News & Events zu Ribbon Communications Inc (RBBN)RBBNRibbon Communications Inc

Ribbon Communications Expands Critical Infrastructure Portfolio

Ribbon Communications announced the expansion of its critical infrastructure portfolio. The portfolio is designed to help utilities modernize increasingly complex operational networks while maintaining the reliability, security and deterministic performance required for essential services.

Sees Q3 Non-GAAP Gross Margin 51%-52%

Sees Q3 non-GAAP gross margin 51%-52%; Adjusted EBITDA $26M-$31M.

Ribbon Communications Q2 Revenue Reaches $192M, Exceeds Expectations

Reports Q2 revenue $192M, consensus $189.99M. We had meaningful sequential improvement in revenue and profitability in both of our operating segments in the Q2, with key financial metrics above the mid-point of our guidance. Demand continued to strengthen in our IP Optical Networks business, resulting in a new record level of bookings, and one of our best quarters in the U.S. market," stated Bruce McClelland, President and CEO of Ribbon Communications. "The Enterprise market was also a highlight in the quarter with a major Microsoft Teams Voice deployment with a top tier financial institution, and the announcement of our partnership with Salesforce for their new Agentforce Contact Center launch.