3.27
price down icon0.91%   -0.03
after-market  After Hours:  3.27 
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Ribbon Communications Inc stock is currently priced at $3.27, with a 24-hour trading volume of 232.05K. It has seen a -0.91% decreased in the last 24 hours and a +25.29% rose in the past month. The chart indicates a potential bearish trend, as the stock is below the $3.28 pivot point. If it approaches the $3.25 support level, significant changes may occur.
Previous Close:
$3.30
Open:
$3.29
24h Volume:
232.05K
Market Cap:
$564.78M
Revenue:
$819.84M
Net Income/Loss:
$-58.26M
P/E Ratio:
-9.0833
EPS:
-0.36
Net Cash Flow:
$9.32M
1W Performance:
+1.24%
1M Performance:
+25.29%
6M Performance:
+59.51%
1Y Performance:
+22.93%
1D Range:
Value
$3.26
$3.325
52W Range:
Value
$1.78
$3.65

Ribbon Communications Inc Stock (RBBN) Company Profile

Name
Name
Ribbon Communications Inc
Name
Phone
978-614-8100
Name
Address
4 Technology Park Drive, Westford, MA
Name
Employee
2,457
Name
Twitter
@ribboncomm
Name
Next Earnings Date
2024-06-04
Name
Latest SEC Filings
Name
RBBN's Discussions on Twitter

Ribbon Communications Inc Stock (RBBN) Upgrades & Downgrades

Date Action Analyst Rating Change
Jul-19-23 Initiated Craig Hallum Buy
Apr-10-23 Initiated JMP Securities Mkt Outperform
Jan-19-22 Resumed Northland Capital Outperform
Jan-26-21 Initiated B. Riley Securities Buy
Jun-15-20 Upgrade Northland Capital Market Perform → Outperform
Nov-14-19 Downgrade National Securities Buy → Neutral
Oct-31-19 Downgrade Northland Capital Outperform → Market Perform
View All

Ribbon Communications Inc Stock (RBBN) Financials Data

Ribbon Communications Inc (RBBN) Revenue 2024

RBBN reported a revenue (TTM) of $819.84 million for the quarter ending March 31, 2024, a -1.55% decline year-over-year.
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Ribbon Communications Inc (RBBN) Net Income 2024

RBBN net income (TTM) was -$58.26 million for the quarter ending March 31, 2024, a +12.27% increase year-over-year.
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Ribbon Communications Inc (RBBN) Cash Flow 2024

RBBN recorded a free cash flow (TTM) of $9.32 million for the quarter ending March 31, 2024, a +121.80% increase year-over-year.
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Ribbon Communications Inc (RBBN) Earnings per Share 2024

RBBN earnings per share (TTM) was -$0.35 for the quarter ending March 31, 2024, a +18.60% growth year-over-year.
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Ribbon Communications Inc. provides networked solutions in the United States, Europe, the Middle East, Africa, Japan, rest of the Asia Pacific, and internationally. The company offers service provider solutions, such as fixed network transformation, mobile network evolution, secure network interconnects, network functions virtualization, cloud communications, and communications security solutions that enables to modernize communications networks, as well as provides secure real-time communications software, hardware, and cloud-native solutions. Its enterprise solutions include unified communications (UC), Nortel private branch exchange evolution, UC security, contact centers, Microsoft Skype for Business, session management, and security and cloud communications solutions that allows enterprises to connect securely to SIP trunks and modernize communications networks. The company also offers solution and business consulting, system integration, deployment, and managed care services; and support services, such as managing software updates, hardware maintenance, hardware spare services and managed spares programs, and emergency assistance during disaster recovery. It serves telecommunications, wireless and cable service providers, and enterprises through direct sales and indirect channels. The company was formerly known as Sonus Networks, Inc. and changed its name to Ribbon Communications Inc. in November 2017. Ribbon Communications Inc. was founded in 1997 and is headquartered in Westford, Massachusetts.
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Cap:     |  Volume (24h):