secwatch.observer — SEC 8-K summary
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Issuer:     Ribbon Communications Inc. (RBBN)
CIK:        0001708055
Form:       8-K
Filed at:   2021-07-28T23:59:59+00:00
Accession:  0001104659-21-096938
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ribbon Q2 revenue flat at $211M; GAAP net income $23M vs loss; Adj EBITDA $43M up 119%
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- Revenue $211M, flat YoY, up 10% sequentially; GAAP net income $23M vs loss of $8M in Q2 2020.
- Non-GAAP EPS $0.17 vs $0.08; Adjusted EBITDA $43M vs $30M, up 119% sequentially.
- Includes $12M non-cash gain from AVCT mark-to-market and $2.8M gain on QualiTech sale.
- Cash $115M at June 30, 2021 vs $94M a year ago.
- CEO cites IP Optical wins with Rogers, Singtel; India sales impacted by Covid surge.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1708055/000110465921096938/0001104659-21-096938-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1708055/000110465921096938/tm2123289d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-21-096938

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer