 12-month stock price forecast is $6.0, which is an increase of 89.27% from the latest price.
News
Ribbon and SURF Achieve Interoperable 2x400GbE Transport via Single 800G Wavelength over Brownfield 1,650km Amsterdam-Geneva Link
Proves optimal transport ability of 140Gbaud transmission, enabling current and future data-intensive research PLANO, Texas, April 29, 2024 /PRNewswire/ -- Ribbon Communications Inc. (Nasdaq: RBBN), ...
Ribbon Communications Inc. Reports First Quarter 2024 Financial Results
Significant profitability improvement with >700 bps increase in Gross Margin Selected by Verizon for multi-year Advanced Voice Network Platform PLANO, Texas , April 24, 2024 /PRNewswire/ -- Ribbon Com...
Ribbon Selected to Provide Advanced Voice Network Platform and Services for Verizon
Multi-year program delivers significant cost efficiencies, technology advancements and environmental benefits PLANO, Texas , April 24, 2024 /PRNewswire/ -- Ribbon Communications Inc. (Nasdaq: RBBN), ...
Ribbon Communications Announces Time Change for Reporting First Quarter 2024 Financial Results
PLANO, Texas , April 17, 2024 /PRNewswire/ -- Ribbon Communications Inc. (Nasdaq: RBBN), a global provider of real time communications technology and IP optical networking solutions to many of the wo...
Ribbon Communications to Report First Quarter 2024 Financial Results on April 24, 2024
PLANO, Texas , April 11, 2024 /PRNewswire/ -- Ribbon Communications Inc. (Nasdaq: RBBN), a global provider of real time communications technology and IP optical networking solutions to many of the wo...
Ribbon and Cisco Demonstrate 1.2 Tbps Interoperability at OFC 2024
First reported display of interoperable multivendor ecosystem for highest commercial transmission speeds available PLANO, Texas , March 19, 2024 /PRNewswire/ -- Ribbon Communications Inc. (Nasdaq: RB...
Levi & Korsinsky, LLP Notifies Shareholders of Ribbon Communications, Inc. (f/k/a Sonus Networks, Inc.) (RBBN) an Upcoming Claims Deadline in a Class Action Settlement
NEW YORK, NY / ACCESSWIRE / March 14, 2024 / Levi & Korsinsky informs shareholders that a settlement has been reached in the pending class action lawsuit against Ribbon Communications, Inc. (f/k/a Son...
Ribbon Named to Newsweek's Greatest Workplaces for Women 2024
Recognizes Ribbon's commitment to creating a workplace where women can thrive PLANO, Texas , Feb. 23, 2024 /PRNewswire/ -- Ribbon Communications Inc. (Nasdaq: RBBN), a global provider of real time com...
Ribbon Communications Inc. Reports Fourth Quarter and Full Year 2023 Financial Results
Ribbon announces strong 2023 earnings growth IP Optical Networks achieves profitability for the second half of the year with strong demand from Service Providers and Critical Infrastructure PLANO, Te...
Ribbon's IP Optical Solutions Selected by American Electric Power for Supply Chain Reliability and Enhanced Network Capabilities
Agreement highlights the value of speedy delivery and targeted solutions PLANO, Texas , Feb. 8, 2024 /PRNewswire/ -- Ribbon Communications Inc. (Nasdaq: RBBN), a global provider of real time communic...
Ribbon Communications to Report Fourth Quarter and Full Year 2023 Financial Results on February 14, 2024
PLANO, Texas , Jan. 31, 2024 /PRNewswire/ -- Ribbon Communications Inc. (Nasdaq: RBBN), a global provider of real time communications technology and IP optical networking solutions to many of the worl...
Ribbon Honored with "Rise and Shine" Award from MTN GSSC - Global Sourcing and Supply Chain
Annual awards celebrate innovation, collaboration and excellence PLANO, Texas , Jan. 25, 2024 /PRNewswire/ -- Ribbon Communications Inc. (Nasdaq: RBBN), a global provider of real time communications t...
Ribbon Recognized in Newsweek's List of America's Most Responsible Companies
Highlights successful execution of key corporate responsibility KPIs PLANO, Texas , Dec. 14, 2023 /PRNewswire/ -- Ribbon Communications Inc. (Nasdaq: RBBN), a global provider of real time communicatio...
Interlink Telecom Selects Ribbon for DCI Solution
Speedy execution highlights commitment to excellence in after sales support, including delivery of equipment and services PLANO, Texas , Dec. 13, 2023 /PRNewswire/ -- Ribbon Communications Inc. (Nasda...
BroadSource Partners with Ribbon to Enhance Credit Card Data Security
Innovative cloud solution enables Payment Card Industry (PCI) compliance with evolving standards for merchants of any size PLANO, Texas , Dec. 12, 2023 /PRNewswire/ -- Ribbon Communications Inc. (Nas...
W3TEL Leverages Ribbon for Network Expansion and Regulatory Compliance
Optimizes infrastructure for ongoing growth PLANO, Texas , Nov. 8, 2023 /PRNewswire/ -- Ribbon Communications Inc. (Nasdaq: RBBN), a global provider of real time communications technology and IP optic...
Ribbon Brings Customers and Industry Experts Together for Second Annual Tech Forum
Program explores the topics impacting today's communications ecosystem PLANO, Texas , Nov. 7, 2023 /PRNewswire/ -- Ribbon Communications Inc. (Nasdaq: RBBN), a global provider of real time communicati...
Ribbon Communications Inc. Reports Third Quarter 2023 Financial Results
Projecting significant improvement in full year company profitability IP Optical Networks Sales up 14% Year to Date – on track to achieve profitability in Fourth Quarter 2023 PLANO, Texas , Oct. 25, ...
1GLOBAL Optimizes Mobile Voice Quality with Ribbon
Ribbon solution ensures secure, high-quality, mobile voice for 1GLOBAL's customers PLANO, Texas , Oct. 23, 2023 /PRNewswire/ -- Ribbon Communications Inc. (Nasdaq: RBBN), a global provider of real ti...
Ribbon's NPT IP Routing Solution Enables Broadband Aggregation for Shawnee Telephone
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 provide...
Ribbon Communications to Report Third Quarter 2023 Financial Results on October 25, 2023
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 worl...
The Texas A&M University System Leverages Ribbon's IP Wave Solutions for its Private 5G Network
Supports advanced experimentation, technology development, testing and evaluation at leading applied research facility PLANO, Texas , Sept. 13, 2023 /PRNewswire/ -- Ribbon Communications Inc. (Nasda...
Empire Access Selects Ribbon's IP Wave Solutions for Network Expansion
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 tec...
Harrisonville Telephone Company (HTC) Selects Ribbon's IP Wave Solutions for Network Upgrade
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 tech...
Ribbon Drives Continued Progress in Latest Sustainability Report
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 ...