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Ribbon Communications Inc. - $RBBN STOCK NEWS

Welcome to our dedicated page for Ribbon Communications news (Ticker: $RBBN), a resource for investors and traders seeking the latest updates and insights on Ribbon Communications stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Ribbon Communications's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Ribbon Communications's position in the market.

News
Ribbon and SURF Achieve Interoperable 2x400GbE Transport via Single 800G Wavelength over Brownfield 1,650km Amsterdam-Geneva Link
Rhea-AI Summary

Ribbon Communications Inc. and SURF have successfully achieved 800G over an 1,650 km fiber optic link, enabling data-intensive research between research institutes and the Large Hadron Collider. The trial showcased Ribbon's advanced transport solutions, including the Apollo TM800_2 and NPT 2400 metro router.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.96%
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none
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News
Ribbon Communications Inc. Reports First Quarter 2024 Financial Results
Rhea-AI Summary
Ribbon Communications Inc. reported its first quarter 2024 financial results, showing significant profitability improvement with over 700 basis points increase in Gross Margin. The company's revenue for the first quarter was $180 million, compared to $186 million for the same period last year. GAAP Loss from Operations improved by $22 million year over year, and Non-GAAP Adjusted EBITDA improved by $14 million to $12 million. Both GAAP and Non-GAAP Gross Margin saw an improvement of over 700 basis points year over year. The company's President and CEO, Bruce McClelland, expressed satisfaction with the profitability improvement, highlighting strong sales in the EMEA region and growth in the IP Optical Networks segment. Despite a decline in Cloud & Edge sales, the company is optimistic about future growth opportunities, including a multi-year Verizon Network Modernization program.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
26.46%
Tags
earnings
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News
Ribbon Selected to Provide Advanced Voice Network Platform and Services for Verizon
Rhea-AI Summary
Ribbon Communications Inc. (Nasdaq: RBBN) has been selected by Verizon for a major network modernization program to replace legacy TDM switching platforms with modern cloud-based technologies. This multi-year program aims to improve cost efficiencies, technology advancements, and environmental benefits. Verizon will leverage Ribbon's Voice Products to consolidate and replace equipment with energy-efficient, software-centric platforms, enhancing service quality and reliability. The partnership seeks to reduce operational expenses and focus on innovation for both consumer and business customers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
26.46%
Tags
none
News
Ribbon Communications Announces Time Change for Reporting First Quarter 2024 Financial Results
Rhea-AI Summary
Ribbon Communications Inc. (Nasdaq: RBBN) has rescheduled the reporting of its first quarter 2024 financial results and conference call to April 24, 2024, at 8:30 a.m. ET. The company will provide a live webcast of the call on its investor website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.53%
Tags
earnings
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News
Ribbon Communications to Report First Quarter 2024 Financial Results on April 24, 2024
Rhea-AI Summary
Ribbon Communications Inc. (Nasdaq: RBBN) will report Q1 2024 financial results on April 24, 2024. The company serves major service providers and enterprises with real-time communications and networking solutions. A conference call will be held to discuss the results, with a webcast available for investors.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.79%
Tags
conferences earnings
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News
Ribbon and Cisco Demonstrate 1.2 Tbps Interoperability at OFC 2024
Rhea-AI Summary
Ribbon Communications Inc. achieves interoperability of 1.2T optical transmission with Cisco, showcasing a new era of multivendor ecosystem for high-speed optical transmission.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.84%
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none
News
Ribbon Named to Newsweek's Greatest Workplaces for Women 2024
Rhea-AI Summary
Ribbon Communications Inc. has been recognized as one of America's Greatest Workplaces for Women 2024 by Newsweek and Plant-A Insights Group. The company's commitment to creating a supportive environment for women is evident through various initiatives and programs aimed at promoting inclusivity and leadership development. This recognition showcases Ribbon's dedication to gender equality and highlights its innovative approach to fostering a positive work culture.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.27%
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none
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News
Ribbon Communications Inc. Reports Fourth Quarter and Full Year 2023 Financial Results
Rhea-AI Summary
Ribbon Communications Inc. (Nasdaq: RBBN) reports strong 2023 earnings growth with revenue reaching $826 million, a $6 million increase from 2022. The company achieved profitability in the IP Optical Networks segment for the second half of the year, with sales exceeding $100 million in the fourth quarter. Adjusted non-GAAP EBITDA improved by $27 million to $91 million, showcasing a 41% increase compared to 2022.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.19%
Tags
earnings
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News
Ribbon's IP Optical Solutions Selected by American Electric Power for Supply Chain Reliability and Enhanced Network Capabilities
Rhea-AI Summary
Ribbon Communications Inc. announces a partnership with American Electric Power to provide IP and Optical products to support AEP's critical communications needs. The agreement emphasizes the importance of fast delivery and targeted solutions in the utilities sector. Ribbon's solutions aim to help AEP digitize their assets, meet regulatory and security mandates, reduce carbon emissions, and improve maintenance, safety, and security.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.32%
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none
News
Ribbon Communications to Report Fourth Quarter and Full Year 2023 Financial Results on February 14, 2024
Rhea-AI Summary
Ribbon Communications Inc. (RBBN) to report financial results for Q4 and full year of 2023 on February 14, 2024. The company will host a conference call to discuss the results and offer a live webcast. Details for the call and replay are provided in the press release.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.61%
Tags
conferences earnings
Stock RBBN logo
Ribbon Communications Inc.

Nasdaq:RBBN

RBBN Rankings

#2919 Ranked by Market Cap
#3422 Ranked by Stock Gains
N/A Ranked by Dividends

RBBN Stock Data

547.50M
89.54M
18.02%
72.63%
2.05%
Computer Systems Design Services
Professional, Scientific, and Technical Services
Link
United States of America
PLANO

About RBBN

ribbon communications (nasdaq: rbbn) delivers communications software, ip and optical networking solutions to service providers, enterprises and critical infrastructure sectors globally. we engage deeply with our customers, helping them modernize their networks for improved competitive positioning and business outcomes in today's smart, always-on and data-hungry world. our innovative, end-to-end solutions portfolio delivers unparalleled scale, performance, and agility, including core to edge software-centric solutions, cloud-native offers, leading-edge security and analytics tools, along with ip and optical networking solutions for 5g. to learn more about ribbon visit rbbn.com.