---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-050937"
form_type: "8-K"
ticker: "RBBN"
cik: "0001708055"
company_name: "Ribbon Communications Inc."
filed_at: "2024-04-24T23:59:59+00:00"
generated_at: "2026-06-03T09:44:57.881343+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Ribbon Communications Q1 revenue $180M, loss narrows; Verizon multi-year deal

## Summary
- Revenue $180M vs $186M YoY; GAAP net loss $30M vs $38M; EPS ($0.18) vs ($0.23).
- Non-GAAP Adj EBITDA $12M vs ($2M); GAAP and Non-GAAP gross margin improved >700 bps YoY.
- Selected by Verizon for multi-year Advanced Voice Network Platform modernization.
- IP Optical Networks up 9% YoY for 7th consecutive quarter; EMEA sales up 24% YoY.
- Cloud & Edge segment expects return to growth with US Tier 1 spending recovery and new Federal projects.

## SEC filing metadata
- accession: 0001104659-24-050937
- form_type: 8-K
- ticker: RBBN
- cik: 0001708055
- company_name: Ribbon Communications Inc.
- filed_at: 2024-04-24T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1708055/000110465924050937/0001104659-24-050937-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1708055/000110465924050937/tm2412518d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-050937
- JSON: https://secwatch.observer/filing/0001104659-24-050937.json
- Plain text: https://secwatch.observer/filing/0001104659-24-050937.txt

## Key facts
- Earnings Releases
  Ribbon Communications Inc. reported first quarter 2024 results: revenue $180 million, net income GAAP Net income (loss) $(30) million, EPS GAAP diluted earnings (loss) per share $(0.18).
  - Period: first quarter 2024
  - Revenue: $180 million
  - Net income: GAAP Net income (loss) $(30) million
  - EPS: GAAP diluted earnings (loss) per share $(0.18)
  - Result: reported results
  source text: infrastructure operators to modernize and protect their networks, today announced its financial results for the first quarter 2024. Revenue for the first quarter of 2024 was $180 million, compared to $186 million for the first quarter of 2023. First quarter 2024 GAAP Loss from Operations improved $22 million year over year, and Non-GAAP Adjusted EBITDA improved
  evidence_url: https://www.sec.gov/Archives/edgar/data/1708055/000110465924050937/0001104659-24-050937-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
