Ribbon Communications is rated Buy with a $3 price target, driven by optical networking backlog growth and strategic AI partnerships. RBBN's optical segment backlog rose 60% YTD, with a 1.6x book-to-bill, signaling robust future demand despite near-term Verizon CapEx delays. Management cut 2023 guidance to $810–$840M revenue and $78–$88M adjusted earnings, reflecting telecom CapEx deferrals and subsidy slowdowns.
Ribbon Communications Inc. (RBBN) Q2 2026 Earnings Call Transcript
Ribbon Communications (RBBN) came out with a quarterly loss of $0.03 per share versus the Zacks Consensus Estimate of a loss of $0.01. This compares to earnings of $0.05 per share a year ago.
| Communications Equipment Industry | Information Technology Sector | Bruce W. McClelland CEO | XFRA Exchange | 762544104 CUSIP |
| US Country | 3,080 Employees | - Last Dividend | 10 Oct 2000 Last Split | 25 May 2000 IPO Date |
Ribbon Communications Inc. is a global provider of communication technology solutions headquartered in Plano, Texas. Founded in 1997 as Sonus Networks, Inc., the company rebranded to Ribbon Communications Inc. in November 2017. It offers an extensive range of products and services catering to voice over internet protocol (VoIP) communications, unified communications, and collaboration through its operations in the United States, Europe, the Middle East, Africa, the Asia Pacific, and internationally. Ribbon Communications operates through two main segments: Cloud and Edge, and IP Optical Networks, addressing the needs of various industries including utilities, government, defense, finance, transportation, education, research, service providers, and enterprises.
Cloud and Edge: This segment specializes in software and hardware solutions designed for VoIP communications, voice over long-term evolution (VoLTE), and voice over 5G communications. It encompasses unified communications and collaboration services and includes:
IP Optical Networks: Offers hardware and software products and solutions for IP networking, switching, routing, and optical transport. This segment is designed to support technologies such as 5G, distributed cloud computing, and various applications. It features: