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Ribbon Communications Inc (RBBN.OQ)

RBBN.OQ on NASDAQ Stock Exchange Global Select Market

6.68USD
20 Jun 2018
Change (% chg)

$0.14 (+2.14%)
Prev Close
$6.54
Open
$6.55
Day's High
$6.68
Day's Low
$6.48
Volume
5,752
Avg. Vol
161,261
52-wk High
$9.02
52-wk Low
$4.97

Latest Key Developments (Source: Significant Developments)

Ribbon Continues to Pursue Legal Remedies against Metaswitch
Thursday, 19 Apr 2018 

April 18 (Reuters) - Ribbon Communications Inc ::RIBBON COMMUNICATIONS ANNOUNCED THAT ITS SUBSIDIARY FILED A PATENT INFRINGEMENT LAWSUIT AGAINST METASWITCH IN UNITED STATES DISTRICT COURT.CONTINUES TO PURSUE LEGAL REMEDIES AGAINST METASWITCH.  Full Article

Ribbon Communications Expands Revolving Credit Facility To $100 Million
Friday, 22 Dec 2017 

Ribbon Communications Inc ::RIBBON COMMUNICATIONS EXPANDS REVOLVING CREDIT FACILITY TO $100 MILLION.RIBBON COMMUNICATIONS - REVOLVING CREDIT FACILITY HAS POTENTIAL TO INCREASE TO $150 MILLION.RIBBON COMMUNICATIONS - CREDIT AGREEMENT SCHEDULED TO MATURE IN DEC. 2021.  Full Article

Ribbon Communications Names Fritz Hobbs CEO
Thursday, 14 Dec 2017 

Dec 14 (Reuters) - Ribbon Communications Inc ::RIBBON COMMUNICATIONS NAMES FRITZ HOBBS PRESIDENT AND CHIEF EXECUTIVE OFFICER.RIBBON COMMUNICATIONS - APPOINTMENT OF HOBBS FOLLOWS RESIGNATION OF RAY DOLAN AS PRESIDENT AND CEO AND AS A DIRECTOR OF CO.  Full Article

Sonus Networks says qtrly earnings per share ‍$0.07​
Monday, 30 Oct 2017 

Oct 30 (Reuters) - Sonus Networks Inc -:Sonus Networks releases third quarter 2017 financial results.Sonus Networks Inc - qtrly earnings per share ‍$0.07​.Sonus Networks Inc - qtrly adjusted earnings per share ‍$0.26​.Sonus Networks Inc qtrly ‍total revenue $74.6 million versus $65.0 million ​.Q3 earnings per share view $0.25, revenue view $73.8 million -- Thomson Reuters I/B/E/S.Sonus Networks Inc - sees ‍FY17 adjusted earnings per share from Sonus and GENBAND combined $0.41 to $0.50​.  Full Article

Sonus Networks announces preliminary third quarter 2017 financial results
Friday, 13 Oct 2017 

Oct 13 (Reuters) - Sonus Networks Inc ::Sonus Networks announces preliminary third quarter 2017 financial results.Sonus Networks Inc sees ‍total revenue $74.5 million​ for Q3 2017.Sonus Networks Inc - sees ‍Q3 earnings per share $0.06 to $0.07​.Sonus Networks Inc - sees Q3 ‍non-gaap earnings per share $0.25 to $0.26​.Sonus Networks Inc sees Q3 adjusted earnings per share ‍$0.25 to $0.26​.Q3 earnings per share view $0.18, revenue view $70.8 million -- Thomson Reuters I/B/E/S.Sonus Networks Inc - co continues to expect full year results in line with upper end of guidance originally provided on August 3, 2017​.Sonus Networks Inc - ‍remain "committed" to attaining $40 to $50 million of annual cost savings anticipated when we announced plans in May​.  Full Article

Sonus Networks reports qtrly adj. earnings per share $0.09
Wednesday, 15 Feb 2017 

Sonus Networks Inc : Sonus Networks reports 2016 fourth quarter and full year results . Qtrly loss per share $0.05 . Qtrly adjusted earnings per share $0.09 . Qtrly total revenue $67.6 million versus $76.3 million . Q4 earnings per share view $0.05, revenue view $67.8 million -- Thomson Reuters I/B/E/S . Sonus Networks Inc - "looking forward to 2017, we see another year of flat to low single digit revenue growth" . Sonus Networks Inc - "expect our first half revenue to be approximately $105 million, with approximately $52 million in our q1" . Sonus Networks Inc - expect a GAAP loss per share of $0.35 and non-gaap diluted earnings per share of $0.26 for 2017 .FY 2017 earnings per share view $0.27, revenue view $261.5 million -- Thomson Reuters I/B/E/S.  Full Article

Sonus Networks Q2 non-gaap earnings per share $0.08
Wednesday, 27 Jul 2016 

Sonus Networks Inc : Sonus Networks reports 2016 second quarter results . Sees q3 gaap loss per share $0.07 to $0.06; . sees FY gaap loss per share $0.22 to $0.18 . FY2016 earnings per share view $0.31, revenue view $261.4 million -- Thomson Reuters I/B/E/S . Q2 non-gaap earnings per share $0.08 . Q2 gaap loss per share $0.06 . Q2 revenue $60.9 million versus I/B/E/S view $59.7 million . Q2 earnings per share view $0.03 -- Thomson Reuters I/B/E/S . Expects to record between $3 million and $4 million of restructuring expense over next twelve months . Action to result in expected annual savings of approximately $6 million to $8 million . Sees q3 total company revenue $63 million to $65 million; sees FY revenue $257 million to $263 million . Sees q3 non-gaap diluted earnings per share $0.08 to $0.09 . Sees FY non-gaap diluted earnings per share $0.35 to $0.39 .Q3 earnings per share view $0.09, revenue view $67.0 million -- Thomson Reuters I/B/E/S.  Full Article