Ribbon Communications Inc. - RBBN STOCK NEWS

Ribbon Communications Inc. (Nasdaq: RBBN) has announced that Tbaytel, Canada's largest independently owned telecommunications provider, is implementing key components from Ribbon's voice core solutions to modernize its communications network. The deployment includes the Virtual C20 Call Controller, G6 Media Gateway, Diameter Signaling Controller, Policy and Routing Server, and STIR/SHAKEN solutions. This modernization aims to enhance voice services while reducing operational costs significantly. Tbaytel's decision follows a successful proof of concept, highlighting Ribbon's strong service capabilities.

Ribbon Communications (Nasdaq: RBBN), a leader in real-time communications software and IP optical transport solutions, will present at the Oppenheimer 24th Annual Technology, Internet and Communications Conference from August 9-11, 2021. Key executives, including Bruce McClelland and Mick Lopez, will speak at 9:55 am Eastern Time on August 11. The presentation will be available via a live webcast, with a replay accessible on the company’s Investor Relations website.

Ribbon Communications (RBBN) reported robust financial results for Q2 2021, with revenue of $211 million, marking a slight increase from $210 million in Q2 2020. Adjusted EBITDA surged by 60% year-over-year, while non-GAAP diluted EPS rose 133% to $0.17. The company noted a 10% revenue growth in the first half of 2021 compared to 2020, driven by significant IP Optical wins with major clients. However, sales in India were affected by COVID-19 disruptions. The outlook for Q3 2021 anticipates revenue between $215 million and $225 million, maintaining full-year earnings guidance of $0.49 to $0.54 per share.

Ribbon Communications (Nasdaq: RBBN) announced that Rogers Communications has selected its optical networking solutions to upgrade its transport network, marking a significant step for the company. This deployment utilizes 400G ZR+ technology, enabling Rogers to modernize its network while enhancing capacity and performance. The partnership emphasizes reducing costs and power consumption through innovative technology. Ribbon's Apollo and MUSE platforms will facilitate efficient service creation and network optimization, helping Rogers maintain its leadership in 5G services across Canada.

Ribbon Communications Inc. (Nasdaq: RBBN) will announce its second-quarter financial results on July 28, 2021, after the market closes. Following the announcement, the company will hold a conference call for investors at 4:30 p.m. ET. Interested parties can access a live webcast through the investor relations section of their website. The replay will be available until August 11, 2021. Ribbon Communications provides real-time communication software and IP optical transport solutions globally.

Ribbon Communications Inc. (Nasdaq: RBBN) announced that Intrado, a leader in technology-enabled services, has selected its Ribbon Call Trust™ for STIR/SHAKEN compliance to protect against fraud and robocalls. The solution validates caller identity and is crucial for compliance with the FCC's mandate for US service providers to implement STIR/SHAKEN by June 30, 2021. Ribbon's technology includes Session Border Controllers, Media Gateways, and Policy Routing Servers, which provide necessary functions to enhance enterprise customer security.

Ribbon Communications (Nasdaq: RBBN) has partnered with Tombigbee Electric Cooperative and KGPCo to enhance broadband access in rural Northwest Alabama. Utilizing funding from the Rural Digital Opportunity Fund (RDOF) and CARES Act, the project aims to provide ultra-high-speed internet to previously underserved areas. Ribbon's Apollo IP Optical transport technology will enable efficient network transport, enhancing security and lowering costs. The initiative aims to create a Gigabit Ethernet Zone, significantly improving internet access for Tombigbee's member customers.

Ribbon Communications (Nasdaq: RBBN) has launched the TM400_2 line card, part of its Apollo optical networking portfolio. This new technology utilizes 400G ZR+ capabilities to enhance cost efficiency and network flexibility for metro and long-haul applications. The TM400_2 operates in both independent wavelength and dual carrier modes, offering significant operational advantages over traditional 800G solutions. With rising traffic demands, this innovative transport solution positions Ribbon favorably in the market.

Ribbon Communications (RBBN) has announced that its Session Border Controller 5400 has received certification from the U.S. Department of Defense for secure deployments within Microsoft Teams across all DoD agencies. This Joint Interoperability Test Command (JITC) certification confirms its quality, security, and reliability standards. The SBC 5400 uniquely supports up to 75,000 concurrent sessions and enhances secure communication features for DoD employees, reinforcing Ribbon's ongoing partnership with Microsoft.