Ribbon Communications Stock Price, News & Analysis

Ribbon Communications (RBBN) reported Q3 2020 revenue of $231 million, a 68% increase from $138 million in Q3 2019, largely driven by the ECI Telecom acquisition. Adjusted EBITDA reached a record $43 million

Despite a GAAP net income of $6 million, the company recorded a net loss of $35 million for the nine-month period. Looking forward, RBBN forecasts Q4 revenue between $235 million and $245 million and a non-GAAP earnings per share of $0.12 to $0.14.

Ribbon Communications Inc. (RBBN) has launched the Apollo 9901X platform and MIO700 blade to enhance Optical Transport Network (OTN) switching capabilities, providing cost-effective connectivity solutions. This innovation extends OTN switching from core to metro networks, enabling faster provisioning and automated restoration. The Apollo 9901X supports up to twenty business services and features optical encryption for added security. The MIO700 blade offers a 400G DCO uplink and scalability up to 2.8T capacity, positioning Ribbon as a leader in programmable optical networks.

Ribbon Communications (Nasdaq: RBBN) announced the launch of two managed services: STIR/SHAKEN-as-a-Service and Reputation Scoring, enhancing its Call Trust portfolio aimed at combating robocalls and fraud. These solutions help service providers meet regulatory mandates cost-effectively without needing their own infrastructure. The STIR/SHAKEN service simplifies compliance with U.S. and Canadian mandates, while Reputation Scoring provides real-time call handling recommendations. These innovations leverage Ribbon's Identity Hub, a cloud-native platform offering comprehensive identity assurance services.

Ribbon Communications (Nasdaq: RBBN) has announced that Vivo, a major telecommunications company in Brazil, will utilize its Session Border Controller Software Edition (SBC SWe) to enhance VoIP access and peering services. This partnership aims to improve service reliability and operational efficiency while allowing scalability in a cloud-native environment. The SBC SWe minimizes capital expenditures through on-demand resource allocation, marking a significant step in their ongoing relationship. This development indicates Ribbon's commitment to providing innovative solutions to Tier 1 operators.

Ribbon Communications Inc. (Nasdaq: RBBN) will announce its third-quarter 2020 financial results on October 29, 2020, after market close. A conference call with investors will follow at 4:30 p.m. ET. The call will be accessible via a live webcast on the company's investor website, with a replay available shortly after. This event highlights Ribbon's ongoing engagement with the financial community, showcasing its commitment to transparency and investor relations.

Ribbon Communications (Nasdaq: RBBN) announced the certification of its Intelligent Edge Session Border Controller portfolio to provide secure voice services for Zoom Phone. This certification facilitates the integration of Zoom’s communication platform, enhancing its 'Bring Your Own Carrier' capabilities. Ribbon’s SBCs ensure advanced network security and simplify management for organizations. This certification underscores Ribbon's commitment to partnering with top-tier technology providers to meet the growing demands of cloud communications.

Ribbon Communications Inc. (Nasdaq: RBBN) announced on October 14, 2020 that TalkTalk, a UK connectivity provider, has adopted Ribbon's Analytics solution to enhance real-time incident response on its voice services network. This solution utilizes advanced data analysis to identify and mitigate security threats while improving network performance. TalkTalk seeks to ensure reliability and security in its voice services, which are crucial for customer safety. Ribbon's Analytics aids in delivering actionable insights for effective network management.

Ribbon Communications (Nasdaq: RBBN) announced the launch of a new "Pay-As-You-Go" licensing model for its market-leading Session Border Controller Software edition (SBC SWe) available on the AWS Marketplace. This model offers enterprises a flexible and cost-effective solution for purchasing SBC SWe alongside the Amazon Chime Voice Connector, enhancing VoIP traffic management and security. The SBC SWe also supports various applications such as Microsoft Teams and Contact Centers. Ribbon aims to simplify the ordering process, providing significant value to enterprise customers.