2.58
price up icon0.39%   +0.01
after-market  After Hours:  2.58 
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Ribbon Communications Inc stock is currently priced at $2.58, with a 24-hour trading volume of 531.16K. It has seen a +0.39% increased in the last 24 hours and a -8.51% declined in the past month. The chart indicates a potential bearish trend, as the stock is below the $2.60 pivot point. If it approaches the $2.53 support level, significant changes may occur.

Ribbon Communications Inc Stock (RBBN) Financials Data

Ribbon Communications Inc (RBBN) Revenue 2024

RBBN reported a revenue (TTM) of $826.34 million for the quarter ending December 31, 2023, a +0.80% rise year-over-year.
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Ribbon Communications Inc (RBBN) Net Income 2024

RBBN net income (TTM) was -$66.21 million for the quarter ending December 31, 2023, a +32.50% increase year-over-year.
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Ribbon Communications Inc (RBBN) Cash Flow 2024

RBBN recorded a free cash flow (TTM) of $7.61 million for the quarter ending December 31, 2023, a +119.05% increase year-over-year.
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Ribbon Communications Inc (RBBN) Earnings per Share 2024

RBBN earnings per share (TTM) was -$0.40 for the quarter ending December 31, 2023, a +40.30% growth year-over-year.
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Ribbon Communications Inc Stock (RBBN) Insider Trading

Insider Trading Relationship Date Transaction Cost #Shares Value ($) #Shares Total
GRAYSON BRUNS H
Director
Mar 15 '24
Buy
2.89
100,000
289,000
590,175
LOPEZ MIGUEL A
EVP, CFO
Mar 15 '24
Buy
2.90
2,000
5,798
280,875
LOPEZ MIGUEL A
EVP, CFO
Mar 05 '24
Buy
2.98
1,000
2,979
278,875
LOPEZ MIGUEL A
EVP, CFO
Mar 05 '24
Buy
2.88
1,000
2,880
276,875
LOPEZ MIGUEL A
EVP, CFO
Mar 04 '24
Buy
2.92
1,000
2,917
277,875
McClelland Bruce William
President & CEO
Mar 01 '24
Buy
3.02
9,900
29,901
1,161,863
Macken Patrick W
EVP, CLO & Secretary
Feb 28 '24
Sale
3.07
42,094
129,102
161,948
Redington Dan
EVP, Global Sales
Feb 26 '24
Sale
3.10
34,452
106,660
66,839
Redington Dan
EVP, Global Sales
Feb 23 '24
Sale
3.09
23,964
74,116
101,291
Redington Dan
EVP, Global Sales
Feb 21 '24
Sale
3.20
7,584
24,270
125,255
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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