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Ribbon Communications Inc (RBBN.OQ)

RBBN.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

Ribbon Communications Inc. Q4 Gaap Loss Per Share $0.18
Thursday, 1 Mar 2018 07:01am EST 

March 1 (Reuters) - Ribbon Communications Inc ::. RELEASES FOURTH QUARTER 2017 FINANCIAL RESULTS.Q4 NON-GAAP EARNINGS PER SHARE $0.27.Q4 GAAP LOSS PER SHARE $0.18.Q4 REVENUE $170 MILLION.  Full Article

Ribbon Communications Expands Revolving Credit Facility To $100 Million
Thursday, 21 Dec 2017 03:55pm EST 

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 06:30am EST 

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 07:00am EDT 

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 07:30am EDT 

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, Genband say transaction on proposed merger expected to close in Q4
Monday, 25 Sep 2017 07:00am EDT 

Sept 25 (Reuters) - Sonus Networks Inc :Sonus and Genband provide update on proposed combination.Sonus Networks Inc - Transaction is expected to close in Q4 of 2017.  Full Article

Sonus Networks Inc qtrly ‍non-GAAP loss per share $0.02​
Thursday, 3 Aug 2017 07:00am EDT 

Aug 3 (Reuters) - Sonus Networks Inc :Sonus Networks reports 2017 second quarter results.Sees Q3 revenue $70 million to $72 million.Sonus Networks Inc qtrly ‍total revenue $55.7 million versus $60.9​ million.Sonus Networks Inc qtrly ‍GAAP loss per share $0.25​.Sonus Networks Inc qtrly ‍non-GAAP loss per share $0.02​.Sonus Networks Inc - ‍revising our outlook for full year revenue to be flat to a low single-digit percentage decline compared to 2016​.Sonus Networks Inc sees ‍ Q3 revenue $70 million to $72 million​.Sonus Networks Inc sees ‍Q3 GAAP diluted earnings per share $0.05 to $0.08​.Sonus Networks Inc sees ‍Q3 non-GAAP diluted EPS $0.17 to $0.20​.Sonus Networks Inc - ‍expect FY GAAP loss per share will approximate $0.46, non-GAAP diluted earnings per share will be $0.26.Q2 earnings per share view $-0.09, revenue view $53.9 million -- Thomson Reuters I/B/E/S.Q3 earnings per share view $0.15, revenue view $69.4 million -- Thomson Reuters I/B/E/S.FY2017 earnings per share view $0.23, revenue view $253.3 million -- Thomson Reuters I/B/E/S.  Full Article

Sonus, Genband to combine
Tuesday, 23 May 2017 06:30am EDT 

May 23 (Reuters) - Sonus Networks Inc ::Sonus and GENBAND to combine to create a global leader in real-time communications software solutions.Sonus Networks Inc - transaction values combined company at an enterprise value of approximately $745 million.Sonus Networks Inc - deal expected to be substantially accretive to Sonus' non-GAAP EPS in 2018.Sonus Networks Inc - deal projected to have annual cost synergies of $40-$50 million by end of 2018.Sonus Networks Inc - post-annualized synergies, combined co expected to generate at least $100 million in annual EBITDA, with 2020 EBITDA seen to be approximately $140 million.Sonus Networks Inc - transaction has been unanimously approved by boards of directors of both companies.Sonus Networks Inc - combined company will have an estimated net cash position of $40 million to $45 million at time of close.Sonus Networks Inc - combined company to issue about 50 million shares to Genband's equity owners and $22.5 million of consideration in form of an unsecured note.Sonus Networks Inc - Sonus and Genband shareholders will each own approximately 50% of combined company.Sonus Networks Inc says chief executive officer of combined company will be dolan.Sonus Networks Inc says Daryl Raiford, chief financial officer of Genband, will serve as chief financial officer of combined company.Sonus Networks Inc says board of combined company will have five representatives designated by Genband and four representatives designated by Sonus.  Full Article

Sonus Networks Q2 non-GAAP loss per share $0.10
Wednesday, 26 Apr 2017 07:01am EDT 

April 26 (Reuters) - Sonus Networks Inc :Sonus Networks reports 2017 first quarter results.Sees Q2 non-GAAP loss per share $0.10.Sees FY 2017 non-GAAP earnings per share $0.26.Qtrly total revenue $53.4 million versus. $59.2 million.Sonus Networks sees first half 2017 revenue will be about $107 million, with approximately $54 million in Q2..Sonus Networks Inc - looking forward to fiscal 2017, we maintain our previously provided guidance of flat to low single digit revenue growth versus. 2016.Sonus Networks Inc - expect a GAAP loss per share of $0.25 and maintain our outlook for non-GAAP diluted earnings per share of $0.26 for fiscal 2017.FY2017 earnings per share view $0.18, revenue view $250.1 million -- Thomson Reuters I/B/E/S.Qtrly non-GAAP loss per share $0.09.Qtrly GAAP loss per share $0.22.Q1 earnings per share view $-0.13, revenue view $52.1 million -- Thomson Reuters I/B/E/S.  Full Article