Ribbon Communications Stock (NASDAQ:RBBN)


ForecastRevenueOwnershipFinancialsChartTranscripts

Previous Close

$3.83

52W Range

$2.03 - $4.31

50D Avg

$3.43

200D Avg

$3.21

Market Cap

$678.74M

Avg Vol (3M)

$276.53K

Beta

1.09

Div Yield

-

RBBN Company Profile


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; and 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. It also offers session border controller and network transformation products. This segment serves private, public, or hybrid cloud infrastructures, as well as data centers, enterprise premises, and service provider networks. It also provides multiple solutions for VoIP, VoLTE, VoNR, and UC&C in network, on-premises, or via the telco cloud. The IP Optical Networks segment provides hardware and software solutions for IP networking, switching, routing, and optical transport to support and enable technologies, such as 5G, distributed cloud computing, and corresponding applications. It also offers multiple solutions, including 5G-native solutions for mobile-backhaul, metro and edge aggregation, core networking, data center interconnect, legacy NTR, and transport solutions for wholesale carriers. This segment serves utilities, government, defense, finance, transportation, and education and research industries, as well as service providers and enterprises. It also provides advanced analytics solutions and next generation products that provides cloud-native and streaming analytics platform for networks and subscribers. The company was formerly known as Sonus Networks, Inc. and changed its name to Ribbon Communications Inc. in November 2017. Ribbon Communications Inc. was founded in 1997 and is headquartered in Plano, Texas.

Show More

Industry

Telecommunications Services

Sector

Communication Services

Exchange

NASDAQ

ADR

-

Country

US

Employees

3,107

IPO Date

May 25, 2000

Website

RBBN Performance


Revenue Breakdown


Revenue Breakdown by Product/Service

Product/ServiceDec 23Dec 22Dec 21
Product$445.15M$317.02M$341.55M
Service$381.19M$377.08M$391.92M
Service Revenue, Maintenance$279.65M--

Fiscal year ends in Dec 23 | Currency in USD

RBBN Financial Summary


Dec 23Dec 22Dec 21
Revenue$826.34M$819.76M$844.96M
Operating Income$-3.60M$-75.70M$-57.03M
Net Income$-66.21M$-98.08M$-177.19M
EBITDA$67.40M$783.00K$26.56M
Basic EPS$-0.39$-0.63$-1.20
Diluted EPS$-0.39$-0.63$-1.20

Fiscal year ends in Dec 23 | Currency in USD

Latest Earnings Call Transcripts


Q3 24Oct 23, 24 | 8:11 PM
Q2 24Jul 24, 24 | 11:32 PM
Q1 24Apr 24, 24 | 12:00 AM

Peer Comparison


TickerCompany
SHENShenandoah Telecommunications Company
OOMAOoma, Inc.
RDCMRADCOM Ltd.
LBRDALiberty Broadband Corporation
ATEXAnterix Inc.
TLKPerusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk
SKMSK Telecom Co.,Ltd
CABOCable One, Inc.
ATNIATN International, Inc.
KOREKORE Group Holdings, Inc.
KTKT Corporation
CCOICogent Communications Holdings, Inc.
LBTYALiberty Global plc
CNSLConsolidated Communications Holdings, Inc.