Ribbon Communications Inc. Reports Fourth Quarter and Full Year 2023 Financial Results [Yahoo! Finance]
Ribbon Communications Inc. (RBBN)
Last ribbon communications inc. earnings: 2/19 04:05 pm
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Source: Yahoo! Finance
PLANO, Texas Feb. 14, 2024 /PRNewswire/ -- Ribbon Communications Inc. (Nasdaq: RBBN), a global provider of real time communications technology and IP optical networking solutions to many of the world's largest service providers, enterprises, and critical infrastructure operators to modernize and protect their networks, today announced its financial results for the fourth quarter and full year 2023. Revenue for the fourth quarter of 2023 was $226 million , compared to $234 million for the fourth quarter of 2022 and $203 million for the third quarter of 2023. Revenue for full year 2023 was $826 million , compared to $820 million for full year 2022. Full Year GAAP Loss from Operations improved $24 million to ($24) million . Adjusted non-GAAP EBITDA also improved $27 million to $91 million "I am very pleased with the significant improvement we have made in profitability in 2023 with higher margins in both of our segments and reduced operating expenses. Earnings on an adjusted EBITDA
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RBBN
News
- Ribbon Communications Inc. (NASDAQ: RBBN) is now covered by analysts at JMP Securities. They set a "mkt outperform" rating and a $6.00 price target on the stock.MarketBeat
- Ribbon and SURF Achieve Interoperable 2x400GbE Transport via Single 800G Wavelength over Brownfield 1,650km Amsterdam-Geneva Link [Yahoo! Finance]Yahoo! Finance
- Ribbon and SURF Achieve Interoperable 2x400GbE Transport via Single 800G Wavelength over Brownfield 1,650km Amsterdam-Geneva LinkPR Newswire
- Ribbon and SURF Achieve Interoperable 2x400GbE Transport via Single 800G Wavelength over Brownfield 1,650km Amsterdam-Geneva LinkPR Newswire
- Ribbon and SURF Achieve Interoperable 2x400GbE Transport via Single 800G Wavelength over Brownfield 1,650km Amsterdam-Geneva LinkPR Newswire
RBBN
Earnings
- 4/24/24 - Beat
RBBN
Sec Filings
- 4/24/24 - Form 8-K
- 4/19/24 - Form 4
- 4/19/24 - Form 4
- RBBN's page on the SEC website