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 |
4 - Ribbon Communications Inc. (0001708055) (Issuer)
4 - Ribbon Communications Inc. (0001708055) (Issuer)
4 - Ribbon Communications Inc. (0001708055) (Issuer)
PLANO, Texas, Aug. 13, 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 Miguel "Mick" Lopez, Executive Vice President, Chief Financial Officer, intends to retire after 40 years in the technology industry. Ribbon has engaged an executive search firm to identify and evaluate potential successors from inside and outside the company. Mr. Lopez is expected to continue to serve as the Ribbon Chief Financial Officer until a success
Meets key environmental milestone ahead of schedule PLANO, Texas, Aug. 12, 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 released its 2023 sustainability report. The report highlights Ribbon's continued efforts in achieving its sustainability initiatives, and its success in delivering enhanced access, connectivity, and network security to customers in more than 140 countries.
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.
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.
PLANO, Texas, July 11, 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 second quarter of 2024 after the close of the market on Wednesday, July 24, 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.
Significant profitability improvement with >700 bps increase in Gross Margin Selected by Verizon for multi-year Advanced Voice Network Platform PLANO, Texas, April 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 first quarter 2024. Revenue for the first quarter of 2024 was $180 mil
Rosenblatt analyst Mike Genovese maintains Ribbon Comms (NASDAQ:RBBN) with a Buy and maintains $5 price target.
Business Outlook1 For the third quarter of 2024, the Company expects continued sequential growth in both of our businesses with revenue in a range of $205 million to $220 million. Non-GAAP gross margin is projected in a range of 53% to 53.5%. Adjusted EBITDA is projected in a range of $25 million to $30 million.The Company has also adjusted full-year 2024 targets and now expects revenue in a range of $830 million to $850 million, non-GAAP gross margin in a range of 54% to 54.5%, and Adjusted EBITDA in a range of $105 million to $115 million.
Ribbon Comms (NASDAQ:RBBN) reported quarterly earnings of $0.05 per share which met the analyst consensus estimate. This is a 25 percent increase over earnings of $0.04 per share from the same period last year. The company reported quarterly sales of $192.62 million which missed the analyst consensus estimate of $204.97 million by 6.03 percent. This is a 8.55 percent decrease over sales of $210.62 million the same period last year.
144 - Ribbon Communications Inc. (0001708055) (Subject)
8-K - Ribbon Communications Inc. (0001708055) (Filer)
10-Q - Ribbon Communications Inc. (0001708055) (Filer)
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
4 - Ribbon Communications Inc. (0001708055) (Issuer)
4 - Ribbon Communications Inc. (0001708055) (Issuer)
4 - Ribbon Communications Inc. (0001708055) (Issuer)
SC 13G/A - Ribbon Communications Inc. (0001708055) (Subject)
SC 13G/A - Ribbon Communications Inc. (0001708055) (Subject)
SC 13G - Ribbon Communications Inc. (0001708055) (Subject)
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.
OTTAWA, ON / ACCESSWIRE / September 12, 2022 / Calian® Group Ltd., (TSX:CGY) a diverse products and services company providing innovative healthcare, communications, learning and cybersecurity solutions, is proud to announce the appointment of Michael Muldner as Chief Information Officer (CIO). Mr. Muldner will be assuming leadership from Jerry Johnston. They will work together through September and October to complete a smooth transition and Muldner will officially become the second CIO in Calian history on October 1, 2022.Mr. Muldner's over 24 years of experience leading global technology organizations in both large multinational public companies as well as high growth start-ups will be a