B. Riley resumed coverage on Ribbon Communications with a new price target
$RBBN
EDP Services
Technology
B. Riley resumed coverage of Ribbon Communications with a rating of Buy and set a new price target of $14.00 from $12.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 7/11/2024 | $5.00 | Buy | Rosenblatt |
| 4/29/2024 | $6.00 | Mkt Outperform | JMP Securities |
| 7/19/2023 | $5.50 | Buy | Craig Hallum |
| 4/10/2023 | $6.00 | Mkt Outperform | JMP Securities |
| 1/19/2022 | $10.00 | Outperform | Northland Capital |
Rosenblatt initiated coverage of Ribbon Communications with a rating of Buy and set a new price target of $5.00
JMP Securities resumed coverage of Ribbon Communications with a rating of Mkt Outperform and set a new price target of $6.00
Craig Hallum initiated coverage of Ribbon Communications with a rating of Buy and set a new price target of $5.50
Strong Profitability Exceeds ExpectationsCloud & Edge Revenue Grew 11% YoY and 16% QoQ PLANO, Texas , Oct. 23, 2024 /PRNewswire/ -- Ribbon Communications Inc. (NASDAQ:RBBN), a global provider of real time communications technology and IP optical networking solutions to many of the world's largest service providers, enterprises, and critical infrastructure operators to modernize and protect their networks, today announced its financial results for the third quarter of 2024. Revenue for the third quarter of 2024 was $210 million, compared to $203 million for the third quarter of
PLANO, Texas, Oct. 9, 2024 /PRNewswire/ -- Ribbon Communications Inc. (NASDAQ:RBBN), a global provider of real time communications technology and IP optical networking solutions to many of the world's largest service providers, enterprises, and critical infrastructure operators to modernize and protect their networks, today announced that it will report financial results for the third quarter of 2024 after the close of the market on Wednesday, October 23, 2024. Following the release, Ribbon Communications will host a conference call with the financial community at 4:30 p.m. ET to discuss the results.
Net income increased 21% and Adjusted EBITDA up 65% in 1H 2024 YoY Continued improvement in gross margin and lower operating expenses Expect strong second half based on growth from U.S. Tier 1, Rural Broadband, Enterprise, and India PLANO, Texas, July 24, 2024 /PRNewswire/ -- Ribbon Communications Inc. (NASDAQ:RBBN), a global provider of real time communications technology and IP optical networking solutions to many of the world's largest service providers, enterprises, and critical infrastructure operators to modernize and protect their networks, today announced its financial results for the second quarter of 2024.
Facilitates high-speed, scalable, and cost-effective data transfer PLANO, Texas, Dec. 11, 2024 /PRNewswire/ -- Ribbon Communications Inc. (NASDAQ:RBBN), which helps many of the world's largest service providers, enterprises and critical infrastructure operators modernize and protect their networks with its state-of-the-art real time communications technology and IP optical networking solutions, announced that Diabolocom has selected Ribbon's high density Data Center Interconnect (DCI) solution. The solution enables Diabolocom to seamlessly and efficiently connect its global customers with its Cloud Contact Center Software and proprietary Voice AI solutions.
Flexible 400G network delivers increased bandwidth PLANO, Texas, Dec. 10, 2024 /PRNewswire/ -- Ribbon Communications Inc. (NASDAQ:RBBN), which helps many of the world's largest service providers, enterprises and critical infrastructure operators modernize and protect their networks with its state-of-the-art real time communications technology and IP optical networking solutions, today announced the expansion of its relationship with Pioneer. "Our members and subscribers expect high speed connectivity and access to modern capabilities, and this network upgrade highlights our c
Delivers cost-optimized 5G mobile backhaul and high speed connectivity on 30,000 km network PLANO, Texas, Oct. 25, 2024 /PRNewswire/ -- Ribbon Communications Inc. (NASDAQ:RBBN), a leading global provider of real time communications technology and IP optical networking solutions announced the successful completion of a long haul DWDM (Dense Wave Division Multiplexing) deployment for Airtel, one of India's top telecom providers. "Ribbon's proven expertise and cutting-edge solutions were instrumental in our decision to partner with them on this extensive modernization project. By
PLANO, Texas, Oct. 3, 2024 /PRNewswire/ -- Ribbon Communications Inc. (NASDAQ:RBBN), a global provider of real time communications technology and IP optical networking solutions to many of the world's largest service providers, enterprises, and critical infrastructure operators to modernize and protect their networks, today announced the appointment of John Townsend as Executive Vice President and Chief Financial Officer effective November 1, 2024. Mr. Townsend will succeed Miguel "Mick" Lopez who Ribbon previously announced is retiring after a short transition period. Mr. To
Expands access to Ribbon SBCs, SaaS offering, and Ribbon Connect for Microsoft Teams Direct Routing in dynamic market PLANO, Texas, April 18, 2023 /PRNewswire/ -- Ribbon Communications Inc. (NASDAQ:RBBN), a global provider of real time communications software and IP optical networking solutions to service providers, enterprises, and critical infrastructure sectors, today announced that it has appointed Unified Communications (UC) systems integrator JCS Co., Ltd. as a partner and distributor in South Korea. JCS will resell Ribbon Connect for Microsoft Teams Direct Routing as a Service, and Ribbon's industry leading Session Border Controller (SBC) portfolio to its base of large enterprises, SM
Redington brings thirty years of experience helping carriers and enterprises evolve their business communications PLANO, Texas, Dec. 2, 2022 /CNW/ -- Ribbon Communications Inc. (NASDAQ:RBBN), a global provider of real time communications technology and IP Optical networking to many of the world's largest service providers, enterprises, and critical infrastructure operators to modernize and protect their networks, today announced that Dan Redington has joined the company as Executive Vice President of Sales for the Americas region, reporting to Ribbon's Chief Executive Officer and President, Bruce McClelland. Dan will succeed Steven Bruny who will retire in early 2023.
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