Ribbon Communications Stock Price, News & Analysis

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.

Ribbon Communications (Nasdaq: RBBN), a leader in real-time communications software and IP optical transport solutions, will present at two significant investor conferences. The first is the J.P. Morgan Global Technology, Media and Communications Conference from May 24-26, 2021, featuring a fireside chat with CEO Bruce McClelland and CFO Mick Lopez on May 25 at 9:30 am ET. The second is the Cowen Annual Technology, Media & Telecom Conference from June 1-3, 2021, with a presentation at 3:10 pm ET on June 1. Webcasts will be available on their investor relations site.

Ribbon Communications (RBBN) reported a 22% increase in revenue for Q1 2021, totaling $193 million, up from $158 million in Q1 2020. This growth included a $37 million revenue contribution from ECI Telecom. However, the company faced a GAAP net loss of $45 million, which included a $24 million non-cash loss linked to its investment in AVCT. Non-GAAP net income was $5 million, with a diluted EPS of $0.03. For Q2 2021, RBBN expects revenue between $215 million and $225 million, and maintains a full-year revenue guidance of $925 million to $945 million.

On April 26, 2021, Ribbon Communications (Nasdaq: RBBN) announced a partnership with Pineland Telephone Cooperative to enhance its communications network using Ribbon's Apollo and Neptune IP Optical solutions. This upgrade aims to expand network capacity and accommodate growth in demand for gigabit internet services in South Georgia. Pineland's General Manager, Dustin Durden, emphasized Ribbon’s trusted relationship and the critical role of its Professional Services in the project. The upgrade will modernize Pineland's network and improve customer experience.

Ribbon Communications (Nasdaq: RBBN) has earned a prestigious 5-star rating for its partner program in the 2021 CRN Partner Program Guide. This evaluation recognizes companies that excel in channel support, profitability, and comprehensive offerings. The program is designed to assist service providers and enterprises to modernize their networks effectively. The CEO of Cloud Revolution praised Ribbon for its innovative solutions and support. This recognition underscores Ribbon's commitment to delivering cutting-edge communication solutions to a broad market.

Ribbon Communications (Nasdaq: RBBN) will report its first quarter 2021 financial results on April 28, 2021, after market close. A conference call for investors is scheduled for 4:30 p.m. ET on the same day to discuss the results. The call will be accessible via live webcast, with a replay available shortly after. Investors can dial in using the provided numbers, and a replay will be accessible until May 12, 2021. Ribbon specializes in real-time communications software and IP optical transport solutions for various sectors.

Ribbon Communications (Nasdaq: RBBN) announced that its Apollo 9901X and TM 400_2 have received high scores from the 2021 Lightwave Innovation Reviews.

This recognition highlights Ribbon's commitment to innovative optical transport solutions, offering scalable, energy-efficient products. The Apollo 9901X allows for high-speed service provisioning using a single 100G wavelength. The TM 400_2 supports dual 400G muxponder capabilities, optimizing transport for 100GbE and 400GbE services.