Ribbon Communications

Ribbon Communications Inc. Reports Third Quarter 2023 Financial Results

Retrieved on: 
Wednesday, October 25, 2023
Cloud, Adjustment, Conference, GAAP, Graphic Communications Conference, Ribbon Communications, Bank

PLANO, Texas, Oct. 25, 2023 /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 2023.

Key Points: 
  • 1 Please see the reconciliations of non-GAAP financial measures to the most directly comparable GAAP measures and additional information about non-GAAP measures in the section entitled "Discussion of Non-GAAP Financial Measures" in the attached schedules.
  • "Our strong Adjusted EBITDA of $28 million for the third quarter 2023, or 14% of revenue, was driven by improved margins and continued spending controls.
  • Gross margins increased for both segments due to positive mix and lower product royalties and costs," said Mick Lopez, Chief Financial Officer of Ribbon Communications.
  • 1 Please see the reconciliations of non-GAAP financial measures to the most directly comparable GAAP measures and additional information about the non-GAAP measures in the section entitled "Discussion of Non-GAAP Financial Measures" in the attached schedules.

Ribbon's NPT IP Routing Solution Enables Broadband Aggregation for Shawnee Telephone

Retrieved on: 
Friday, October 20, 2023
Universal Service Fund, Ribbon Communications, Central Illinois, IP, Ribbon, Connect, Partnership, CAF, NPT, Shawnee Community College

PLANO, Texas, Oct. 20, 2023 /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 Shawnee Communications, which serves residents and businesses in rural communities in Southern & Central Illinois with modern communications technology, has selected Ribbon's NPT IP Routing solution for broadband aggregation.

Key Points: 
  • PLANO, Texas, Oct. 20, 2023 /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 Shawnee Communications , which serves residents and businesses in rural communities in Southern & Central Illinois with modern communications technology, has selected Ribbon's NPT IP Routing solution for broadband aggregation.
  • "Ribbon has been a trusted partner for many years, supporting us with state of the art voice solutions, and leveraging their expertise for broadband aggregation was a natural fit," said Ben McCameron, General Manager, Shawnee Communications.
  • "Their US-based post-sales support and network staging services offer additional peace of mind as we focus on providing our customers with the high speed, resilient capacity our increasingly digital environments demand."
  • With their modular design, chassis redundancy, and support for multiple routing technologies, Ribbon's IP routers deliver resiliency and effective traffic protection while eliminating the need for duplicate devices at each site.

Ribbon Communications to Report Third Quarter 2023 Financial Results on October 25, 2023

Retrieved on: 
Wednesday, October 11, 2023
IP, Ribbon Communications, Cryptocurrency, Broadcasting

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 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 2023 after the close of the market on Wednesday, October 25, 2023.

Key Points: 
  • 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 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 2023 after the close of the market on Wednesday, October 25, 2023.
  • Following the release, Ribbon Communications will host a conference call with the financial community at 4:30 p.m.
  • ET to discuss the results.
  • The Company will offer a live, listen-only webcast of the conference call via the investor section of its website at investors.ribboncommunications.com , where a replay will also be available shortly following the conference call.

ST Engineering iDirect Appoints Senior Vice President of Engineering, Promotes Ecosystems and Partnerships Expert to Executive Team

Retrieved on: 
Wednesday, October 11, 2023
Cloud, Senior, Government, ST Engineering, LEO, Ecosystem, Ribbon Communications, Growth, ST, GEO, Strategic management, MEO, Telecommunications, Management, Communications satellite, Engineering

HERNDON, Va., Oct. 11, 2023 /PRNewswire-PRWeb/ -- ST Engineering iDirect, a global leader in satellite communications, has announced two new strategic appointments to its leadership team.

Key Points: 
  • HERNDON, Va., Oct. 11, 2023 /PRNewswire-PRWeb/ -- ST Engineering iDirect, a global leader in satellite communications, has announced two new strategic appointments to its leadership team.
  • Don Claussen, ST Engineering iDirect CEO, said, "Our commitment is unwavering; we will lead the charge in establishing industry standards to enable a global, multi-domain, cloud-enabled telecom model for our customers."
  • Sridhar Kuppanna has been appointed as its new Senior Vice President of Engineering.
  • Cynthia Harty, Senior Vice President of Corporate Strategy, has been appointed to the leadership team.

The Texas A&M University System Leverages Ribbon's IP Wave Solutions for its Private 5G Network

Retrieved on: 
Wednesday, September 13, 2023
Lead, Interim, Engineering, Texas A&M University, Ribbon Communications, 3rd millennium, Bryan Air Force Base, Research, IP, TAMU, NPT, Robotics, NUST School of Electrical Engineering and Computer Science, ITEC, Computer science, Software, Mobile phone, Texas A&M Engineering Extension Service, Ribbon

PLANO, Texas, Sept. 13, 2023 /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 Texas A&M University (TAMU) has selected Ribbon's NPT IP Routing for wireless backhaul on its private 5G research network. 

Key Points: 
  • "Working with Ribbon ensures that we benefit from the highest guaranteed performance for these mission critical communications."
  • The network leverages Ribbon's advanced NPT 1800 multi service aggregation router and NPT 2100 access edge and pre aggregation router, part of Ribbon's comprehensive IP Wave portfolio, for increased performance and availability.
  • Architected to help providers build and operate multi-layer data and optical networks, IP Wave solutions seamlessly fuse optimized hardware and automation software with an open architecture, and deliver the agility required to rapidly create and implement innovative new services.
  • "Our state of the art offers are designed to provide higher education institutions with the capacity, security, and agility they require in today's connected learning environment.

Harrisonville Telephone Company (HTC) Selects Ribbon's IP Wave Solutions for Network Upgrade

Retrieved on: 
Wednesday, August 23, 2023
Ribbon Communications, Operation, NPT, Rural marketing, IP, HTC, Internet, Mobile phone, Ribbon

PLANO, Texas, Aug. 23, 2023 /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 HTC, an Illinois-based provider of communications services, is leveraging Ribbon's IP Wave solutions to update its network.

Key Points: 
  • "We turned to them for an expandable solution that can keep up with our customers' increasing bandwidth requirements.
  • HTC is leveraging Ribbon's NPT IP Routing and Apollo Optical Transport solutions, part of the company's comprehensive IP Wave portfolio.
  • Architected to enable providers to build and operate multi-layer data and optical networks, IP Wave solutions seamlessly fuse optimized hardware and automation software within an open architecture, and deliver the agility needed to rapidly create and implement innovative new services.
  • "Businesses and end-users are demanding access to high speed internet solutions and HTC is committed to meeting those needs with state of the art solutions.

Orion Innovation Names Tony Scarfo to New Role of Telecommunications, Media & Technology (TMT) Leader

Retrieved on: 
Wednesday, August 9, 2023
Cloud, Telecommunications, Product management, Information system, BS, EVP, Orion, TMT, MBA, ECI, IP, Marketing, State Street Bank and Trust Company, Poly Inc., Ribbon Communications, Ribbon, GM, Scarfo, Ecosystem, Juniper Networks, Seton Hall University, Sonus, Management, Retail, Manhattan College, Engineering, Lucent, Media

EDISON, N.J., Aug. 9, 2023 /PRNewswire/ -- Orion Innovation ("Orion"), a leading digital transformation and product development services firm, has named Tony Scarfo as its new Telecommunications, Media, and Technology (TMT) vertical leader. In the newly created role, Scarfo will manage the overall strategic direction and lead Orion's global go-to-market strategy for the TMT industry. He will report to Raj Patil, Orion's CEO.

Key Points: 
  • EDISON, N.J., Aug. 9, 2023 /PRNewswire/ -- Orion Innovation ("Orion"), a leading digital transformation and product development services firm, has named Tony Scarfo as its new Telecommunications, Media, and Technology (TMT) vertical leader.
  • In the newly created role, Scarfo will manage the overall strategic direction and lead Orion's global go-to-market strategy for the TMT industry.
  • A distinguished veteran who spent decades in the telecommunications industry, Scarfo has extensive leadership experience and a track record of success.
  • "Trusted partners like Tony and Orion play a critical role in supporting businesses wherever they are in their digital transformation journey."

Ribbon Communications Inc. Reports Second Quarter 2023 Financial Results

Retrieved on: 
Wednesday, July 26, 2023
Graphic Communications Conference, Ribbon Communications, Adjustment, GAAP, Conference, Bank, Cryptocurrency

PLANO, Texas, July 26, 2023 /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 2023.

Key Points: 
  • 1 Please see the reconciliations of non-GAAP financial measures to the most directly comparable GAAP measures and additional information about non-GAAP measures in the section entitled "Discussion of Non-GAAP Financial Measures" in the attached schedules.
  • "Favorable mix and execution on our strategy to improve efficiency and reduce operating expenses contributed to earnings at the high end of our guidance range for the second quarter.
  • This sets the stage for a strong second half as we expect margins to benefit from higher sales and to exceed our targeted expense reductions for the year," said Mick Lopez, Chief Financial Officer of Ribbon Communications.
  • 1 Please see the reconciliations of non-GAAP financial measures to the most directly comparable GAAP measures and additional information about the non-GAAP measures in the section entitled "Discussion of Non-GAAP Financial Measures" in the attached schedules.

Powerlink Queensland Selects Ribbon's IP Wave Solutions to Transform Operational Network

Retrieved on: 
Wednesday, July 19, 2023
Ribbon Communications, National Electricity Market, NPT, NEM, Network monitoring, Environment, IP, NMS, Powerlink, Public utility, Ribbon

PLANO, Texas, July 19, 2023 /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 Powerlink, the electrical transmission grid operator in the Australian state of Queensland, has selected Ribbon to help modernize its statewide operational network. Part of Australia's National Electricity Market (NEM), Powerlink's network extends 1,700 km (1,055 miles), with 15,000 km (9,300 miles) of transmission lines.

Key Points: 
  • Part of Australia's National Electricity Market (NEM), Powerlink's network extends 1,700 km (1,055 miles), with 15,000 km (9,300 miles) of transmission lines.
  • Powerlink is utilizing Ribbon's NPT family of routers to build a robust and protected internal communications network, as well as Ribbon's industry-leading LightSoft .
  • Intuitive and easy to use, LightSoft provides unified multi-layer, end-to-end network management via a simple point and click interface.
  • "Powerlink is recognized for its ability to deliver critical infrastructure and electrical transmission services in Queensland," said Mickey Wilf, Managing Director APAC and Africa, Ribbon.

Ribbon Communications to Report Second Quarter 2023 Financial Results on July 26, 2023

Retrieved on: 
Wednesday, July 12, 2023
Ribbon Communications, IP, Cryptocurrency, Broadcasting

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 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 2023 after the close of the market on Wednesday, July 26, 2023.

Key Points: 
  • 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 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 2023 after the close of the market on Wednesday, July 26, 2023.
  • Following the release, Ribbon Communications will host a conference call with the financial community at 4:30 p.m.
  • ET to discuss the results.
  • The Company will offer a live, listen-only webcast of the conference call via the investor section of its website at investors.ribboncommunications.com , where a replay will also be available shortly following the conference call.