OverviewSuggest Edit

Ribbon Communications is a company providing global communications software and network solutions to service providers, enterprises, and critical infrastructure sectors. It offers optical and packet systems, domain orchestration products, session border controllers, media gateways, call controllers, policy and routing, signaling, network functions virtualization, as well as identity assurance, application platforms and clients, analytics, etc. The company was formed as a result of a merger between Sonus Networks and GENBAND.
TypePublic
Founded2017
HQPlano, TX, US
Websiteribboncommunications.com
Employee Ratings3.3
Overall CultureB

Latest Updates

Employees (est.) (Dec 2020)3,784(+72%)
Job Openings66
Revenue (FY, 2020)$843.8 M(+50%)
Share Price (Jun 2021)$8.1(+3%)
Cybersecurity ratingBMore

Key People/Management at Ribbon Communications

Bruce McClelland

Bruce McClelland

President, CEO & Director
Miguel Lopez

Miguel Lopez

EVP, Chief Financial Officer
Sam Bucci

Sam Bucci

EVP & General Manager, IP Optical Networks Business Unit
Tom Berry

Tom Berry

Vice President of Investor Relations
John MacArio

John MacArio

Senior Vice President of Channel Marketing, Ribbon
Bita Milanian

Bita Milanian

SVP, Global Marketing
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Ribbon Communications Office Locations

Ribbon Communications has offices in Plano, Fort Lauderdale, Freehold, Gaithersburg and in 48 other locations
Plano, TX, US (HQ)
6500 Chase Oaks Blvd #100
Fort Lauderdale, FL, US
5100 NW 33rd Ave # 150
Freehold, NJ, US
3 Paragon Way
Gaithersburg, MD, US
6 Montgomery Village Ave
Morrisville, NC, US
5927 S Miami Blvd #150
New York, NY, US
250 Park Ave 7th floor, suite 7052
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Ribbon Communications Financials and Metrics

Ribbon Communications Revenue

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Ribbon Communications's revenue was reported to be $843.8 m in FY, 2020
USD

Revenue (FY, 2020)

843.8m

Gross profit (FY, 2020)

493.1m

Gross profit margin (FY, 2020), %

58.4%

Net income (FY, 2020)

88.6m

EBIT (FY, 2020)

1.7m

Market capitalization (11-Jun-2021)

1.2b

Closing stock price (11-Jun-2021)

8.1

Cash (31-Dec-2020)

128.4m

EV

1.6b
Ribbon Communications's current market capitalization is $1.2 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Revenue

276.7m296.3m249.0m252.6m329.9m577.9m563.1m843.8m

Revenue growth, %

9%7%(16%)1%31%

Cost of goods sold

59.2m60.3m87.4m85.0m128.4m269.6m246.0m350.7m

Gross profit

217.5m236.0m161.7m167.6m201.5m308.3m317.1m493.1m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

68.1m70.7m75.6m73.2m50.1m54.7m67.9m59.2m60.9m65.0m53.4m55.7m74.6m121.2m137.4m152.5m118.9m145.4m137.7m158.0m120.9m128.9m

Cost of goods sold

25.8m24.3m28.3m25.3m20.9m20.3m22.2m20.7m20.6m21.4m19.6m19.3m20.1m65.9m62.3m70.2m62.3m64.7m58.8m76.4m61.5m70.2m

Gross profit

42.3m46.4m47.3m47.9m29.2m34.4m45.7m38.4m40.2m43.6m33.7m36.4m54.5m55.3m75.1m82.2m56.6m80.7m78.9m81.6m59.3m58.7m

Gross profit Margin, %

62%66%63%65%58%63%67%65%66%67%63%65%73%46%55%54%48%55%57%52%49%46%
Annual
USDY, 2009Y, 2010Y, 2011Y, 2012Y, 2013Y, 2014Y, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Cash

125.3m62.5m105.5m88.0m72.4m41.2m50.1m31.9m57.1m43.7m44.6m128.4m

Accounts Receivable

64.5m62.9m51.5m53.9m165.2m187.9m192.7m237.7m

Prepaid Expenses

17.0m27.1m

Inventories

21.8m22.1m23.1m18.3m21.3m22.6m14.8m45.8m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

72.4m71.8m61.3m50.9m18.1m34.1m44.8m42.6m36.3m32.6m31.9m32.6m51.3m58.6m33.4m36.0m43.9m51.2m40.4m96.8m81.0m103.7m

Accounts Receivable

125.5m136.4m150.7m134.8m155.4m163.0m205.8m204.6m207.8m

Prepaid Expenses

22.2m22.0m19.8m20.4m27.5m29.9m

Inventories

22.1m24.2m23.5m22.0m25.1m25.7m24.2m22.5m20.7m20.8m17.7m16.8m16.3m21.4m19.0m21.7m18.9m16.5m14.1m67.1m58.0m51.0m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Net Income

(22.1m)(16.9m)(31.9m)(13.9m)(35.3m)(76.8m)(130.1m)88.6m

Depreciation and Amortization

12.0m8.0m8.5m49.7m49.2m78.1m

Inventories

4.2m5.4m(1.0m)4.9m5.8m993.0k7.8m11.8m

Accounts Payable

(555.0k)(3.8m)(1.3m)(821.0k)13.4m(6.1m)(16.3m)(49.6m)
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

(22.4m)(4.0m)(9.4m)(14.7m)(19.4m)(34.7m)(36.6m)(4.7m)(7.6m)(11.3m)(10.6m)(44.9m)(64.8m)(75.0m)(30.8m)18.6m20.3m(33.2m)(41.4m)(35.2m)

Depreciation and Amortization

12.3m24.3m37.7m11.9m24.6m36.8m14.3m29.0m45.4m

Inventories

3.3m2.3m4.4m5.9m(3.0m)(3.6m)(2.1m)(1.2m)844.0k2.8m17.7m(412.0k)2.1m2.8m3.7m6.2m8.4m4.5m773.0k6.3m

Accounts Payable

5.1m(1.6m)(620.0k)(4.3m)(2.1m)(2.0m)(2.3m)(1.6m)(1.7m)(2.9m)6.0m(9.0m)(13.9m)(7.7m)(7.0m)(12.8m)(20.3m)(27.0m)(41.5m)(54.5m)
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Ribbon Communications Operating Metrics

Ribbon Communications's New Customers was reported to be 160 in Q1, 2017. Ribbon Communications's Customers was reported to be 695 in Jun, 2017. Ribbon Communications's Backlog was reported to be $123m in FY, 2016.
Q1, 2014Q2, 2014Q3, 2014Q4, 2014FY, 2014Q1, 2015Q2, 2015Q3, 2015Q4, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016Q4, 2016FY, 2016Q1, 2017Jun, 2017

Backlog

$101 m$114 m$123 m

Countries

22

Customers

612798718806695624664698640691698773822695

New Customers

173227228228168150150155623131151145156583160
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Ribbon Communications Acquisitions / Subsidiaries

Company NameDateDeal Size
ECI TelecomNovember 14, 2019$463 m

Ribbon Communications Revenue Breakdown

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Ribbon Communications revenue breakdown by business segment: 54.9% from Product and 45.1% from Service

Ribbon Communications revenue breakdown by geographic segment: 66.0% from United States, 14.0% from Europe, Middle East and Africa, 7.0% from Japan, 7.0% from Other Asia Pacific and 6.0% from Other

Ribbon Communications Cybersecurity Score

Cybersecurity ratingPremium dataset

B

83/100

SecurityScorecard logo

Ribbon Communications Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

Ribbon Communications Online and Social Media Presence

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Ribbon Communications Company Culture

  • Overall Culture

    B

    72/100

  • CEO Rating

    B

    70/100

  • Compensation

    A+

    98/100

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Ribbon Communications News and Updates

Ribbon Communications Appoints Sam Bucci as Executive Vice President & General Manager, Packet Optical Networks

WESTFORD, Mass., Sept. 14, 2020 /PRNewswire/ -- Ribbon Communications Inc. (Nasdaq: RBBN), a global provider of real time communications software and packet and optical transport solutions to service providers, enterprises, and critical infrastructure sectors, today announced the...

Ribbon Communications Announces Three New Appointments to its Board of Directors

WESTFORD, Mass., June 23, 2020 /PRNewswire/ -- Ribbon Communications Inc. (Nasdaq: RBBN), a global provider of real time communications software and network solutions to service providers, enterprises, and critical infrastructure sectors, today announced three new appointments to the...

Ribbon Communications to Host Tech Talk to Discuss Optical Portfolio and Strategy

WESTFORD, Mass., March 5, 2020 /PRNewswire/ -- Ribbon Communications Inc. (Nasdaq: RBBN), a global communications software and network solutions provider to service providers, enterprises and industry verticals with critical infrastructures, today announced that Kevin Riley, Chief...

Ribbon Communications and Metaswitch Reach Agreement Resolving Lawsuits

WESTFORD, Mass., April 25, 2019 /PRNewswire/ -- Ribbon Communications Inc. (Nasdaq: RBBN), a global software leader in secure and intelligent cloud communications, today announced that Ribbon, Metaswitch Networks Corporation and Metaswitch Networks Ltd. have agreed to a mediation...

Ribbon Communications Signs Agreement to Acquire Business and Technology Assets of Anova Data

WESTFORD, Mass., Feb. 4, 2019 /PRNewswire/ -- Ribbon Communications Inc. (Nasdaq: RBBN), a global software leader in secure and intelligent cloud communications, today announced that it has agreed to purchase the business and technology assets of Anova Data, Inc., a leading provider of...

RIBBON COMMUNICATIONS SHAREHOLDER ALERT: CLAIMSFILER Reminds Investors with Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Ribbon Communications, Inc. - RBBN

NEW ORLEANS, Dec. 21, 2018 /PRNewswire/ -- ClaimsFiler, a FREE shareholder information service, reminds investors that they have until January 7, 2019 to file lead plaintiff applications in a securities class action lawsuit against Ribbon Communications, Inc. (NasdaqGS: RBBN) formerly...
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Ribbon Communications Blogs

Five Phases of Communications Transformation

Five Phases of Communications Transformation Kevin Riley CTO & EVP, Advanced R&D, Ribbon …

Kandy Powers Hong Kong Broadband Networks’ New Global Talk App

Kandy Powers Hong Kong Broadband Networks’ New Global Talk App Enables fast development and deployment of innovative, customized applications October 25, 2018 WESTFORD, Ma…

Ribbon Employees Give Back to Local Communities during “Ribbon Day” with Planned Volunteer Activities around the World

Ribbon Employees Give Back to Local Communities during “Ribbon Day” with Planned Volunteer Activities around the World Team members in all regions celebrate company’s commitment to community volunteerism by assisting and s…

Ribbon Named Company of the Year, Enterprise (Telecommunications) in the 2018 BIG Business Awards

Ribbon Named Company of the Year, Enterprise (Telecommunications) in the 2018 BIG Business Awards October 11, 2018 WESTFORD, Mass. – Ribbon Communications Inc. (Nasdaq: RBBN), a global leader in secure…

Ribbon to Showcase its Session Border Controller Portfolio for Microsoft Teams Direct Routing at Microsoft Ignite

Ribbon to Showcase its Session Border Controller Portfolio for Microsoft Teams Direct Routing at Microsoft Ignite Certified Session Border Controller for Microsoft Teams now includes Media Bypass support for improved voice…

Kandy CPaaS: Helping Service Providers participate in a Multi-Billion Dollar Growing Market Opportunity (Part 1 of 2)

Kandy CPaaS: Helping Service Providers participate in a Multi-Billion Dollar Growing Market Opportunity (Part 1 of 2) Sanjay Bhatia VP, Solu…
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Ribbon Communications Frequently Asked Questions

  • When was Ribbon Communications founded?

    Ribbon Communications was founded in 2017.

  • Who are Ribbon Communications key executives?

    Ribbon Communications's key executives are Bruce McClelland, Miguel Lopez and Sam Bucci.

  • How many employees does Ribbon Communications have?

    Ribbon Communications has 3,784 employees.

  • What is Ribbon Communications revenue?

    Latest Ribbon Communications annual revenue is $843.8 m.

  • What is Ribbon Communications revenue per employee?

    Latest Ribbon Communications revenue per employee is $223 k.

  • Who are Ribbon Communications competitors?

    Competitors of Ribbon Communications include Intracom Telecom, Alcatel-Lucent Enterprise and Sinch.

  • Where is Ribbon Communications headquarters?

    Ribbon Communications headquarters is located at 6500 Chase Oaks Blvd #100, Plano.

  • Where are Ribbon Communications offices?

    Ribbon Communications has offices in Plano, Fort Lauderdale, Freehold, Gaithersburg and in 48 other locations.

  • How many offices does Ribbon Communications have?

    Ribbon Communications has 55 offices.