secwatch.observer — SEC 8-K summary
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Issuer:     Ribbon Communications Inc. (RBBN)
CIK:        0001708055
Form:       8-K
Filed at:   2023-02-15T23:59:59+00:00
Accession:  0001104659-23-022382
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ribbon Q4 revenue $234M, GAAP EPS $0.12; IP Routing sales up 34% YoY
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- Q4 GAAP net income $20M ($0.12 diluted EPS) vs. net loss of $96M ($0.65 loss) a year ago.
- Non-GAAP Q4 EPS $0.09; adjusted EBITDA $29M, up 11% YoY and 25% sequentially.
- FY2022 revenue $820M, GAAP net loss $98M; non-GAAP net income $17M ($0.11 EPS).
- IP Optical segment sales up 17% YoY; IP Routing grew 34% YoY with new customer wins.
- CEO: Q4 was best quarter of the year; product and service bookings exceeded sales.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1708055/000110465923022382/0001104659-23-022382-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1708055/000110465923022382/tm236917d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-022382

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