Financial Performance - Ribbon Communications' Q3 2025 revenue reached $215 million, a 2% year-over-year increase[15] - The company's gross margin for Q3 2025 was 53%[15] - Adjusted EBITDA for Q3 2025 was $29 million, a 3% decrease year-over-year[15] - The adjusted EBITDA margin for Q3 2025 was 13%, down 80 basis points year-over-year[15] - For the year-to-date 2025, revenue was $617 million, a 6% increase year-over-year[15] - Year-to-date adjusted EBITDA was $67 million, a 5% increase year-over-year, with an 11% margin[15] Segment Performance - IP Optical Networks revenue was $91 million in Q3 2025, an 11% increase year-over-year[22] - Cloud & Edge revenue was $124 million in Q3 2025, a 3% decrease year-over-year[27] Outlook - The company projects revenue between $230 million and $250 million for Q4 2025[49] - The company projects revenue between $847 million and $867 million for the full year 2025[49]

Financial Performance Highlights - Ribbon Communications reported Q2 2025 revenue of $221 million, a 15% year-over-year increase[9] - The company's gross margin for Q2 2025 was 52%[9] - Adjusted EBITDA for Q2 2025 reached $32 million, representing a 47% year-over-year growth[9] - For the first half of 2025, revenue totaled $402 million, an 8% increase year-over-year[9] - First half of 2025 Adjusted EBITDA was $38 million, a 13% increase year-over-year[9] Segment Performance - Cloud & Edge segment revenue for Q2 2025 was $137 million, a 24% increase year-over-year[20] - IP Optical Networks segment revenue for Q2 2025 was $84 million, a 2% increase year-over-year[26] Key Metrics and Outlook - The company's cash position at the end of Q2 2025 was $62 million[10] - Ribbon Communications maintains a net debt leverage of 2.3x[10] - The outlook for full year 2025 revenue is projected to be between $870 million and $890 million[46] - The outlook for full year 2025 Non-GAAP Adjusted EBITDA is projected to be between $130 million and $140 million[46]

Core Insights - Ribbon Communications Inc. has introduced two new routers, the NPT 2714 and NPT 2507, enhancing network flexibility and investment protection for service providers and enterprises [1][2]. Product Features - The NPT 2714 router features an innovative orthogonal architecture that combines the benefits of modular and fixed systems, providing redundancy and I/O diversity while maintaining cost efficiency [2][3]. - The NPT 2507 is a fixed form factor router with a capacity of 7.2Tbps, designed for compact network solutions requiring 100G and 400G interfaces [3][6]. - Both routers will be generally available in Q3 2025, showcasing Ribbon's commitment to delivering innovative solutions for network operators [3]. Technological Advancements - The NPT 2714 offers a "Pay As You Grow" model, allowing it to start as a 7.2Tbps router and upgrade to 14.4Tbps by adding a switching card [6]. - Security features include software-driven MACsec, ensuring availability across all network interfaces without hardware dependencies [6]. - The routers support coherent routing with IP and DWDM on a single platform, featuring 36 x 400G ZR+ coherent interfaces [6]. Company Overview - Ribbon Communications specializes in communications software and IP optical networking solutions, focusing on modernizing networks for improved competitive positioning [4]. - The company emphasizes its commitment to Environmental, Social, and Governance (ESG) matters, providing an annual Sustainability Report to stakeholders [4].