Ribbon Communications (RBBN)

Network Equipment Technologies, Inc. • Ribbon Communications Operating Company, Inc. • Ribbon Communications Federal Inc. • Sonus Networks, Inc. • GENBAND Inc. • ECI de Argentina S.A. • Ribbon Communications Australia Pty Ltd • Ribbon Communications do Brasil Ltda. • Ribbon Communications Canada ULC • Ribbon Networks Communications Chile Limitada ...

RBBN stock data

1M 3M 6M 1Y

Analyst ratings and price targets

Last 3 months

Average target

$5.50

Low target

$5.00

High target

$6.00

Northland Capital Markets

Latest filings (excl ownership)

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S-8

Registration of securities for employees

24 Oct 24

Ribbon Communications Inc. Reports Third Quarter 2024 Financial Results

23 Oct 24

8-K

Departure of Directors or Certain Officers

29 Jul 24

Ribbon Communications Inc. Reports Second Quarter 2024 Financial Results

24 Jul 24

8-K

Ribbon Communications Inc. Announces Closing of New $385 Million Senior Secured Credit Facility

24 Jun 24

8-K

Submission of Matters to a Vote of Security Holders

6 Jun 24

Conflict minerals disclosure

31 May 24

NT 10-Q

Notice of late quarterly filing

13 May 24

Transcripts

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RBBN

Earnings call transcript

2024 Q3

23 Oct 24

RBBN

Earnings call transcript

2024 Q2

24 Jul 24

RBBN

Earnings call transcript

2024 Q1

24 Apr 24

RBBN

Earnings call transcript

2023 Q4

14 Feb 24

RBBN

Earnings call transcript

2023 Q3

25 Oct 23

RBBN

Earnings call transcript

2023 Q2

26 Jul 23

RBBN

Earnings call transcript

2023 Q2

26 Jul 23

RBBN

Earnings call transcript

2023 Q1

26 Apr 23

RBBN

Earnings call transcript

2022 Q4

15 Feb 23

RBBN

Earnings call transcript

2022 Q3

26 Oct 22

Latest ownership filings

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Dan Redington

16 Dec 24

John Raymond Townsend

Bruce William McClelland

Financial summary

Financial statements Chart RBBN financial data

Quarter (USD)	Sep 24	Jun 24	Dec 23	Sep 23
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 23	Dec 22	Dec 21	Dec 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	40.09 mm	40.09 mm	40.09 mm	40.09 mm	40.09 mm	40.09 mm
Cash burn (monthly)	9.11 mm	(no burn)	3.94 mm	1.61 mm	4.95 mm	(no burn)
Cash used (since last report)	25.49 mm	n/a	11.03 mm	4.52 mm	13.86 mm	n/a
Cash remaining	14.60 mm	n/a	29.06 mm	35.57 mm	26.24 mm	n/a
Runway (months of cash)	1.6	n/a	7.4	22.0	5.3	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q3 2024

RBBN institutional ownership history Ownership history

88.7% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	125	130	-3.8%
Opened positions	9	13	-30.8%
Closed positions	14	16	-12.5%
Increased positions	45	48	-6.3%
Reduced positions	40	47	-14.9%

13F shares	Current	Prev Q	Change
Total value	397.03 bn	416.98 bn	-4.8%
Total shares	152.35 mm	151.16 mm	+0.8%
Total puts	300.00	21.30 k	-98.6%
Total calls	184.40 k	11.50 k	+1503.5%
Total put/call ratio	0.0	1.9	-99.9%

Largest owners	Shares	Value	Change
JPM JPMorgan Chase & Co.	52.04 mm	$169.12 bn	-0.0%
Swarth Investments	27.44 mm	$92.46 mm	0.0%
Neuberger Berman	18.54 mm	$56.46 bn	+4.3%
Paradigm Capital Management	10.59 mm	$34.43 bn	+0.4%
BLK BlackRock	7.68 mm	$24.97 bn	NEW
Vanguard	7.11 mm	$23.10 bn	+1.4%
Dimensional Fund Advisors	6.01 mm	$19.54 bn	+4.0%
Royce & Associates	2.54 mm	$8.24 bn	+18.0%
Geode Capital Management	2.10 mm	$6.83 bn	+1.4%
STT State Street	1.90 mm	$6.17 bn	+0.4%

Largest transactions	Shares	Bought/sold	Change
BLK BlackRock	7.68 mm	+7.68 mm	NEW
BLK BlackRock	0.00	-7.38 mm	EXIT
Neuberger Berman	18.54 mm	+758.59 k	+4.3%
Royce & Associates	2.54 mm	+386.52 k	+18.0%
Jacobs Levy Equity Management	409.38 k	-350.85 k	-46.2%
BEN Franklin Resources	1.48 mm	-340.20 k	-18.7%
Dimensional Fund Advisors	6.01 mm	+233.21 k	+4.0%
Victory Capital Management	504.50 k	+188.08 k	+59.4%
Citadel Advisors	81.26 k	-154.42 k	-65.5%
Algert Global	76.27 k	-152.06 k	-66.6%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

RBBN insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
15 Dec 24	Dan Redington	Common Stock	Payment of exercise	Dispose F	No	No	4.09	8,197	33.53 k	142,303
15 Dec 24	Dan Redington	Common Stock	Option exercise	Acquire M	No	No	0	20,833	0.00	150,500
15 Dec 24	Dan Redington	RSU Common Stock	Option exercise	Dispose M	No	No	0	20,833	0.00	41,666
18 Oct 24	Sam Bucci	Common Stock	Payment of exercise	Dispose F	No	No	3.56	14,297	50.90 k	344,787
18 Oct 24	Sam Bucci	Common Stock	Option exercise	Acquire M	No	No	0	26,709	0.00	359,044
18 Oct 24	Sam Bucci	RSUs Common Stock	Option exercise	Dispose M	No	No	0	26,709	0.00	26,709
18 Oct 24	Macken Patrick W	Common Stock	Payment of exercise	Dispose F	No	No	3.56	9,572	34.08 k	244,179
18 Oct 24	Macken Patrick W	Common Stock	Option exercise	Acquire M	No	No	0	21,367	0.00	253,751
18 Oct 24	Macken Patrick W	RSUs Common Stock	Option exercise	Dispose M	No	No	0	21,367	0.00	21,367
17 Oct 24	Sam Bucci	Common Stock	Payment of exercise	Dispose F	No	No	3.38	13,819	46.71 k	332,335