Ribbon Communications Q4 revenue $251M (record), up 11% YoY; Non-GAAP Adj. EBITDA $55M (+30%)

Ribbon Communications Inc.

2024-FY EPS reported -$0.31 revenue$833,881,000

Q4 revenue $251M vs $226M YoY; GAAP operating income $33M vs $17M; Non-GAAP net income $28M vs $22M.
Full-year 2024 revenue $834M vs $826M; GAAP operating income $17M vs loss of ($24M) in 2023.
Non-GAAP diluted EPS Q4 $0.16 vs $0.12; full year $0.25 vs $0.21.
Management cites strong demand from US Tier One SPs, Federal agencies, and Enterprise; expects further momentum in 2025.
Suspension of shipments to Eastern Europe was a headwind, but company still achieved high end of original Adjusted EBITDA guidance.

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