Ribbon Communications Inc. financial data

Symbol
RBBN on Nasdaq
Industry
Services-Computer Integrated Systems Design
Location
6500 Chase Oaks Boulevard, Plano, TX
State of incorporation
DE
Fiscal year end
December 31
Former names
Sonus Networks, Inc. (to 11/28/2017), Solstice Sapphire Investments, Inc. (to 10/27/2017)
Latest financial report
10-Q - Q3 2024 - Oct 24, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 114 % -10.8%
Quick Ratio 22.3 % +1.46%
Debt-to-equity 165 % +9.38%
Return On Equity -12.8 % -14.1%
Return On Assets -4.82 % -8.07%
Operating Margin -2.94 % +50.2%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 175M shares +2.13%
Common Stock, Shares, Outstanding 175M shares +1.94%
Entity Public Float 199M USD -8.81%
Common Stock, Value, Issued 17K USD 0%
Weighted Average Number of Shares Outstanding, Basic 175M shares +2%
Weighted Average Number of Shares Outstanding, Diluted 175M shares +2%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 826M USD +0.8%
Revenue from Contract with Customer, Excluding Assessed Tax 809M USD -2.96%
Cost of Revenue 418M USD -0.14%
Research and Development Expense 180M USD -7.96%
Selling and Marketing Expense 136M USD -2.8%
General and Administrative Expense 65.4M USD +20.1%
Operating Income (Loss) 322K USD -208%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -47.7M USD +30.1%
Income Tax Expense (Benefit) 5.84M USD -65.2%
Net Income (Loss) Attributable to Parent -53.5M USD -1.37%
Earnings Per Share, Basic -0.32 USD/shares 0%
Earnings Per Share, Diluted -0.32 USD/shares 0%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 37.2M USD +52%
Accounts Receivable, after Allowance for Credit Loss, Current 249M USD +2.89%
Inventory, Net 77.3M USD +10.2%
Other Assets, Current 50M USD -6.78%
Assets, Current 417M USD +6.68%
Deferred Income Tax Assets, Net 69.8M USD +30%
Operating Lease, Right-of-Use Asset 30.7M USD -21.5%
Intangible Assets, Net (Excluding Goodwill) 199M USD -20.6%
Goodwill 301M USD 0%
Other Assets, Noncurrent 34M USD -0.86%
Assets 1.11B USD -0.61%
Accounts Payable, Current 78.9M USD +6.86%
Employee-related Liabilities, Current 37M USD +25.9%
Accrued Liabilities, Current 103M USD +15.6%
Contract with Customer, Liability, Current 95.8M USD -11%
Liabilities, Current 293M USD -9.95%
Contract with Customer, Liability, Noncurrent 16.8M USD -6.24%
Deferred Income Tax Liabilities, Net 5.62M USD +50.6%
Operating Lease, Liability, Noncurrent 33.2M USD -13.1%
Other Liabilities, Noncurrent 32.5M USD +6.46%
Liabilities 719M USD +6.13%
Accumulated Other Comprehensive Income (Loss), Net of Tax 8.11M USD -50.4%
Retained Earnings (Accumulated Deficit) -1.58B USD -3.51%
Stockholders' Equity Attributable to Parent 396M USD -10.9%
Liabilities and Equity 1.11B USD -0.61%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 13.1M USD +17.7%
Net Cash Provided by (Used in) Financing Activities -5.84M USD +80.6%
Net Cash Provided by (Used in) Investing Activities -2.66M USD -10.4%
Common Stock, Shares Authorized 240M shares 0%
Common Stock, Shares, Issued 175M shares +1.94%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 4.3M USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 40.1M USD +63.6%
Interest Paid, Excluding Capitalized Interest, Operating Activities 6.32M USD +32.9%
Deferred Tax Assets, Valuation Allowance 489M USD +0.05%
Deferred Tax Assets, Gross 618M USD +0.19%
Operating Lease, Liability 43.9M USD -17.5%
Depreciation 13.6M USD -4.06%
Payments to Acquire Property, Plant, and Equipment 2.51M USD +4.14%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -61.8M USD +2.54%
Lessee, Operating Lease, Liability, to be Paid 52.6M USD -17%
Operating Lease, Liability, Current 10.6M USD -28.6%
Lessee, Operating Lease, Liability, to be Paid, Year Two 9.31M USD +0.76%
Lessee, Operating Lease, Liability, to be Paid, Year One 11.1M USD -34.5%
Operating Lease, Weighted Average Discount Rate, Percent 0.07 pure +16.2%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 8.73M USD -14.5%
Lessee, Operating Lease, Liability, to be Paid, Year Three 7.99M USD +6.25%
Deferred Tax Assets, Operating Loss Carryforwards 398M USD -3.8%
Preferred Stock, Shares Issued 0 shares -100%
Preferred Stock, Shares Authorized 10M shares 0%
Unrecognized Tax Benefits 10.9M USD -8.91%
Lessee, Operating Lease, Liability, to be Paid, Year Four 6.45M USD -1.48%
Operating Lease, Payments 4.8M USD 0%
Preferred Stock, Shares Outstanding 0 shares -100%
Amortization of Intangible Assets 13.3M USD -9.53%
Deferred Tax Assets, Net of Valuation Allowance 129M USD +0.71%
Share-based Payment Arrangement, Expense 17M USD -23.4%
Preferred Stock, Par or Stated Value Per Share 0.01 USD/shares 0%