earnings
confidence high
sentiment negative
materiality 0.70
Ribbon Communications Q1 revenue flat at $181M; GAAP op loss widens; backlog up 35%
Ribbon Communications Inc.
2025-Q1 EPS reported
-$0.15
revenue$181,279,000
- Revenue $181M flat YoY; GAAP operating loss $20M vs $13M loss in Q1 2024.
- Non-GAAP Adj EBITDA $6M vs $12M YoY; diluted EPS ($0.15) vs ($0.18).
- Backlog up 35% YoY; management expects 5-8% YoY revenue growth for 1H25.
- Two Federal/Enterprise deals delayed to Q2 but already fulfilling; included in 2Q outlook.
- GAAP gross margin 45.4% (51.2% in Q1 2024); Non-GAAP 48.6% (55.1%).