RBBN Stock - Ribbon Communications Inc.
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Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $833.88M | $826.34M | $819.76M | $844.96M | $843.79M |
| Gross Profit | $439.51M | $379.48M | $400.94M | $444.66M | $450.82M |
| Gross Margin | 52.7% | 45.9% | 48.9% | 52.6% | 53.4% |
| Operating Income | $16.87M | $-3,600,000 | $-48,324,000 | $-117,796,000 | $1.67M |
| Net Income | $-54,235,000 | $-66,206,000 | $-98,083,000 | $-177,185,000 | $88.59M |
| Net Margin | -6.5% | -8.0% | -12.0% | -21.0% | 10.5% |
| EPS | $-0.31 | $-0.39 | $-0.63 | $-1.20 | $0.64 |
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.
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Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| July 11th 2024 | Rosenblatt | Initiation | Buy | $5 |
| April 29th 2024 | JMP Securities | Resumed | Mkt Outperform | $6 |
| July 19th 2023 | Craig Hallum | Initiation | Buy | $5.5 |
| April 10th 2023 | JMP Securities | Initiation | Mkt Outperform | $6 |
Earnings History & Surprises
RBBNEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | Apr 27, 2026 | — | — | — | — |
Q1 2026 | Feb 11, 2026 | $0.11 | — | — | — |
Q4 2025 | Oct 22, 2025 | $0.06 | $0.04 | -33.3% | ✗ MISS |
Q3 2025 | Jul 23, 2025 | $0.05 | $0.05 | 0.0% | = MET |
Q2 2025 | Apr 29, 2025 | $0.01 | $-0.03 | -400.0% | ✗ MISS |
Q1 2025 | Feb 12, 2025 | $0.13 | $0.16 | +23.1% | ✓ BEAT |
Q4 2024 | Oct 23, 2024 | $0.05 | $0.05 | 0.0% | = MET |
Q3 2024 | Jul 24, 2024 | $0.05 | $0.05 | +4.2% | ✓ BEAT |
Q2 2024 | Apr 24, 2024 | $-0.01 | $-0.01 | -100.0% | ✗ MISS |
Q1 2024 | Feb 14, 2024 | $0.13 | $0.12 | -7.7% | ✗ MISS |
Q4 2023 | Oct 25, 2023 | $0.07 | $0.05 | -28.6% | ✗ MISS |
Q3 2023 | Jul 26, 2023 | $0.04 | $0.04 | +5.3% | ✓ BEAT |
Q2 2023 | Apr 26, 2023 | $-0.05 | $-0.02 | +60.0% | ✓ BEAT |
Q1 2023 | Feb 15, 2023 | $0.00 | $0.09 | +1900.0% | ✓ BEAT |
Q4 2022 | Oct 26, 2022 | $0.06 | $0.02 | -66.7% | ✗ MISS |
Q3 2022 | Jul 27, 2022 | $0.04 | $0.06 | +63.6% | ✓ BEAT |
Q2 2022 | Apr 27, 2022 | $-0.08 | $-0.08 | 0.0% | = MET |
Q1 2022 | Feb 16, 2022 | $0.08 | $0.01 | -87.5% | ✗ MISS |
Q4 2021 | Oct 27, 2021 | $0.12 | $0.11 | -8.3% | ✗ MISS |
Q3 2021 | Jul 28, 2021 | $0.10 | $0.17 | +70.0% | ✓ BEAT |
Latest News
Ribbon Communications Partners With Techland To Upgrade Nasstar's National Voice Infrastructure
📈 PositiveRibbon Communications shares are trading lower. The company recently reported worse-than-expected Q3 financial results and issued Q4 sales guidance below estimates.
📉 NegativeRosenblatt Maintains Buy on Ribbon Communications, Maintains $6 Price Target
📈 PositiveRibbon Communications Lowers FY2025 Sales Guidance from $870.000M-$890.000M to $847.000M-$867.000M vs $876.867M Est
📉 NegativeRibbon Communications shares are trading lower after the company reported worse-than-expected Q3 financial results and issued Q4 sales guidance below estimates.
📉 NegativeRibbon Communications Sees Q4 Sales $230.000M-$250.000M vs $254.968M Est
📉 NegativeRibbon Comms Q3 Adj. EPS $0.04 Misses $0.06 Estimate, Sales $215.000M Miss $220.042M Estimate
📉 NegativeRosenblatt Maintains Buy on Ribbon Communications, Maintains $6 Price Target
📈 PositiveRibbon Communications Selected By NGN To Modernize And Expand Its Optical Network
📈 PositiveRibbon Expands Portfolio Of Joint Interoperability Test Command Certified Solutions
📈 PositiveFrequently Asked Questions about RBBN
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