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].

Financial Data and Key Metrics Changes - ADTRAN reported revenue of $247.7 million for Q1 2025, representing a year-over-year increase of $21.6 million or approximately 10% and a sequential increase of $4.9 million or 2% [23][24] - Non-GAAP gross margin was 42.6%, an increase of 146 basis points sequentially and 193 basis points year-over-year [27] - Non-GAAP operating profit was $10.1 million or 4.1% of revenue, compared to a non-GAAP operating profit of $6 million or 2.5% of revenue in Q4 2024 and an operating loss of $10.7 million in Q1 2024 [28] - Free cash flow for Q1 2025 was $22.9 million, a significant turnaround from negative $10.4 million in Q4 2024 [31] Business Line Data and Key Metrics Changes - Access and Aggregation Solutions generated revenue of $89.1 million, accounting for approximately 36% of total revenue, with a 10% year-over-year increase [25] - Optical Networking Solutions revenue was $78.2 million, representing a 4% year-over-year increase [25] - Subscriber Solutions revenue was $80.4 million, increasing 15% year-over-year [25] Market Data and Key Metrics Changes - Non-U.S. revenue accounted for 58% of total revenue, while U.S. revenue comprised 42% [26] - The U.S. market saw a 21% year-over-year increase in optical networking solutions, particularly from enterprise, government, and Internet content provider customers [14] Company Strategy and Development Direction - ADTRAN aims to strengthen its capital structure and enhance financial flexibility through the divestiture of non-core assets [32][36] - The company is focused on expanding its manufacturing capabilities and optimizing its supply chain to adapt to evolving trade policies [10][11] - ADTRAN's product portfolio is positioned to benefit from the growing demand for fiber infrastructure and AI-driven networking solutions [20] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the improving market conditions and anticipated continued revenue growth, particularly in Europe [19][36] - The company is actively managing the evolving tariff landscape and believes its supply chain strategy places it in a favorable position relative to peers [21][37] - Management expects revenue for Q2 2025 to range between $247.5 million to $262.5 million, with a non-GAAP operating margin of approximately 4% [38] Other Important Information - ADTRAN's cash and cash equivalents increased to $101.3 million, reflecting a significant improvement in liquidity [31] - The company is exploring options to monetize certain non-core assets, including corporate real estate, to strengthen its financial position [32] Q&A Session Summary Question: Outlook for growth across revenue segments - Management indicated that growth in Access and Aggregation was strong, while Subscriber Solutions faced supply-related challenges but is expected to improve [40][41] Question: Margin pressure in Q2 - Management confirmed that margin pressure is primarily due to operating expenses related to foreign exchange, not gross margin [45][46] Question: Customer pull-ins ahead of tariffs - Management noted minimal evidence of customer pull-ins and emphasized a cautious approach to inventory management [49][50] Question: Macro environment in Europe - Management highlighted strong demand in Europe, with significant opportunities for growth as large carriers expand their deployment plans [51][52] Question: Supply chain and component sourcing - Management confirmed that most supply chain contingencies have been moved outside of China, minimizing tariff impacts [70][72] Question: Competitive positioning and technological advantages - Management believes ADTRAN has a strong product offering, particularly in optical and fiber access solutions, and is well-positioned against competitors [76][78]

Financial Data and Key Metrics Changes - ADTRAN reported revenue of $247.7 million for Q1 2025, representing a year-over-year increase of $21.6 million or approximately 10% and a sequential increase of $4.9 million or 2% [23][24] - Non-GAAP gross margin was 42.6%, an increase of 146 basis points sequentially and 193 basis points year-over-year [26] - Non-GAAP operating profit was $10.1 million or 4.1% of revenue, compared to a non-GAAP operating profit of $6 million or 2.5% of revenue in Q4 2024 [27] - Free cash flow for Q1 2025 was $22.9 million, a significant turnaround from negative $10.4 million in Q4 2024 [30] Business Line Data and Key Metrics Changes - Access and Aggregation Solutions revenue was $89.1 million, approximately 36% of total revenue, increasing 10% year-over-year [24] - Optical Networking Solutions revenue was $78.2 million, or 32% of total revenue, growing 4% year-over-year [24] - Subscriber Solutions revenue was $80.4 million, also 32% of total revenue, increasing 15% year-over-year [24] Market Data and Key Metrics Changes - Non-U.S. revenue accounted for 58% of total revenue, while U.S. revenue comprised 42% [25] - The U.S. market saw a 21% year-over-year increase in optical networking solutions, particularly strong among enterprise, government, and Internet content provider customers [13] Company Strategy and Development Direction - The company aims to strengthen its capital structure and enhance financial flexibility through the divestiture of non-core assets [31][34] - ADTRAN is focusing on expanding its global customer base and enhancing its supply chain to navigate evolving trade policies [10][20] - The company is well-positioned to adapt to tariff impacts due to its diverse supply chain and operational flexibility [8][21] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the improving market conditions and anticipated continued revenue growth driven by strong customer demand for fiber-based broadband services [19][34] - The company expects revenue for Q2 2025 to range between $247.5 million to $262.5 million, with a non-GAAP operating margin between 4% [36] Other Important Information - The company has made significant progress in improving its working capital, with net working capital improving by $19.1 million quarter-over-quarter [28] - ADTRAN's product portfolio is described as stronger than ever, with a focus on fiber infrastructure growth and AI-driven networking [20] Q&A Session Summary Question: Outlook for revenue segments - Management indicated that growth in Access and Aggregation is expected to continue, while Optical and Subscriber segments are also anticipated to improve [38][40] Question: Margin pressure in Q2 - Management confirmed that margin pressure is primarily due to operating expenses influenced by foreign exchange rates, not gross margin [42][43] Question: Customer pull-ins ahead of tariffs - Management noted minimal evidence of customer pull-ins and emphasized a cautious approach to inventory management [46][47] Question: European market dynamics - Management highlighted strong demand in Europe, with significant opportunities for growth as large carriers expand their networks [48][50] Question: Supply chain and component sourcing - Management confirmed that most supply chain contingencies have been moved outside of China, minimizing tariff impacts [71][73] Question: Competitive positioning - Management believes ADTRAN has a technological advantage in fiber access and optical solutions, with a strong focus on software-based products [76][78]

Projecting Strong 1H25 with 5-8% YoY Revenue GrowthBacklog Increased 35% on Growing Service Provider DemandFederal and Enterprise Deal Timing Affected 1Q25 Results but Delivering in 2QPLANO, Texas, April 29, 2025 /PRNewswire/ -- Ribbon Communications Inc. (Nasdaq: RBBN), a leading supplier of real-time communications technology and IP optical networking solutions, today announced its financial results for the first quarter of 2025. Ribbon Communications is dedicated to assisting the world's largest service ...

ADTRAN (ADTN) Q4 2024 Earnings Call February 27, 2025 10:30 AM ET Company Participants Peter Schuman - VP - Investor RelationsTom Stanton - Chief Executive Officer and Chairman of the BoardUlrich Dopfer - Senior VP & CFO Conference Call Participants Mike Genovese - Senior Research AnalystChristian Schwab - Senior Research AnalystRyan Koontz - Senior AnalystTim Savageaux - MD & Senior Research AnalystAmira Manai - Equity Research Analyst Operator Good morning. My name is Rob, and I will be your conference op ...