Ribbon Communications Stock Price, News & Analysis

Ribbon Communications announced that its Ribbon Call Trust solution won the 2021 Pipeline Innovation Awards in the Assurance category. This award highlights innovations that combat robocalls and fraud attacks, helping service providers secure their operations and revenue. The Ribbon Call Trust solution uses a cloud-hosted Reputation Scoring service to analyze caller identity and mitigate fraudulent activities. Ribbon's cloud-native platform also enhances operational scalability and reliability, ensuring effective integration of data sources.

Ribbon Communications Inc. (Nasdaq: RBBN) announced a partnership with Moratelindo, Indonesia's second-largest broadband provider, to enhance network capacity. This collaboration includes a significant upgrade of the Sumatra backbone to 3.6 Terabits per second and a 280-kilometer subsea link to Singapore with an additional 2 Terabits of capacity. The upgrades enable a 200G network that is 400G-ready, facilitating faster service deployment. This strategic win positions Ribbon advantageously in a rapidly growing communication market.

Ribbon Communications Inc. (Nasdaq: RBBN) has announced an expansion of its distribution agreement with Westcon-Comstor, now covering ten additional countries in the Asia-Pacific region. This move enables enterprises with multi-country operations to streamline services, including a single order process and expedited delivery options. The expansion is timely, given the rising demand for cloud services. Countries involved include Australia, India, Japan, and others, enhancing Ribbon's market presence and operational efficiency in key APAC markets.

Ribbon Communications (Nasdaq: RBBN) announced its participation in the Needham Virtual Security, Networking & Communications Conference from November 15-18. CFO Mick Lopez will present on November 16 at 9:30 AM ET. The presentation will be accessible via a live webcast and archived replay on the company's Investor Relations website.

Ribbon provides real-time communications software and IP optical transport solutions globally, focusing on enhancing network modernization for enterprises and service providers.

Ribbon Communications Inc. (Nasdaq: RBBN) will launch the Ribbon Spotlight virtual event series on November 18. This series aims to showcase advancements in communications software and IP optical transport solutions. Key speakers include Sam Bucci and Tony Scarfo, who will discuss topics such as 'IP WAVE' and transitioning to 'Telco Cloud' for enhanced 5G services. Interested participants can register for the webinars at investors.ribboncommunications.com.

Ribbon Communications Inc. (Nasdaq: RBBN) reported a 3Q 2021 revenue of $210 million, down 9% year-over-year, affected by $9.5 million in supply chain constraints. Non-GAAP diluted EPS rose 29% to $0.11, while Adjusted EBITDA grew 14% year-to-date to $94 million. The company anticipates Q4 revenue of $240 million to $260 million and EPS between $0.13 and $0.17. Despite challenges, Ribbon aims for growth in 2022 driven by IP Optical Networks and 5G expansion.

Ribbon Communications has announced that Dakota Central, an Independent Operating Company in North Dakota, successfully deployed Ribbon's IP Optical portfolio to enhance network capacity and broadband speeds. This upgrade allows Dakota Central to offer new services, including 5G backhaul, following a competitive evaluation process. The solutions provide the scalability needed for future growth, enabling capacities of up to 200 gigabits. Dakota Central's Chief Network Officer cited Ribbon's solutions as pivotal for delivering next-generation communications services effectively.

Ribbon Communications (Nasdaq: RBBN) announced its partnership with Palestine Telecommunication Company (Paltel) to provide Ribbon Connect for Microsoft Teams Direct Routing. This cloud-based service allows Paltel to integrate voice-calling capabilities into Microsoft Teams, facilitating a fast migration to cloud communications without heavy capital investment. The service features automated deployment that streamlines configuration and scaling, enhancing Paltel’s ability to serve its customers efficiently. Overall, this collaboration supports Paltel's goal of modernizing its telecommunications offerings.