Press release
Ribbon Communications Inc. Reports Second Quarter 2025 Financial Results
Record Second Quarter Revenue Up 15% Year Over Year Profitability at High End of Guidance Robust Growth in Service Provider and Enterprise Markets PLANO,
About this update from Ribbon Communications Inc.
[{"type":"text","content":"Record Second Quarter Revenue Up 15% Year Over Year\nProfitability at High End of Guidance\nRobust Growth in Service Provider and Enterprise Markets \nPLANO, Texas, July 23, 2025 /PRNewswire/ -- Ribbon Communications Inc. (Nasdaq: RBBN), a leading supplier of real-time communications technology and IP optical networking solutions, today announced its financial results for the second quarter of 2025. Ribbon Communications is dedicated to assisting the world's largest service providers, enterprises, and critical infrastructure operators in modernizing and safeguarding their networks and services.\n\n \n \n \n \n \n \n\n \nSecond Quarter 2025 Highlights\nFinancial Highlights¹:\nRevenue was $221 million, compared to $193 million for the second quarter of 2024GAAP Operating Income was $4 million, compared to a loss of $2 million for the second quarter of 2024Non-GAAP Adjusted EBITDA was $32 million, compared to $22 million for the second quarter of 2024GAAP Gross Margin was 49.6%, compared to 50.8% for the second quarter of 2024Non-GAAP Gross Margin was 52.1%, compared to 54.4% for the second quarter of 2024\"I am very pleased with our strong financial performance in the second quarter with both revenue and earnings exceeding our growth projections, resulting in a successful first half of the year. Demand in the North American market was strong across both Service Provider and Enterprise market verticals as we continue to win the largest industry voice transformation opportunities. And we had good momentum in our IP Optical business in India and North America this quarter supporting fiber and mobile network expansion,\" stated Bruce McClelland, President and Chief Executive Officer of Ribbon Communications. \"Looking ahead, the demand picture remains robust with good visibility, and we continue to anticipate a seasonally stronger second half of the year.\"\nJohn Townsend, Chief Financial Officer, added, \"It was great to see our business momentum reflected in our second quarter results. Revenue increased 15% year over year to $221 million, exceeding guidance, and Adjusted EBITDA increased 47% year over year to $32 million, at the top end of our guidance. In the quarter, we announced a new stock repurchase program and expect to use a portion of our free cash flow over the next several years to repurchase up to $50 million of our commo...