PLANO, Texas, July 9, 2025 /PRNewswire/ -- Ribbon Communications Inc. (Nasdaq: RBBN), a leading supplier of real-time communications technology and IP optical networking solutions, today announced that it will report financial results for the second quarter of 2025 after the close of the market on Wednesday, July 23, 2025. Following the release, Ribbon Communications will host a conference call with the financial community at 4:30 p.m. ET to discuss the results.Conference Call Details and WebcastDate: Wedne ...

PLANO, Texas, June 5, 2025 /PRNewswire/ -- Ribbon Communications Inc. (Nasdaq: RBBN), a leading supplier of real-time communications technology and IP optical networking solutions, announced the investor conferences its executives will attend later this month: Qualified participants may email [email protected] to set up virtual meetings with Ribbon leadership. Ribbon is dedicated to assisting the world's largest service providers, enterprises and critical infrastructure operators in modernizing and safeguar ...

Core Viewpoint - Ribbon Communications Inc. has announced a share repurchase program of up to $50 million, reflecting the Board's confidence in the company's strategic plan and improved performance, particularly highlighted by record financial results in Q4 2024 [1][2]. Financial Performance - The company reported a 30% increase in earnings for 2024, achieving results at the high end of its original guidance [2]. - Business with US Tier One Service Providers doubled in 2024, supported by a multi-year contract with Verizon for modernizing telecom voice infrastructure [2]. Share Repurchase Program - The share repurchase program will commence on June 5, 2025, and continue through December 31, 2027 [1]. - The program may involve purchases in the open market, privately negotiated transactions, or structured through investment banking institutions, with the timing and amount subject to various factors [2]. Business Strategy and Outlook - The company has seen significant growth in business with Enterprise customers and U.S. Federal agencies [2]. - There is improved visibility in the business with positive book-to-bill ratios and a growing backlog, indicating a focus on driving profitable growth and strong cash flow generation [2]. Company Overview - Ribbon Communications provides secure cloud communications and IP optical networking solutions globally, focusing on modernizing networks for better competitive positioning [3]. - The company emphasizes its commitment to Environmental, Social, and Governance (ESG) matters, offering an annual Sustainability Report to stakeholders [3].

Core Insights - Ribbon Communications Inc. reported a 35% increase in backlog year-over-year, driven by growing demand from service providers [1] - The company expects a strong first half of 2025, with sales projected to rise by 5-8% year-over-year despite a revenue reduction in Eastern Europe [2] - Ribbon's first quarter 2025 results were impacted by the timing of two key Federal and Enterprise deals, which are expected to contribute to the second quarter [2] Financial Highlights - First quarter 2025 GAAP revenue was $181 million, slightly up from $180 million in the same quarter of 2024 [6] - GAAP net loss for the first quarter was $26 million, an improvement from a loss of $30 million in the first quarter of 2024 [6] - Non-GAAP adjusted EBITDA for the first quarter was $6 million, down from $12 million in the same quarter of 2024 [6] Business Outlook - For the second quarter of 2025, the company projects revenue between $210 million and $220 million, with a non-GAAP gross margin expected to be between 53% and 53.5% [3] - Full-year 2025 projections remain unchanged, indicating confidence in the company's business outlook [3] Operational Performance - The gross margin for the first quarter of 2025 was 45.4%, down from 51.2% in the first quarter of 2024 [6] - The company reported a GAAP operating loss of $20 million for the first quarter, compared to a loss of $13 million in the same quarter of 2024 [6] - The weighted average shares outstanding for diluted earnings per share increased to 180 million in the first quarter of 2025 from 175 million in the same quarter of 2024 [6]