Ribbon Communications Inc. Reports Second Quarter 2025 Financial Results

Core Insights - Ribbon Communications Inc. reported strong financial performance in Q2 2025, with revenue and earnings exceeding growth projections, driven by robust demand in North America across Service Provider and Enterprise markets [2][3][5] - The company anticipates a seasonally stronger second half of the year, supported by good visibility in demand [2][3] Financial Highlights - Revenue for Q2 2025 was $221 million, a 15% increase from $193 million in Q2 2024 [5] - Adjusted EBITDA rose 47% year over year to $32 million, at the top end of guidance [2][5] - The company announced a stock repurchase program, planning to buy back up to $50 million of common stock [2][3] - Cash position at the end of Q2 2025 was $62 million, including $2.3 million from stock repurchases [2][3] Business Outlook - For Q3 2025, revenue is projected to be between $213 million and $227 million, with non-GAAP gross margin expected to be between 53.5% and 54.0% [3] - Full-year 2025 projections remain unchanged, indicating confidence in ongoing business performance [3] Operational Performance - GAAP operating income for Q2 2025 was $4 million, compared to a loss of $2 million in Q2 2024 [5] - Non-GAAP adjusted EBITDA for the first half of 2025 was $38 million, up from $33 million in the same period of 2024 [5] - GAAP gross margin for Q2 2025 was 49.6%, slightly down from 50.8% in Q2 2024 [5][33] Market Position - Ribbon Communications continues to engage with major service providers and enterprises, focusing on modernizing and securing their networks [1][7] - The company is well-positioned to capitalize on the growing demand for real-time communications technology and IP optical networking solutions [1][7]