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.
Ribbon Communications Inc. reports developments in real-time communications technology, secure cloud communications, IP routing and optical networking for service providers, enterprises, critical infrastructure and defense customers. Recurring updates cover quarterly results, bookings commentary, customer network modernization projects, high-capacity optical routes, and products such as Apollo 9608, Muse and the Acumen AIOps platform.
Company news also includes cloud-native voice communications initiatives, including work with Amazon Web Services, as well as investor conference participation and governance changes. Ribbon’s updates commonly connect demand for 5G, broadband, data center interconnect, private optical networks and autonomous-network automation with its communications software and IP Optical portfolio.
Ribbon Communications (Nasdaq: RBBN) plans to report its second quarter 2022 financial results on July 27, 2022, after market close. A conference call will follow at 4:30 p.m. ET for analysts and investors to discuss the results. The call will be accessible through the company's investor website, with a replay available after the call until August 11, 2022. Ribbon provides real-time communications technology and IP optical networking solutions to service providers and enterprises worldwide.
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Ribbon Communications (Nasdaq: RBBN) has partnered with DSTNY Automate to enhance telecom services for Microsoft Teams users. This collaboration utilizes Ribbon's advanced Session Border Controller and API automation technology to streamline the deployment of Teams telephony services.
Together, they offer the Ribbon Connect service, positioned as a certified Operator Connect Accelerator partner. This alliance aims to help service providers deliver high-quality communication solutions swiftly, capitalizing on growing demand for cloud-based services.
Ribbon Communications (Nasdaq: RBBN) announced that Blueline, a telecommunications provider in Madagascar, has selected its Apollo Optical Networking solution to enhance network capacity. This upgrade aims to improve bandwidth and resiliency for faster delivery of communications services. The Apollo 9600 solution will provide multi-service transport capabilities on a 100G backbone, easily upgradeable to 200G. The customized solution includes specialized outdoor cabinets with battery backup for reliability in challenging terrains, ultimately benefiting Blueline’s operational efficiency and customer service.
Ribbon Communications (Nasdaq: RBBN) announced its Partner Program has received a prestigious 5-Star rating in the 2022 Partner Program Guide by CRN®. This recognition highlights Ribbon's commitment to supporting its partners with robust business models, margins, products, and training needed to succeed. The Partner Program empowers partners to enhance their offerings in cloud-centric solutions and IP optical networking, catering to enterprises transitioning to digital environments. This achievement underscores Ribbon's strategy to maintain strong partner relationships in a rapidly evolving technology landscape.
Ribbon Communications (Nasdaq: RBBN) announced that Colt Technology Services has deployed its Microsoft-certified Session Border Controllers (SBCs) in Japan. This integration forms part of Colt's new Intelligent Communications offering, providing enterprises with a secure Microsoft Teams communication experience. The cloud-based SBCs replace traditional on-premises hardware, allowing for quicker migration to Microsoft Teams without substantial upfront costs. This initiative supports digital transformation for businesses, leveraging Colt's vast network for enhanced communication capabilities.
Ribbon Communications (RBBN) announced a partnership with Kontron Transportation to upgrade the SNCF Voyageurs Optical Transport Network in Paris. This project will replace outdated Wavelength Division Multiplexing (WDM) equipment with Ribbon's advanced WDM and OTN switching technology, aimed at enhancing scalability, operational efficiency, and network reliability. The upgraded network will support the increasing bandwidth demands of one of Europe’s largest railway companies. The initiative emphasizes the strategic importance of modernizing critical infrastructure through advanced optical solutions.
Ribbon Communications reported Q1 2022 revenue of $173 million, down from $193 million in Q1 2021. The net loss for the quarter widened to $70 million compared to $45 million in the prior year. Notably, IP Optical Networks sales in North America surged 190% YOY. The company anticipates sequential revenue growth in Q2, projecting revenues between $200 million to $215 million and a non-GAAP diluted EPS of $0.03 to $0.06. Despite supply chain issues, Ribbon's investment in product development aims to boost revenue growth.
Ribbon Communications (Nasdaq: RBBN) announced its partnership with Microsoft to support the Operator Connect Accelerator, enhancing service provider offerings for Microsoft Teams. This initiative aims to streamline deployments, enabling faster market entry for telecom services. Key features include pre-assembled API integration and sales enablement tools, which simplify the selling, provisioning, and billing processes. With over 270 million Teams users, this partnership enhances accessibility to telecom services, positioning teams as a viable alternative to traditional telephony.
Ribbon Communications Inc. (Nasdaq: RBBN) plans to announce its first-quarter 2022 financial results on April 27, 2022, after market close. The company will host a conference call at 4:30 p.m. ET to discuss these results. Interested parties can access the live webcast on Ribbon's investor website, where a replay will also be available shortly after. The conference call will include dial-in options for both domestic and international listeners.