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Stock impact report

Ribbon (RBBN) Q1 2026 Earnings Call Transcript [Globe and Mail, The (Toronto, Canada)]

Ribbon Communications Inc. (RBBN) 
Last ribbon communications inc. earnings: 2/19 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.ribboncommunications.com
President & Chief Executive Officer — Bruce McClelland Chief Financial Officer — John Townsend Incoming Chief Financial Officer — Rick Marmurek TAKEAWAYS Revenue -- $163 million, a decrease of 10% year over year, attributed mainly to weaker sales to service providers in both key segments and regions. Cloud and Edge Segment Revenue -- $100 million, down 8%, with service provider sales in this segment declining approximately 5% year over year, concentrated in the U.S. among smaller customers. IP Optical Networks Segment Revenue -- $63 million, a 14% year-over-year decrease, primarily driven by reduced Asia-Pacific sales and completion of a major European support contract. Gross Margin -- Consolidated non-GAAP gross margin was 45.8%, down 280 basis points, and approximately 300 basis points below expectations, mainly due to lower professional services revenue and higher service expenses. Non-GAAP Operating Expenses -- $87 million, up $1 million, with $4 million year-over Show less Read more
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