Ribbon Communications Inc. (RBBN)
Market Cap | 370.94M |
Revenue (ttm) | 833.58M |
Net Income (ttm) | -52.80M |
Shares Out | 171.73M |
EPS (ttm) | -0.29 |
PE Ratio | n/a |
Forward PE | 6.62 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 353,968 |
Open | 2.11 |
Previous Close | 2.13 |
Day's Range | 2.09 - 2.17 |
52-Week Range | 1.78 - 4.84 |
Beta | 1.11 |
Analysts | Strong Buy |
Price Target | 5.88 (+172.22%) |
Earnings Date | Oct 25, 2023 |
About RBBN
Ribbon Communications Inc. provides communications technology in the United States, Europe, the Middle East, Africa, the Asia Pacific, and internationally. It operates through two segments, Cloud and Edge, and IP Optical Networks. The Cloud and Edge segment provides software and hardware products; and solutions and services for enabling voice over internet protocol communications, voice over long-term evolution, and voice over 5G communications and unified communications and collaboration. It also offers session border controller and network tr... [Read more]
Financial Performance
In 2022, RBBN's revenue was $819.76 million, a decrease of -2.98% compared to the previous year's $844.96 million. Losses were -$98.08 million, -44.64% less than in 2021.
Financial StatementsAnalyst Forecast
According to 4 analysts, the average rating for RBBN stock is "Strong Buy." The 12-month stock price forecast is $5.88, which is an increase of 172.22% from the latest price.
News

W3TEL Leverages Ribbon for Network Expansion and Regulatory Compliance
Optimizes infrastructure for ongoing growth PLANO, Texas , Nov. 8, 2023 /PRNewswire/ -- Ribbon Communications Inc. (Nasdaq: RBBN), a global provider of real time communications technology and IP optic...

Ribbon Brings Customers and Industry Experts Together for Second Annual Tech Forum
Program explores the topics impacting today's communications ecosystem PLANO, Texas , Nov. 7, 2023 /PRNewswire/ -- Ribbon Communications Inc. (Nasdaq: RBBN), a global provider of real time communicati...

Ribbon Communications Inc. Reports Third Quarter 2023 Financial Results
Projecting significant improvement in full year company profitability IP Optical Networks Sales up 14% Year to Date – on track to achieve profitability in Fourth Quarter 2023 PLANO, Texas , Oct. 25, ...

1GLOBAL Optimizes Mobile Voice Quality with Ribbon
Ribbon solution ensures secure, high-quality, mobile voice for 1GLOBAL's customers PLANO, Texas , Oct. 23, 2023 /PRNewswire/ -- Ribbon Communications Inc. (Nasdaq: RBBN), a global provider of real ti...

Ribbon's NPT IP Routing Solution Enables Broadband Aggregation for Shawnee Telephone
Winning solution includes extensive network staging services and high-touch post-sales support PLANO, Texas , Oct. 20, 2023 /PRNewswire/ -- Ribbon Communications Inc. (Nasdaq: RBBN), a global provide...

Ribbon Communications to Report Third Quarter 2023 Financial Results on October 25, 2023
PLANO, Texas , Oct. 11, 2023 /PRNewswire/ -- Ribbon Communications Inc. (Nasdaq: RBBN), a global provider of real time communications technology and IP optical networking solutions to many of the worl...

The Texas A&M University System Leverages Ribbon's IP Wave Solutions for its Private 5G Network
Supports advanced experimentation, technology development, testing and evaluation at leading applied research facility PLANO, Texas , Sept. 13, 2023 /PRNewswire/ -- Ribbon Communications Inc. (Nasda...

Empire Access Selects Ribbon's IP Wave Solutions for Network Expansion
Enhances existing relationship with IP and Optical investment PLANO, Texas , Aug. 24, 2023 /PRNewswire/ -- Ribbon Communications Inc. (Nasdaq: RBBN), a global provider of real time communications tec...

Harrisonville Telephone Company (HTC) Selects Ribbon's IP Wave Solutions for Network Upgrade
Gains expanded capacity with joint Packet and Optical solution PLANO, Texas, Aug. 23, 2023 /PRNewswire/ -- Ribbon Communications Inc. (Nasdaq: RBBN), a global provider of real time communications tech...

Ribbon Drives Continued Progress in Latest Sustainability Report
Highlights achievements in social and environmental impact, governance and ethical conduct PLANO, Texas, Aug. 22, 2023 /PRNewswire/ -- Ribbon Communications Inc. (Nasdaq: RBBN), a global provider of ...

Ribbon Communications Inc. Reports Second Quarter 2023 Financial Results
IP Optical Networks Sales up 24% and Enterprise up 65% Year Over Year PLANO, Texas , July 26, 2023 /PRNewswire/ -- Ribbon Communications Inc. (Nasdaq: RBBN), a global provider of real time communicati...

Ribbon's STIR/SHAKEN Solution in France Implemented by Bandwidth as Part of Global Technology Partnership Expansion
Compliant security solution seamlessly integrates with Bandwidth's existing European infrastructure PLANO, Texas , July 25, 2023 /PRNewswire/ -- Ribbon Communications Inc. (Nasdaq: RBBN), a global pr...

Powerlink Queensland Selects Ribbon's IP Wave Solutions to Transform Operational Network
Delivers seamless transition from legacy environment to advanced IP services PLANO, Texas , July 19, 2023 /PRNewswire/ -- Ribbon Communications Inc. (Nasdaq: RBBN), a global provider of real time com...

Beanfield Simplifies Teams Phone Integration with Ribbon Connect for Operator Connect
Enhances Microsoft Teams adoption for seamless communications PLANO, Texas , July 18, 2023 /PRNewswire/ -- Ribbon Communications Inc. (Nasdaq: RBBN), a global provider of real time communications tech...

InfiniVAN Selects Ribbon's IP Wave Solutions for High Bandwidth Backbone Across the Philippines
High capacity solution delivers increased bandwidth and cost efficiencies PLANO, Texas , July 17, 2023 /PRNewswire/ -- Ribbon Communications Inc. (Nasdaq: RBBN), a global provider of real time commu...

Ribbon Communications to Report Second Quarter 2023 Financial Results on July 26, 2023
PLANO, Texas , July 12, 2023 /PRNewswire/ -- Ribbon Communications Inc. (Nasdaq: RBBN), a global provider of real time communications technology and IP optical networking solutions to many of the worl...

Joni Roberts Joins Ribbon as Chief Marketing Officer
Extensive industry experience will enhance company message and global visibility PLANO, Texas , July 10, 2023 /PRNewswire/ -- Ribbon Communications Inc. (Nasdaq: RBBN), a global provider of real time...

5 stocks under $5 to catch the small-cap rally as investors turn bullish
Small-cap stocks are back. If the trend continues — which is my guess — there are more big gains to be made because the group has been so badly hammered.

Ribbon's STIR/SHAKEN Solution Enables Unyc to Fulfill Regulatory Requirements, Protecting Customers from Bad Actors
Delivers increased trust by reducing malicious calls PLANO, Texas , June 8, 2023 /PRNewswire/ -- Ribbon Communications Inc. (Nasdaq: RBBN), a global provider of real time communications technology an...

Ribbon Named to USA Today's America's Climate Leaders 2023 List
Recognizes success in reducing greenhouse gas emissions PLANO, Texas , June 5, 2023 /PRNewswire/ -- Ribbon Communications Inc. (Nasdaq: RBBN), a global provider of real time communications technology ...

Ribbon Launches Ribbon Connect for Zoom
Simplifies and accelerates service providers' support for Zoom Phone's Bring Your Own Carrier (BYOC) solutions PLANO, Texas , May 25, 2023 /PRNewswire/ -- Ribbon Communications Inc. (Nasdaq: RBBN), a ...

Texas Lone Star Network Selects Ribbon's IP Wave Solutions to Augment Network Capacity
Alien wavelengths support increased scale and service offerings PLANO, Texas , May 17, 2023 /PRNewswire/ -- Ribbon Communications Inc. (Nasdaq: RBBN), a global provider of real time communications te...

Triangle Communications Upgrades and Expands Broadband Network with Ribbon's IP Wave Solutions
Update modernizes broadband network to deliver increased capacity and faster internet speeds across Montana PLANO, Texas , May 15, 2023 /PRNewswire/ -- Ribbon Communications Inc. (Nasdaq: RBBN), a glo...

Ribbon Communications Inc. Reports First Quarter 2023 Financial Results
7% Revenue Growth Year Over Year IP Optical Networks Sales up 13% and Cloud & Edge Enterprise up 62% Continued Strong Bookings Momentum PLANO, Texas , April 26, 2023 /PRNewswire/ -- Ribbon Communica...

Legos Selects Ribbon to Implement STIR/SHAKEN Solution to Safeguard Customers Against Telephony Fraud and Comply with French Regulation
Partnerships will enable Legos to de-risk and meet with French regulatory requirements ahead of July 2023 deadline PLANO, Texas , April 26, 2023 /PRNewswire/ -- Ribbon Communications Inc. (Nasdaq: RBB...