UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2022 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to (State or other jurisdiction of incorporation or organization) Delaware 82-1669692 (I.R.S. Employer Identification No.) 6500 Chase Oaks Boulevard, Suite 100, ...

1 Ribbon Communications First Quarter 2022 Results April 27, 2022 Note Regarding Forward-Looking Statements and Non-GAAP Financial Measures This presentation contains "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, which are subject to a number of risks and uncertainties. All statements other than statements of historical facts contained in this presentation, including without limitation statements regarding the projected financial results for th ...

Ribbon Communications Inc. (NASDAQ:RBBN) Q1 2022 Earnings Conference Call April 27, 2022 4:30 PM ET Company Participants Bita Milanian - SVP, Marketing Bruce McClelland - CEO Mick Lopez - CFO Conference Call Participants Paul Silverstein - Cowen Tim Savageaux - Northland Capital Markets Dave Kang - B. Riley Operator Greetings. Welcome to the Ribbon Communications First Quarter 2022 Financial Results Conference Call. At this time, all participants are in a listen-only mode. A question-and-answer session will ...

Revenue and Customer Base - Verizon Communications Inc. accounted for approximately 16% of the company's revenue in the year ended December 31, 2021, with the top five customers representing about 34% of total revenue[29]. - One customer, Verizon Communications Inc., contributed approximately 16% of the company's revenue in the year ended December 31, 2021, while the top five customers accounted for about 34% of total revenue[100]. Integration and Acquisitions - The company has made significant progress in integrating ECI and Ribbon, largely completing this integration in 2021, which included a revamped internal organization aligned along a business unit model[25]. - The company has completed several acquisitions to enhance its product offerings, including Edgewater Networks Inc. and ECI Telecom Group Ltd., expanding its portfolio in security, networking, and transport solutions[15]. - The ECI Acquisition may face challenges in integration, potentially leading to higher costs and loss of key employees, which could hinder the realization of anticipated benefits and cost savings[133]. - Transaction fees related to the ECI Acquisition, including legal and integration costs, are expected to be incurred, with potential for additional unanticipated costs[134]. - The company anticipates that the elimination of duplicative operating costs from the ECI Acquisition may not yield net benefits in the near term[135]. Market Opportunities and Strategies - The company aims to grow its IP Optical Networks market share in North America by leveraging its extensive deployment base and has already seen early cross-selling successes in this area[25]. - The company is targeting the 5G opportunity as a multi-year growth area, focusing on providing metro, backhaul, and long-haul transport solutions for service providers and critical infrastructure[25]. - The competitive landscape is shifting towards software-defined networking and disaggregation, providing opportunities for the company to increase market share against traditional hardware competitors[42]. - The company is enhancing its sales strategy to include more partner sales engagements through authorized distributors and system integrators[109]. Product Development and Technology - The company is focused on transitioning a significant portion of its product portfolio towards software, cloud-native offerings, which is expected to improve profitability and competitiveness[25]. - The Cloud and Edge segment provides secure software and hardware products for VoIP communications, with a focus on cloud-native deployments across various infrastructures[31]. - The Cloud and Edge product portfolio includes Session Border Controller (SBC) products and Network Transformation products, focusing on modernizing legacy networks to VoIP and virtualized environments[34]. - The Apollo product line supports optical transmission with up to 1.2 Terabytes per second per channel, enhancing efficiency and capacity of fiber facilities[40]. - The Neptune product line offers 400G ZR+ pluggable capability, ideal for 5G deployments and supporting various access network technologies[40]. - The company’s Analytics Platform provides actionable intelligence from communications network elements, enhancing network performance visibility and fraud mitigation[35]. - The IP Optical Networks segment is positioned to benefit from the exponential growth in telecommunications traffic driven by technologies like 5G and distributed cloud computing[37]. Financial Performance and Risks - The company faces significant risks from unpredictable quarterly revenue and operating results, which may fluctuate significantly due to various external factors[92]. - The ongoing COVID-19 pandemic has negatively impacted global economic conditions, potentially affecting customer spending and supply chain operations[94]. - Consolidation in the telecommunications industry may lead to delays or reductions in capital expenditure plans by customers, increasing competitive pricing pressures[102]. - The company is exposed to credit risk from significant customers, which could result in material losses if those customers face financial difficulties[106]. - The company anticipates that future waves of COVID-19 could materially impact its business and financial position[95]. - The company recorded net restructuring expenses of $11.7 million in 2021 and expects an additional $20 million in 2022 to streamline operations[103]. Human Resources and Corporate Governance - As of December 31, 2021, the company had a total of 3,685 employees worldwide, with 41% in Asia, 27% in North America, 29% in EMEA, and 3% in LATAM[62]. - The company achieved a voluntary employee turnover rate of 11.6% globally for the year ended December 31, 2021, which is significantly higher than historical levels[69]. - The company delivered approximately 18 training hours per employee in 2021, an increase from approximately 12 hours in 2020[71]. - The company has established a goal of having at least 30% of management roles held by women by 2025, up from an initial baseline of 16%[67]. - The company exceeded its goal of having at least 25% of new hires identify as female in 2021, achieving approximately 29%[67]. Environmental and Regulatory Compliance - The company aims to reduce greenhouse gas emissions by 30% by 2030 as part of its environmental, social, and governance (ESG) strategy[77]. - The company is subject to the General Data Protection Regulation (GDPR), which imposes stringent data protection requirements and could result in substantial fines for non-compliance[163]. - The company has invested in GDPR compliance efforts, which may be time-intensive and costly, with risks of fines and reputational harm if privacy is not adequately protected[165]. - The company must comply with financial covenants related to its credit agreement, including a maximum Consolidated Net Leverage Ratio, which could impact future financing if not met[173]. Stock Performance and Market Conditions - The company's stock price ranged from a high of $11.14 to a low of $5.23 per share during 2021, indicating substantial volatility[187]. - The performance graph indicates a significant decline in the company's stock value from $100.00 in 2017 to $72.11 in 2021[210]. - The company’s stock performance from October 30, 2017, to December 31, 2021, showed a cumulative total return of $72.11, compared to $241.82 for the Nasdaq Composite Index[210]. - The company is subject to ongoing legal proceedings that could materially affect its financial condition and operating results[200]. Supply Chain and Operational Challenges - The company relies on contract manufacturers and limited sources for some components, which may expose it to supply chain disruptions[90]. - The company does not have long-term supply contracts with component suppliers, which could lead to disruptions in product availability[124]. - In Q4 2021, higher component costs and logistics expenses reduced the company's gross margin by approximately 220 basis points due to global supply chain disruptions[125]. - The company relies on strategic partners for product integration, and any failure in these partnerships could result in delays and loss of revenue[118]. International Operations and Market Exposure - Approximately 6% of sales in 2021 were to customers in Russia, Ukraine, and surrounding countries, with military actions and sanctions expected to adversely impact future sales in that region[145]. - International operations accounted for approximately 56% of total revenues in 2021, highlighting the significance of global markets to the company's business[150]. - The company faces risks from fluctuations in currency exchange rates, which could negatively impact financial results and cash flows[154]. - Increased tariffs and trade restrictions could lead to higher costs for raw materials and manufacturing, potentially reducing customer demand for products[153].

Ribbon Communications Inc. (NASDAQ:RBBN) Q4 2021 Earnings Conference Call February 16, 2022 4:30 PM ET Company Participants Tom Berry - IR Bruce McClelland - CEO Mick Lopez - CFO Sam Bucci - General Manager, Ribbon's IP Optical Networks Conference Call Participants Tim Savageaux - Northland Capital Markets Operator Greetings, and welcome to the Ribbon Communications Fourth Quarter 2021 Financial Results Conference Call. At this time, all participants are in a listen-only mode. A question-and-answer session ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2021 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-38267 RIBBON COMMUNICATIONS INC. (Exact name of Registrant as specified in its charter) (State or other jurisdiction of incorpo ...

Ribbon Communications Inc. (NASDAQ:RBBN) Q3 2021 Earnings Conference Call October 27, 2021 4:30 PM ET Company Participants Tom Berry - Investor Relations Bruce McClelland - Chief Executive Officer Mick Lopez - Chief Financial Officer Conference Call Participants Paul Silverstein - Cowen Dave Kang - B. Riley Aditya Dagaonkar - Northland Capital Operator Greetings. And welcome to the Ribbon Communications Third Quarter 2021 Financial Results Conference Call. At this time, all participants are in a listen-only ...

1 Ribbon Communications Third Quarter 2021 Results October 27, 2021 Note Regarding Forward-Looking Statements and Non-GAAP Financial Measures This presentation contains "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, which are subject to a number of risks and uncertainties. All statements other than statements of historical facts contained in this presentation, including without limitation statements regarding the projected financial results for ...

1 Ribbon Communications Oppenheimer 24th Annual Technology, Internet & Communications Conference August 11, 2021 Note Regarding Forward-Looking Statements and Non-GAAP Financial Measures This presentation contains "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, which are subject to a number of risks and uncertainties. All statements other than statements of historical facts contained in this presentation, including without limitation statements r ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2021 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 (State or other jurisdiction of incorporation or organization) Delaware 82-1669692 (I.R.S. Employer Identification No.) 6500 Chase Oaks Boulevard, Suite 100, Plano, Texas 75023 (Address of prin ...