Ribbon Communications Inc.

NASDAQ:RBBN

$3.265 USD

$0.14 (4.31%)

Volume
71.89K
Average Volume
335.66K
Market Capitalization
$569.83M
P/E Ratio
-10.59
Dividend Yield
0.00%
Price Target
$5.50
Year High
$3.95
Year Low
$1.78
Payout Ratio
$-1.16
Current Ratio
$1.48

Industry, Sector & symbol

Stock Exchange NASDAQ Global Select
CEO Mr. Bruce W. McClelland
Industry Telecommunications Services
Sector Communication Services
Current Symbol RBBN
CUSIP 762544104
CIK 0001708055
Web https://www.ribboncommunications.com
Phone 978 614 8100
Currency USD
Employees 3107
Country US

Liquidity

Debt-to-Equity Ratio 0.86
Payout Ratio -1.16
Current Ratio 1.48
Quick Ratio 1.19
Cash Ratio 0.25

Sales & Book Value

Annual Sales $826.34M
Price / Sales 0.71
Cash Flow -0.03
Price / Cash Flow -111.86
Price / Book 1.40

Price Target and Rating

Average Stock Price Forecast $5.50
High Stock Price Forecast $6.00
Low Stock Price Forecast $5.00
Forecast Upside/Downside -40.64%
Consensus Rating Sell
Rating Score(0-5) 2
Research Coverage 3 Analysts

Profitability

EPS (Most Recent Fiscal Year) $-0.39
Trailing P/E Ratio -10.59
PEG Ratio -0.28
P/E Growth -0.28
Net Income $-66.21M
Net Margin -6.68%
Pretax Margin -5.58%
Return on Equity -12.42%
Return on Assets -4.85%

Financials Score

AltmanZ Score -0.59
Piotroski Score 4.00
Working Capital 131.58M
Total Assets 1.11B
Ebit 18.32M
Market Cap 546.27M
Total Liabilities 700.43M

Poll Results

About Ribbon Communications Inc. (NASDAQ:RBBN) Stock

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 transformation products. This segment serves private, public, or hybrid cloud infrastructures, as well as data centers, enterprise premises, and service provider networks. It also provides multiple solutions for VoIP, VoLTE, VoNR, and UC&C in network, ... on-premises, or via the telco cloud. The IP Optical Networks segment provides hardware and software solutions for IP networking, switching, routing, and optical transport to support and enable technologies, such as 5G, distributed cloud computing, and corresponding applications. It also offers multiple solutions, including 5G-native solutions for mobile-backhaul, metro and edge aggregation, core networking, data center interconnect, legacy NTR, and transport solutions for wholesale carriers. This segment serves utilities, government, defense, finance, transportation, and education and research industries, as well as service providers and enterprises. It also provides advanced analytics solutions and next generation products that provides cloud-native and streaming analytics platform for networks and subscribers. The company was formerly known as Sonus Networks, Inc. and changed its name to Ribbon Communications Inc. in November 2017. Ribbon Communications Inc. was founded in 1997 and is headquartered in Plano, Texas.

Ribbon Communications Appointing John Townsend as Chief Financial Officer

2024-10-03 08:00:00

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.

2 Network Software Stocks to Watch From a Challenging Industry

2024-09-30 13:06:08

Communication-Network Software providers like Weave Communications (WEAV) and Ribbon Communications (RBBN) benefit from the ongoing digitalization efforts, including a shift to cloud computing and the rapid deployment of 5G-based networks.

Ribbon CFO Mick Lopez to Retire in 4th Quarter 2024

2024-08-13 08:45:00

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.

Ribbon's 2023 Sustainability Report Details Progress on ESG Goals

2024-08-12 08:00:00

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.

Ribbon Communications Inc. (RBBN) Q2 2024 Earnings Call Transcript

2024-07-24 23:32:06

Ribbon Communications Inc. (NASDAQ:RBBN ) Q2 2024 Earnings Conference Call July 24, 2024 4:30 PM ET Company Participants Joni Roberts - Senior Vice President & Chief Marketing Officer Bruce McClelland - President, Chief Executive Officer & Director Miguel Lopez - Executive Vice President & Chief Financial Officer Conference Call Participants Michael Genovese - Rosenblatt Securities Christian Schwab - Craig-Hallum Tim Savageaux - Northland Capital Markets Dave Kang - B. Riley Securities Trevor Walsh - JMP Securities Operator Greetings and welcome to the Ribbon Communications Second Quarter 2024 Financial Results Conference Call.

Frequently Asked Questions

What is the current Ribbon Communications Inc. (RBBN) stock price?

Ribbon Communications Inc.(NASDAQ:RBBN) stock price is $3.265 in the last trading session. During the trading session, RBBN stock reached the peak price of $3.95 while $1.78 was the lowest point it dropped to. The percentage change in RBBN stock occurred in the recent session was 4.31% while the dollar amount for the price change in RBBN stock was $0.14.

RBBN's industry and sector of operation?

The NASDAQ listed RBBN is part of Telecommunications Services industry that operates in the broader Communication Services sector.

Who are the executives of RBBN?

Mr. Bruce W. McClelland | President, Chief Executive Officer & Director
Mr. Miguel A. Lopez Ben | Executive Vice President & Chief Financial Officer
Mr. Salvatore Bucci | Executive Vice President & Chief Operating Officer
Mr. Patrick W. Macken | Executive Vice President, Chief Legal Officer & Corporate Secretary
Mr. Dan Redington | Executive Vice President of Global Sales

How many employees does RBBN have?

Number of RBBN employees currently stands at 3107. RBBN operates from 6500 Chase Oaks Boulevard, Plano, TX 75023, US.

Link for RBBN official website?

Official Website of RBBN is: https://www.ribboncommunications.com

How do I contact RBBN?

RBBN could be contacted at phone #978 614 8100 and can also be accessed through its website. RBBN operates from 6500 Chase Oaks Boulevard, Plano, TX 75023, US.

How many shares of RBBN are traded daily?

The average number of RBBN shares traded daily for last 3 months was 335.66K.

What is the market cap of RBBN currently?

The market value of RBBN currently stands at $569.83M with its latest stock price at $3.265