Ribbon Communications Inc (OQ:RBBN)
Business Focus: Communications & Networking
| Sector: Technology | Industry: Communications & Networking |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 6500 CHASE OAKS BOULEVARD PLANO TX 75023 |
| Tel: | N/A |
| Website: | https://ribboncommunications.com |
| IR: | See website |
| Key People | ||
| Bruce William Mcclelland President, Chief Executive Officer, Director | Miguel A. Lopez Chief Financial Officer, Executive Vice President | Sam Bucci Chief Operating Officer, Executive Vice President |
| Dan Redington Executive Vice President - Global Sales | Patrick W. Macken Executive Vice President, Chief Legal Officer, Corporate Secretary | Joni Roberts Senior Vice President, Chief Marketing Officer |
| Business Overview |
| Ribbon Communications, Inc. is a provider of communications technology to service providers and enterprises. The Company provides a range of software and high-performance hardware products, network solutions, and services that enable the secure delivery of data and voice communications, and high-bandwidth networking and connectivity. The Company operates through two segments. The Cloud and Edge segment provides secure and reliable software and hardware products, solutions and services for Voice over Internet Protocol communications, Voice over Long-Term Evolution and Voice Over G communications and Unified Communications and Collaboration within service providers and enterprises. The IP Optical Networks segment provides high-performance, secure solutions for IP networking and optical transport, supporting wireless networks, including G, metro and edge aggregation, core networking, data center interconnect, legacy network transformation and transport solutions for wholesale carriers. |
| Financial Overview |
| For the fiscal year ended 31 December 2023, Ribbon Communications Inc revenues increased 1% to $826.3M. Net loss decreased 33% to $66.2M. Revenues reflect IP Optical Networks segment increase of 12% to $348.7M, Other Asia Pacific segment increase of 11% to $167.1M, Europe, Middle East and Africa segment increase of 4% to $261.9M. Lower net loss reflects Other expense, net decrease of 92% to $3.8M (expense). |
| Employees: | 3,107 as of Dec 31, 2023 |
| Reporting Currency: | U.S. Dollars |
| Enterprise value: | $701.44M as of Dec 31, 2023 |
| Annual revenue (TTM): | $826.34M as of Dec 31, 2023 |
| EBITDA (TTM): | $67.40M as of Dec 31, 2023 |
| Net annual income (TTM): | -$66.21M as of Dec 31, 2023 |
| Free cash flow (TTM): | $7.61M as of Dec 31, 2023 |
| Net Debt Last Fiscal Year: | $259.29M as of Dec 31, 2023 |
| Shares outstanding: | 172,714,429 as of Apr 8, 2024 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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