Ribbon Communications Stock Price, News & Analysis

Ribbon Communications (Nasdaq: RBBN) announced the upcoming Global Day of Service – Ribbon Day, set for the week of October 17. Employees worldwide can engage in volunteer activities, reflecting the company's commitment to community support. Initiatives include partnerships with organizations like Make-A-Wish Israel, where Ribbon has contributed over 40,000 shekels in past years. Despite COVID-19 restrictions altering traditional events, the company continues to support children's wishes. For ongoing updates, follow #RBBNDay.

Ribbon Communications (Nasdaq: RBBN) is set to report its third-quarter 2021 financial results on October 27, 2021, after market close. A conference call with the financial community will be held the same day at 4:30 p.m. ET. Investors can access a live webcast through the company's website, with a replay available post-call until November 10, 2021. Ribbon specializes in real-time communications software and IP optical transport solutions for various sectors.

Ribbon Communications (Nasdaq: RBBN) enhances its support for Microsoft's Operator Connect service for Teams by introducing Professional Services capabilities. This new offering allows service providers to streamline the integration process with Operator Connect API, configuration, and provisioning support. Ribbon's Direct Routing certified Session Border Controllers (SBCs) are integral in reducing time-to-market for service providers. Ribbon's extensive experience with Microsoft tools positions it to assist carriers effectively, ensuring reliable connectivity between Teams and the PSTN.

Ribbon Communications (Nasdaq: RBBN) announced its participation in the Jefferies Virtual Software Conference on September 14-15, 2021. The presentation will be led by Bruce McClelland, President and CEO, and Mick Lopez, CFO, scheduled for 2:30 PM Eastern Time on September 14. Investors can access the live webcast and archived replay on the company's Investor Relations page. Ribbon emphasizes its focus on delivering real-time communication software and IP optical transport solutions to key sectors globally.

Ribbon Communications (Nasdaq: RBBN) has announced an expanded partnership with KGPCo, allowing KGPCo to resell Ribbon's full portfolio of Cloud & Edge and IP Optical solutions. This collaboration aims to enhance both organizations' capabilities, facilitating the modernization of service providers' networks. KGPCo's services organization will receive training on Ribbon's implementation services, fostering joint customer successes in the IP Optical business, particularly in tier-two and tier-three markets. The partnership reflects ongoing growth in demand for high-bandwidth applications.

Ribbon Communications Inc. (Nasdaq: RBBN) has announced that Tbaytel, Canada's largest independently owned telecommunications provider, is implementing key components from Ribbon's voice core solutions to modernize its communications network. The deployment includes the Virtual C20 Call Controller, G6 Media Gateway, Diameter Signaling Controller, Policy and Routing Server, and STIR/SHAKEN solutions. This modernization aims to enhance voice services while reducing operational costs significantly. Tbaytel's decision follows a successful proof of concept, highlighting Ribbon's strong service capabilities.

Ribbon Communications (Nasdaq: RBBN), a leader in real-time communications software and IP optical transport solutions, will present at the Oppenheimer 24th Annual Technology, Internet and Communications Conference from August 9-11, 2021. Key executives, including Bruce McClelland and Mick Lopez, will speak at 9:55 am Eastern Time on August 11. The presentation will be available via a live webcast, with a replay accessible on the company’s Investor Relations website.

Ribbon Communications (RBBN) reported robust financial results for Q2 2021, with revenue of $211 million, marking a slight increase from $210 million in Q2 2020. Adjusted EBITDA surged by 60% year-over-year, while non-GAAP diluted EPS rose 133% to $0.17. The company noted a 10% revenue growth in the first half of 2021 compared to 2020, driven by significant IP Optical wins with major clients. However, sales in India were affected by COVID-19 disruptions. The outlook for Q3 2021 anticipates revenue between $215 million and $225 million, maintaining full-year earnings guidance of $0.49 to $0.54 per share.

Ribbon Communications (Nasdaq: RBBN) announced that Rogers Communications has selected its optical networking solutions to upgrade its transport network, marking a significant step for the company. This deployment utilizes 400G ZR+ technology, enabling Rogers to modernize its network while enhancing capacity and performance. The partnership emphasizes reducing costs and power consumption through innovative technology. Ribbon's Apollo and MUSE platforms will facilitate efficient service creation and network optimization, helping Rogers maintain its leadership in 5G services across Canada.