0
Broadband

Ribbon expects record profit in Q4, helped by lower-than-expected expenses, strong margins

Tuesday 26 January 2021 | 09:57 CET | News
Ribbon Communications has given a trading update for the fourth quarter, with numbers seen coming in either in-line or above forecasts. Revenues for the quarter should be as expected, at USD 243-245 million. Operating expenses should be lower than the expected USD 105 million, coming in at USD 100 million. The operating profit is seen at USD 17 million, the adjusted operating profit at USD 44 million and the adjusted EBITDA at a record USD 49 million. The company ended the quarter with USD 136 million in cash, from 43 million at the end of the previous one.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Fixed
Companies: Ribbon Communications
Countries: World
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Ribbon supplies Apollo OTN platforms to upgrade Cinia backbone

Published 16 Mar 2021 11:54 CET | Finland
Ribbon Communications said that Cinia has chosen its Apollo optical transport networking (OTN) platforms to upgrade its backbone ...

Orion Innovation expands in Turkey with new deals at Ribbon, Kandy

Published 09 Mar 2021 08:47 CET | World
US-based Orion Innovation entered into a strategic multi-year agreement with Ribbon Communications. Orion also agreed a strategic ...

Emily Cooperative leverages Ribbon's SBC SWe

Published 25 Feb 2021 10:13 CET | United States
Ribbon Communications announced that Emily Cooperative Telephone Company (Emily Tel), a regional provider of premium ...

Ribbon reports record EBITDA in Q4, sees continued momentum for Q1

Published 18 Feb 2021 09:24 CET | World
Ribbon Communications reported fourth quarter in-line with the raised guidance it gave last month, boosted by strong sales and ...

Hermon Laboratories to buy Ribbon's QualiTech testing, standardisation business

Published 17 Feb 2021 15:51 CET | United States
Ribbon Communications entered into an asset purchase agreement under which Hermon Laboratories will acquire the testing and ...

Eastern Slope Rural Telephone upgrades to Ribbon's IP, optical transport products

Published 28 Jan 2021 08:54 CET | United States
Ribbon Communications announced that US regional operator Eastern Slope Rural Telephone upgraded its network with Ribbon's IP and ...

Ribbon appoints McCaffery as head of EMEA and APAC sales

Published 13 Jan 2021 10:41 CET | World
Ribbon Communications appointed Steve McCaffery as EVP of Sales for the EMEA and APAC regions. He reports directly to Ribbon's ...

Ribbon and Synnex ink Caribbean and LatAm reseller deal

Published 11 Jan 2021 15:18 CET | Caribbean
US-based Ribbon Communications has again teamed up with business process services company Synnex to bring a range of ...

Ribbon Communications names Switch Connect as universal partners for Australia and New Zealand

Published 08 Jan 2021 14:20 CET | Australia
Ribbon Communications, which provides communications software and network products to service providers, enterprises and critical ...

Claro Brasil selects Ribbon's cloud-native SBCs for network expansion

Published 06 Jan 2021 14:52 CET | Brazil
Ribbon Communications announced that Claro Brasil has selected Ribbon's SBC Software Edition (SBC SWe) to expand and secure its ...

Mobex deploys Ribbon Session Border Controller SWe Lite to power new Microsoft Teams Offerings

Published 22 Dec 2020 17:20 CET | World
Ribbon Communications has announced that Mobex, a provider of business communications services, deployed its session border ...

Ribbon adds new products to Apollo 9900 OTN Switching portfolio

Published 17 Dec 2020 14:20 CET | World
Ribbon Communications announced two additions to its Apollo 9900 Optical Transport Network (OTN) Switching portfolio, the Apollo ...

Ribbon names new EVP for corporate development and strategy

Published 03 Dec 2020 18:35 CET | United States
Ribbon Communications has appointed Sean Matthews its new EVP for corporate development and strategy, reporting directly to CEO ...

RingLogix deploys Ribbon SBC to optimise Microsoft Teams Direct Routing

Published 11 Nov 2020 16:27 CET | United States
Ribbon Communications announced RingLogix deployed Ribbon's Session Border Controller Software Edition Lite (SBC SWe Lite) to ...

Ribbon, TIM upgrade Lepida broadband network in Emilia Romagna

Published 05 Nov 2020 14:19 CET | Italy
Ribbon Communications has again teamed up with Telecom Italia (TIM) to upgrade the capacity of Lepida ScpA's broadband network in ...

Ribbon Communications lifts revenues 45% in Q2, to sell Kandy Communications Platform

Published 06 Aug 2020 13:58 CET | World
Ribbon Communications revenues jumped 45 percent year-on-year in the second quarter to USD 210 million, buoyed by demand for its ...

Ribbon Communications revenue up 33% to USD 158 mln in Q1

Published 07 May 2020 13:50 CET | World
Visibility into Ribbon's organic business remains solid as service provider and enterprise customers continue to respond to ...





Calendar   /   Industry Events

20 Apr Grameenphone Q1 2021
20 Apr Netflix Q1 2021
20 Apr Atos Q1 2021
20 Apr Iridium Communications Q1 2021
20 Apr Apple 'Spring Loaded' event
21 Apr Elisa Q1 2021
21 Apr HKBN H1 results
21 Apr Crown Castle Q1 2021
21 Apr Netgear Q1 2021
21 Apr Orange Belgium Q1 2021
21 Apr Verizon Q1 2021
21 Apr Rogers Communications Q1 2021
21 Apr Comcast Q1 2021
21 Apr Ericsson Q1 2021
21 Apr Vivendi Q1 2021
21 Apr Proximus AGM
22 Apr Tele2 Q1 2021
22 Apr AT&T Q1 2021
22 Apr Orange Q1 2021
22 Apr VeriSign Q1 2021
22 Apr Nordic Entertainment (NENT) Q1
22 Apr Intel Q1 2021
22 Apr Snap Q1 2021
22 Apr FCC meeting
23 Apr Telia Q1 2021
25 Apr Vodafone Qatar Q1 2021
26 Apr SBA Communications Q1 2021
27 Apr A10 Networks Q1 2021
27 Apr AudioCodes Q1 2021
27 Apr Mediaset FY results
::: More Calendar Items