MC: Press Releases https://ribboncommunications.com/rss/press-releases en Ribbon’s Microsoft-Certified SBC Powers Pure IP’s New Direct Routing Offer https://ribboncommunications.com/company/media-center/press-releases/ribbons-microsoft-certified-sbc-powers-pure-ips-new-direct-routing-offer <div class="ribbon-two-column"> <div class="region region-pre-content"> </div> <div class="region region-main-content container"> <div class="block-region-main"><div data-block-plugin-id="sharethis_block"> <div class="sharethis-wrapper"><span st_url="https://ribboncommunications.com/rss/press-releases" st_title="MC: Press Releases" class="st_facebook_hcount" displayText="facebook"></span> <span st_url="https://ribboncommunications.com/rss/press-releases" st_title="MC: Press Releases" class="st_twitter_hcount" st_via="ribboncomm" st_username="" displayText="twitter"></span> <span st_url="https://ribboncommunications.com/rss/press-releases" st_title="MC: Press Releases" class="st_linkedin_hcount" displayText="linkedin"></span> <span st_url="https://ribboncommunications.com/rss/press-releases" st_title="MC: Press Releases" class="st_googleplus_hcount" displayText="googleplus"></span> <span st_url="https://ribboncommunications.com/rss/press-releases" st_title="MC: Press Releases" class="st_email_hcount" displayText="email"></span> </div> </div> <div data-block-plugin-id="entity_field:node:title"> <h1 class="page-header">Ribbon’s Microsoft-Certified SBC Powers Pure IP’s New Direct Routing Offer</h1> </div> <div data-block-plugin-id="entity_field:node:field_title"> <div class="field field--name-field-title field--type-string field--label-hidden field--item">Enables speed to market and cost savings for enterprises</div> </div> <div data-block-plugin-id="entity_field:node:field_date_release"> <div class="field field--name-field-date-release field--type-datetime field--label-hidden field--item">February 21, 2019</div> </div> <div data-block-plugin-id="entity_field:node:body"> <div class="field field--name-body field--type-text-with-summary field--label-hidden field--item"><p>WESTFORD, Mass. – <span class="MsoHyperlink"><b><a href="http://www.ribboncomm.com/" target="_blank">Ribbon Communications Inc.</a></b> (Nasdaq: RBBN), a global leader in secure and intelligent cloud communications, today announced that <span class="MsoHyperlink"><a href="http://www.pure-ip.com/" target="_blank">Pure IP</a>, a specialist provider of custom-built, fully supported and secure voice networks, is leveraging Ribbon’s Microsoft-certified <span class="MsoHyperlink"><a href="https://ribboncommunications.com/products/service-provider-products/session-border-controllers/session-border-controller-5400" target="_blank">SBC 5400</a><span class="MsoHyperlink"> (Session Border Controller) for its new Microsoft Teams Direct Routing <span class="MsoHyperlink">offer to Enterprises. </span></span></span></span></span></p> <p>“Our global presence allows us to offer international customers a single vendor for their calling plans,” said Gary Forrest, CEO of Pure IP. “Ribbon’s SBC 5400 enables us to host multiple customers on a single device which is very cost efficient, while delivering quality and security.”</p> <p>A longstanding service provider customer and partner to Ribbon, Pure IP has added the <span class="MsoHyperlink">SBC 5400 to its suite of Ribbon products in order to offer Microsoft Direct Routing to its enterprise customers. This state-of-the-art SBC complements Ribbon’s <span class="MsoHyperlink"><a href="https://ribboncommunications.com/products/service-provider-products/policy-routing/centralized-policy-and-routing-psx">PSX</a> centralized policy and routing engine which Pure IP utilizes in its core network, as well as Ribbon’s SBC <span class="MsoHyperlink"><a href="https://ribboncommunications.com/products/enterprise-products/session-border-controllers/sbc-2000-session-border-controller" target="_blank">2000</a>,&nbsp;<span class="MsoHyperlink"><a href="https://ribboncommunications.com/products/enterprise-products/session-border-controllers/sbc-1000-session-border-controller" target="_blank">1000</a> and <span class="MsoHyperlink"><a href="https://ribboncommunications.com/solutions/enterprise-solutions/microsoft-solutions/cloud-link" target="_blank">Cloud Link</a>. </span></span></span></span></span></p> <p>“Enterprise offerings require agility and innovation and we’re proud to be empowering Pure IP with the solutions that enable them to do what they do best,” said Tony Scarfo, Ribbon’s&nbsp; Executive Vice President of Products, R&amp;D, Support &amp; Supply Chain. “Seeing our customers grow, and growing along with them, is extraordinarily rewarding and we look forward to continuing the relationship.”</p> <p><span class="MsoHyperlink"><a href="https://ribboncommunications.com/solutions/enterprise-solutions/microsoft-solutions/direct-routing-microsoft-teams-calling">Direct Routing</a> enables Microsoft Teams customers to keep their chosen communications service provider when making and receiving calls via the Teams client. Legacy systems and endpoints are connected to the Microsoft Phone system via SBCs. Ribbon boasts decades of experience securely routing voice traffic in the networks of some of the world’s largest carriers, and its extensive Microsoft-certified <span class="MsoHyperlink"><a href="https://ribboncommunications.com/products/service-provider-products/session-border-controllers-service-providers" target="_blank">SBC portfolio</a> enables service providers to deliver direct routing solutions for any site, from corporate HQ to remote branch. </span></span></p> <p>Enterprise-related software products, an integral part of Ribbon’s overall offering, accounted for approximately 23% of Ribbon’s product revenue in Q4. Leading market research firm <span class="MsoHyperlink"><a href="https://ihsmarkit.com/index.html" target="_blank">IHS Markit</a> forecasts growth for the enterprise SBC market to experience a compound annual growth rate (CAGR) of 6% over the next five years, and announced Ribbon as the market share leader in that category with 18% market share during the third quarter of 2018. </span></p> <h2><b>About Ribbon Communications</b></h2> <p>Ribbon Communications is a company with two decades of leadership in real-time communications. Built on world-class technology and intellectual property, the company delivers intelligent, secure, embedded real-time communications for today’s world.&nbsp; The company transforms fixed, mobile and enterprise networks from legacy environments to secure IP and cloud-based architectures, enabling highly productive communications for consumers and businesses.&nbsp; With a global footprint, Ribbon’s innovative, market-leading portfolio empowers service providers and enterprises with rapid service creation in a fully virtualized environment.&nbsp; The company’s Kandy real-time communications software platform delivers a comprehensive set of advanced embedded and unified (CPaaS and UCaaS) communications capabilities that enables this transformation. To learn more, visit <span class="MsoHyperlink"><a href="http://www.ribboncommunications.com" target="_blank">ribboncommunications.com</a>.</span></p> <p><b>Important Information Regarding Forward-Looking Statements&nbsp;&nbsp; </b></p> <p>The information in this release contains forward-looking statements regarding future events that involve risks and uncertainties. All statements other than statements of historical facts contained in this release are forward-looking statements. Our actual results may differ materially from those contemplated by the forward-looking statements. For further information regarding risks and uncertainties associated with Ribbon Communications' business, please refer to the "Risk Factors" section of Ribbon Communications' most recent annual or quarterly report filed with the SEC. Any forward-looking statements represent Ribbon Communications' views only as of the date on which such statement is made and should not be relied upon as representing Ribbon Communications' views as of any subsequent date. While Ribbon Communications may elect to update forward-looking statements at some point, Ribbon Communications specifically disclaims any obligation to do so.</p> </div> </div> <div data-block-plugin-id="entity_field:node:field_contacts_pr"> <div class="field field--name-field-contacts-pr field--type-entity-reference field--label-hidden field--items"> <div class="field--item"> <div class="field field--name-field-position field--type-string field--label-hidden field--item">International Press</div> <div class="field field--name-field-title field--type-string field--label-hidden field--item">Catherine Berthier</div> <div class="field field--name-field-tn field--type-string field--label-hidden field--item">+1 (646) 741-1974</div> <div class="field field--name-field-email field--type-email field--label-hidden field--item"><a href="mailto:cberthier@rbbn.com">cberthier@rbbn.com</a></div> </div> <div class="field--item"> <div class="field field--name-field-position field--type-string field--label-hidden field--item">Dennis Watson</div> <div class="field field--name-field-title field--type-string field--label-hidden field--item">US Press</div> <div class="field field--name-field-tn field--type-string field--label-hidden field--item">+1 (214) 695 2224</div> <div class="field field--name-field-email field--type-email field--label-hidden field--item"><a href="mailto:dwatson@rbbn.com">dwatson@rbbn.com</a></div> </div> <div class="field--item"> <div class="field field--name-field-position field--type-string field--label-hidden field--item">Analyst Relations</div> <div class="field field--name-field-title field--type-string field--label-hidden field--item">Michael Cooper</div> <div class="field field--name-field-tn field--type-string field--label-hidden field--item">+1 (708) 383-3387</div> <div class="field field--name-field-email field--type-email field--label-hidden field--item"><a href="mailto:mcooper@rbbn.com">mcooper@rbbn.com</a></div> </div> <div class="field--item"> <div class="field field--name-field-position field--type-string field--label-hidden field--item">Investor Relations</div> <div class="field field--name-field-title field--type-string field--label-hidden field--item">Monica Gould</div> <div class="field field--name-field-tn field--type-string field--label-hidden field--item">+1 (212) 871-3927</div> <div class="field field--name-field-email field--type-email field--label-hidden field--item"><a href="mailto:IR@rbbn.com">IR@rbbn.com</a></div> </div> </div> </div> </div> </div> <div class="region region-post-content"> <div class="block-region-post"><div data-block-plugin-id="block_content:6f8a3dde-bb84-4e12-ad2a-69765b6b89ad" class="block--cta_feature_simple"> <div class="container-fluid"> <div class="row wrapper-row" style="background-image: url('/sites/default/files/girlphone.jpg')"> <div class="container"> <div class="hidden-xs col-sm-6 bg-wrapper"></div> <div class="col-xs-12 col-sm-6"> <div class="text-wrapper cta-large"> <h2 class="block-title lighter">Ask Us Anything!</h2> <p>Ribbon's team of professionals are ready to answer your questions,&nbsp;guide you to the right solution or help you with your network design.&nbsp;</p> <div class="cta-link" data-aos="fade" data-aos-duration="600" data-aos-easing="ease-in-sine"> <a href="https://go.pardot.com/l/27332/2018-01-08/841223i" target="_blank" class="mfp-iframe pardot-popup btn btn-primary">Let's Chat!</a> </div> </div> </div> </div> </div> </div> </div> </div> </div> </div> Thu, 21 Feb 2019 15:46:21 +0000 pleininger 20469 at https://ribboncommunications.com Ribbon Communications Inc. Releases Fourth Quarter 2018 Financial Results https://ribboncommunications.com/company/media-center/press-releases/ribbon-communications-inc-releases-fourth-quarter-2018-financial-results <div class="ribbon-two-column"> <div class="region region-pre-content"> </div> <div class="region region-main-content container"> <div class="block-region-main"><div data-block-plugin-id="sharethis_block"> <div class="sharethis-wrapper"><span st_url="https://ribboncommunications.com/rss/press-releases" st_title="MC: Press Releases" class="st_facebook_hcount" displayText="facebook"></span> <span st_url="https://ribboncommunications.com/rss/press-releases" st_title="MC: Press Releases" class="st_twitter_hcount" st_via="ribboncomm" st_username="" displayText="twitter"></span> <span st_url="https://ribboncommunications.com/rss/press-releases" st_title="MC: Press Releases" class="st_linkedin_hcount" displayText="linkedin"></span> <span st_url="https://ribboncommunications.com/rss/press-releases" st_title="MC: Press Releases" class="st_googleplus_hcount" displayText="googleplus"></span> <span st_url="https://ribboncommunications.com/rss/press-releases" st_title="MC: Press Releases" class="st_email_hcount" displayText="email"></span> </div> </div> <div data-block-plugin-id="entity_field:node:title"> <h1 class="page-header">Ribbon Communications Inc. Releases Fourth Quarter 2018 Financial Results</h1> </div> <div data-block-plugin-id="entity_field:node:field_title"> <div class="field field--name-field-title field--type-string field--label-hidden field--item">GAAP Revenue was $167 Million and Non-GAAP Revenue was $173 Million for the Fourth Quarter 2018</div> </div> <div data-block-plugin-id="entity_field:node:field_date_release"> <div class="field field--name-field-date-release field--type-datetime field--label-hidden field--item">February 20, 2019</div> </div> <div data-block-plugin-id="entity_field:node:body"> <div class="field field--name-body field--type-text-with-summary field--label-hidden field--item"><p>WESTFORD, Mass.&nbsp;--&nbsp;<b><a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=2381288-1&amp;h=790410337&amp;u=http%3A%2F%2Fwww.ribboncomm.com%2F&amp;a=Ribbon+Communications+Inc." target="_blank">Ribbon Communications Inc.</a></b>&nbsp;(Nasdaq: RBBN), a global leader in secure and intelligent cloud communications, today announced its financial results for the fourth quarter 2018.</p> <p>"Ribbon Communications delivered a very successful 2018, exceeding our strategic and financial objectives for the year.&nbsp; During 2018, we extended our leadership in virtualized software solutions and expanded our addressable enterprise market.&nbsp; We further completed a major milestone to integrate our business, thereby reducing our cost structure and significantly improving our profitability," said Fritz Hobbs, President and Chief Executive Officer of Ribbon Communications.&nbsp; "We are excited to enter 2019 with a strong software product line-up, numerous new market opportunities and a robust financial profile."</p> <p><b>Fourth Quarter 2018&nbsp;</b><b>Financial Highlights<sup>1,2,3</sup></b></p> <ul type="disc"> <li>GAAP total revenue was $167 million, compared with $152 million in the third quarter of 2018 and $146 million in the comparable period a year ago.</li> <li>Non-GAAP total revenue was $173 million, compared with $159 million in the third quarter of 2018 and $169 million in the comparable period a year ago.</li> <li>GAAP net loss was $2 million, compared with $10 million in the third quarter of 2018 and $16 million in the comparable period a year ago.</li> <li>Non-GAAP net income was $28 million, compared with $23 million in the third quarter of 2018 and $23 million in the comparable period a year ago.</li> <li>GAAP loss per share was $0.02, compared with $0.10 in the third quarter of 2018 and $0.18 in the comparable period a year ago.</li> <li>Non-GAAP diluted earnings per share was $0.26, compared with $0.21 in the third quarter of 2018 and $0.27 in the comparable period a year ago.</li> <li>Non-GAAP Adjusted EBITDA was $34 million, compared with $29 million in the third quarter of 2018 and $28 million in the comparable period a year ago.</li> <li>Cash and investments were $51 million at December 31, 2018, compared with $43 million at the end of the third quarter of 2018 and $83 million at fiscal year-end 2017.</li> </ul> <p><b>FY 2018 Financial Highlights<sup>1,2,3</sup></b></p> <ul type="disc"> <li>GAAP total revenue was $578 million, compared to $330 million in 2017.</li> <li>Non-GAAP total revenue was $612 million, compared to $353 million in 2017.</li> <li>GAAP net loss was $77 million, compared to $35 million in 2017.</li> <li>GAAP loss per share was $0.74, compared to $0.60 in 2017.</li> <li>Non-GAAP diluted earnings per share was $0.58, compared to $0.51 in 2017.</li> <li>Non-GAAP Adjusted EBITDA was $84 million, compared to $41 million in 2017.</li> </ul> <p>"Fourth quarter non-GAAP Revenue was $173 million and Adjusted EBITDA was $34 million, which represented a growth of 9 percent and 18 percent, respectively, compared with the third quarter of 2018. Full year 2018 non-GAAP Revenue grew to $612 million and Adjusted EBITDA increased to $84 million," said Daryl E. Raiford, Chief Financial Officer of Ribbon Communications. &nbsp;"For 2019, we expect Adjusted EBITDA to be between $100 million and $110 million, or approximately 25 percent growth from 2018.<sup>3</sup>&nbsp;Looking to 2019, we are confident that we have the products, market position, expansive global reach and proven team and we believe we can capture share in both our service provider and enterprise markets."</p> <p><b>Fourth Quarter 2018 Customer and Company Highlights</b></p> <ul type="disc"> <li>Transformation footprint at a large U.S.-based service provider grew to enable web-scale performance and high mobile traffic, using our SBC virtualized session software solution on its mobile VoLTE network. Additionally, such provider modernized its legacy network elements with our network transformation software solutions.</li> <li>Large deployment of an SBC session software solution at a Tier one U.S.-based service provider to handle the growth of IP-to-IP traffic and the conversion of TDM customers to IP in support of integration and product rationalization following its acquisition of another large service provider.</li> <li>Major North American MSO purchased additional session software capacity to expand its geographic footprint for interconnect, supporting the collapse of three disparate networks onto a common infrastructure that is fully based on Ribbon software solutions.</li> <li>Major e-commerce provider in Japan deployed a combination of Ribbon network transformation solutions in support of its mobile network build-out.</li> <li>British Telecom Global Services, a large GENBAND SBC customer, deployed Ribbon session software solutions, which provide security and routing functions, for evolution of SIP-based conferencing services.</li> </ul> <p>&nbsp;<sup>1</sup>&nbsp; The Sonus-GENBAND merger occurred on October 27, 2017.&nbsp; The consolidated financial results included in this press release represent the consolidated financial results of Sonus Networks, Inc. prior to October 27, 2017, and the consolidated financial results of Ribbon Communications on and after such date.&nbsp; The financial results of GENBAND are included in Ribbon Communications' consolidated financial results beginning October 27, 2017.<br /> &nbsp;<sup>2</sup>&nbsp; The acquisition of Edgewater Networks Inc. was completed on August 3, 2018.&nbsp; The financial results of Edgewater Networks are included in Ribbon Communications' consolidated financial results beginning August 3, 2018.&nbsp;<br /> <sup>3</sup>&nbsp; Please see the reconciliation of non-GAAP and GAAP financial measures and additional information about non-GAAP measures in the press release appendix.</p> <p><b>Upcoming First Quarter 2019 Investor Conference Schedule</b></p> <p>Ribbon is pleased to meet its customers and other interested parties at&nbsp;<b>MWC Barcelona</b>&nbsp;(formerly&nbsp;<b>Mobile World Congress</b>) in Barcelona, Spain on February 25 through 28, 2019. &nbsp;In addition:</p> <ul type="disc"> <li>February 21, 2019 –&nbsp;<b>Non-Deal Roadshow</b>, hosted by National Securities, New York, New York</li> <li>March 6, 2019 –&nbsp;<b>Non-Deal Roadshow</b>, hosted by Northland Capital Markets, St. Louis, Missouri</li> </ul> <p><b>Conference Call Details and Replay Information&nbsp;</b><br /> Ribbon Communications will offer a live, listen-only webcast of the conference call to discuss its financial results for the fourth quarter ended December 31, 2018 on February 20, 2019, via the investor section of its website at&nbsp;<u><a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=2381288-1&amp;h=806272837&amp;u=http%3A%2F%2Finvestors.ribboncommunications.com%2Fpress-and-events%2Fevents-and-presentations&amp;a=http%3A%2F%2Finvestors.ribboncommunications.com%2Fpress-and-events%2Fevents-and-presentations" target="_blank">http://investors.ribboncommunications.com/press-and-events/events-and-presentations</a></u>, where a replay will also be available shortly following the conference call.</p> <p>Date:&nbsp; February 20, 2019<br /> Time:&nbsp; 4:30 p.m. (ET)<br /> Dial-in number:&nbsp; 888-221-6224&nbsp; - International callers:&nbsp; +1-303-223-4367</p> <p>A telephone playback of the call will be available following the conference call until March 6, 2019 and can be accessed by calling 800-633-8284 or +1-402-977-9140 for international callers.&nbsp; The reservation number for the replay is 21914807.</p> <p><b>About Ribbon Communications</b><br /> Ribbon Communications is a software company with two decades of leadership in real-time communications. Built on world-class technology and intellectual property, the company delivers intelligent, secure, embedded real-time communications for today's world.&nbsp; The company's software &nbsp;transforms fixed, mobile and enterprise networks from legacy environments to secure IP and cloud-based architectures, enabling highly productive communications for consumers and businesses.&nbsp; With a global footprint, Ribbon's innovative, market-leading software portfolio empowers service providers and enterprises with rapid service creation in a fully virtualized environment.&nbsp; The company's Kandy Cloud real-time communications software platform delivers a comprehensive set of advanced embedded and unified (CPaaS and UCaaS) communications capabilities that enables this transformation. &nbsp;To learn more, visit&nbsp;<a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=2381288-1&amp;h=2705894264&amp;u=http%3A%2F%2Fwww.ribboncommunications.com%2F&amp;a=ribboncommunications.com" target="_blank">ribboncommunications.com</a>.</p> <p><b>Important Information Regarding Forward-Looking Statements</b><br /> The information in this release contains "forward-looking" statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, which are subject to a number of risks and uncertainties. &nbsp;All statements other than statements of historical facts contained in this release, including without limitation statements made by our chief executive officer and our chief financial officer regarding our anticipated financial performance, the future results of operations, financial position, integration efforts and opportunities for the Company, business strategy, strategic position, and plans and objectives of management for future operations are forward-looking statements.&nbsp; Without limiting the foregoing, the words "believes", "estimates", "expects", "expectations", "intends", "may", and other similar language, whether in the negative or affirmative, are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words.</p> <p>Forward-looking statements are based on our current expectations and assumptions regarding our business, the economy and other future conditions.&nbsp; Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict.&nbsp; Our actual results may differ materially from those contemplated in these forward-looking statements due to various risks, uncertainties and other important factors, including our ability to realize benefits from acquisitions that we have completed; the effects of disruption from the acquisitions we have completed as well as pending acquisitions, making it more difficult to maintain relationships with employees, customers or business partners; the timing of customer purchasing decisions and our recognition of revenues; economic conditions; our ability to recruit and retain key personnel; difficulties supporting our strategic focus on channel sales; difficulties retaining and expanding our customer base; difficulties leveraging market opportunities; the impact of restructuring and cost-containment activities; litigation; actions taken by significant stockholders; difficulties providing solutions that meet the needs of customers; market acceptance of our products and services; rapid technological and market change; our ability to protect our intellectual property rights; our ability to maintain partner, reseller, distribution and vendor support and supply relationships; higher risks in international operations and markets; the impact of increased competition; increases in tariffs, trade restrictions or taxes on our products; currency fluctuations; changes in the market price of our common stock; and/or failure or circumvention of our controls and procedures. &nbsp;For further information regarding risks and uncertainties associated with Ribbon Communications' business, please refer to the "Risk Factors" section of Ribbon Communications' most recent annual and quarterly reports filed with the SEC. &nbsp;Any forward-looking statements represent Ribbon Communications' views only as of the date on which such statement is made and should not be relied upon as representing Ribbon Communications' views as of any subsequent date. &nbsp;While Ribbon Communications may elect to update forward-looking statements at some point, Ribbon Communications specifically disclaims any obligation to do so.</p> <p><b>Discussion of Non-GAAP Financial Measures</b><br /> Ribbon Communications management uses several different financial measures, both GAAP and non-GAAP, in analyzing and assessing the overall performance of the business, making operating decisions, planning and forecasting future periods, and determining payments under compensation programs.&nbsp; Our annual financial plan is prepared both on a GAAP and non-GAAP basis, and the non-GAAP annual financial plan is approved by our board of directors.&nbsp; Continuous budgeting and forecasting for revenue and expenses are conducted on a non-GAAP basis (in addition to GAAP) and actual results on a non-GAAP basis are assessed against the annual financial plan.&nbsp; We consider the use of non-GAAP financial measures helpful in assessing the core performance of our continuing operations and when planning and forecasting future periods.&nbsp; By continuing operations, we mean the ongoing results of the business adjusted for acquisition-related revenue as a result of purchase accounting and the related cost of revenue, the impact of the new revenue standard, and excluding certain expenses and credits, including, but not limited to stock-based compensation, amortization and impairment of intangible assets, acquisition-related facilities adjustments, settlement expense, certain litigation costs, cancelled debt offering costs, merger integration costs, acquisition- and integration-related expense, restructuring, the gains on the sales of intangible assets and tax benefits arising from purchase accounting and tax reform.&nbsp; While our management uses non-GAAP financial measures as a tool to enhance their understanding of certain aspects of our financial performance, our management does not consider these measures to be a substitute for, or superior to, GAAP measures.&nbsp; In addition, our presentations of these measures may not be comparable to similarly titled measures used by other companies.&nbsp; These non-GAAP financial measures should not be considered alternatives for, or in isolation from, the financial information prepared and presented in accordance with GAAP.</p> <p>Investors are cautioned that there are material limitations associated with the use of non-GAAP financial measures as an analytical tool.&nbsp; In particular, many of the adjustments to Ribbon's financial measures reflect the exclusion of items that are recurring and will be reflected in our financial results for the foreseeable future.</p> <p><i>Acquisition-Related Revenue and Cost of Revenue; Impact of New Revenue Standard</i><br /> We provide the supplementary non-GAAP financial measures, non-GAAP Product revenue, non-GAAP Service revenue and non-GAAP Total revenue, which include revenue related to the acquisitions of GENBAND and Edgewater that we would have recognized but for the purchase accounting treatment of these transactions.&nbsp; We also include eliminated revenue resulting from our adoption in 2018 of the new revenue recognition standard.&nbsp; Because GAAP accounting requires the elimination of this revenue, as well as the impact on future revenue of our adoption in 2018 of the new revenue standard, GAAP results alone do not fully capture all of our economic activities.&nbsp; These non-GAAP adjustments are intended to reflect the full amounts of such revenue and the related cost of revenue.&nbsp; We include these adjustments to allow for more complete comparisons to the financial results of our historical operations, forward-looking guidance and the financial results of peer companies.&nbsp; We believe these adjustments are useful to management and investors as a measure of the ongoing performance of the business.&nbsp; These adjustments do not accelerate revenue, but instead include revenue (and the related cost of revenue) that would have been recognized in our 2017 and 2018 results, but for the purchase accounting and new revenue standard adjustments required by GAAP.</p> <p><i>Stock-Based Compensation</i><br /> Stock-based compensation expense is different from other forms of compensation, as it is a non-cash expense.&nbsp; For example, a cash salary generally has a fixed and unvarying cash cost.&nbsp; In contrast, the expense associated with an equity-based award is generally unrelated to the amount of cash ultimately received by the employee, and the cost to us is based on a stock-based compensation valuation methodology, subjective assumptions and the variety of award types, all of which may vary over time.&nbsp; We evaluate performance without these measures because stock-based compensation expense is influenced by the Company's stock price and other factors such as volatility and interest rates that are beyond our control.&nbsp; The expense related to stock-based awards is generally not controllable in the short-term and can vary significantly based on the timing, size and nature of awards granted.&nbsp; As such, we do not include such charges in our operating plans, and we believe that presenting non-GAAP operating results that exclude stock-based compensation provides investors with visibility and insight into our management's method of analysis and the Company's core operating performance.&nbsp; It is reasonable to expect that stock-based compensation will continue in future periods.</p> <p><i>Amortization of Intangible Assets</i><br /> We exclude the amortization of acquired intangible assets from non-GAAP expense and income measures.&nbsp; These amortization amounts are inconsistent in frequency and amount and are significantly impacted by the timing and size of acquisitions.&nbsp; Although we exclude amortization of acquired intangible assets from our non-GAAP expenses, we believe that it is important for investors to understand that intangible assets contribute to revenue generation.&nbsp; We believe that excluding the non-cash amortization of intangible assets facilitates the comparison of our financial results to our historical operating results and to other companies in our industry as if the acquired intangible assets had been developed internally rather than acquired.&nbsp; Amortization of intangible assets that relate to past acquisitions will recur in future periods until such intangible assets have been fully amortized.&nbsp;</p> <p><i>Impairment of Intangible Assets</i><br /> In the fourth quarter of 2017, we discontinued our ongoing development of certain intangible assets that we had previously acquired, as we had determined that there were no alternative uses of the technology within either our existing or future product lines.&nbsp; As a result, we recorded an impairment charge of $5.5 million to write down the carrying value of the assets to zero.&nbsp; Had we developed those intangible assets internally and made the decision to discontinue their ongoing development, we would have ceased work on such development projects and eliminated the related future costs.&nbsp; Because we do not capitalize these costs, there would have been no asset to write off.&nbsp; As a result, we believe that excluding non-cash impairment charges from our non-GAAP operating results as if these impaired intangible assets had been developed internally rather than acquired facilitates a comparison to our historical operating results and to other companies in our industry.</p> <p><i>Acquisition-Related Facilities Adjustments</i><br /> GAAP accounting requires that the deferred rent liability of an acquired company be written off as part of purchase accounting and that the combined company's rent expense on a straight-line basis begin as of the acquisition date.&nbsp; As a result, we recorded more rent expense than would have been recognized but for the purchase accounting treatment of GENBAND's assumed deferred rent liability.&nbsp; We include this adjustment, which relates to the acquisition of GENBAND, to allow for more complete comparisons to the financial results of our historical operations, forward-looking guidance and the financial results of peer companies.&nbsp; We believe these adjustments provide an indication of the rent expense that would have been recognized, but for the purchase accounting in connection with the acquisition of GENBAND.</p> <p><i>Settlement Expense</i><br /> In the first quarter of 2018, we recorded $1.7 million of expense related to settlements, comprised of $1.4 million for the settlement of litigation in connection with our acquisition of Taqua LLC and $0.3 million of patent litigation settlement expense.&nbsp; In the third quarter of 2017, we recorded $1.6 million of expense related to potential fines in connection with the then-ongoing SEC investigation, which we paid to the SEC, along with an additional $0.3 million recorded in the fourth quarter of 2017, in the third quarter of 2018.&nbsp; These amounts are included as components of general and administrative expense.&nbsp; We believe that such settlement costs are not part of our core business or ongoing operations, are unplanned and generally not within our control.&nbsp; Accordingly, we believe that excluding costs such as the SEC potential fines and patent litigation settlement expense facilitates the comparison of our financial results to our historical operating results and to other companies in our industry.</p> <p><i>Litigation Costs</i><br /> In connection with certain ongoing litigation between GENBAND, as plaintiff, and one of its competitors, we have incurred litigation costs beginning in the fourth quarter of 2017.&nbsp; In March 2018, we filed litigation on behalf of Sonus against the same competitor asserting additional intellectual property infringement.&nbsp; We expect to incur significant future litigation costs related to these matters.&nbsp; These costs are included as a component of general and administrative expense.&nbsp; We believe that such costs are not part of our core business or ongoing operations, are unplanned and generally not within our control.&nbsp; Accordingly, we believe that excluding the litigation costs related to this specific legal matter facilitates the comparison of our financial results to our historical operating results and to other companies in our industry.</p> <p><i>Cancelled Debt Offering Costs</i><br /> In November 2018, we announced that we intended to offer, subject to market conditions and other factors, $150 million aggregate principal amount of convertible senior notes due 2023 in a private offering to qualified institutional buyers.&nbsp; We expected to grant the initial purchasers a 30-day option to purchase up to an additional $25 million aggregate principal amount of such notes, solely to cover over-allotments, if any.&nbsp; On the same day as our announcement, we decided not to proceed with this offering, as we believed that then-current market conditions were not conducive for an offering on terms that would be in the best interests of our stockholders.&nbsp; In connection with this offering, we incurred $1.0 million of expense.&nbsp; We do not consider these debt offering costs to be related to the continuing operations of the Company.&nbsp; We believe that excluding these cancelled debt offering costs facilitates the comparison of our financial results to our historical operating results and to other companies in our industry.</p> <p><i>Merger Integration Costs</i><br /> We consider certain merger integration costs to be unpredictable and dependent on a significant number of factors that may be outside of our control.&nbsp; These amounts represent costs related to the Sonus-GENBAND merger initially recorded as a component of General and administrative expense in the third quarter of 2017. &nbsp;In the fourth quarter of 2017, we reclassified these merger integration costs, aggregating $0.2 million, to Acquisition- and integration-related expense. &nbsp;We do not consider these merger integration costs to be related to the continuing operations of the combined business or the Company.&nbsp; We believe that excluding merger integration costs facilitates the comparison of our financial results to our historical operating results and to other companies in our industry.</p> <p><i>Acquisition- and Integration-Related Expense</i><br /> We consider certain acquisition- and integration-related costs to be unrelated to the organic continuing operations of our acquired businesses and the Company and they are generally not relevant to assessing or estimating the long-term performance of the acquired assets.&nbsp; In addition, the size, complexity and/or volume of an acquisition, which often drives the magnitude of acquisition- and integration-related costs, may not be indicative of future acquisition- and integration-related costs.&nbsp; By excluding these acquisition- and integration-related costs from our non-GAAP measures, management is better able to evaluate our ability to utilize our existing assets and estimate the long-term value that acquired assets will generate for us.&nbsp; We exclude certain acquisition- and integration-related costs to allow more accurate comparisons of our financial results to our historical operations, forward-looking guidance and the financial results of less acquisitive peer companies.&nbsp; In addition, we believe that providing supplemental non-GAAP measures that exclude these items allows management and investors to consider the ongoing operations of the business both with and without such expenses.</p> <p><i>Restructuring</i><br /> We have recorded restructuring expense to streamline operations and reduce operating costs by closing and consolidating certain facilities and reducing our worldwide workforce.&nbsp; We review our restructuring accruals regularly and record adjustments (both expense and credits) to these estimates as required.&nbsp; We believe that excluding restructuring expense and credits facilitates the comparison of our financial results to our historical operating results and to other companies in our industry, as there are no future revenue streams or other benefits associated with these costs.</p> <p><i>Gain on the Sale of Intangible Asset</i><br /> In the second quarter of 2017, we sold an intangible asset that we had acquired in connection with a previous acquisition.&nbsp; This amount is included as a component of other income, net.&nbsp; We believe that such gains are not part of our core business or ongoing operations, we had not used the intangible asset in connection with revenue-producing activities and would not have used it as such in the future.&nbsp; Accordingly, we believe that excluding from our results the other income arising from this sale facilitates the comparison of our financial results to our historical results and to other companies in our industry.</p> <p><i>Tax Benefits Arising from Purchase Accounting and Tax Reform</i><br /> In the third quarter of 2018, we reduced our valuation allowance in connection with our acquisition of Edgewater, resulting in an income tax benefit of $0.8 million.&nbsp; In the fourth quarter of 2018, we recorded an adjustment to that amount, resulting in income tax expense of $0.1 million for a net tax benefit of $0.7 million related to this acquisition.&nbsp; In the fourth quarter of 2017, we reduced our valuation allowance in connection with the GENBAND transaction, resulting in an income tax benefit of $16.4 million.&nbsp; In addition, we recognized an income tax benefit of $4.8 million related to the Tax Cut and Jobs Act of 2017.&nbsp; We believe that such benefits are not part of our core business or ongoing operations, as they are either the result of acquisitions or new tax legislation, neither of which relates to our revenue-producing activities.&nbsp; Accordingly, we believe that excluding the net benefits arising from these adjustments to our income tax provision facilitates the comparison of our financial results to our historical results and to other companies in our industry.</p> <p><i>Adjusted EBITDA</i><br /> We use Adjusted EBITDA as a supplemental measure to review and assess our performance.&nbsp; We calculate Adjusted EBITDA by excluding from net income (loss): interest income (expense), net; income tax benefit (provision); depreciation; and amortization of intangible assets.&nbsp; In addition, we exclude from net income (loss):&nbsp; adjustments to revenue and cost of revenue related to revenue reductions resulting from purchase accounting and adoption of the new revenue standard; stock-based compensation expense; settlement expense; certain litigation costs; merger integration costs; acquisition-related facilities adjustments; acquisition- and integration-related expense; restructuring; and other income, net.&nbsp; In general, we add back the expenses that we consider to be non-cash and/or not part of our ongoing operations.&nbsp; Adjusted EBITDA is a non-GAAP financial measure that is used by our investing community for comparative and valuation purposes.&nbsp; We disclose this metric to support and facilitate our dialogue with research analysts and investors.&nbsp; Other companies may calculate Adjusted EBITDA differently than we do, limiting its usefulness as a comparative measure.</p> <p>We believe that providing non-GAAP information to investors, in addition to the GAAP presentation, will allow investors to view the financial results in the way management views them.&nbsp; We further believe that providing this information helps investors to better understand our core financial and operating performance and evaluate the efficacy of the methodology and information used by our management to evaluate and measure such performance.</p> <p><b>Investor Relations</b><br /> Monica Gould&nbsp;<br /> +1 (212) 871-3927&nbsp;<br /> <a href="mailto:IR@rbbn.com" target="_blank">IR@rbbn.com</a>&nbsp;&nbsp;</p> <p><b>US Press&nbsp;</b><br /> Dennis Watson&nbsp;<br /> +1 (214) 695-2214&nbsp;<br /> <a href="mailto:dwatson@rbbn.com" target="_blank">dwatson@rbbn.com</a></p> <p><b>International Press&nbsp;</b><br /> Catherine Berthier&nbsp;<br /> +1 (646) 741-1974&nbsp;<br /> <a href="mailto:cberthier@rbbn.com" target="_blank">cberthier@rbbn.com</a><b>&nbsp;</b></p> <p><b>Analyst Relations&nbsp;</b><br /> Michael Cooper&nbsp;<br /> +1 (708) 383-3387&nbsp;<br /> <u><a href="mailto:mcooper@rbbn.com" target="_blank">mcooper@rbbn.com</a></u><b>&nbsp;</b></p> <p>&nbsp;</p> <p>&nbsp;</p> <div> <table border="0" cellpadding="0" cellspacing="0" class="prntblns"> <tbody> <tr> <td class="prngen5 prnpr6" colspan="9" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">RIBBON COMMUNICATIONS INC.</span></p> </td> </tr> <tr> <td class="prngen2" colspan="9" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Consolidated Statements of Operations</span></p> </td> </tr> <tr> <td class="prngen2" colspan="9" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(in thousands, except percentages and per share amounts)</span></p> </td> </tr> <tr> <td class="prngen2" colspan="9" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(unaudited)</span></p> </td> </tr> <tr> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen4" colspan="5" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Three months ended</span></p> </td> </tr> <tr> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen2" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">December 31,</span></p> </td> <td class="prngen5" nowrap="nowrap">&nbsp;</td> <td class="prngen2" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">September 30,</span></p> </td> <td class="prngen5" nowrap="nowrap">&nbsp;</td> <td class="prngen2" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">December 31,</span></p> </td> </tr> <tr> <td class="prngen5" nowrap="nowrap">&nbsp;</td> <td class="prngen5" nowrap="nowrap">&nbsp;</td> <td class="prngen5" nowrap="nowrap">&nbsp;</td> <td class="prngen5" nowrap="nowrap">&nbsp;</td> <td class="prngen6" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">2018</span></p> </td> <td class="prngen5" nowrap="nowrap">&nbsp;</td> <td class="prngen6" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">2018</span></p> </td> <td class="prngen5" nowrap="nowrap">&nbsp;</td> <td class="prngen6" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">2017</span></p> </td> </tr> <tr> <td class="prngen7" colspan="4" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Revenue:</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen7" colspan="3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Product</span></p> </td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 87,077</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 77,283</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 82,814</span></p> </td> </tr> <tr> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen7" colspan="3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Service</span></p> </td> <td class="prngen8" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">79,819</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen8" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">75,185</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen8" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">63,398</span></p> </td> </tr> <tr> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen7" colspan="2" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Total revenue</span></p> </td> <td class="prngen9" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">166,896</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen9" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">152,468</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen9" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">146,212</span></p> </td> </tr> <tr> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen7" colspan="4" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Cost of revenue:</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen7" colspan="3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Product</span></p> </td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">40,002</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">38,891</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">41,502</span></p> </td> </tr> <tr> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen7" colspan="3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Service</span></p> </td> <td class="prngen8" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">31,180</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen8" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">31,343</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen8" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">27,911</span></p> </td> </tr> <tr> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen7" colspan="2" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Total cost of revenue</span></p> </td> <td class="prngen9" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">71,182</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen9" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">70,234</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen9" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">69,413</span></p> </td> </tr> <tr> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen10" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen10" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen10" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen7" colspan="4" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Gross profit</span></p> </td> <td class="prngen8" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">95,714</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen8" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">82,234</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen8" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">76,799</span></p> </td> </tr> <tr> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen7" colspan="4" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Gross margin:</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen7" colspan="3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Product</span></p> </td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">54.1%</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">49.7%</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">49.9%</span></p> </td> </tr> <tr> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen7" colspan="3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Service</span></p> </td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">60.9%</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">58.3%</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">56.0%</span></p> </td> </tr> <tr> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen7" colspan="2" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Total gross margin</span></p> </td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">57.3%</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">53.9%</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">52.5%</span></p> </td> </tr> <tr> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen7" colspan="4" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Operating expenses:</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen7" colspan="3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Research and development</span></p> </td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">36,406</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">34,403</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">40,410</span></p> </td> </tr> <tr> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen7" colspan="3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Sales and marketing</span></p> </td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">34,124</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">31,488</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">35,553</span></p> </td> </tr> <tr> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen7" colspan="3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">General and administrative</span></p> </td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">19,465</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">15,942</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">19,649</span></p> </td> </tr> <tr> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen7" colspan="3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Acquisition- and integration-related</span></p> </td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">2,689</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">5,570</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">8,485</span></p> </td> </tr> <tr> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen7" colspan="3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Restructuring</span></p> </td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">1,853</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">2,397</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">8,365</span></p> </td> </tr> <tr> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen7" colspan="2" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Total operating expenses</span></p> </td> <td class="prngen12" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">94,537</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen12" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">89,800</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen12" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">112,462</span></p> </td> </tr> <tr> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen7" colspan="4" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Income (loss) from operations</span></p> </td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">1,177</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3 prnpr10" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(7,566)</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen13" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(35,663)</span></p> </td> </tr> <tr> <td class="prngen7" colspan="4" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Interest expense, net</span></p> </td> <td class="prngen13" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(1,476)</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen13" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(1,420)</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen13" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(509)</span></p> </td> </tr> <tr> <td class="prngen7" colspan="4" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Other (expense) income, net</span></p> </td> <td class="prngen8 prnpr10" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(714)</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen14" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(1,254)</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen8" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">697</span></p> </td> </tr> <tr> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen7" colspan="4" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Loss before income taxes</span></p> </td> <td class="prngen13" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(1,013)</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen13" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(10,240)</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen13" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(35,475)</span></p> </td> </tr> <tr> <td class="prngen7" colspan="4" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Income tax (provision) benefit</span></p> </td> <td class="prngen14" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(813)</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen8" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">82</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen8" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">19,761</span></p> </td> </tr> <tr> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen7" colspan="3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Net loss</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen32 prnpr10" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ (1,826)</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen15" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ (10,158)</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen15" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ (15,714)</span></p> </td> </tr> <tr> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen7" colspan="4" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Loss per share:</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen7" colspan="2" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Basic</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen13" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ (0.02)</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen13" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ (0.10)</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen13" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ (0.18)</span></p> </td> </tr> <tr> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen7" colspan="3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Diluted</span></p> </td> <td class="prngen13" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ (0.02)</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen13" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ (0.10)</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen13" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ (0.18)</span></p> </td> </tr> <tr> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen7" colspan="4" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Shares used to compute loss per share:</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen7" colspan="2" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Basic</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">106,607</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">104,918</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">86,567</span></p> </td> </tr> <tr> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen7" colspan="3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Diluted</span></p> </td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">106,607</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">104,918</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">86,567</span></p> </td> </tr> </tbody> </table> </div> <p>&nbsp;</p> <p>&nbsp;</p> <div> <table border="0" cellpadding="0" cellspacing="0" class="prntblns"> <tbody> <tr> <td class="prngen2" colspan="7"> <p class="prnews_p"><span class="prnews_span">RIBBON COMMUNICATIONS INC.</span></p> </td> </tr> <tr> <td class="prngen2" colspan="7"> <p class="prnews_p"><span class="prnews_span">Consolidated Statements of Operations</span></p> </td> </tr> <tr> <td class="prngen2" colspan="7"> <p class="prnews_p"><span class="prnews_span">(in thousands, except percentages and per share amounts)</span></p> </td> </tr> <tr> <td class="prngen2" colspan="7"> <p class="prnews_p"><span class="prnews_span">(unaudited)</span></p> </td> </tr> <tr> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> </tr> <tr> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> </tr> <tr> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen4" colspan="3"> <p class="prnews_p"><span class="prnews_span">Year ended</span></p> </td> </tr> <tr> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen5">&nbsp;</td> <td class="prngen2"> <p class="prnews_p"><span class="prnews_span">December 31,</span></p> </td> <td class="prngen5">&nbsp;</td> <td class="prngen2"> <p class="prnews_p"><span class="prnews_span">December 31,</span></p> </td> </tr> <tr> <td class="prngen5">&nbsp;</td> <td class="prngen5">&nbsp;</td> <td class="prngen5">&nbsp;</td> <td class="prngen5">&nbsp;</td> <td class="prngen6"> <p class="prnews_p"><span class="prnews_span">2018</span></p> </td> <td class="prngen5">&nbsp;</td> <td class="prngen6"> <p class="prnews_p"><span class="prnews_span">2017</span></p> </td> </tr> <tr> <td class="prngen7" colspan="4"> <p class="prnews_p"><span class="prnews_span">Revenue:</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> </tr> <tr> <td class="prngen3">&nbsp;</td> <td class="prngen7" colspan="3"> <p class="prnews_p"><span class="prnews_span">Product</span></p> </td> <td class="prngen3"> <p class="prnews_p"><span class="prnews_span">$ 279,014</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen3"> <p class="prnews_p"><span class="prnews_span">$ 181,119</span></p> </td> </tr> <tr> <td class="prngen3">&nbsp;</td> <td class="prngen7" colspan="3"> <p class="prnews_p"><span class="prnews_span">Service</span></p> </td> <td class="prngen8"> <p class="prnews_p"><span class="prnews_span">298,891</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen8"> <p class="prnews_p"><span class="prnews_span">148,823</span></p> </td> </tr> <tr> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen7" colspan="2"> <p class="prnews_p"><span class="prnews_span">Total revenue</span></p> </td> <td class="prngen9"> <p class="prnews_p"><span class="prnews_span">577,905</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen9"> <p class="prnews_p"><span class="prnews_span">329,942</span></p> </td> </tr> <tr> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> </tr> <tr> <td class="prngen7" colspan="4"> <p class="prnews_p"><span class="prnews_span">Cost of revenue:</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> </tr> <tr> <td class="prngen3">&nbsp;</td> <td class="prngen7" colspan="3"> <p class="prnews_p"><span class="prnews_span">Product</span></p> </td> <td class="prngen3"> <p class="prnews_p"><span class="prnews_span">142,185</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen3"> <p class="prnews_p"><span class="prnews_span">70,250</span></p> </td> </tr> <tr> <td class="prngen3">&nbsp;</td> <td class="prngen7" colspan="3"> <p class="prnews_p"><span class="prnews_span">Service</span></p> </td> <td class="prngen8"> <p class="prnews_p"><span class="prnews_span">127,388</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen8"> <p class="prnews_p"><span class="prnews_span">58,196</span></p> </td> </tr> <tr> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen7" colspan="2"> <p class="prnews_p"><span class="prnews_span">Total cost of revenue</span></p> </td> <td class="prngen9"> <p class="prnews_p"><span class="prnews_span">269,573</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen9"> <p class="prnews_p"><span class="prnews_span">128,446</span></p> </td> </tr> <tr> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen10">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen10">&nbsp;</td> </tr> <tr> <td class="prngen7" colspan="4"> <p class="prnews_p"><span class="prnews_span">Gross profit</span></p> </td> <td class="prngen8"> <p class="prnews_p"><span class="prnews_span">308,332</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen8"> <p class="prnews_p"><span class="prnews_span">201,496</span></p> </td> </tr> <tr> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> </tr> <tr> <td class="prngen7" colspan="4"> <p class="prnews_p"><span class="prnews_span">Gross margin:</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> </tr> <tr> <td class="prngen3">&nbsp;</td> <td class="prngen7" colspan="3"> <p class="prnews_p"><span class="prnews_span">Product</span></p> </td> <td class="prngen11"> <p class="prnews_p"><span class="prnews_span">49.0%</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen11"> <p class="prnews_p"><span class="prnews_span">61.2%</span></p> </td> </tr> <tr> <td class="prngen3">&nbsp;</td> <td class="prngen7" colspan="3"> <p class="prnews_p"><span class="prnews_span">Service</span></p> </td> <td class="prngen11"> <p class="prnews_p"><span class="prnews_span">57.4%</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen11"> <p class="prnews_p"><span class="prnews_span">60.9%</span></p> </td> </tr> <tr> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen7" colspan="2"> <p class="prnews_p"><span class="prnews_span">Total gross margin</span></p> </td> <td class="prngen11"> <p class="prnews_p"><span class="prnews_span">53.4%</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen11"> <p class="prnews_p"><span class="prnews_span">61.1%</span></p> </td> </tr> <tr> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> </tr> <tr> <td class="prngen7" colspan="4"> <p class="prnews_p"><span class="prnews_span">Operating expenses:</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> </tr> <tr> <td class="prngen3">&nbsp;</td> <td class="prngen7" colspan="3"> <p class="prnews_p"><span class="prnews_span">Research and development</span></p> </td> <td class="prngen3"> <p class="prnews_p"><span class="prnews_span">145,462</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen3"> <p class="prnews_p"><span class="prnews_span">101,481</span></p> </td> </tr> <tr> <td class="prngen3">&nbsp;</td> <td class="prngen7" colspan="3"> <p class="prnews_p"><span class="prnews_span">Sales and marketing</span></p> </td> <td class="prngen3"> <p class="prnews_p"><span class="prnews_span">128,276</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen3"> <p class="prnews_p"><span class="prnews_span">83,403</span></p> </td> </tr> <tr> <td class="prngen3">&nbsp;</td> <td class="prngen7" colspan="3"> <p class="prnews_p"><span class="prnews_span">General and administrative</span></p> </td> <td class="prngen3"> <p class="prnews_p"><span class="prnews_span">66,036</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen3"> <p class="prnews_p"><span class="prnews_span">47,642</span></p> </td> </tr> <tr> <td class="prngen3">&nbsp;</td> <td class="prngen7" colspan="3"> <p class="prnews_p"><span class="prnews_span">Acquisition- and integration-related</span></p> </td> <td class="prngen3"> <p class="prnews_p"><span class="prnews_span">16,951</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen3"> <p class="prnews_p"><span class="prnews_span">14,763</span></p> </td> </tr> <tr> <td class="prngen3">&nbsp;</td> <td class="prngen7" colspan="3"> <p class="prnews_p"><span class="prnews_span">Restructuring</span></p> </td> <td class="prngen3"> <p class="prnews_p"><span class="prnews_span">17,015</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen3"> <p class="prnews_p"><span class="prnews_span">9,436</span></p> </td> </tr> <tr> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen7" colspan="2"> <p class="prnews_p"><span class="prnews_span">Total operating expenses</span></p> </td> <td class="prngen12"> <p class="prnews_p"><span class="prnews_span">373,740</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen12"> <p class="prnews_p"><span class="prnews_span">256,725</span></p> </td> </tr> <tr> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> </tr> <tr> <td class="prngen7" colspan="4"> <p class="prnews_p"><span class="prnews_span">Loss from operations</span></p> </td> <td class="prngen13"> <p class="prnews_p"><span class="prnews_span">(65,408)</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen13"> <p class="prnews_p"><span class="prnews_span">(55,229)</span></p> </td> </tr> <tr> <td class="prngen7" colspan="4"> <p class="prnews_p"><span class="prnews_span">Interest (expense) income, net</span></p> </td> <td class="prngen13"> <p class="prnews_p"><span class="prnews_span">(4,230)</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen3"> <p class="prnews_p"><span class="prnews_span">263</span></p> </td> </tr> <tr> <td class="prngen7" colspan="4"> <p class="prnews_p"><span class="prnews_span">Other (expense) income, net</span></p> </td> <td class="prngen14"> <p class="prnews_p"><span class="prnews_span">(3,772)</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen8"> <p class="prnews_p"><span class="prnews_span">1,274</span></p> </td> </tr> <tr> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> </tr> <tr> <td class="prngen7" colspan="4"> <p class="prnews_p"><span class="prnews_span">Loss before income taxes</span></p> </td> <td class="prngen13"> <p class="prnews_p"><span class="prnews_span">(73,410)</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen13"> <p class="prnews_p"><span class="prnews_span">(53,692)</span></p> </td> </tr> <tr> <td class="prngen7" colspan="4"> <p class="prnews_p"><span class="prnews_span">Income tax (provision) benefit</span></p> </td> <td class="prngen14"> <p class="prnews_p"><span class="prnews_span">(3,400)</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen8"> <p class="prnews_p"><span class="prnews_span">18,440</span></p> </td> </tr> <tr> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> </tr> <tr> <td class="prngen7" colspan="3"> <p class="prnews_p"><span class="prnews_span">Net loss</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen15"> <p class="prnews_p"><span class="prnews_span">$ (76,810)</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen15"> <p class="prnews_p"><span class="prnews_span">$ (35,252)</span></p> </td> </tr> <tr> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> </tr> <tr> <td class="prngen7" colspan="4"> <p class="prnews_p"><span class="prnews_span">Loss per share:</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> </tr> <tr> <td class="prngen3">&nbsp;</td> <td class="prngen7" colspan="2"> <p class="prnews_p"><span class="prnews_span">Basic</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen13"> <p class="prnews_p"><span class="prnews_span">$ (0.74)</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen13"> <p class="prnews_p"><span class="prnews_span">$ (0.60)</span></p> </td> </tr> <tr> <td class="prngen3">&nbsp;</td> <td class="prngen7" colspan="3"> <p class="prnews_p"><span class="prnews_span">Diluted</span></p> </td> <td class="prngen13"> <p class="prnews_p"><span class="prnews_span">$ (0.74)</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen13"> <p class="prnews_p"><span class="prnews_span">$ (0.60)</span></p> </td> </tr> <tr> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> </tr> <tr> <td class="prngen7" colspan="4"> <p class="prnews_p"><span class="prnews_span">Shares used to compute loss per share:</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> </tr> <tr> <td class="prngen3">&nbsp;</td> <td class="prngen7" colspan="2"> <p class="prnews_p"><span class="prnews_span">Basic</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen3"> <p class="prnews_p"><span class="prnews_span">103,916</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen3"> <p class="prnews_p"><span class="prnews_span">58,822</span></p> </td> </tr> <tr> <td class="prngen3">&nbsp;</td> <td class="prngen7" colspan="3"> <p class="prnews_p"><span class="prnews_span">Diluted</span></p> </td> <td class="prngen3"> <p class="prnews_p"><span class="prnews_span">103,916</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen3"> <p class="prnews_p"><span class="prnews_span">58,822</span></p> </td> </tr> </tbody> </table> </div> <p>&nbsp;</p> <p>&nbsp;</p> <div> <table border="0" cellpadding="0" cellspacing="0" class="prntblns"> <tbody> <tr> <td class="prngen2" colspan="7"> <p class="prnews_p"><span class="prnews_span">RIBBON COMMUNICATIONS INC.</span></p> </td> </tr> <tr> <td class="prngen2" colspan="7"> <p class="prnews_p"><span class="prnews_span">Consolidated Balance Sheets</span></p> </td> </tr> <tr> <td class="prngen2" colspan="7"> <p class="prnews_p"><span class="prnews_span">(in thousands)</span></p> </td> </tr> <tr> <td class="prngen2" colspan="7"> <p class="prnews_p"><span class="prnews_span">(unaudited)</span></p> </td> </tr> <tr> <td class="prngen3 prnpr8">&nbsp;</td> <td class="prngen16">&nbsp;</td> <td class="prngen16">&nbsp;</td> <td class="prngen16">&nbsp;</td> <td class="prngen16">&nbsp;</td> <td class="prngen16">&nbsp;</td> <td class="prngen16">&nbsp;</td> </tr> <tr> <td class="prngen16">&nbsp;</td> <td class="prngen16">&nbsp;</td> <td class="prngen16">&nbsp;</td> <td class="prngen16">&nbsp;</td> <td class="prngen16">&nbsp;</td> <td class="prngen16">&nbsp;</td> <td class="prngen16">&nbsp;</td> </tr> <tr> <td class="prngen16">&nbsp;</td> <td class="prngen16">&nbsp;</td> <td class="prngen16">&nbsp;</td> <td class="prngen5 prnpr8">&nbsp;</td> <td class="prngen2"> <p class="prnews_p"><span class="prnews_span">December 31,</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen2"> <p class="prnews_p"><span class="prnews_span">December 31,</span></p> </td> </tr> <tr> <td class="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</td> <td class="prngen6 prnpr8"> <p class="prnews_p"><span class="prnews_span">2018</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen18"> <p class="prnews_p"><span class="prnews_span">2017</span></p> </td> </tr> <tr> <td class="prngen7" colspan="4"> <p class="prnews_p"><span class="prnews_span"><b>Assets</b></span></p> </td> <td class="prngen16">&nbsp;</td> <td class="prngen16">&nbsp;</td> <td class="prngen16">&nbsp;</td> </tr> <tr> <td class="prngen7" colspan="4"> <p class="prnews_p"><span class="prnews_span">Current assets:</span></p> </td> <td class="prngen16">&nbsp;</td> <td class="prngen16">&nbsp;</td> <td class="prngen16">&nbsp;</td> </tr> <tr> <td class="prngen16">&nbsp;</td> <td class="prngen7" colspan="3"> <p class="prnews_p"><span class="prnews_span">Cash and cash equivalents</span></p> </td> <td class="prngen16"> <p class="prnews_p"><span class="prnews_span">$ 43,694</span></p> </td> <td class="prngen16">&nbsp;</td> <td class="prngen16"> <p class="prnews_p"><span class="prnews_span">$ 57,073</span></p> </td> </tr> <tr> <td class="prngen16">&nbsp;</td> <td class="prngen7" colspan="3"> <p class="prnews_p"><span class="prnews_span">Marketable securities</span></p> </td> <td class="prngen16"> <p class="prnews_p"><span class="prnews_span">7,284</span></p> </td> <td class="prngen16">&nbsp;</td> <td class="prngen16"> <p class="prnews_p"><span class="prnews_span">17,224</span></p> </td> </tr> <tr> <td class="prngen16">&nbsp;</td> <td class="prngen7" colspan="3"> <p class="prnews_p"><span class="prnews_span">Accounts receivable, net</span></p> </td> <td class="prngen16"> <p class="prnews_p"><span class="prnews_span">187,853</span></p> </td> <td class="prngen16">&nbsp;</td> <td class="prngen16"> <p class="prnews_p"><span class="prnews_span">165,156</span></p> </td> </tr> <tr> <td class="prngen16">&nbsp;</td> <td class="prngen7" colspan="3"> <p class="prnews_p"><span class="prnews_span">Inventory</span></p> </td> <td class="prngen16"> <p class="prnews_p"><span class="prnews_span">22,602</span></p> </td> <td class="prngen16">&nbsp;</td> <td class="prngen16"> <p class="prnews_p"><span class="prnews_span">21,303</span></p> </td> </tr> <tr> <td class="prngen16">&nbsp;</td> <td class="prngen7" colspan="3"> <p class="prnews_p"><span class="prnews_span">Other current assets</span></p> </td> <td class="prngen8 prnpr8"> <p class="prnews_p"><span class="prnews_span">17,002</span></p> </td> <td class="prngen16">&nbsp;</td> <td class="prngen19"> <p class="prnews_p"><span class="prnews_span">21,463</span></p> </td> </tr> <tr> <td class="prngen16">&nbsp;</td> <td class="prngen16">&nbsp;</td> <td class="prngen7" colspan="2"> <p class="prnews_p"><span class="prnews_span">Total current assets</span></p> </td> <td class="prngen16"> <p class="prnews_p"><span class="prnews_span">278,435</span></p> </td> <td class="prngen16">&nbsp;</td> <td class="prngen16"> <p class="prnews_p"><span class="prnews_span">282,219</span></p> </td> </tr> <tr> <td class="prngen16">&nbsp;</td> <td class="prngen16">&nbsp;</td> <td class="prngen16">&nbsp;</td> <td class="prngen16">&nbsp;</td> <td class="prngen16">&nbsp;</td> <td class="prngen16">&nbsp;</td> <td class="prngen16">&nbsp;</td> </tr> <tr> <td class="prngen7" colspan="4"> <p class="prnews_p"><span class="prnews_span">Property and equipment, net</span></p> </td> <td class="prngen16"> <p class="prnews_p"><span class="prnews_span">27,042</span></p> </td> <td class="prngen16">&nbsp;</td> <td class="prngen16"> <p class="prnews_p"><span class="prnews_span">24,780</span></p> </td> </tr> <tr> <td class="prngen7" colspan="4"> <p class="prnews_p"><span class="prnews_span">Intangible assets, net</span></p> </td> <td class="prngen16"> <p class="prnews_p"><span class="prnews_span">251,391</span></p> </td> <td class="prngen16">&nbsp;</td> <td class="prngen16"> <p class="prnews_p"><span class="prnews_span">244,414</span></p> </td> </tr> <tr> <td class="prngen7" colspan="3"> <p class="prnews_p"><span class="prnews_span">Goodwill</span></p> </td> <td class="prngen16">&nbsp;</td> <td class="prngen16"> <p class="prnews_p"><span class="prnews_span">383,655</span></p> </td> <td class="prngen16">&nbsp;</td> <td class="prngen16"> <p class="prnews_p"><span class="prnews_span">335,716</span></p> </td> </tr> <tr> <td class="prngen7" colspan="4"> <p class="prnews_p"><span class="prnews_span">Investments</span></p> </td> <td class="prngen16"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> <td class="prngen16">&nbsp;</td> <td class="prngen16"> <p class="prnews_p"><span class="prnews_span">9,031</span></p> </td> </tr> <tr> <td class="prngen7" colspan="4"> <p class="prnews_p"><span class="prnews_span">Deferred income taxes</span></p> </td> <td class="prngen16"> <p class="prnews_p"><span class="prnews_span">9,152</span></p> </td> <td class="prngen16">&nbsp;</td> <td class="prngen16"> <p class="prnews_p"><span class="prnews_span">8,434</span></p> </td> </tr> <tr> <td class="prngen7" colspan="4"> <p class="prnews_p"><span class="prnews_span">Other assets</span></p> </td> <td class="prngen16"> <p class="prnews_p"><span class="prnews_span">7,484</span></p> </td> <td class="prngen16">&nbsp;</td> <td class="prngen16"> <p class="prnews_p"><span class="prnews_span">6,289</span></p> </td> </tr> <tr> <td class="prngen16">&nbsp;</td> <td class="prngen16">&nbsp;</td> <td class="prngen16">&nbsp;</td> <td class="prngen16">&nbsp;</td> <td class="prngen30 prnpr8"> <p class="prnews_p"><span class="prnews_span">$ 957,159</span></p> </td> <td class="prngen16">&nbsp;</td> <td class="prngen20"> <p class="prnews_p"><span class="prnews_span">$ 910,883</span></p> </td> </tr> <tr> <td class="prngen16">&nbsp;</td> <td class="prngen16">&nbsp;</td> <td class="prngen16">&nbsp;</td> <td class="prngen16">&nbsp;</td> <td class="prngen16">&nbsp;</td> <td class="prngen16">&nbsp;</td> <td class="prngen16">&nbsp;</td> </tr> <tr> <td class="prngen7" colspan="4"> <p class="prnews_p"><span class="prnews_span"><b>Liabilities and Stockholders' Equity</b></span></p> </td> <td class="prngen16">&nbsp;</td> <td class="prngen16">&nbsp;</td> <td class="prngen16">&nbsp;</td> </tr> <tr> <td class="prngen7" colspan="4"> <p class="prnews_p"><span class="prnews_span">Current liabilities:</span></p> </td> <td class="prngen16">&nbsp;</td> <td class="prngen16">&nbsp;</td> <td class="prngen16">&nbsp;</td> </tr> <tr> <td class="prngen16">&nbsp;</td> <td class="prngen7" colspan="3"> <p class="prnews_p"><span class="prnews_span">Revolving credit facility</span></p> </td> <td class="prngen16"> <p class="prnews_p"><span class="prnews_span">$ 55,000</span></p> </td> <td class="prngen16">&nbsp;</td> <td class="prngen16"> <p class="prnews_p"><span class="prnews_span">$ 20,000</span></p> </td> </tr> <tr> <td class="prngen16">&nbsp;</td> <td class="prngen7" colspan="3"> <p class="prnews_p"><span class="prnews_span">Accounts payable</span></p> </td> <td class="prngen16"> <p class="prnews_p"><span class="prnews_span">45,304</span></p> </td> <td class="prngen16">&nbsp;</td> <td class="prngen16"> <p class="prnews_p"><span class="prnews_span">45,851</span></p> </td> </tr> <tr> <td class="prngen16">&nbsp;</td> <td class="prngen7" colspan="3"> <p class="prnews_p"><span class="prnews_span">Accrued expenses and other</span></p> </td> <td class="prngen16"> <p class="prnews_p"><span class="prnews_span">84,263</span></p> </td> <td class="prngen16">&nbsp;</td> <td class="prngen16"> <p class="prnews_p"><span class="prnews_span">76,380</span></p> </td> </tr> <tr> <td class="prngen16">&nbsp;</td> <td class="prngen7" colspan="3"> <p class="prnews_p"><span class="prnews_span">Deferred revenue</span></p> </td> <td class="prngen19"> <p class="prnews_p"><span class="prnews_span">105,087</span></p> </td> <td class="prngen16">&nbsp;</td> <td class="prngen19"> <p class="prnews_p"><span class="prnews_span">100,571</span></p> </td> </tr> <tr> <td class="prngen16">&nbsp;</td> <td class="prngen16">&nbsp;</td> <td class="prngen7" colspan="2"> <p class="prnews_p"><span class="prnews_span">Total current liabilities</span></p> </td> <td class="prngen16"> <p class="prnews_p"><span class="prnews_span">289,654</span></p> </td> <td class="prngen16">&nbsp;</td> <td class="prngen16"> <p class="prnews_p"><span class="prnews_span">242,802</span></p> </td> </tr> <tr> <td class="prngen16">&nbsp;</td> <td class="prngen16">&nbsp;</td> <td class="prngen16">&nbsp;</td> <td class="prngen16">&nbsp;</td> <td class="prngen16">&nbsp;</td> <td class="prngen16">&nbsp;</td> <td class="prngen16">&nbsp;</td> </tr> <tr> <td class="prngen7" colspan="4"> <p class="prnews_p"><span class="prnews_span">Long-term debt, related party</span></p> </td> <td class="prngen16"> <p class="prnews_p"><span class="prnews_span">24,100</span></p> </td> <td class="prngen16">&nbsp;</td> <td class="prngen16"> <p class="prnews_p"><span class="prnews_span">22,500</span></p> </td> </tr> <tr> <td class="prngen7" colspan="4"> <p class="prnews_p"><span class="prnews_span">Deferred revenue, net of current</span></p> </td> <td class="prngen16"> <p class="prnews_p"><span class="prnews_span">17,572</span></p> </td> <td class="prngen16">&nbsp;</td> <td class="prngen16"> <p class="prnews_p"><span class="prnews_span">14,184</span></p> </td> </tr> <tr> <td class="prngen7" colspan="4"> <p class="prnews_p"><span class="prnews_span">Deferred income taxes</span></p> </td> <td class="prngen16"> <p class="prnews_p"><span class="prnews_span">4,738</span></p> </td> <td class="prngen16">&nbsp;</td> <td class="prngen16"> <p class="prnews_p"><span class="prnews_span">2,787</span></p> </td> </tr> <tr> <td class="prngen7" colspan="4"> <p class="prnews_p"><span class="prnews_span">Other long-term liabilities</span></p> </td> <td class="prngen19"> <p class="prnews_p"><span class="prnews_span">30,797</span></p> </td> <td class="prngen16">&nbsp;</td> <td class="prngen19"> <p class="prnews_p"><span class="prnews_span">13,189</span></p> </td> </tr> <tr> <td class="prngen16">&nbsp;</td> <td class="prngen16">&nbsp;</td> <td class="prngen16">&nbsp;</td> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span">Total liabilities</span></p> </td> <td class="prngen19"> <p class="prnews_p"><span class="prnews_span">366,861</span></p> </td> <td class="prngen16">&nbsp;</td> <td class="prngen19"> <p class="prnews_p"><span class="prnews_span">295,462</span></p> </td> </tr> <tr> <td class="prngen16">&nbsp;</td> <td class="prngen16">&nbsp;</td> <td class="prngen16">&nbsp;</td> <td class="prngen16">&nbsp;</td> <td class="prngen16">&nbsp;</td> <td class="prngen16">&nbsp;</td> <td class="prngen16">&nbsp;</td> </tr> <tr> <td class="prngen7" colspan="4"> <p class="prnews_p"><span class="prnews_span">Commitments and contingencies</span></p> </td> <td class="prngen16">&nbsp;</td> <td class="prngen16">&nbsp;</td> <td class="prngen16">&nbsp;</td> </tr> <tr> <td class="prngen16">&nbsp;</td> <td class="prngen16">&nbsp;</td> <td class="prngen16">&nbsp;</td> <td class="prngen16">&nbsp;</td> <td class="prngen16">&nbsp;</td> <td class="prngen16">&nbsp;</td> <td class="prngen16">&nbsp;</td> </tr> <tr> <td class="prngen7" colspan="4"> <p class="prnews_p"><span class="prnews_span">Stockholders' equity:</span></p> </td> <td class="prngen16">&nbsp;</td> <td class="prngen16">&nbsp;</td> <td class="prngen16">&nbsp;</td> </tr> <tr> <td class="prngen16">&nbsp;</td> <td class="prngen7" colspan="3"> <p class="prnews_p"><span class="prnews_span">Common stock</span></p> </td> <td class="prngen16"> <p class="prnews_p"><span class="prnews_span">11</span></p> </td> <td class="prngen16">&nbsp;</td> <td class="prngen16"> <p class="prnews_p"><span class="prnews_span">10</span></p> </td> </tr> <tr> <td class="prngen16">&nbsp;</td> <td class="prngen7" colspan="3"> <p class="prnews_p"><span class="prnews_span">Additional paid-in capital</span></p> </td> <td class="prngen16"> <p class="prnews_p"><span class="prnews_span">1,723,576</span></p> </td> <td class="prngen16">&nbsp;</td> <td class="prngen16"> <p class="prnews_p"><span class="prnews_span">1,684,768</span></p> </td> </tr> <tr> <td class="prngen16">&nbsp;</td> <td class="prngen7" colspan="3"> <p class="prnews_p"><span class="prnews_span">Accumulated deficit</span></p> </td> <td class="prngen11"> <p class="prnews_p"><span class="prnews_span">(1,136,992)</span></p> </td> <td class="prngen16">&nbsp;</td> <td class="prngen11"> <p class="prnews_p"><span class="prnews_span">(1,072,426)</span></p> </td> </tr> <tr> <td class="prngen16">&nbsp;</td> <td class="prngen7" colspan="3"> <p class="prnews_p"><span class="prnews_span">Accumulated other comprehensive income</span></p> </td> <td class="prngen16"> <p class="prnews_p"><span class="prnews_span">3,703</span></p> </td> <td class="prngen16">&nbsp;</td> <td class="prngen16"> <p class="prnews_p"><span class="prnews_span">3,069</span></p> </td> </tr> <tr> <td class="prngen16">&nbsp;</td> <td class="prngen16">&nbsp;</td> <td class="prngen16">&nbsp;</td> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span">Total stockholders' equity</span></p> </td> <td class="prngen21"> <p class="prnews_p"><span class="prnews_span">590,298</span></p> </td> <td class="prngen16">&nbsp;</td> <td class="prngen21"> <p class="prnews_p"><span class="prnews_span">615,421</span></p> </td> </tr> <tr> <td class="prngen16">&nbsp;</td> <td class="prngen16">&nbsp;</td> <td class="prngen16">&nbsp;</td> <td class="prngen16">&nbsp;</td> <td class="prngen22"> <p class="prnews_p"><span class="prnews_span">$ 957,159</span></p> </td> <td class="prngen16">&nbsp;</td> <td class="prngen22"> <p class="prnews_p"><span class="prnews_span">$ 910,883</span></p> </td> </tr> </tbody> </table> </div> <p>&nbsp;</p> <p>&nbsp;</p> <div> <table border="0" cellpadding="0" cellspacing="0" class="prntblns"> <tbody> <tr> <td class="prngen2" colspan="8" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">RIBBON COMMUNICATIONS INC.</span></p> </td> </tr> <tr> <td class="prngen2" colspan="8" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Consolidated Statements of Cash Flows</span></p> </td> </tr> <tr> <td class="prngen2" colspan="8" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(in thousands)</span></p> </td> </tr> <tr> <td class="prngen2" colspan="8" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(unaudited)</span></p> </td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen17" nowrap="nowrap">&nbsp;</td> <td class="prngen17" nowrap="nowrap">&nbsp;</td> <td class="prngen17" nowrap="nowrap">&nbsp;</td> <td class="prngen17" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen17" nowrap="nowrap">&nbsp;</td> <td class="prngen17" nowrap="nowrap">&nbsp;</td> <td class="prngen17" nowrap="nowrap">&nbsp;</td> <td class="prngen17" nowrap="nowrap">&nbsp;</td> <td class="prngen17" nowrap="nowrap">&nbsp;</td> <td class="prngen4" colspan="3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Year ended</span></p> </td> </tr> <tr> <td class="prngen17" nowrap="nowrap">&nbsp;</td> <td class="prngen17" nowrap="nowrap">&nbsp;</td> <td class="prngen17" nowrap="nowrap">&nbsp;</td> <td class="prngen17" nowrap="nowrap">&nbsp;</td> <td class="prngen17" nowrap="nowrap">&nbsp;</td> <td class="prngen2" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span"> December 31, </span></p> </td> <td class="prngen17" nowrap="nowrap">&nbsp;</td> <td class="prngen2" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span"> December 31, </span></p> </td> </tr> <tr> <td class="prngen17" nowrap="nowrap">&nbsp;</td> <td class="prngen17" nowrap="nowrap">&nbsp;</td> <td class="prngen17" nowrap="nowrap">&nbsp;</td> <td class="prngen17" nowrap="nowrap">&nbsp;</td> <td class="prngen17" nowrap="nowrap">&nbsp;</td> <td class="prngen18" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">2018</span></p> </td> <td class="prngen17" nowrap="nowrap">&nbsp;</td> <td class="prngen18" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">2017</span></p> </td> </tr> <tr> <td class="prngen7" colspan="5" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Cash flows from operating activities:</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen7" colspan="3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Net loss</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ (76,810)</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ (35,252)</span></p> </td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen7" colspan="5" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Adjustments to reconcile net loss to cash flows (used in) provided by operating activities:</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen7" colspan="3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Depreciation and amortization of property and equipment</span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">11,200</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">8,486</span></p> </td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen7" colspan="3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Amortization of intangible assets</span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">49,723</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">17,112</span></p> </td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen7" colspan="3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Stock-based compensation</span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">11,072</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">25,657</span></p> </td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen7" colspan="3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Impairment of intangible assets</span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">5,471</span></p> </td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen7" colspan="3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Deferred income taxes</span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">513</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(20,361)</span></p> </td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen7" colspan="2" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Other</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">4,611</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(1,340)</span></p> </td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen7" colspan="3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Changes in operating assets and liabilities:</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen7" colspan="2" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Accounts receivable</span></p> </td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(13,017)</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(30,759)</span></p> </td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen7" colspan="2" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Inventory</span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">993</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">5,786</span></p> </td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen7" colspan="2" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Other operating assets</span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">5,036</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">269</span></p> </td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen7" colspan="2" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Accounts payable</span></p> </td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(6,057)</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">13,415</span></p> </td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen7" colspan="2" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Accrued expenses and other long-term liabilities</span></p> </td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(13,422)</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(4,263)</span></p> </td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen7" colspan="2" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Deferred revenue</span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">16,563</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">23,859</span></p> </td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Net cash (used in) provided by operating activities</span></p> </td> <td class="prngen12 prnpr6" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(9,595)</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen21" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">8,080</span></p> </td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen7" colspan="5" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Cash flows from investing activities:</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen7" colspan="4" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Purchases of property and equipment</span></p> </td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(7,907)</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(3,999)</span></p> </td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen7" colspan="4" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Business acquisitions, net of cash acquired</span></p> </td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(46,389)</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(42,951)</span></p> </td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen7" colspan="4" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Purchases of marketable securities</span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(28,731)</span></p> </td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen7" colspan="4" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Sale/maturities of marketable securities</span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">18,919</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">96,112</span></p> </td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen7" colspan="4" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Proceeds from the sale of intangible assets</span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">576</span></p> </td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Net cash (used in) provided by investing activities</span></p> </td> <td class="prngen23" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(35,377)</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen21" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">21,007</span></p> </td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen7" colspan="5" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Cash flows from financing activities:</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen7" colspan="4" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Borrowings under revolving line of credit</span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">197,500</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">15,500</span></p> </td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen7" colspan="4" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Principal payments on revolving line of credit</span></p> </td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(162,500)</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(13,500)</span></p> </td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen7" colspan="4" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Principal payments of capital lease obligations</span></p> </td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(652)</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(99)</span></p> </td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen7" colspan="4" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Payment of debt issuance costs</span></p> </td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(624)</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(731)</span></p> </td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen7" colspan="4" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Proceeds from the sale of common stock in connection with employee purchase plan</span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">1,252</span></p> </td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen7" colspan="4" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Proceeds from the exercise of stock options</span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">73</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">617</span></p> </td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen7" colspan="4" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Payment of tax withholding obligations related to net share settlements of restricted stock awards</span></p> </td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(2,024)</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(7,523)</span></p> </td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Net cash provided by (used in) financing activities</span></p> </td> <td class="prngen21" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">31,773</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen23" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(4,484)</span></p> </td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen7" colspan="5" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Effect of exchange rate changes on cash and cash equivalents</span></p> </td> <td class="prngen24" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(180)</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen19" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">547</span></p> </td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen7" colspan="5" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Net (decrease) increase in cash and cash equivalents</span></p> </td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(13,379)</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">25,150</span></p> </td> </tr> <tr> <td class="prngen7" colspan="5" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Cash and cash equivalents, beginning of year</span></p> </td> <td class="prngen19" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">57,073</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen19" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">31,923</span></p> </td> </tr> <tr> <td class="prngen7" colspan="5" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Cash and cash equivalents, end of period</span></p> </td> <td class="prngen22" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 43,694</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen22" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 57,073</span></p> </td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> </tr> </tbody> </table> </div> <p>&nbsp;</p> <p>&nbsp;</p> <div> <table border="0" cellpadding="0" cellspacing="0" class="prntblns"> <tbody> <tr> <td class="prngen2" colspan="9" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">RIBBON COMMUNICATIONS INC.</span></p> </td> </tr> <tr> <td class="prngen2" colspan="9" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Supplemental Information</span></p> </td> </tr> <tr> <td class="prngen2" colspan="9" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(in thousands)</span></p> </td> </tr> <tr> <td class="prngen2" colspan="9" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(unaudited)</span></p> </td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen7" colspan="9"> <p class="prnews_p"><span class="prnews_span">The following tables provide the details of stock-based compensation, amortization of intangible assets, impairment of intangible assets, acquisition-related facilities adjustments, settlement expense, litigation costs, cancelled debt offering costs and merger integration costs included as components of other line items in the Company's Consolidated Statements of Operations and the line items in which these amounts are reported. </span></p> </td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen4" colspan="5" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span"> Three months ended </span></p> </td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen2" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">December 31,</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen2" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">September 30,</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen2" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">December 31,</span></p> </td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen18" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">2018</span></p> </td> <td class="prngen17" nowrap="nowrap">&nbsp;</td> <td class="prngen18" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">2018</span></p> </td> <td class="prngen17" nowrap="nowrap">&nbsp;</td> <td class="prngen18" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">2017</span></p> </td> </tr> <tr> <td class="prngen7" colspan="4" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span"><b>Stock-based compensation</b></span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen7" colspan="3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Cost of revenue - product</span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 23</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 21</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 253</span></p> </td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen7" colspan="3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Cost of revenue - service</span></p> </td> <td class="prngen19" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">81</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen19" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">65</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen19" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">671</span></p> </td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen7" colspan="2" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Cost of revenue</span></p> </td> <td class="prngen9 prnpr8" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">104</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen25" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">86</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen25" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">924</span></p> </td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen7" colspan="3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Research and development expense</span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">433</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">313</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">3,687</span></p> </td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen7" colspan="3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Sales and marketing expense</span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">991</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">585</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">3,195</span></p> </td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen7" colspan="3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">General and administrative expense</span></p> </td> <td class="prngen19" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">2,123</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen19" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">1,532</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen19" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">6,464</span></p> </td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen7" colspan="2" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Operating expense</span></p> </td> <td class="prngen19" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">3,547</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen19" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">2,430</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen19" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">13,346</span></p> </td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Total stock-based compensation</span></p> </td> <td class="prngen26" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 3,651</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen26" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 2,516</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen26" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 14,270</span></p> </td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen7" colspan="4" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span"><b>Amortization of intangible assets</b></span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen7" colspan="3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Cost of revenue - product</span></p> </td> <td class="prngen19" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 9,521</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen19" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 10,593</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen19" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 8,119</span></p> </td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen7" colspan="3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Sales and marketing expense</span></p> </td> <td class="prngen19" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">2,481</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen19" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">2,855</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen19" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">2,148</span></p> </td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen7" colspan="2" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Operating expense</span></p> </td> <td class="prngen25" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">2,481</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen25" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">2,855</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen25" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">2,148</span></p> </td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Total amortization of intangible assets</span></p> </td> <td class="prngen26" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 12,002</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen26" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 13,448</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen26" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 10,267</span></p> </td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen7" colspan="4" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span"><b>Impairment of intangible assets</b></span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen7" colspan="3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Cost of revenue - product</span></p> </td> <td class="prngen26" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ -</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen26" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ -</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen26" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 5,471</span></p> </td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen7" colspan="4" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span"><b>Acquisition-related facilities adjustments</b></span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen7" colspan="3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Cost of revenue - product</span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 20</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 20</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ -</span></p> </td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen7" colspan="3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Cost of revenue - service</span></p> </td> <td class="prngen19" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">60</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen19" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">60</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen19" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen7" colspan="2" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Cost of revenue</span></p> </td> <td class="prngen25" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">80</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen25" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">80</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen25" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen7" colspan="3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Research and development expense</span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">99</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">98</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen7" colspan="3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Sales and marketing expense</span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">46</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">45</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen7" colspan="3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">General and administrative expense</span></p> </td> <td class="prngen19" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">27</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen19" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">28</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen19" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen7" colspan="2" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Operating expense</span></p> </td> <td class="prngen19" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">172</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen19" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">171</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen19" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Total acquisition-related facilities adjustments</span></p> </td> <td class="prngen26" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 252</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen26" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 251</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen26" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ -</span></p> </td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen7" colspan="4" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span"><b>Settlement expense</b></span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen7" colspan="3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">General and administrative expense</span></p> </td> <td class="prngen26" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ -</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen26" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ -</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen26" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 300</span></p> </td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen7" colspan="4" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span"><b>Litigation costs</b></span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen7" colspan="3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">General and administrative expense</span></p> </td> <td class="prngen26" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 1,961</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen26" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 3,147</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen26" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 373</span></p> </td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen7" colspan="4" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span"><b>Cancelled debt offering costs</b></span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen7" colspan="3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">General and administrative expense</span></p> </td> <td class="prngen26" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 1,003</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen26" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ -</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen26" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ -</span></p> </td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen7" colspan="4" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span"><b>Merger integration costs (A)</b></span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen7" colspan="3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">General and administrative expense</span></p> </td> <td class="prngen26" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ -</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen26" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ -</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen27" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ (178)</span></p> </td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen7" colspan="9"> <p class="prnews_p"><span class="prnews_span">(A) Represents the reclassification of the amount recorded in Q3 2017 to "Acquisition- and integration-related expense."</span></p> </td> </tr> </tbody> </table> </div> <p>&nbsp;</p> <p>&nbsp;</p> <div> <table border="0" cellpadding="0" cellspacing="0" class="prntblns"> <tbody> <tr> <td class="prngen2" colspan="7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">RIBBON COMMUNICATIONS INC.</span></p> </td> </tr> <tr> <td class="prngen2" colspan="7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Supplemental Information</span></p> </td> </tr> <tr> <td class="prngen2" colspan="7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(in thousands)</span></p> </td> </tr> <tr> <td class="prngen2" colspan="7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(unaudited)</span></p> </td> </tr> <tr> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen7" colspan="7"> <p class="prnews_p"><span class="prnews_span"><span class="prnews_span" id="spanHghlt5f39" style="FONT-SIZE: 8pt; FONT-FAMILY: Arial">The following tables provide the details of stock-based compensation, amortization of intangible assets, impairment of intangible assets, acquisition-related facilities adjustments, settlement expense, litigation costs, cancelled debt offering costs and gains on the sale of intangible assets included as components of other line items in the Company's Consolidated Statements of Operations and the line items in which these amounts are reported. </span></span></p> </td> </tr> <tr> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen4" colspan="3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span"> Year ended </span></p> </td> </tr> <tr> <td class="prngen2" nowrap="nowrap">&nbsp;</td> <td class="prngen2" nowrap="nowrap">&nbsp;</td> <td class="prngen2" nowrap="nowrap">&nbsp;</td> <td class="prngen2" nowrap="nowrap">&nbsp;</td> <td class="prngen2" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">December 31,</span></p> </td> <td class="prngen2" nowrap="nowrap">&nbsp;</td> <td class="prngen2" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">December 31,</span></p> </td> </tr> <tr> <td class="prngen2" nowrap="nowrap">&nbsp;</td> <td class="prngen2" nowrap="nowrap">&nbsp;</td> <td class="prngen2" nowrap="nowrap">&nbsp;</td> <td class="prngen2" nowrap="nowrap">&nbsp;</td> <td class="prngen6 prnpr6" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">2018</span></p> </td> <td class="prngen2" nowrap="nowrap">&nbsp;</td> <td class="prngen28" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">2017</span></p> </td> </tr> <tr> <td class="prngen7" colspan="4" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span"><b>Stock-based compensation</b></span></p> </td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen7" colspan="3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Cost of revenue - product</span></p> </td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 114</span></p> </td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 514</span></p> </td> </tr> <tr> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen7" colspan="3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Cost of revenue - service</span></p> </td> <td class="prngen24" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">345</span></p> </td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen24" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">1,448</span></p> </td> </tr> <tr> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen7" colspan="2" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Cost of revenue</span></p> </td> <td class="prngen9 prnpr6" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">459</span></p> </td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen29" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">1,962</span></p> </td> </tr> <tr> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen7" colspan="3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Research and development expense</span></p> </td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">1,797</span></p> </td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">7,337</span></p> </td> </tr> <tr> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen7" colspan="3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Sales and marketing expense</span></p> </td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">2,935</span></p> </td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">4,885</span></p> </td> </tr> <tr> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen7" colspan="3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">General and administrative expense</span></p> </td> <td class="prngen24" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">5,881</span></p> </td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen24" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">11,473</span></p> </td> </tr> <tr> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen7" colspan="2" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Operating expense</span></p> </td> <td class="prngen24" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">10,613</span></p> </td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen24" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">23,695</span></p> </td> </tr> <tr> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Total stock-based compensation</span></p> </td> <td class="prngen27" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 11,072</span></p> </td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen27" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 25,657</span></p> </td> </tr> <tr> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen7" colspan="4" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span"><b>Amortization of intangible assets</b></span></p> </td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen7" colspan="3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Cost of revenue - product</span></p> </td> <td class="prngen24" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 38,976</span></p> </td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen24" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 12,887</span></p> </td> </tr> <tr> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen7" colspan="3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Sales and marketing expense</span></p> </td> <td class="prngen24" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">10,747</span></p> </td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen24" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">4,225</span></p> </td> </tr> <tr> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen7" colspan="2" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Operating expense</span></p> </td> <td class="prngen29" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">10,747</span></p> </td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen29" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">4,225</span></p> </td> </tr> <tr> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Total amortization of intangible assets</span></p> </td> <td class="prngen27" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 49,723</span></p> </td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen27" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 17,112</span></p> </td> </tr> <tr> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen7" colspan="4" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span"><b>Impairment of intangible assets</b></span></p> </td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen7" colspan="3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Cost of revenue - product</span></p> </td> <td class="prngen27" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ -</span></p> </td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen27" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 5,471</span></p> </td> </tr> <tr> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen7" colspan="4" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span"><b>Acquisition-related facilities adjustments</b></span></p> </td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen7" colspan="3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Cost of revenue - product</span></p> </td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 77</span></p> </td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ -</span></p> </td> </tr> <tr> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen7" colspan="3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Cost of revenue - service</span></p> </td> <td class="prngen24" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">232</span></p> </td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen24" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> </tr> <tr> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen7" colspan="2" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Cost of revenue</span></p> </td> <td class="prngen29" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">309</span></p> </td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen29" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> </tr> <tr> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen7" colspan="3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Research and development expense</span></p> </td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">377</span></p> </td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> </tr> <tr> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen7" colspan="3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Sales and marketing expense</span></p> </td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">174</span></p> </td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> </tr> <tr> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen7" colspan="3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">General and administrative expense</span></p> </td> <td class="prngen24" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">106</span></p> </td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen24" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> </tr> <tr> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen7" colspan="2" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Operating expense</span></p> </td> <td class="prngen24" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">657</span></p> </td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen24" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> </tr> <tr> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Total acquisition-related facilities adjustment</span></p> </td> <td class="prngen27" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 966</span></p> </td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen27" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ -</span></p> </td> </tr> <tr> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen7" colspan="4" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span"><b>Settlement expense</b></span></p> </td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen7" colspan="3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">General and administrative expense</span></p> </td> <td class="prngen27" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 1,730</span></p> </td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen27" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 1,900</span></p> </td> </tr> <tr> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen7" colspan="4" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span"><b>Litigation costs</b></span></p> </td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen7" colspan="3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">General and administrative expense</span></p> </td> <td class="prngen27" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 7,682</span></p> </td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen27" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 373</span></p> </td> </tr> <tr> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen7" colspan="4" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span"><b>Cancelled debt offering costs</b></span></p> </td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen7" colspan="3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">General and administrative expense</span></p> </td> <td class="prngen27" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 1,003</span></p> </td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen27" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ -</span></p> </td> </tr> <tr> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen7" colspan="4" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span"><b>Gain on the sale of intangible asset</b></span></p> </td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen7" colspan="3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Other (expense) income, net</span></p> </td> <td class="prngen27" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ -</span></p> </td> <td class="prngen11" nowrap="nowrap">&nbsp;</td> <td class="prngen27" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 576</span></p> </td> </tr> </tbody> </table> </div> <p>&nbsp;</p> <p>&nbsp;</p> <div> <table border="0" cellpadding="0" cellspacing="0" class="prntblns"> <tbody> <tr> <td class="prngen2" colspan="6" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">RIBBON COMMUNICATIONS INC.</span></p> </td> </tr> <tr> <td class="prngen2" colspan="6" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Reconciliation of Non-GAAP and GAAP Financial Measures</span></p> </td> </tr> <tr> <td class="prngen2" colspan="6" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(in thousands, except percentages)</span></p> </td> </tr> <tr> <td class="prngen2" colspan="6" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(unaudited)</span></p> </td> </tr> <tr> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen4" colspan="5" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Three months ended</span></p> </td> </tr> <tr> <td class="prngen5" nowrap="nowrap">&nbsp;</td> <td class="prngen2" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">December 31,</span></p> </td> <td class="prngen5" nowrap="nowrap">&nbsp;</td> <td class="prngen2" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">September 30,</span></p> </td> <td class="prngen5" nowrap="nowrap">&nbsp;</td> <td class="prngen2" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">December 31,</span></p> </td> </tr> <tr> <td class="prngen5" nowrap="nowrap">&nbsp;</td> <td class="prngen6" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">2018</span></p> </td> <td class="prngen5" nowrap="nowrap">&nbsp;</td> <td class="prngen6" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">2018</span></p> </td> <td class="prngen5" nowrap="nowrap">&nbsp;</td> <td class="prngen6" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">2017</span></p> </td> </tr> <tr> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span"><b>GAAP Product revenue</b></span></p> </td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 87,077</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 77,283</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 82,814</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Acquisition-related revenue adjustment</span></p> </td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">1,629</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">2,178</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">3,230</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Adjustment for new revenue standard</span></p> </td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">1,529</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">1,778</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span"><b>Non-GAAP Product revenue</b></span></p> </td> <td class="prngen30" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 90,235</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen30" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 81,239</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen30" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 86,044</span></p> </td> </tr> <tr> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span"><b>GAAP Service revenue</b></span></p> </td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 79,819</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 75,185</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 63,398</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Acquisition-related revenue adjustment</span></p> </td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">2,984</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">1,885</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">20,050</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Adjustment for new revenue standard</span></p> </td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">374</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">400</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span"><b>Non-GAAP Service revenue</b></span></p> </td> <td class="prngen30" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 83,177</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen30" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 77,470</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen30" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 83,448</span></p> </td> </tr> <tr> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span"><b>GAAP Total revenue</b></span></p> </td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 166,896</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 152,468</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 146,212</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Acquisition-related revenue adjustment</span></p> </td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">4,613</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">4,063</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">23,280</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Adjustment for new revenue standard</span></p> </td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">1,903</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">2,178</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span"><b>Non-GAAP Total revenue</b></span></p> </td> <td class="prngen30" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 173,412</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen30" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 158,709</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen30" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 169,492</span></p> </td> </tr> <tr> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span"><b>GAAP Gross margin - product</b></span></p> </td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">54.1%</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">49.7%</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">49.9%</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Acquisition-related revenue adjustment</span></p> </td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">0.8%</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">1.0%</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">1.9%</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Acquisition-related cost of revenue adjustment</span></p> </td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">0.0%</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">0.0%</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-1.4%</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Adjustment for new revenue standard</span></p> </td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">0.8%</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">0.8%</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">0.0%</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Adjustment to cost of revenue for new revenue standard</span></p> </td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">0.0%</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">0.0%</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">0.0%</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Stock-based compensation</span></p> </td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">*</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">*</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">0.3%</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Amortization of intangible assets</span></p> </td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">10.6%</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">13.7%</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">9.4%</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Impairment of intangible assets</span></p> </td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">0.0%</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">0.0%</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">6.4%</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Acquisition-related facilities adjustment</span></p> </td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">*</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">*</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">0.0%</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span"><b>Non-GAAP Gross margin - product</b></span></p> </td> <td class="prngen31" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">66.3%</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen31" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">65.2%</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen31" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">66.5%</span></p> </td> </tr> <tr> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span"><b>GAAP Gross margin - service</b></span></p> </td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">60.9%</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">58.3%</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">56.0%</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Acquisition-related revenue adjustment</span></p> </td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">1.4%</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">1.0%</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">10.5%</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Acquisition-related cost of revenue adjustment</span></p> </td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">0.0%</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">0.0%</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-11.0%</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Adjustment for new revenue standard</span></p> </td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">0.2%</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">0.2%</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">0.0%</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Adjustment to cost of revenue for new revenue standard</span></p> </td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">0.0%</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">0.0%</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">0.0%</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Stock-based compensation</span></p> </td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">0.1%</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">0.1%</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">0.8%</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Acquisition-related facilities adjustment</span></p> </td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">0.1%</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">0.1%</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">0.0%</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span"><b>Non-GAAP Gross margin - service</b></span></p> </td> <td class="prngen31" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">62.7%</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen31" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">59.7%</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen31" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">56.3%</span></p> </td> </tr> <tr> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span"><b>GAAP Total gross margin</b></span></p> </td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">57.3%</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">53.9%</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">52.5%</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Acquisition-related revenue adjustment</span></p> </td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">1.1%</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">1.0%</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">6.6%</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Acquisition-related cost of revenue adjustment</span></p> </td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">0.0%</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">0.0%</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-6.1%</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Adjustment for new revenue standard</span></p> </td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">0.5%</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">0.5%</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">0.0%</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Adjustment to cost of revenue for new revenue standard</span></p> </td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">0.0%</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">0.0%</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">0.0%</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Stock-based compensation</span></p> </td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">0.1%</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">0.1%</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">0.5%</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Amortization of intangible assets</span></p> </td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">5.5%</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">6.9%</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">4.8%</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Impairment of intangible assets</span></p> </td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">0.0%</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">0.0%</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">3.2%</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Acquisition-related facilities adjustment</span></p> </td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">*</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">0.1%</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">0.0%</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span"><b>Non-GAAP Total gross margin</b></span></p> </td> <td class="prngen31" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">64.5%</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen31" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">62.5%</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen31" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">61.5%</span></p> </td> </tr> <tr> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span"><b>GAAP Total gross profit</b></span></p> </td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 95,714</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 82,234</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 76,799</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Acquisition-related revenue adjustment</span></p> </td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">4,613</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">4,063</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">23,280</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Acquisition-related cost of revenue adjustment</span></p> </td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen13" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(10,364)</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Adjustment for new revenue standard</span></p> </td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">1,903</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">2,178</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Adjustment to cost of revenue for new revenue standard</span></p> </td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Stock-based compensation</span></p> </td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">104</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">86</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">924</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Amortization of intangible assets</span></p> </td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">9,521</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">10,593</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">8,119</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Impairment of intangible assets</span></p> </td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">5,471</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Acquisition-related facilities adjustment</span></p> </td> <td class="prngen8" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">80</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen8" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">80</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen8" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span"><b>Non-GAAP Total gross profit</b></span></p> </td> <td class="prngen32" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 111,935</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen32" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 99,234</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen32" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 104,229</span></p> </td> </tr> <tr> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span"><b>GAAP Research and development expense</b></span></p> </td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 36,406</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 34,403</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 40,410</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Stock-based compensation</span></p> </td> <td class="prngen13" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(433)</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen13" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(313)</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen13" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(3,687)</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Acquisition-related facilities adjustment</span></p> </td> <td class="prngen14" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(99)</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen14" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(98)</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen8" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span"><b>Non-GAAP Research and development expense</b></span></p> </td> <td class="prngen32" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 35,874</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen32" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 33,992</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen32" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 36,723</span></p> </td> </tr> <tr> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span"><b>GAAP Sales and marketing expense</b></span></p> </td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 34,124</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 31,488</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 35,553</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Stock-based compensation</span></p> </td> <td class="prngen13" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(991)</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen13" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(585)</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen13" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(3,195)</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Amortization of intangible assets</span></p> </td> <td class="prngen13" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(2,481)</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen13" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(2,855)</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen13" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(2,148)</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Acquisition-related facilities adjustment</span></p> </td> <td class="prngen14" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(46)</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen14" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(45)</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen8" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span"><b>Non-GAAP Sales and marketing expense</b></span></p> </td> <td class="prngen32" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 30,606</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen32" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 28,003</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen32" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 30,210</span></p> </td> </tr> <tr> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span"> * Less than 0.1% impact on gross margin.</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> </tr> </tbody> </table> </div> <p>&nbsp;</p> <p>&nbsp;</p> <div> <table border="0" cellpadding="0" cellspacing="0" class="prntblns"> <tbody> <tr> <td class="prngen2" colspan="6" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">RIBBON COMMUNICATIONS INC.</span></p> </td> </tr> <tr> <td class="prngen2" colspan="6" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Reconciliation of Non-GAAP and GAAP Financial Measures</span></p> </td> </tr> <tr> <td class="prngen2" colspan="6" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(in thousands, except percentages)</span></p> </td> </tr> <tr> <td class="prngen2" colspan="6" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(unaudited)</span></p> </td> </tr> <tr> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen4" colspan="5" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Three months ended</span></p> </td> </tr> <tr> <td class="prngen5" nowrap="nowrap">&nbsp;</td> <td class="prngen2" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">December 31,</span></p> </td> <td class="prngen5" nowrap="nowrap">&nbsp;</td> <td class="prngen2" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">September 30,</span></p> </td> <td class="prngen5" nowrap="nowrap">&nbsp;</td> <td class="prngen2" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">December 31,</span></p> </td> </tr> <tr> <td class="prngen5" nowrap="nowrap">&nbsp;</td> <td class="prngen6" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">2018</span></p> </td> <td class="prngen5" nowrap="nowrap">&nbsp;</td> <td class="prngen6" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">2018</span></p> </td> <td class="prngen5" nowrap="nowrap">&nbsp;</td> <td class="prngen6" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">2017</span></p> </td> </tr> <tr> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span"><b>GAAP General and administrative expense</b></span></p> </td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 19,465</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 15,942</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 19,649</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Stock-based compensation</span></p> </td> <td class="prngen13" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(2,123)</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen13" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(1,532)</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen13" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(6,464)</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Acquisition-related facilities adjustment</span></p> </td> <td class="prngen13" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(27)</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen13" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(28)</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Settlement expense</span></p> </td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen13" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(300)</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Litigation costs</span></p> </td> <td class="prngen13" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(1,961)</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen13" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(3,147)</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen13" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(373)</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span"><span class="prnews_span" id="spanHghlt95de" style="FONT-SIZE: 8pt; FONT-FAMILY: Arial">Cancelled debt offering cost</span></span></p> </td> <td class="prngen13" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(1,003)</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Merger integration costs (A)</span></p> </td> <td class="prngen8" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen8" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen8" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">178</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span"><b>Non-GAAP General and administrative expense</b></span></p> </td> <td class="prngen32" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 14,351</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen32" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 11,235</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen32" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 12,690</span></p> </td> </tr> <tr> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span"><b>GAAP Operating expenses</b></span></p> </td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 94,537</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 89,800</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 112,462</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Stock-based compensation</span></p> </td> <td class="prngen13" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(3,547)</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen13" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(2,430)</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen13" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(13,346)</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Amortization of intangible assets</span></p> </td> <td class="prngen13" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(2,481)</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen13" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(2,855)</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen13" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(2,148)</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Acquisition-related facilities adjustment</span></p> </td> <td class="prngen13" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(172)</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen13" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(171)</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Settlement expense</span></p> </td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen13" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(300)</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Litigation costs</span></p> </td> <td class="prngen13" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(1,961)</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen13" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(3,147)</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen13" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(373)</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Cancelled debt offering costs</span></p> </td> <td class="prngen13" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(1,003)</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Merger integration costs (A)</span></p> </td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">178</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Acquisition- and integration-related expense</span></p> </td> <td class="prngen13" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(2,689)</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen13" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(5,570)</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen13" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(8,485)</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Restructuring</span></p> </td> <td class="prngen14" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(1,853)</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen14" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(2,397)</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen14" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(8,365)</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span"><b>Non-GAAP Operating expenses</b></span></p> </td> <td class="prngen32" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 80,831</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen32" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 73,230</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen32" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 79,623</span></p> </td> </tr> <tr> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span"><b>GAAP Income (loss) from operations</b></span></p> </td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 1,177</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen13" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ (7,566)</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen13" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ (35,663)</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Acquisition-related revenue adjustment</span></p> </td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">4,613</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">4,063</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">23,280</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Acquisition-related cost of revenue adjustment</span></p> </td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen13" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(10,364)</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Adjustment for new revenue standard</span></p> </td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">1,903</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">2,178</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Adjustment to cost of revenue for new revenue standard</span></p> </td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Stock-based compensation</span></p> </td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">3,651</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">2,516</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">14,270</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Amortization of intangible assets</span></p> </td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">12,002</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">13,448</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">10,267</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Impairment of intangible assets</span></p> </td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">5,471</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Acquisition-related facilities adjustment</span></p> </td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">252</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">251</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Settlement expense</span></p> </td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">300</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Litigation costs</span></p> </td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">1,961</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">3,147</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">373</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Cancelled debt offering costs</span></p> </td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">1,003</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Merger integration costs (A)</span></p> </td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen13" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(178)</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Acquisition- and integration-related expense</span></p> </td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">2,689</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">5,570</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">8,485</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Restructuring</span></p> </td> <td class="prngen8" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">1,853</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen8" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">2,397</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen8" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">8,365</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span"><b>Non-GAAP Income from operations</b></span></p> </td> <td class="prngen32" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 31,104</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen32" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 26,004</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen32" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 24,606</span></p> </td> </tr> <tr> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span"><b>GAAP Income (loss) from operations as a percentage of revenue</b></span></p> </td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">0.7%</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-5.0%</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-24.4%</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Acquisition-related revenue adjustment</span></p> </td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">2.6%</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">2.7%</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">17.1%</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Acquisition-related cost of revenue adjustment</span></p> </td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">0.0%</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">0.0%</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-6.1%</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Adjustment for new revenue standard</span></p> </td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">1.1%</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">1.4%</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">0.0%</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Adjustment to cost of revenue for new revenue standard</span></p> </td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">0.0%</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">0.0%</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">0.0%</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Stock-based compensation</span></p> </td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">2.1%</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">1.6%</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">8.4%</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Amortization of intangible assets</span></p> </td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">6.9%</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">8.5%</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">6.1%</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Impairment of intangible assets</span></p> </td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">0.0%</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">0.0%</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">3.2%</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Acquisition-related facilities adjustment</span></p> </td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">0.1%</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">0.2%</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">0.0%</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Settlement expense</span></p> </td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">0.0%</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">0.0%</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">0.2%</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Litigation costs</span></p> </td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">1.1%</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">2.0%</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">0.2%</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Cancelled debt offering costs</span></p> </td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">0.6%</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">0.0%</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">0.0%</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Merger integration costs (A)</span></p> </td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">0.0%</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">0.0%</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-0.1%</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Acquisition- and integration-related expense</span></p> </td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">1.6%</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">3.5%</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">5.0%</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Restructuring</span></p> </td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">1.1%</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">1.5%</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">4.9%</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span"><b>Non-GAAP Income from operations as a percentage of revenue</b></span></p> </td> <td class="prngen31" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">17.9%</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen31" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">16.4%</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen31" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">14.5%</span></p> </td> </tr> <tr> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen7" colspan="4"> <p class="prnews_p"><span class="prnews_span">(A) Represents the reclassification of the amount recorded in Q3 2017 to "Acquisition- and integration-related expense."</span></p> </td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> <td class="prngen3" nowrap="nowrap">&nbsp;</td> </tr> </tbody> </table> </div> <p>&nbsp;</p> <p>&nbsp;</p> <div> <table border="0" cellpadding="0" cellspacing="0" class="prntblns"> <tbody> <tr> <td class="prngen2" colspan="6" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">RIBBON COMMUNICATIONS INC.</span></p> </td> </tr> <tr> <td class="prngen2" colspan="6" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Reconciliation of Non-GAAP and GAAP Financial Measures</span></p> </td> </tr> <tr> <td class="prngen2" colspan="6" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(in thousands, except per share amounts)</span></p> </td> </tr> <tr> <td class="prngen2" colspan="6" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(unaudited)</span></p> </td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen4" colspan="5" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Three months ended</span></p> </td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen2" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">December 31,</span></p> </td> <td class="prngen17" nowrap="nowrap">&nbsp;</td> <td class="prngen2" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">September 30,</span></p> </td> <td class="prngen17" nowrap="nowrap">&nbsp;</td> <td class="prngen2" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">December 31,</span></p> </td> </tr> <tr> <td class="prngen17" nowrap="nowrap">&nbsp;</td> <td class="prngen18" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">2018</span></p> </td> <td class="prngen17" nowrap="nowrap">&nbsp;</td> <td class="prngen18" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">2018</span></p> </td> <td class="prngen17" nowrap="nowrap">&nbsp;</td> <td class="prngen18" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">2017</span></p> </td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span"><b>GAAP Net loss</b></span></p> </td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ (1,826)</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ (10,158)</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ (15,714)</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Acquisition-related revenue adjustment</span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">4,613</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">4,063</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">23,280</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Acquisition-related cost of revenue adjustment</span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(10,364)</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Adjustment for new revenue standard</span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">1,903</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">2,178</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Adjustment to cost of revenue for new revenue standard</span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Stock-based compensation</span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">3,651</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">2,516</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">14,270</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Amortization of intangible assets</span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">12,002</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">13,448</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">10,267</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Impairment of intangible assets</span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">5,471</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Acquisition-related facilities adjustment</span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">252</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">251</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Settlement expense</span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">300</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Litigation costs</span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">1,961</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">3,147</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">373</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Cancelled debt offering costs</span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">1,003</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Merger integration costs (A)</span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(178)</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Acquisition- and integration-related expense</span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">2,689</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">5,570</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">8,485</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Restructuring</span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">1,853</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">2,397</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">8,365</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Tax benefits arising from purchase accounting and tax reform</span></p> </td> <td class="prngen19" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">123</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen24" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(841)</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen24" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(21,155)</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span"><b>Non-GAAP Net income</b></span></p> </td> <td class="prngen26" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 28,224</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen26" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 22,571</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen26" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 23,400</span></p> </td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span"><b>Earnings (loss) per share</b></span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span"><b>GAAP Loss per share</b></span></p> </td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ (0.02)</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ (0.10)</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ (0.18)</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Acquisition-related revenue adjustment</span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">0.04</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">0.04</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">0.27</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Acquisition-related cost of revenue adjustment</span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(0.12)</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Adjustment for new revenue standard</span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">0.02</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">0.02</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Adjustment to cost of revenue for new revenue standard</span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Stock-based compensation</span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">0.03</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">0.02</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">0.16</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Amortization of intangible assets</span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">0.11</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">0.14</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">0.12</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Impairment of intangible assets</span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">0.06</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Acquisition-related facilities adjustment</span></p> </td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span"> * </span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span"> * </span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Settlement expense</span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span"> * </span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Litigation costs</span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">0.02</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">0.03</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span"> * </span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Cancelled debt offering costs</span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">0.01</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Merger integration costs (A)</span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span"> * </span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Acquisition- and integration-related expense</span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">0.03</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">0.05</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">0.10</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Restructuring</span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">0.02</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">0.02</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">0.10</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span"><span class="prnews_span" id="spanHghlt714e" style="FONT-SIZE: 8pt; FONT-FAMILY: Arial">Tax benefits arising from purchase accounting and tax reform</span></span></p> </td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span"> * </span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(0.01)</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(0.24)</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span"><b>Non-GAAP Diluted earnings per share</b></span></p> </td> <td class="prngen20" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 0.26</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen20" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 0.21</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen20" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 0.27</span></p> </td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span"><b>Shares used to compute diluted earnings per share or (loss) per share</b></span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span"><b> GAAP Shares used to compute loss per share</b></span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">106,607</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">104,918</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">86,567</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span"><b> Non-GAAP Shares used to compute diluted earnings per share</b></span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">107,363</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">105,726</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">87,207</span></p> </td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span"><b>Adjusted EBITDA:</b></span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span"><b>GAAP Net loss</b></span></p> </td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ (1,826)</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ (10,158)</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ (15,714)</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Interest expense, net</span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">1,476</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">1,420</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">509</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Income tax provision (benefit)</span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">813</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(82)</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(19,761)</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Depreciation</span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">2,930</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">2,952</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">3,231</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Amortization of intangible assets</span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">12,002</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">13,448</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">10,267</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Impairment of intangible assets</span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">5,471</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Acquisition-related revenue adjustment</span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">4,613</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">4,063</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">23,280</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Acquisition-related cost of revenue adjustment</span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(10,364)</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Adjustment for new revenue standard</span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">1,903</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">2,178</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Adjustment to cost of revenue for new revenue standard</span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Stock-based compensation</span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">3,651</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">2,516</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">14,270</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Acquisition-related facilities adjustment</span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">252</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">251</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Settlement expense</span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">300</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Litigation costs</span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">1,961</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">3,147</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">373</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Cancelled debt offering costs</span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">1,003</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Merger integration costs (A)</span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(178)</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Acquisition- and integration-related expense</span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">2,689</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">5,570</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">8,485</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Restructuring</span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">1,853</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">2,397</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">8,365</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Other expense (income), net</span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">714</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">1,254</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(697)</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span"><b>Non-GAAP Adjusted EBITDA</b></span></p> </td> <td class="prngen20" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 34,034</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen20" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 28,956</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen20" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 27,837</span></p> </td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">* Less than $0.01 impact on earnings (loss) per share</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen7" colspan="4"> <p class="prnews_p"><span class="prnews_span">(A) Represents the reclassification of the amount recorded in Q3 2017 to "Acquisition- and integration-related expense."</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> </tr> </tbody> </table> </div> <p>&nbsp;</p> <p>&nbsp;</p> <div> <table border="0" cellpadding="0" cellspacing="0" class="prntblns"> <tbody> <tr> <td class="prngen2" colspan="4"> <p class="prnews_p"><span class="prnews_span">RIBBON COMMUNICATIONS INC.</span></p> </td> </tr> <tr> <td class="prngen2" colspan="4"> <p class="prnews_p"><span class="prnews_span">Reconciliation of Non-GAAP and GAAP Financial Measures</span></p> </td> </tr> <tr> <td class="prngen2" colspan="4"> <p class="prnews_p"><span class="prnews_span">(in thousands, except percentages)</span></p> </td> </tr> <tr> <td class="prngen2" colspan="4"> <p class="prnews_p"><span class="prnews_span">(unaudited)</span></p> </td> </tr> <tr> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> </tr> <tr> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> </tr> <tr> <td class="prngen3">&nbsp;</td> <td class="prngen4" colspan="3"> <p class="prnews_p"><span class="prnews_span">Year ended</span></p> </td> </tr> <tr> <td class="prngen5">&nbsp;</td> <td class="prngen2"> <p class="prnews_p"><span class="prnews_span">December 31,</span></p> </td> <td class="prngen5">&nbsp;</td> <td class="prngen2"> <p class="prnews_p"><span class="prnews_span">December 31,</span></p> </td> </tr> <tr> <td class="prngen5">&nbsp;</td> <td class="prngen6"> <p class="prnews_p"><span class="prnews_span">2018</span></p> </td> <td class="prngen5">&nbsp;</td> <td class="prngen6"> <p class="prnews_p"><span class="prnews_span">2017</span></p> </td> </tr> <tr> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> </tr> <tr> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span"><b>GAAP Product revenue</b></span></p> </td> <td class="prngen3"> <p class="prnews_p"><span class="prnews_span">$ 279,014</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen3"> <p class="prnews_p"><span class="prnews_span">$ 181,119</span></p> </td> </tr> <tr> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span">Acquisition-related revenue adjustment</span></p> </td> <td class="prngen3"> <p class="prnews_p"><span class="prnews_span">11,047</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen3"> <p class="prnews_p"><span class="prnews_span">3,230</span></p> </td> </tr> <tr> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span">Adjustment for new revenue standard</span></p> </td> <td class="prngen3"> <p class="prnews_p"><span class="prnews_span">8,284</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen3"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> </tr> <tr> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span"><b>Non-GAAP Product revenue</b></span></p> </td> <td class="prngen30"> <p class="prnews_p"><span class="prnews_span">$ 298,345</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen30"> <p class="prnews_p"><span class="prnews_span">$ 184,349</span></p> </td> </tr> <tr> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> </tr> <tr> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span"><b>GAAP Service revenue</b></span></p> </td> <td class="prngen3"> <p class="prnews_p"><span class="prnews_span">$ 298,891</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen3"> <p class="prnews_p"><span class="prnews_span">$ 148,823</span></p> </td> </tr> <tr> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span">Acquisition-related revenue adjustment</span></p> </td> <td class="prngen3"> <p class="prnews_p"><span class="prnews_span">13,035</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen3"> <p class="prnews_p"><span class="prnews_span">20,050</span></p> </td> </tr> <tr> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span">Adjustment for new revenue standard</span></p> </td> <td class="prngen3"> <p class="prnews_p"><span class="prnews_span">1,761</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen3"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> </tr> <tr> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span"><b>Non-GAAP Service revenue</b></span></p> </td> <td class="prngen30"> <p class="prnews_p"><span class="prnews_span">$ 313,687</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen30"> <p class="prnews_p"><span class="prnews_span">$ 168,873</span></p> </td> </tr> <tr> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> </tr> <tr> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span"><b>GAAP Total revenue</b></span></p> </td> <td class="prngen3"> <p class="prnews_p"><span class="prnews_span">$ 577,905</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen3"> <p class="prnews_p"><span class="prnews_span">$ 329,942</span></p> </td> </tr> <tr> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span">Acquisition-related revenue adjustment</span></p> </td> <td class="prngen3"> <p class="prnews_p"><span class="prnews_span">24,082</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen3"> <p class="prnews_p"><span class="prnews_span">23,280</span></p> </td> </tr> <tr> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span">Adjustment for new revenue standard</span></p> </td> <td class="prngen3"> <p class="prnews_p"><span class="prnews_span">10,045</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen3"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> </tr> <tr> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span"><b>Non-GAAP Total revenue</b></span></p> </td> <td class="prngen30"> <p class="prnews_p"><span class="prnews_span">$ 612,032</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen30"> <p class="prnews_p"><span class="prnews_span">$ 353,222</span></p> </td> </tr> <tr> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> </tr> <tr> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span"><b>GAAP Gross margin - product</b></span></p> </td> <td class="prngen11"> <p class="prnews_p"><span class="prnews_span">49.0%</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen11"> <p class="prnews_p"><span class="prnews_span">61.2%</span></p> </td> </tr> <tr> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span">Acquisition-related revenue adjustment</span></p> </td> <td class="prngen11"> <p class="prnews_p"><span class="prnews_span">1.9%</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen11"> <p class="prnews_p"><span class="prnews_span">0.6%</span></p> </td> </tr> <tr> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span">Acquisition-related cost of revenue adjustment</span></p> </td> <td class="prngen11"> <p class="prnews_p"><span class="prnews_span">0.0%</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen11"> <p class="prnews_p"><span class="prnews_span">-0.6%</span></p> </td> </tr> <tr> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span">Adjustment for new revenue standard</span></p> </td> <td class="prngen11"> <p class="prnews_p"><span class="prnews_span">1.4%</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen11"> <p class="prnews_p"><span class="prnews_span">0.0%</span></p> </td> </tr> <tr> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span">Adjustment to cost of revenue for new revenue standard</span></p> </td> <td class="prngen11"> <p class="prnews_p"><span class="prnews_span">*</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen11"> <p class="prnews_p"><span class="prnews_span">0.0%</span></p> </td> </tr> <tr> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span">Stock-based compensation</span></p> </td> <td class="prngen11"> <p class="prnews_p"><span class="prnews_span">*</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen11"> <p class="prnews_p"><span class="prnews_span">0.3%</span></p> </td> </tr> <tr> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span">Amortization of intangible assets</span></p> </td> <td class="prngen11"> <p class="prnews_p"><span class="prnews_span">13.1%</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen11"> <p class="prnews_p"><span class="prnews_span">7.0%</span></p> </td> </tr> <tr> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span">Impairment of intangible assets</span></p> </td> <td class="prngen11"> <p class="prnews_p"><span class="prnews_span">0.0%</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen11"> <p class="prnews_p"><span class="prnews_span">3.0%</span></p> </td> </tr> <tr> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span">Acquisition-related facilities adjustment</span></p> </td> <td class="prngen11"> <p class="prnews_p"><span class="prnews_span">*</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen11"> <p class="prnews_p"><span class="prnews_span">0.0%</span></p> </td> </tr> <tr> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span"><b>Non-GAAP Gross margin - product</b></span></p> </td> <td class="prngen31"> <p class="prnews_p"><span class="prnews_span">65.4%</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen31"> <p class="prnews_p"><span class="prnews_span">71.5%</span></p> </td> </tr> <tr> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> </tr> <tr> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span"><b>GAAP Gross margin - service</b></span></p> </td> <td class="prngen11"> <p class="prnews_p"><span class="prnews_span">57.4%</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen11"> <p class="prnews_p"><span class="prnews_span">60.9%</span></p> </td> </tr> <tr> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span">Acquisition-related revenue adjustment</span></p> </td> <td class="prngen11"> <p class="prnews_p"><span class="prnews_span">1.7%</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen11"> <p class="prnews_p"><span class="prnews_span">4.6%</span></p> </td> </tr> <tr> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span">Acquisition-related cost of revenue adjustment</span></p> </td> <td class="prngen11"> <p class="prnews_p"><span class="prnews_span">-0.6%</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen11"> <p class="prnews_p"><span class="prnews_span">-5.4%</span></p> </td> </tr> <tr> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span">Adjustment for new revenue standard</span></p> </td> <td class="prngen11"> <p class="prnews_p"><span class="prnews_span">0.2%</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen11"> <p class="prnews_p"><span class="prnews_span">0.0%</span></p> </td> </tr> <tr> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span">Adjustment to cost of revenue for new revenue standard</span></p> </td> <td class="prngen11"> <p class="prnews_p"><span class="prnews_span">*</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen11"> <p class="prnews_p"><span class="prnews_span">0.0%</span></p> </td> </tr> <tr> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span">Stock-based compensation</span></p> </td> <td class="prngen11"> <p class="prnews_p"><span class="prnews_span">0.1%</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen11"> <p class="prnews_p"><span class="prnews_span">0.9%</span></p> </td> </tr> <tr> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span">Acquisition-related facilities adjustment</span></p> </td> <td class="prngen11"> <p class="prnews_p"><span class="prnews_span">0.1%</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen11"> <p class="prnews_p"><span class="prnews_span">0.0%</span></p> </td> </tr> <tr> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span"><b>Non-GAAP Gross margin - service</b></span></p> </td> <td class="prngen31"> <p class="prnews_p"><span class="prnews_span">58.9%</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen31"> <p class="prnews_p"><span class="prnews_span">61.0%</span></p> </td> </tr> <tr> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> </tr> <tr> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span"><b>GAAP Total gross margin</b></span></p> </td> <td class="prngen11"> <p class="prnews_p"><span class="prnews_span">53.4%</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen11"> <p class="prnews_p"><span class="prnews_span">61.1%</span></p> </td> </tr> <tr> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span">Acquisition-related revenue adjustment</span></p> </td> <td class="prngen11"> <p class="prnews_p"><span class="prnews_span">1.7%</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen11"> <p class="prnews_p"><span class="prnews_span">2.6%</span></p> </td> </tr> <tr> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span">Acquisition-related cost of revenue adjustment</span></p> </td> <td class="prngen11"> <p class="prnews_p"><span class="prnews_span">-0.3%</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen11"> <p class="prnews_p"><span class="prnews_span">-2.9%</span></p> </td> </tr> <tr> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span">Adjustment for new revenue standard</span></p> </td> <td class="prngen11"> <p class="prnews_p"><span class="prnews_span">0.7%</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen11"> <p class="prnews_p"><span class="prnews_span">0.0%</span></p> </td> </tr> <tr> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span">Adjustment to cost of revenue for new revenue standard</span></p> </td> <td class="prngen11"> <p class="prnews_p"><span class="prnews_span">*</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen11"> <p class="prnews_p"><span class="prnews_span">0.0%</span></p> </td> </tr> <tr> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span">Stock-based compensation</span></p> </td> <td class="prngen11"> <p class="prnews_p"><span class="prnews_span">0.1%</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen11"> <p class="prnews_p"><span class="prnews_span">0.6%</span></p> </td> </tr> <tr> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span">Amortization of intangible assets</span></p> </td> <td class="prngen11"> <p class="prnews_p"><span class="prnews_span">6.4%</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen11"> <p class="prnews_p"><span class="prnews_span">3.6%</span></p> </td> </tr> <tr> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span">Impairment of intangible assets</span></p> </td> <td class="prngen11"> <p class="prnews_p"><span class="prnews_span">0.0%</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen11"> <p class="prnews_p"><span class="prnews_span">1.5%</span></p> </td> </tr> <tr> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span">Acquisition-related facilities adjustment</span></p> </td> <td class="prngen11"> <p class="prnews_p"><span class="prnews_span">0.1%</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen11"> <p class="prnews_p"><span class="prnews_span">0.0%</span></p> </td> </tr> <tr> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span"><b>Non-GAAP Total gross margin</b></span></p> </td> <td class="prngen31"> <p class="prnews_p"><span class="prnews_span">62.1%</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen31"> <p class="prnews_p"><span class="prnews_span">66.5%</span></p> </td> </tr> <tr> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> </tr> <tr> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span"><b>GAAP Total gross profit</b></span></p> </td> <td class="prngen3"> <p class="prnews_p"><span class="prnews_span">$ 308,332</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen3"> <p class="prnews_p"><span class="prnews_span">$ 201,496</span></p> </td> </tr> <tr> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span">Acquisition-related revenue adjustment</span></p> </td> <td class="prngen3"> <p class="prnews_p"><span class="prnews_span">24,082</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen3"> <p class="prnews_p"><span class="prnews_span">23,280</span></p> </td> </tr> <tr> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span">Acquisition-related cost of revenue adjustment</span></p> </td> <td class="prngen13"> <p class="prnews_p"><span class="prnews_span">(1,977)</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen13"> <p class="prnews_p"><span class="prnews_span">(10,364)</span></p> </td> </tr> <tr> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span">Adjustment for new revenue standard</span></p> </td> <td class="prngen3"> <p class="prnews_p"><span class="prnews_span">10,045</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen3"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> </tr> <tr> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span">Adjustment to cost of revenue for new revenue standard</span></p> </td> <td class="prngen13"> <p class="prnews_p"><span class="prnews_span">(110)</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen3"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> </tr> <tr> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span">Stock-based compensation</span></p> </td> <td class="prngen3"> <p class="prnews_p"><span class="prnews_span">459</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen3"> <p class="prnews_p"><span class="prnews_span">1,962</span></p> </td> </tr> <tr> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span">Amortization of intangible assets</span></p> </td> <td class="prngen3"> <p class="prnews_p"><span class="prnews_span">38,976</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen3"> <p class="prnews_p"><span class="prnews_span">12,887</span></p> </td> </tr> <tr> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span">Impairment of intangible assets</span></p> </td> <td class="prngen3"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen3"> <p class="prnews_p"><span class="prnews_span">5,471</span></p> </td> </tr> <tr> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span">Acquisition-related facilities adjustment</span></p> </td> <td class="prngen8"> <p class="prnews_p"><span class="prnews_span">309</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen8"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> </tr> <tr> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span"><b>Non-GAAP Total gross profit</b></span></p> </td> <td class="prngen32"> <p class="prnews_p"><span class="prnews_span">$ 380,116</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen32"> <p class="prnews_p"><span class="prnews_span">$ 234,732</span></p> </td> </tr> <tr> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> </tr> <tr> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span"><b>GAAP Research and development expense</b></span></p> </td> <td class="prngen3"> <p class="prnews_p"><span class="prnews_span">$ 145,462</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen3"> <p class="prnews_p"><span class="prnews_span">$ 101,481</span></p> </td> </tr> <tr> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span">Stock-based compensation</span></p> </td> <td class="prngen13"> <p class="prnews_p"><span class="prnews_span">(1,797)</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen13"> <p class="prnews_p"><span class="prnews_span">(7,337)</span></p> </td> </tr> <tr> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span">Acquisition-related facilities adjustment</span></p> </td> <td class="prngen14"> <p class="prnews_p"><span class="prnews_span">(377)</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen8"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> </tr> <tr> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span"><b>Non-GAAP Research and development expense</b></span></p> </td> <td class="prngen32"> <p class="prnews_p"><span class="prnews_span">$ 143,288</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen32"> <p class="prnews_p"><span class="prnews_span">$ 94,144</span></p> </td> </tr> <tr> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> </tr> <tr> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span"><b>GAAP Sales and marketing expense</b></span></p> </td> <td class="prngen3"> <p class="prnews_p"><span class="prnews_span">$ 128,276</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen3"> <p class="prnews_p"><span class="prnews_span">$ 83,403</span></p> </td> </tr> <tr> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span">Stock-based compensation</span></p> </td> <td class="prngen13"> <p class="prnews_p"><span class="prnews_span">(2,935)</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen13"> <p class="prnews_p"><span class="prnews_span">(4,885)</span></p> </td> </tr> <tr> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span">Amortization of intangible assets</span></p> </td> <td class="prngen13"> <p class="prnews_p"><span class="prnews_span">(10,747)</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen13"> <p class="prnews_p"><span class="prnews_span">(4,225)</span></p> </td> </tr> <tr> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span">Acquisition-related facilities adjustment</span></p> </td> <td class="prngen14"> <p class="prnews_p"><span class="prnews_span">(174)</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen8"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> </tr> <tr> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span"><b>Non-GAAP Sales and marketing expense</b></span></p> </td> <td class="prngen32"> <p class="prnews_p"><span class="prnews_span">$ 114,420</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen32"> <p class="prnews_p"><span class="prnews_span">$ 74,293</span></p> </td> </tr> <tr> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> </tr> <tr> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span"> * Less than 0.1% impact on gross margin.</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> </tr> </tbody> </table> </div> <p>&nbsp;</p> <p>&nbsp;</p> <div> <table border="0" cellpadding="0" cellspacing="0" class="prntblns"> <tbody> <tr> <td class="prngen2" colspan="4"> <p class="prnews_p"><span class="prnews_span">RIBBON COMMUNICATIONS INC.</span></p> </td> </tr> <tr> <td class="prngen2" colspan="4"> <p class="prnews_p"><span class="prnews_span">Reconciliation of Non-GAAP and GAAP Financial Measures</span></p> </td> </tr> <tr> <td class="prngen2" colspan="4"> <p class="prnews_p"><span class="prnews_span">(in thousands, except percentages)</span></p> </td> </tr> <tr> <td class="prngen2" colspan="4"> <p class="prnews_p"><span class="prnews_span">(unaudited)</span></p> </td> </tr> <tr> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> </tr> <tr> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> </tr> <tr> <td class="prngen5">&nbsp;</td> <td class="prngen4" colspan="3"> <p class="prnews_p"><span class="prnews_span">Year ended</span></p> </td> </tr> <tr> <td class="prngen5">&nbsp;</td> <td class="prngen2"> <p class="prnews_p"><span class="prnews_span">December 31,</span></p> </td> <td class="prngen5">&nbsp;</td> <td class="prngen2"> <p class="prnews_p"><span class="prnews_span">December 31,</span></p> </td> </tr> <tr> <td class="prngen5">&nbsp;</td> <td class="prngen6"> <p class="prnews_p"><span class="prnews_span">2018</span></p> </td> <td class="prngen5">&nbsp;</td> <td class="prngen6"> <p class="prnews_p"><span class="prnews_span">2017</span></p> </td> </tr> <tr> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> </tr> <tr> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span"><b>GAAP General and administrative expense</b></span></p> </td> <td class="prngen3"> <p class="prnews_p"><span class="prnews_span">$ 66,036</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen3"> <p class="prnews_p"><span class="prnews_span">$ 47,642</span></p> </td> </tr> <tr> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span">Stock-based compensation</span></p> </td> <td class="prngen13"> <p class="prnews_p"><span class="prnews_span">(5,881)</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen13"> <p class="prnews_p"><span class="prnews_span">(11,473)</span></p> </td> </tr> <tr> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span">Acquisition-related facilities adjustment</span></p> </td> <td class="prngen13"> <p class="prnews_p"><span class="prnews_span">(106)</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen3"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> </tr> <tr> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span">Settlement expense</span></p> </td> <td class="prngen13"> <p class="prnews_p"><span class="prnews_span">(1,730)</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen13"> <p class="prnews_p"><span class="prnews_span">(1,900)</span></p> </td> </tr> <tr> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span">Litigation costs</span></p> </td> <td class="prngen13"> <p class="prnews_p"><span class="prnews_span">(7,682)</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen13"> <p class="prnews_p"><span class="prnews_span">(373)</span></p> </td> </tr> <tr> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span">Cancelled debt offering costs</span></p> </td> <td class="prngen14"> <p class="prnews_p"><span class="prnews_span">(1,003)</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen8"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> </tr> <tr> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span"><b>Non-GAAP General and administrative expense</b></span></p> </td> <td class="prngen32"> <p class="prnews_p"><span class="prnews_span">$ 49,634</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen32"> <p class="prnews_p"><span class="prnews_span">$ 33,896</span></p> </td> </tr> <tr> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> </tr> <tr> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span"><b>GAAP Operating expenses</b></span></p> </td> <td class="prngen3"> <p class="prnews_p"><span class="prnews_span">$ 373,740</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen3"> <p class="prnews_p"><span class="prnews_span">$ 256,725</span></p> </td> </tr> <tr> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span">Stock-based compensation</span></p> </td> <td class="prngen13"> <p class="prnews_p"><span class="prnews_span">(10,613)</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen13"> <p class="prnews_p"><span class="prnews_span">(23,695)</span></p> </td> </tr> <tr> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span">Amortization of intangible assets</span></p> </td> <td class="prngen13"> <p class="prnews_p"><span class="prnews_span">(10,747)</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen13"> <p class="prnews_p"><span class="prnews_span">(4,225)</span></p> </td> </tr> <tr> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span">Acquisition-related facilities adjustments</span></p> </td> <td class="prngen13"> <p class="prnews_p"><span class="prnews_span">(657)</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen3"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> </tr> <tr> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span">Settlement expense</span></p> </td> <td class="prngen13"> <p class="prnews_p"><span class="prnews_span">(1,730)</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen13"> <p class="prnews_p"><span class="prnews_span">(1,900)</span></p> </td> </tr> <tr> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span">Litigation costs</span></p> </td> <td class="prngen13"> <p class="prnews_p"><span class="prnews_span">(7,682)</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen13"> <p class="prnews_p"><span class="prnews_span">(373)</span></p> </td> </tr> <tr> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span">Cancelled debt offering costs</span></p> </td> <td class="prngen13"> <p class="prnews_p"><span class="prnews_span">(1,003)</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen3"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> </tr> <tr> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span">Acquisition- and integration-related expense</span></p> </td> <td class="prngen13"> <p class="prnews_p"><span class="prnews_span">(16,951)</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen13"> <p class="prnews_p"><span class="prnews_span">(14,763)</span></p> </td> </tr> <tr> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span">Restructuring</span></p> </td> <td class="prngen14"> <p class="prnews_p"><span class="prnews_span">(17,015)</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen14"> <p class="prnews_p"><span class="prnews_span">(9,436)</span></p> </td> </tr> <tr> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span"><b>Non-GAAP Operating expenses</b></span></p> </td> <td class="prngen32"> <p class="prnews_p"><span class="prnews_span">$ 307,342</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen32"> <p class="prnews_p"><span class="prnews_span">$ 202,333</span></p> </td> </tr> <tr> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> </tr> <tr> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span"><b>GAAP Loss from operations</b></span></p> </td> <td class="prngen13"> <p class="prnews_p"><span class="prnews_span">$ (65,408)</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen13"> <p class="prnews_p"><span class="prnews_span">$ (55,229)</span></p> </td> </tr> <tr> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span">Acquisition-related revenue adjustment</span></p> </td> <td class="prngen3"> <p class="prnews_p"><span class="prnews_span">24,082</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen3"> <p class="prnews_p"><span class="prnews_span">23,280</span></p> </td> </tr> <tr> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span">Acquisition-related cost of revenue adjustment</span></p> </td> <td class="prngen13"> <p class="prnews_p"><span class="prnews_span">(1,977)</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen13"> <p class="prnews_p"><span class="prnews_span">(10,364)</span></p> </td> </tr> <tr> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span">Adjustment for new revenue standard</span></p> </td> <td class="prngen3"> <p class="prnews_p"><span class="prnews_span">10,045</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen3"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> </tr> <tr> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span">Adjustment to cost of revenue for new revenue standard</span></p> </td> <td class="prngen13"> <p class="prnews_p"><span class="prnews_span">(110)</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen3"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> </tr> <tr> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span">Stock-based compensation</span></p> </td> <td class="prngen3"> <p class="prnews_p"><span class="prnews_span">11,072</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen3"> <p class="prnews_p"><span class="prnews_span">25,657</span></p> </td> </tr> <tr> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span">Amortization of intangible assets</span></p> </td> <td class="prngen3"> <p class="prnews_p"><span class="prnews_span">49,723</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen3"> <p class="prnews_p"><span class="prnews_span">17,112</span></p> </td> </tr> <tr> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span">Impairment of intangible assets</span></p> </td> <td class="prngen3"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen3"> <p class="prnews_p"><span class="prnews_span">5,471</span></p> </td> </tr> <tr> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span">Acquisition-related facilities adjustments</span></p> </td> <td class="prngen3"> <p class="prnews_p"><span class="prnews_span">966</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen3"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> </tr> <tr> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span">Settlement expense</span></p> </td> <td class="prngen3"> <p class="prnews_p"><span class="prnews_span">1,730</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen3"> <p class="prnews_p"><span class="prnews_span">1,900</span></p> </td> </tr> <tr> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span">Litigation costs</span></p> </td> <td class="prngen3"> <p class="prnews_p"><span class="prnews_span">7,682</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen3"> <p class="prnews_p"><span class="prnews_span">373</span></p> </td> </tr> <tr> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span">Cancelled debt offering costs</span></p> </td> <td class="prngen3"> <p class="prnews_p"><span class="prnews_span">1,003</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen3"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> </tr> <tr> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span">Acquisition- and integration-related expense</span></p> </td> <td class="prngen3"> <p class="prnews_p"><span class="prnews_span">16,951</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen3"> <p class="prnews_p"><span class="prnews_span">14,763</span></p> </td> </tr> <tr> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span">Restructuring</span></p> </td> <td class="prngen8"> <p class="prnews_p"><span class="prnews_span">17,015</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen8"> <p class="prnews_p"><span class="prnews_span">9,436</span></p> </td> </tr> <tr> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span"><b>Non-GAAP Income from operations</b></span></p> </td> <td class="prngen32"> <p class="prnews_p"><span class="prnews_span">$ 72,774</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen32"> <p class="prnews_p"><span class="prnews_span">$ 32,399</span></p> </td> </tr> <tr> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> </tr> <tr> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span"><b>GAAP Loss from operations as a percentage of revenue</b></span></p> </td> <td class="prngen11"> <p class="prnews_p"><span class="prnews_span">-11.3%</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen11"> <p class="prnews_p"><span class="prnews_span">-16.7%</span></p> </td> </tr> <tr> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span">Acquisition-related revenue adjustment</span></p> </td> <td class="prngen11"> <p class="prnews_p"><span class="prnews_span">4.4%</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen11"> <p class="prnews_p"><span class="prnews_span">7.7%</span></p> </td> </tr> <tr> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span">Acquisition-related cost of revenue adjustment</span></p> </td> <td class="prngen11"> <p class="prnews_p"><span class="prnews_span">-0.3%</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen11"> <p class="prnews_p"><span class="prnews_span">-2.9%</span></p> </td> </tr> <tr> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span">Adjustment for new revenue standard</span></p> </td> <td class="prngen11"> <p class="prnews_p"><span class="prnews_span">1.6%</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen11"> <p class="prnews_p"><span class="prnews_span">0.0%</span></p> </td> </tr> <tr> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span">Adjustment to cost of revenue for new revenue standard</span></p> </td> <td class="prngen11"> <p class="prnews_p"><span class="prnews_span">*</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen11"> <p class="prnews_p"><span class="prnews_span">0.0%</span></p> </td> </tr> <tr> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span">Stock-based compensation</span></p> </td> <td class="prngen11"> <p class="prnews_p"><span class="prnews_span">1.8%</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen11"> <p class="prnews_p"><span class="prnews_span">7.3%</span></p> </td> </tr> <tr> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span">Amortization of intangible assets</span></p> </td> <td class="prngen11"> <p class="prnews_p"><span class="prnews_span">8.1%</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen11"> <p class="prnews_p"><span class="prnews_span">4.8%</span></p> </td> </tr> <tr> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span">Impairment of intangible assets</span></p> </td> <td class="prngen11"> <p class="prnews_p"><span class="prnews_span">0.0%</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen11"> <p class="prnews_p"><span class="prnews_span">1.5%</span></p> </td> </tr> <tr> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span">Acquisition-related facilities adjustment</span></p> </td> <td class="prngen11"> <p class="prnews_p"><span class="prnews_span">0.2%</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen11"> <p class="prnews_p"><span class="prnews_span">0.0%</span></p> </td> </tr> <tr> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span">Settlement expense</span></p> </td> <td class="prngen11"> <p class="prnews_p"><span class="prnews_span">0.3%</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen11"> <p class="prnews_p"><span class="prnews_span">0.5%</span></p> </td> </tr> <tr> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span">Litigation costs</span></p> </td> <td class="prngen11"> <p class="prnews_p"><span class="prnews_span">1.3%</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen11"> <p class="prnews_p"><span class="prnews_span">0.1%</span></p> </td> </tr> <tr> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span">Cancelled debt offering costs</span></p> </td> <td class="prngen11"> <p class="prnews_p"><span class="prnews_span">0.2%</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen11"> <p class="prnews_p"><span class="prnews_span">0.0%</span></p> </td> </tr> <tr> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span">Acquisition- and integration-related expense</span></p> </td> <td class="prngen11"> <p class="prnews_p"><span class="prnews_span">2.8%</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen11"> <p class="prnews_p"><span class="prnews_span">4.2%</span></p> </td> </tr> <tr> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span">Restructuring</span></p> </td> <td class="prngen11"> <p class="prnews_p"><span class="prnews_span">2.8%</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen11"> <p class="prnews_p"><span class="prnews_span">2.7%</span></p> </td> </tr> <tr> <td class="prngen7"> <p class="prnews_p"><span class="prnews_span"><b>Non-GAAP Income from operations as a percentage of revenue</b></span></p> </td> <td class="prngen31"> <p class="prnews_p"><span class="prnews_span">11.9%</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen31"> <p class="prnews_p"><span class="prnews_span">9.2%</span></p> </td> </tr> <tr> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> </tr> <tr> <td class="prngen7" colspan="2"> <p class="prnews_p"><span class="prnews_span"> * Less than 0.1% impact on income (loss) from operations as a percentage of revenue</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen3">&nbsp;</td> </tr> </tbody> </table> </div> <p>&nbsp;</p> <p>&nbsp;</p> <div> <table border="0" cellpadding="0" cellspacing="0" class="prntblns"> <tbody> <tr> <td class="prngen2" colspan="4" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">RIBBON COMMUNICATIONS INC.</span></p> </td> </tr> <tr> <td class="prngen2" colspan="4" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Reconciliation of Non-GAAP and GAAP Financial Measures</span></p> </td> </tr> <tr> <td class="prngen2" colspan="4" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(in thousands, except per share amounts)</span></p> </td> </tr> <tr> <td class="prngen2" colspan="4" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(unaudited)</span></p> </td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen4" colspan="3" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Year ended</span></p> </td> </tr> <tr> <td class="prngen17" nowrap="nowrap">&nbsp;</td> <td class="prngen2" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">December 31,</span></p> </td> <td class="prngen17" nowrap="nowrap">&nbsp;</td> <td class="prngen2" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">December 31,</span></p> </td> </tr> <tr> <td class="prngen17" nowrap="nowrap">&nbsp;</td> <td class="prngen18" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">2018</span></p> </td> <td class="prngen17" nowrap="nowrap">&nbsp;</td> <td class="prngen18" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">2017</span></p> </td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span"><b>GAAP Net loss</b></span></p> </td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ (76,810)</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ (35,252)</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Acquisition-related revenue adjustment</span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">24,082</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">23,280</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Acquisition-related cost of revenue adjustment</span></p> </td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(1,977)</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(10,364)</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Adjustment for new revenue standard</span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">10,045</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Adjustment to cost of revenue for new revenue standard</span></p> </td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(110)</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Stock-based compensation</span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">11,072</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">25,657</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Amortization of intangible assets</span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">49,723</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">17,112</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Impairment of intangible assets</span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">5,471</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Acquisition-related facilities adjustments</span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">966</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Settlement expense</span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">1,730</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">1,900</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Litigation costs</span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">7,682</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">373</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Cancelled debt offering costs</span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">1,003</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Acquisition- and integration-related expense</span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">16,951</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">14,763</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Restructuring</span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">17,015</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">9,436</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Gain on the sale of intangible asset</span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(576)</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Tax benefits arising from purchase accounting and tax reform</span></p> </td> <td class="prngen24" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(718)</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen24" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(21,155)</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span"><b>Non-GAAP net income</b></span></p> </td> <td class="prngen26" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 60,654</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen26" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 30,645</span></p> </td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span"><b>Earnings (loss) per share:</b></span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span"><b>GAAP Loss per share</b></span></p> </td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ (0.74)</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ (0.60)</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Acquisition-related revenue adjustment</span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">0.23</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">0.38</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Acquisition-related cost of revenue adjustment</span></p> </td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(0.02)</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(0.17)</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Adjustment for new revenue standard</span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">0.10</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Adjustment to cost of revenue for new revenue standard</span></p> </td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span"> * </span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Stock-based compensation</span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">0.11</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">0.43</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Amortization of intangible assets</span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">0.48</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">0.29</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Impairment of intangible assets</span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">0.09</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Acquisition-related facilities adjustments</span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">0.01</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Settlement expense</span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">0.02</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">0.03</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Litigation costs</span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">0.07</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">0.01</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Cancelled debt offering costs</span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">0.01</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Acquisition- and integration-related expense</span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">0.16</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">0.25</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Restructuring</span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">0.16</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">0.16</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Gain on the sale of intangible asset</span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(0.01)</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Tax benefits arising from purchase accounting and tax reform</span></p> </td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(0.01)</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(0.35)</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span"><b>Non-GAAP Diluted earnings per share</b></span></p> </td> <td class="prngen20" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 0.58</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen20" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 0.51</span></p> </td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span"><b>Shares used to compute diluted earnings per share or (loss) per share</b></span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span"><b> GAAP Shares used to compute loss per share</b></span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">103,916</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">58,822</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span"><b> Non-GAAP Shares used to compute diluted earnings per share</b></span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">104,438</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">59,639</span></p> </td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span"><b>Adjusted EBITDA:</b></span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span"><b>GAAP Net loss</b></span></p> </td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ (76,810)</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(35,252)</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Interest expense (income), net</span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">4,230</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(263)</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Income tax provision</span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">3,400</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(18,440)</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Depreciation</span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">11,200</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">8,486</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Amortization of intangible assets</span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">49,723</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">17,112</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Impairment of intangible assets</span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">5,471</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Acquisition-related revenue adjustment</span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">24,082</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">23,280</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Acquisition-related cost of revenue adjustment</span></p> </td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(1,977)</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(10,364)</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Adjustment for new revenue standard</span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">10,045</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Adjustment to cost of revenue for new revenue standard</span></p> </td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(110)</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Stock-based compensation</span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">11,072</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">25,657</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Acquisition-related facilities adjustment</span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">966</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Settlement expense</span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">1,730</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">1,900</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Litigation costs</span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">7,682</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">373</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Cancelled debt offering costs</span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">1,003</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">-</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Acquisition- and integration-related expense</span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">16,951</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">14,763</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Restructuring</span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">17,015</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">9,436</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">Other expense (income), net</span></p> </td> <td class="prngen16" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">3,772</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">(1,274)</span></p> </td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span"><b>Non-GAAP Adjusted EBITDA</b></span></p> </td> <td class="prngen20" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 83,974</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen20" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">$ 40,885</span></p> </td> </tr> <tr> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> </tr> <tr> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p"><span class="prnews_span">* Less than $0.01 impact on earnings (loss) per share</span></p> </td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> <td class="prngen16" nowrap="nowrap">&nbsp;</td> </tr> </tbody> </table> </div> <p>&nbsp;</p> <script type="text/javascript" src="https://preview1.newswire.ca/prn-us-b/audio.min.js"></script><script type="text/javascript" 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data-block-plugin-id="block_content:6f8a3dde-bb84-4e12-ad2a-69765b6b89ad" class="block--cta_feature_simple"> <div class="container-fluid"> <div class="row wrapper-row" style="background-image: url('/sites/default/files/girlphone.jpg')"> <div class="container"> <div class="hidden-xs col-sm-6 bg-wrapper"></div> <div class="col-xs-12 col-sm-6"> <div class="text-wrapper cta-large"> <h2 class="block-title lighter">Ask Us Anything!</h2> <p>Ribbon's team of professionals are ready to answer your questions,&nbsp;guide you to the right solution or help you with your network design.&nbsp;</p> <div class="cta-link" data-aos="fade" data-aos-duration="600" data-aos-easing="ease-in-sine"> <a href="https://go.pardot.com/l/27332/2018-01-08/841223i" target="_blank" class="mfp-iframe pardot-popup btn btn-primary">Let's Chat!</a> </div> </div> </div> </div> </div> </div> </div> </div> </div> </div> Wed, 20 Feb 2019 21:11:50 +0000 pleininger 20468 at https://ribboncommunications.com Ribbon Showcases Powerful Cloud, Core, Edge, Security and Analytics Solutions at Mobile World Congress https://ribboncommunications.com/company/media-center/press-releases/ribbon-showcases-powerful-cloud-core-edge-security-and-analytics-solutions-mobile-world-congress <div class="ribbon-two-column"> <div class="region region-pre-content"> </div> <div class="region region-main-content container"> <div class="block-region-main"><div data-block-plugin-id="sharethis_block"> <div class="sharethis-wrapper"><span st_url="https://ribboncommunications.com/rss/press-releases" st_title="MC: Press Releases" class="st_facebook_hcount" displayText="facebook"></span> <span st_url="https://ribboncommunications.com/rss/press-releases" st_title="MC: Press Releases" class="st_twitter_hcount" st_via="ribboncomm" st_username="" displayText="twitter"></span> <span st_url="https://ribboncommunications.com/rss/press-releases" st_title="MC: Press Releases" class="st_linkedin_hcount" displayText="linkedin"></span> <span st_url="https://ribboncommunications.com/rss/press-releases" st_title="MC: Press Releases" class="st_googleplus_hcount" displayText="googleplus"></span> <span st_url="https://ribboncommunications.com/rss/press-releases" st_title="MC: Press Releases" class="st_email_hcount" displayText="email"></span> </div> </div> <div data-block-plugin-id="entity_field:node:title"> <h1 class="page-header">Ribbon Showcases Powerful Cloud, Core, Edge, Security and Analytics Solutions at Mobile World Congress</h1> </div> <div data-block-plugin-id="entity_field:node:field_title"> <div class="field field--name-field-title field--type-string field--label-hidden field--item">Demonstrations highlight how leading mobile service providers are leveraging Ribbon’s solutions to drive revenue, enhance security, gain customer insights and improve network efficiencies</div> </div> <div data-block-plugin-id="entity_field:node:field_date_release"> <div class="field field--name-field-date-release field--type-datetime field--label-hidden field--item">February 19, 2019</div> </div> <div data-block-plugin-id="entity_field:node:body"> <div class="field field--name-body field--type-text-with-summary field--label-hidden field--item"><p><b>WESTFORD, Mass.</b> – <b><u><a href="http://www.ribboncomm.com/" target="_blank">Ribbon Communications Inc.</a></u></b> (Nasdaq: RBBN), a global software leader in secure and intelligent cloud communications, today announced that it will feature key components of its portfolio at <span class="MsoHyperlink"><b><a href="http://www.mobileworldcongress.com/" target="_blank">Mobile World Congress</a></b><span class="MsoHyperlink">, which is taking place in Barcelona, Spain from February 25 – 28, 2019. Ribbon <b>(Hall 2 Stand 2L10)</b> will demonstrate how leading service providers, such as <span class="MsoHyperlink"><b><a href="https://ribboncommunications.com/company/media-center/press-releases/verizon-offers-sbc-service-ribbon-communications-part-its-virtual-network-services" target="_blank">Verizon</a></b>, <span class="MsoHyperlink"><b><a href="https://ribboncommunications.com/company/media-center/press-releases/softbank-leverages-ribbon-protect-platform-business-critical-network-visibility-and-monitoring" target="_blank">SoftBank</a></b>, <span class="MsoHyperlink"><b><a href="https://ribboncommunications.com/company/media-center/press-releases/kandy-underpins-optus-cloud-based-communications-offer-australias-small-medium-businesses" target="_blank">Optus</a></b> and <span class="MsoHyperlink"><b><a href="https://ribboncommunications.com/company/media-center/press-releases/kandy-powers-hong-kong-broadband-networks-new-global-talk-app" target="_blank">Hong Kong Broadband</a></b><b>, </b>are leveraging the company’s software-based solutions to improve network efficiency and security and deliver enhanced customer experiences.&nbsp; </span></span></span></span></span></span></p> <p>“We are continually strengthening our mobile solutions portfolio to help our customers improve their offerings and better serve their end-users, and there is no better place to highlight these capabilities than the largest mobile conference in the world,” said Patrick Joggerst, Chief Marketing Officer for Ribbon. “We currently have billions of minutes of mobile traffic per month running on our <span class="MsoHyperlink"><b><a href="https://ribboncommunications.com/solutions/service-provider-solutions/mobile-network-evolution/voice-over-lte-volte-and-ip-multimedia-subsystem-ims" target="_blank">Voice over Long Term Evolution</a></b> (VoLTE) solutions in large service provider networks, serving more than 300 million subscribers. Our big data, Machine Learning and AI-based <span class="MsoHyperlink"><b><a href="https://ribboncommunications.com/products/service-provider-products/security-analytics/protect-service-providers" target="_blank">analytics solutions</a></b> are already helping Tier-1 mobile operators gain prescriptive insights on subscriber behavior and improve their network performance.”</span></span></p> <p>Joggerst added, “Our <span class="MsoHyperlink"><b><a href="http://kandy.io" target="_blank">Kandy</a></b> cloud platform, which helps service providers deliver innovative API-based communications offerings that are very easy to use, is also part of the many ways in which our comprehensive solutions are supporting mobile service providers around the globe.”</span></p> <p>Ribbon Chief Technology Officer Kevin Riley will deliver a presentation, <i>Migrating and Securing Real-time Communications on AWS</i>, on Tuesday, February 26 at 4 pm CET in CC1.3 in the South Hall, as part of the AWS Partner Solutions Speaker Series at Mobile World Congress.</p> <p><b><span lang="EN-GB">Featured Solutions and Demonstrations at the Ribbon booth include</span></b><b>:</b></p> <ul> <li><span class="MsoHyperlink"><b><a href="https://www.kandy.io/" target="_blank">Kandy Cloud</a></b> – Highlights how service providers can increase revenue velocity with Kandy cloud Communications Platform as a Service (CPaaS), Unified Communications as a Service (UCaaS) and Contact Center as a Service (CCaaS) white-label solutions. Kandy provides customers with self-service options to acquire and consume exciting new communications services. </span></li> <li><span class="MsoHyperlink"><b><a href="https://ribboncommunications.com/company/media-center/press-releases/ribbon-communications-signs-agreement-acquire-business-and-technology-assets-anova-data" target="_blank">Security &amp; Analytics</a></b> – Demonstrates how service providers can utilize Machine Learning and AI-powered insights to drive an end-to-end 360° analytics framework on mobile IP data and voice that radically shifts a service provider’s security position from reactive to proactive.</span></li> <li><span class="MsoHyperlink"><b><a href="https://ribboncommunications.com/company/media-center/press-releases/ribbon-expands-sbc-solutions-portfolio-deliver-enhanced-support-both-public-and-private-cloud" target="_blank">Cloud Applications</a></b> – Allows mobile service providers to drive web-scale and cloud-native communications with multiple applications, including session border controllers from the private NFV cloud or the public (Amazon Web Services &amp; others) cloud. Ribbon will also demonstrate how its Graphical Processing Units (GPUs) accelerate virtual network functions to improve the scale of media transcoding.</span></li> <li><span class="MsoHyperlink"><b><a href="https://ribboncommunications.com/solutions/service-provider-solutions/edge-services" target="_blank">Cloud to Edge</a></b> – Demonstrates how service providers can drive the Intelligent Enterprise Edge with managed service offerings from the cloud with security, zero-touch provisioning, service assurance and SD-WAN capabilities.</span></li> <li><span class="MsoHyperlink"><b><a href="https://ribboncommunications.com/solutions/service-provider-solutions/mobile-network-solutions" target="_blank">Network Evolution</a></b> – Demonstrates how service providers can evolve networks and interconnects with high performance, scale and reliability capabilities, such as media processing and transcoding solutions that support a large variety of codecs including Enhanced Voice Services (EVS).</span></li> </ul> <p><b>About Ribbon Communications </b></p> <p>Ribbon Communications is a company with two decades of leadership in real-time communications. Built on world-class technology and intellectual property, the company delivers intelligent, secure, embedded real-time communications for today’s world.&nbsp; The company transforms fixed, mobile and enterprise networks from legacy environments to secure IP and cloud-based architectures, enabling highly productive communications for consumers and businesses.&nbsp; With a global footprint, Ribbon’s innovative, market-leading portfolio empowers service providers and enterprises with rapid service creation in a fully virtualized environment.&nbsp; The company’s Kandy real-time communications software platform delivers a comprehensive set of advanced embedded and unified (CPaaS and UCaaS) communications capabilities that enables this transformation. To learn more, visit <span class="MsoHyperlink"><a href="http://www.ribboncomm.com/" target="_blank">ribboncommunications.com</a>.</span></p> <p><b>Important Information Regarding Forward-Looking Statements</b></p> <p><span lang="EN">The information in this release contains forward-looking statements regarding future events that involve risks and uncertainties, including statements regarding delivering value to customers. All statements other than statements of historical facts contained in this release are forward-looking statements. Our actual results may differ materially from those contemplated by the forward-looking statements. For further information regarding risks and uncertainties associated with Ribbon Communications' business, please refer to the "Risk Factors" section of Ribbon Communications' most recent annual or quarterly report filed with the SEC. Any forward-looking statements represent Ribbon Communications' views only as of the date on which such statement is made and should not be relied upon as representing Ribbon Communications' views as of any subsequent date. While Ribbon Communications may elect to update forward-looking statements at some point, Ribbon Communications specifically disclaims any obligation to do so.</span></p> </div> </div> <div data-block-plugin-id="entity_field:node:field_contacts_pr"> <div class="field field--name-field-contacts-pr field--type-entity-reference field--label-hidden field--items"> <div class="field--item"> <div class="field field--name-field-position field--type-string field--label-hidden field--item">International Press</div> <div class="field field--name-field-title field--type-string field--label-hidden field--item">Catherine Berthier</div> <div class="field field--name-field-tn field--type-string field--label-hidden field--item">+1 (646) 741-1974</div> <div class="field field--name-field-email field--type-email field--label-hidden field--item"><a href="mailto:cberthier@rbbn.com">cberthier@rbbn.com</a></div> </div> <div class="field--item"> <div class="field field--name-field-position field--type-string field--label-hidden field--item">Dennis Watson</div> <div class="field field--name-field-title field--type-string field--label-hidden field--item">US Press</div> <div class="field field--name-field-tn field--type-string field--label-hidden field--item">+1 (214) 695 2224</div> <div class="field field--name-field-email field--type-email field--label-hidden field--item"><a href="mailto:dwatson@rbbn.com">dwatson@rbbn.com</a></div> </div> <div class="field--item"> <div class="field field--name-field-position field--type-string field--label-hidden field--item">Analyst Relations</div> <div class="field field--name-field-title field--type-string field--label-hidden field--item">Michael Cooper</div> <div class="field field--name-field-tn field--type-string field--label-hidden field--item">+1 (708) 383-3387</div> <div class="field field--name-field-email field--type-email field--label-hidden field--item"><a href="mailto:mcooper@rbbn.com">mcooper@rbbn.com</a></div> </div> <div class="field--item"> <div class="field field--name-field-position field--type-string field--label-hidden field--item">Investor Relations</div> <div class="field field--name-field-title field--type-string field--label-hidden field--item">Monica Gould</div> <div class="field field--name-field-tn field--type-string field--label-hidden field--item">+1 (212) 871-3927</div> <div class="field field--name-field-email field--type-email field--label-hidden field--item"><a href="mailto:IR@rbbn.com">IR@rbbn.com</a></div> </div> </div> </div> </div> </div> <div class="region region-post-content"> <div class="block-region-post"><div data-block-plugin-id="block_content:6f8a3dde-bb84-4e12-ad2a-69765b6b89ad" class="block--cta_feature_simple"> <div class="container-fluid"> <div class="row wrapper-row" style="background-image: url('/sites/default/files/girlphone.jpg')"> <div class="container"> <div class="hidden-xs col-sm-6 bg-wrapper"></div> <div class="col-xs-12 col-sm-6"> <div class="text-wrapper cta-large"> <h2 class="block-title lighter">Ask Us Anything!</h2> <p>Ribbon's team of professionals are ready to answer your questions,&nbsp;guide you to the right solution or help you with your network design.&nbsp;</p> <div class="cta-link" data-aos="fade" data-aos-duration="600" data-aos-easing="ease-in-sine"> <a href="https://go.pardot.com/l/27332/2018-01-08/841223i" target="_blank" class="mfp-iframe pardot-popup btn btn-primary">Let's Chat!</a> </div> </div> </div> </div> </div> </div> </div> </div> </div> </div> Tue, 19 Feb 2019 14:34:49 +0000 pleininger 20465 at https://ribboncommunications.com Ribbon Communications Signs Agreement to Acquire Business and Technology Assets of Anova Data https://ribboncommunications.com/company/media-center/press-releases/ribbon-communications-signs-agreement-acquire-business-and-technology-assets-anova-data <div class="ribbon-two-column"> <div class="region region-pre-content"> </div> <div class="region region-main-content container"> <div class="block-region-main"><div data-block-plugin-id="sharethis_block"> <div class="sharethis-wrapper"><span st_url="https://ribboncommunications.com/rss/press-releases" st_title="MC: Press Releases" class="st_facebook_hcount" displayText="facebook"></span> <span st_url="https://ribboncommunications.com/rss/press-releases" st_title="MC: Press Releases" class="st_twitter_hcount" st_via="ribboncomm" st_username="" displayText="twitter"></span> <span st_url="https://ribboncommunications.com/rss/press-releases" st_title="MC: Press Releases" class="st_linkedin_hcount" displayText="linkedin"></span> <span st_url="https://ribboncommunications.com/rss/press-releases" st_title="MC: Press Releases" class="st_googleplus_hcount" displayText="googleplus"></span> <span st_url="https://ribboncommunications.com/rss/press-releases" st_title="MC: Press Releases" class="st_email_hcount" displayText="email"></span> </div> </div> <div data-block-plugin-id="entity_field:node:title"> <h1 class="page-header">Ribbon Communications Signs Agreement to Acquire Business and Technology Assets of Anova Data</h1> </div> <div data-block-plugin-id="entity_field:node:field_title"> <div class="field field--name-field-title field--type-string field--label-hidden field--item">Ribbon expands its security and analytics portfolio with powerful new service assurance and revenue-generating applications for service providers and enterprises </div> </div> <div data-block-plugin-id="entity_field:node:field_date_release"> <div class="field field--name-field-date-release field--type-datetime field--label-hidden field--item">February 4, 2019</div> </div> <div data-block-plugin-id="entity_field:node:body"> <div class="field field--name-body field--type-text-with-summary field--label-hidden field--item"><p>WESTFORD, Mass. – <b><u><a href="http://www.ribboncomm.com/" target="_blank">Ribbon Communications Inc.</a></u></b> (Nasdaq: RBBN), a global software leader in secure and intelligent cloud communications, today announced that it has agreed to purchase the business and technology assets of Anova Data, Inc., a leading provider of advanced analytics solutions. Anova Data is based in the U.S. and its Next Generation (NextGen) products provide a cloud-native, streaming analytics platform for network and subscriber optimization and monetization. These products in combination with existing Ribbon solutions are expected to deliver mobile, fixed and enterprise customers an enhanced suite of applications that utilize big data analytics and machine learning to provide prescriptive insights on subscriber behavior and network performance. With these newly combined solutions, Ribbon believes it can better engage customers with expanded offerings to open new revenue streams, provide advanced service assurance, and improve overall subscriber experiences.</p> <p>&nbsp;</p> <p>“These assets perfectly complement our existing security and analytics platform, <span class="MsoHyperlink"><b><a href="https://ribboncommunications.com/products/service-provider-products/security-analytics/protect-service-providers" target="_blank">Ribbon Protect</a></b>,” said Fritz Hobbs, President and Chief Executive Officer of Ribbon Communications. “Anova Data’s cloud-native solutions, which already boast several global Tier 1 deployments, are expected to help us further expand our offerings to mobile service providers with a comprehensive solution set that combines subscriber-level analytics with real-time network optimization and intelligence.” </span></p> <p>“Our powerful machine learning (ML) and artificial intelligence (AI) analytics solutions have been successful in helping our global Tier 1 mobile service provider customers gain the insightful, actionable intelligence that allows them to deliver enhanced subscriber experiences, while maximizing network efficiencies,” said John St. Amand, Chief Executive Officer of Anova Data. “This acquisition allows us to capitalize on both Ribbon’s global presence and large service provider customer base, while dramatically expanding the reach of Anova Data’s offerings.”</p> <p>The proposed acquisition reinforces and extends Ribbon’s strategy to expand into network optimization, security and data monetization via big data analytics and machine learning. As the complexity and scale of network operations continue to grow, big data analytics and machine learning are central to efficient, reliable operations and new revenue generation.&nbsp; Anova Data’s solutions are a logical fit with Ribbon’s security and analytics platform, Ribbon Protect. The combination delivers a robust, end-to-end solution for real time communications (RTC) and IP data service assurance, security, optimization and monetization.</p> <p>The transaction is expected to close in the first quarter of 2019, subject to customary closing conditions.&nbsp; Under the terms of the purchase agreement, the equity owners of Anova Data will receive at closing an aggregate of 3.3 million shares of Ribbon common stock in exchange for substantially all of the assets and liabilities of Anova Data. Ribbon does not expect that the acquisition will materially affect its financial results in 2019.</p> <p><b>About Anova Data </b></p> <p>Anova Data’s web‐scale analytics solutions unleash the full value of subscriber and network data insight, enabling operators to get ahead of unprecedented subscriber data growth and take back control of their networks. Anova Data’s Monetization Insight is part of a broad portfolio of analytics that drive significant financial performance for operator top‐line growth, middle‐line experience management, and bottom‐line savings through real‐time or in‐time insights.</p> <p><b>About Ribbon Communications</b></p> <p>Ribbon Communications is a company with two decades of leadership in real-time communications. Built on world-class technology and intellectual property, the company delivers intelligent, secure, embedded real-time communications for today’s world. The company transforms fixed, mobile and enterprise networks from legacy environments to secure IP and cloud-based architectures, enabling highly productive communications for consumers and businesses. With a global footprint, Ribbon’s innovative, market-leading portfolio empowers service providers and enterprises with rapid service creation in a fully virtualized environment. The company’s Kandy real-time communications software platform delivers a comprehensive set of advanced embedded and unified (CPaaS and UCaaS) communications capabilities that enables this transformation. To learn more, visit <u><a href="http://www.ribboncommunications.com" target="_blank">ribboncommunications.com</a></u>.</p> <p><b>Important Information Regarding Forward-Looking Statements&nbsp;&nbsp; </b></p> <p>The information in this release contains forward-looking statements which are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and are regarding future events that involve risks and uncertainties, including statements regarding delivering value to customers. All statements other than statements of historical facts contained in this release are forward-looking statements, including the statements regarding the acquisition of Anova Data’s assets and liabilities, the time frame in which this acquisition is expected to occur, satisfaction of closing conditions, the expected benefits to Ribbon Communications from the acquisition, including benefits to customers, the introduction of new solutions, and statements regarding expected future financial performance. Ribbon Communications’ actual results may differ materially from those contemplated by the forward-looking statements in this press release.</p> <p class="CxSpMiddle">Additionally, various risks and uncertainties could affect Ribbon Communications’ actual results and cause such results to differ materially from those contemplated by the forward-looking statements, including, without limitation, Ribbon Communications’ ability to complete the transaction in the time frame expected or at all; Ribbon Communications’ success integrating the business of Anova Data; Ribbon Communications’ ability to realize the anticipated benefits from the transaction; the effects of disruption from the transaction, making it more difficult to maintain relationships with employees, customers, business partners or government entities; economic conditions; difficulties leveraging market opportunities; difficulties providing solutions that meet the needs of customers; market acceptance of our products and services; and rapid technological and market change. For further information regarding risks and uncertainties associated with Ribbon's business, please refer to the "Risk Factors" section of Ribbon's most recent annual report filed with the SEC. Any forward-looking statements represent Ribbon's views only as of the date on which such statement is made and should not be relied upon as representing Ribbon's views as of any subsequent date. While Ribbon may elect to update forward-looking statements at some point, Ribbon specifically disclaims any obligation to do so.</p> </div> </div> <div data-block-plugin-id="entity_field:node:field_contacts_pr"> <div class="field field--name-field-contacts-pr field--type-entity-reference field--label-hidden field--items"> <div class="field--item"> <div class="field field--name-field-position field--type-string field--label-hidden field--item">International Press</div> <div class="field field--name-field-title field--type-string field--label-hidden field--item">Catherine Berthier</div> <div class="field field--name-field-tn field--type-string field--label-hidden field--item">+1 (646) 741-1974</div> <div class="field field--name-field-email field--type-email field--label-hidden field--item"><a href="mailto:cberthier@rbbn.com">cberthier@rbbn.com</a></div> </div> <div class="field--item"> <div class="field field--name-field-position field--type-string field--label-hidden field--item">Dennis Watson</div> <div class="field field--name-field-title field--type-string field--label-hidden field--item">US Press</div> <div class="field field--name-field-tn field--type-string field--label-hidden field--item">+1 (214) 695 2224</div> <div class="field field--name-field-email field--type-email field--label-hidden field--item"><a href="mailto:dwatson@rbbn.com">dwatson@rbbn.com</a></div> </div> <div class="field--item"> <div class="field field--name-field-position field--type-string field--label-hidden field--item">Analyst Relations</div> <div class="field field--name-field-title field--type-string field--label-hidden field--item">Michael Cooper</div> <div class="field field--name-field-tn field--type-string field--label-hidden field--item">+1 (708) 383-3387</div> <div class="field field--name-field-email field--type-email field--label-hidden field--item"><a href="mailto:mcooper@rbbn.com">mcooper@rbbn.com</a></div> </div> <div class="field--item"> <div class="field field--name-field-position field--type-string field--label-hidden field--item">Investor Relations</div> <div class="field field--name-field-title field--type-string field--label-hidden field--item">Monica Gould</div> <div class="field field--name-field-tn field--type-string field--label-hidden field--item">+1 (212) 871-3927</div> <div class="field field--name-field-email field--type-email field--label-hidden field--item"><a href="mailto:IR@rbbn.com">IR@rbbn.com</a></div> </div> </div> </div> </div> </div> <div class="region region-post-content"> <div class="block-region-post"><div data-block-plugin-id="block_content:6f8a3dde-bb84-4e12-ad2a-69765b6b89ad" class="block--cta_feature_simple"> <div class="container-fluid"> <div class="row wrapper-row" style="background-image: url('/sites/default/files/girlphone.jpg')"> <div class="container"> <div class="hidden-xs col-sm-6 bg-wrapper"></div> <div class="col-xs-12 col-sm-6"> <div class="text-wrapper cta-large"> <h2 class="block-title lighter">Ask Us Anything!</h2> <p>Ribbon's team of professionals are ready to answer your questions,&nbsp;guide you to the right solution or help you with your network design.&nbsp;</p> <div class="cta-link" data-aos="fade" data-aos-duration="600" data-aos-easing="ease-in-sine"> <a href="https://go.pardot.com/l/27332/2018-01-08/841223i" target="_blank" class="mfp-iframe pardot-popup btn btn-primary">Let's Chat!</a> </div> </div> </div> </div> </div> </div> </div> </div> </div> </div> Sun, 03 Feb 2019 19:41:10 +0000 pleininger 20445 at https://ribboncommunications.com IHS Markit Reports Ribbon as the Market Share Leader in the Enterprise Session Border Controller Market for Third Quarter 2018 https://ribboncommunications.com/company/media-center/press-releases/ihs-markit-reports-ribbon-market-share-leader-enterprise-session-border-controller-market-third <div class="ribbon-two-column"> <div class="region region-pre-content"> </div> <div class="region region-main-content container"> <div class="block-region-main"><div data-block-plugin-id="sharethis_block"> <div class="sharethis-wrapper"><span st_url="https://ribboncommunications.com/rss/press-releases" st_title="MC: Press Releases" class="st_facebook_hcount" displayText="facebook"></span> <span st_url="https://ribboncommunications.com/rss/press-releases" st_title="MC: Press Releases" class="st_twitter_hcount" st_via="ribboncomm" st_username="" displayText="twitter"></span> <span st_url="https://ribboncommunications.com/rss/press-releases" st_title="MC: Press Releases" class="st_linkedin_hcount" displayText="linkedin"></span> <span st_url="https://ribboncommunications.com/rss/press-releases" st_title="MC: Press Releases" class="st_googleplus_hcount" displayText="googleplus"></span> <span st_url="https://ribboncommunications.com/rss/press-releases" st_title="MC: Press Releases" class="st_email_hcount" displayText="email"></span> </div> </div> <div data-block-plugin-id="entity_field:node:title"> <h1 class="page-header">IHS Markit Reports Ribbon as the Market Share Leader in the Enterprise Session Border Controller Market for Third Quarter 2018</h1> </div> <div data-block-plugin-id="entity_field:node:field_title"> <div class="field field--name-field-title field--type-string field--label-hidden field--item">Ribbon E-SBC delivers advanced enterprise security and Intelligent Edge capabilities in premises and cloud-based environments</div> </div> <div data-block-plugin-id="entity_field:node:field_date_release"> <div class="field field--name-field-date-release field--type-datetime field--label-hidden field--item">January 22, 2019</div> </div> <div data-block-plugin-id="entity_field:node:body"> <div class="field field--name-body field--type-text-with-summary field--label-hidden field--item"><p>WESTFORD, Mass. – Ribbon Communications Inc. (Nasdaq: RBBN), a global software leader in secure and intelligent cloud communications, today announced that market research firm IHS Markit has reported Ribbon’s enterprise session border controllers (E-SBC) as the market share leader in that category for the third quarter of 2018. E-SBCs are a key component of Ribbon’s Intelligent Edge software solutions, which are leveraged by leading enterprises to effectively manage their transition to Next Generation (NextGen) SIP-based unified communications (UC) software in both premises-based and cloud environments.</p> <p>“Enterprises are increasingly turning to Ribbon’s advanced E-SBC software solutions to help them securely manage and optimize their valued IT and UC assets,” said Kevin Riley, Chief Technology Officer for Ribbon Communications. “To be ranked as a market share leader by IHS Markit is further validation that our strategic acquisition of Edgewater Networks is paying immediate dividends. We are committed to continually delivering value to our customers across all of our product lines and are thrilled to be recognized by one of the authoritative voices in the industry.”</p> <p>Riley added, “In addition to providing enterprises with advanced security and quality, our EdgeView network management software provides best-in-class network insights that give customers the ability to monitor, troubleshoot and quickly resolve issues from a centralized cloud control center.”</p> <p>“Enterprise continues to be a key focus area for Ribbon and our enterprise-related software products are an integral part of our overall offerings, accounting for nearly one-third of our product revenue in the third quarter,” said Daryl Raiford, Chief Financial Officer for Ribbon Communications. “IHS Markit forecasts growth for the enterprise session border controller market to experience a compound annual growth rate (CAGR) of 6 percent over the next five years, and we believe we are well positioned to capitalize on these opportunities with our comprehensive portfolio.”</p> <p>“Enterprise SBCs are gaining acceptance worldwide and the market is steadily growing,” said Diane Myers, senior research director for IHS Markit. “The landscape within the enterprise SBC market remains competitive, but Ribbon has capitalized on its acquisition of Edgewater Networks with an 18 percent revenue market share in the third quarter 2018.”</p> <p>Ribbon’s broad portfolio of E-SBCs scale from small businesses to the largest multi-national enterprises. They are certified for both Microsoft Teams and Skype for Business deployments, and interoperate with legacy, SIP and applications service providers, while delivering ease of use, and providing some of the industry’s most advanced SIP security and reliability.</p> <p><strong>Key Takeaways:</strong></p> <ul> <li>Market research firm IHS Markit has reported Ribbon as the #1 Enterprise Session Border Controller market share leader with an 18 percent revenue market share in the third quarter of 2018.</li> <li>Ribbon’s E-SBCs are a key component of its Intelligent Edge software solutions and helps enterprises effectively and securely manage their transition to SIP-based unified communications (UC).</li> <li>Ribbon’s E-SBC market leadership is further validation of the success of its recent acquisition of Edgewater Networks.</li> </ul> <h2>About Ribbon Communications</h2> <p>Ribbon Communications is a company with two decades of leadership in real-time communications. Built on world-class technology and intellectual property, the company delivers intelligent, secure, embedded real-time communications for today’s world. The company transforms fixed, mobile and enterprise networks from legacy environments to secure IP and cloud-based architectures, enabling highly productive communications for consumers and businesses. With a global footprint, Ribbon’s innovative, market-leading portfolio empowers service providers and enterprises with rapid service creation in a fully virtualized environment. The company’s Kandy real-time communications software platform delivers a comprehensive set of advanced embedded and unified (CPaaS and UCaaS) communications capabilities that enables this transformation. To learn more, visit ribboncommunications.com</p> <h2>Important Information Regarding Forward-Looking Statements</h2> <p>The information in this release contains forward-looking statements regarding future events that involve risks and uncertainties, including statements regarding delivering value to customers. All statements other than statements of historical facts contained in this release are forward-looking statements. Our actual results may differ materially from those contemplated by the forward-looking statements. For further information regarding risks and uncertainties associated with Ribbon Communications' business, please refer to the "Risk Factors" section of Ribbon Communications' most recent annual or quarterly report filed with the SEC. Any forward-looking statements represent Ribbon Communications' views only as of the date on which such statement is made and should not be relied upon as representing Ribbon Communications' views as of any subsequent date. While Ribbon Communications may elect to update forward-looking statements at some point, Ribbon Communications specifically disclaims any obligation to do so.</p> </div> </div> <div data-block-plugin-id="entity_field:node:field_contacts_pr"> <div class="field field--name-field-contacts-pr field--type-entity-reference field--label-hidden field--items"> <div class="field--item"> <div class="field field--name-field-position field--type-string field--label-hidden field--item">International Press</div> <div class="field field--name-field-title field--type-string field--label-hidden field--item">Catherine Berthier</div> <div class="field field--name-field-tn field--type-string field--label-hidden field--item">+1 (646) 741-1974</div> <div class="field field--name-field-email field--type-email field--label-hidden field--item"><a href="mailto:cberthier@rbbn.com">cberthier@rbbn.com</a></div> </div> <div class="field--item"> <div class="field field--name-field-position field--type-string field--label-hidden field--item">Dennis Watson</div> <div class="field field--name-field-title field--type-string field--label-hidden field--item">US Press</div> <div class="field field--name-field-tn field--type-string field--label-hidden field--item">+1 (214) 695 2224</div> <div class="field field--name-field-email field--type-email field--label-hidden field--item"><a href="mailto:dwatson@rbbn.com">dwatson@rbbn.com</a></div> </div> <div class="field--item"> <div class="field field--name-field-position field--type-string field--label-hidden field--item">Analyst Relations</div> <div class="field field--name-field-title field--type-string field--label-hidden field--item">Michael Cooper</div> <div class="field field--name-field-tn field--type-string field--label-hidden field--item">+1 (708) 383-3387</div> <div class="field field--name-field-email field--type-email field--label-hidden field--item"><a href="mailto:mcooper@rbbn.com">mcooper@rbbn.com</a></div> </div> <div class="field--item"> <div class="field field--name-field-position field--type-string field--label-hidden field--item">Investor Relations</div> <div class="field field--name-field-title field--type-string field--label-hidden field--item">Monica Gould</div> <div class="field field--name-field-tn field--type-string field--label-hidden field--item">+1 (212) 871-3927</div> <div class="field field--name-field-email field--type-email field--label-hidden field--item"><a href="mailto:IR@rbbn.com">IR@rbbn.com</a></div> </div> </div> </div> </div> </div> <div class="region region-post-content"> <div class="block-region-post"><div data-block-plugin-id="block_content:6f8a3dde-bb84-4e12-ad2a-69765b6b89ad" class="block--cta_feature_simple"> <div class="container-fluid"> <div class="row wrapper-row" style="background-image: url('/sites/default/files/girlphone.jpg')"> <div class="container"> <div class="hidden-xs col-sm-6 bg-wrapper"></div> <div class="col-xs-12 col-sm-6"> <div class="text-wrapper cta-large"> <h2 class="block-title lighter">Ask Us Anything!</h2> <p>Ribbon's team of professionals are ready to answer your questions,&nbsp;guide you to the right solution or help you with your network design.&nbsp;</p> <div class="cta-link" data-aos="fade" data-aos-duration="600" data-aos-easing="ease-in-sine"> <a href="https://go.pardot.com/l/27332/2018-01-08/841223i" target="_blank" class="mfp-iframe pardot-popup btn btn-primary">Let's Chat!</a> </div> </div> </div> </div> </div> </div> </div> </div> </div> </div> Tue, 22 Jan 2019 15:51:01 +0000 javaughn 20415 at https://ribboncommunications.com Ribbon Communications Inc. Expects Full Year 2018 Financial Results to Meet Prior Guidance; Fourth Quarter and Full Year 2018 Financial Results to be Reported on February 20, 2019 | Announces Unified Sales and Service Leadership https://ribboncommunications.com/company/media-center/press-releases/Ribbon-Communications-Inc-Expects-Full-Year-2018-Financial-Results <div class="ribbon-two-column"> <div class="region region-pre-content"> </div> <div class="region region-main-content container"> <div class="block-region-main"><div data-block-plugin-id="sharethis_block"> <div class="sharethis-wrapper"><span st_url="https://ribboncommunications.com/rss/press-releases" st_title="MC: Press Releases" class="st_facebook_hcount" displayText="facebook"></span> <span st_url="https://ribboncommunications.com/rss/press-releases" st_title="MC: Press Releases" class="st_twitter_hcount" st_via="ribboncomm" st_username="" displayText="twitter"></span> <span st_url="https://ribboncommunications.com/rss/press-releases" st_title="MC: Press Releases" class="st_linkedin_hcount" displayText="linkedin"></span> <span st_url="https://ribboncommunications.com/rss/press-releases" st_title="MC: Press Releases" class="st_googleplus_hcount" displayText="googleplus"></span> <span st_url="https://ribboncommunications.com/rss/press-releases" st_title="MC: Press Releases" class="st_email_hcount" displayText="email"></span> </div> </div> <div data-block-plugin-id="entity_field:node:title"> <h1 class="page-header">Ribbon Communications Inc. Expects Full Year 2018 Financial Results to Meet Prior Guidance; Fourth Quarter and Full Year 2018 Financial Results to be Reported on February 20, 2019 | Announces Unified Sales and Service Leadership</h1> </div> <div data-block-plugin-id="entity_field:node:field_date_release"> <div class="field field--name-field-date-release field--type-datetime field--label-hidden field--item">January 14, 2019</div> </div> <div data-block-plugin-id="entity_field:node:body"> <div class="field field--name-body field--type-text-with-summary field--label-hidden field--item"><p>WESTFORD, Mass. – <span class="MsoHyperlink"><b><a href="http://www.ribboncomm.com/">Ribbon Communications Inc.</a></b> (Nasdaq: RBBN), <span lang="EN"><a href="http://www.sonus.net/en">a global leader in secure and intelligent cloud communications</a>, today announced that it expects non-GAAP revenue and adjusted EBITDA for the full year ended December 31, 2018 to meet the guidance provided on October 30, 2018.&nbsp; Ribbon anticipates full year 2018 non-GAAP revenue to be at or above $610 million and adjusted EBITDA to be in excess of $80 million. Its expectations regarding 2018 financial results are based on current estimates and remain subject to change based on the completion of the financial closing process.</span></span></p> <p><span lang="EN">“I am pleased to announce that we expect to report another strong quarter as it relates to both non-GAAP revenue and adjusted EBITDA,” said Fritz Hobbs, President and Chief Executive Officer of Ribbon Communications.&nbsp; “<span lang="EN">2018 was an important transition time for Ribbon, as we strengthened our solutions offerings, successfully completed our merger integration between Sonus and GENBAND and substantially improved our profitability.&nbsp; As we move into 2019, we are unifying and streamlining Ribbon’s customer-facing sales and services teams under the leadership of Steven Bruny. &nbsp;Steven has been serving as the leader of Ribbon’s global services organization, has held executive leadership roles for both sales and operations at GENBAND and brings over 30 years of sales and services industry experience to his expanded role. I am confident this unified organization will deliver expanded value to our customers.” </span></span></p> <p>Mr. Bruny commented, “I am proud of our outstanding sales and services teams here at Ribbon, and look forward to continuing our support of our customers and partners, who are embracing our real-time communications solutions worldwide.”</p> <p>Tony Scarfo has been selected to manage all research and development, product management and customer support teams within Ribbon. &nbsp;Mr. Scarfo now has end-to-end responsibility for the continued competitiveness and quality of Ribbon’s market-leading solutions.</p> <p>After successfully completing 2018, Mike Swade has agreed to remain with the Company through the end of March 2019 to support a smooth transition. Additionally, David Walsh, former Chairman and Chief Executive Officer of GENBAND and founder of Ribbon’s Kandy CPaaS platform, is expected to move to a consulting role and will serve as a strategic advisor to the Company. &nbsp;Mr. Hobbs commented, “I would like to thank Mike for his leadership in unifying the Ribbon sales team, and thank David for his leadership in driving the merger of Sonus and GENBAND and for his creation of Kandy, which serves the rapidly expanding CPaaS market. I wish them both well in their future endeavors.”</p> <p><b>Conference Call Details and Replay Information</b></p> <p><span lang="EN">Ribbon Communications will report its final financial results for the fourth quarter and full year of 2018 after the close of the market on Wednesday, February 20, 2019.&nbsp; Following the release, Ribbon Communications will host a conference call with the financial community at 4:30 p.m. ET to discuss the results. </span></p> <p><span lang="EN">The company will offer a live, listen-only webcast of the conference call via the investor section of its website at <u><a href="http://investors.ribboncommunications.com/press-and-events/events-and-presentations">http://<span lang="EN-US">investors.ribboncommunications.com/press-and-events/events-and-presentations</span></a></u> <span lang="EN">&nbsp;&nbsp;where a replay will also be available shortly following the conference call.</span></span></p> <p><b><span lang="EN">Conference call details:</span></b><br /> <span lang="EN">Date:&nbsp; February 20, 2019<br /> Time:&nbsp; 4:30 p.m. (ET)<br /> Dial-in number:&nbsp; 888-221-6224&nbsp; - International callers:&nbsp; +1-303-223-4367 </span></p> <p><b><span lang="EN">Replay information:</span></b><br /> <span lang="EN">A telephone playback of the call will be available following the conference call until March 6, 2019 and can be accessed by calling 800-633-8284 or +1-402-977-9140 for international callers.&nbsp;The reservation number for the replay is 21914807.&nbsp;</span></p> <p><b><span lang="FR">About Ribbon Communications</span></b></p> <p><b><span lang="FR"></span></b><span lang="FR">Ribbon Communications Inc.&nbsp;(Nasdaq: RBBN) is a company with two decades of market leadership <span lang="EN">experience in providing secure real-time communications solutions to the top service providers and enterprises around the globe. Built on world-class technology and intellectual property, Ribbon delivers highly reliable, unified and embedded real-time communications capabilities to customers in more than 25 countries and on 6 continents.&nbsp;The company transforms fixed, mobile and enterprise networks from legacy environments to all IP and fully virtualized, secure, cloud-based architectures, enabling highly productive communications for consumers and businesses. Ribbon’s market-leading communications security solutions are based on a big data behavioral analytics platform and offer customers enhanced network intelligence and security. The company’s Kandy Communications Platform as a Service (CPaaS) enables rapid service creation and digital transformation by delivering customers a comprehensive set of advanced embedded and unified communications capabilities.&nbsp;To learn more, visit ribboncommunications.com.</span></span></p> <p><span lang="EN"></span></p> <p class="MsoNoSpacing"><b><span lang="FR">Important Information Regarding Forward-Looking Statements</span></b><b> </b></p> <p class="MsoNoSpacing"><span lang="EN"><span lang="EN">The information in this release contains "forward-looking" statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, which are subject to a number of risks and uncertainties. &nbsp;All statements other than statements of historical facts contained in this release, including without limitation statements regarding our anticipated non-GAAP revenue and adjusted EBITDA for 2018; management transitions and future consulting relationships; &nbsp;the future results of operations, financial position and opportunities for the Company; business strategy; strategic position; and plans and objectives of management for future operations are forward-looking statements. &nbsp;Without limiting the foregoing, the words "believes", "estimates", "expects", "expectations", "intends", "may", and other similar language, whether in the negative or affirmative, are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words.</span></span></p> <p class="MsoNoSpacing"><span lang="EN"></span></p> <p class="MsoNoSpacing"><span lang="EN">Forward-looking statements are based on our current expectations and assumptions regarding our business, the economy and other future conditions. &nbsp;Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. &nbsp;Our actual results may differ materially from those contemplated in these forward-looking statements due to various risks, uncertainties and other important factors, including without limitation our completion of financial closing procedures, including the execution of our internal control over financial reporting, and the subsequent occurrence or identification of events prior to the formal issuance of the annual financial statements; our ability to realize benefits from acquisitions that we have completed; the effects of disruption from the acquisitions we have completed, making it more difficult to maintain relationships with employees, customers or business partners; the timing of customer purchasing decisions and our recognition of revenues; economic conditions; our ability to recruit and retain key personnel; difficulties supporting our strategic focus on channel sales; difficulties retaining and expanding our customer base; difficulties leveraging market opportunities; the impact of restructuring and cost-containment activities; litigation; actions taken by significant stockholders; difficulties providing solutions that meet the needs of customers; market acceptance of our products and services; rapid technological and market change; our ability to protect our intellectual property rights; our ability to maintain partner, reseller, distribution and vendor support and supply relationships; higher risks in international operations and markets; the impact of increased competition; currency fluctuations; changes in the market price of our common stock; and/or failure or circumvention of our controls and procedures. &nbsp;For further information regarding risks and uncertainties associated with Ribbon Communications' business, please refer to the "Risk Factors" section of Ribbon Communications' most recent annual report filed with the SEC. &nbsp;Any forward-looking statements represent Ribbon Communications' views only as of the date on which such statement is made and should not be relied upon as representing Ribbon Communications' views as of any subsequent date. &nbsp;While Ribbon Communications may elect to update forward-looking statements at some point, Ribbon Communications specifically disclaims any obligation to do so.</span><span lang="EN"></span></p> </div> </div> <div data-block-plugin-id="entity_field:node:field_contacts_pr"> <div class="field field--name-field-contacts-pr field--type-entity-reference field--label-hidden field--items"> <div class="field--item"> <div class="field field--name-field-position field--type-string field--label-hidden field--item">International Press</div> <div class="field field--name-field-title field--type-string field--label-hidden field--item">Catherine Berthier</div> <div class="field field--name-field-tn field--type-string field--label-hidden field--item">+1 (646) 741-1974</div> <div class="field field--name-field-email field--type-email field--label-hidden field--item"><a href="mailto:cberthier@rbbn.com">cberthier@rbbn.com</a></div> </div> <div class="field--item"> <div class="field field--name-field-position field--type-string field--label-hidden field--item">Dennis Watson</div> <div class="field field--name-field-title field--type-string field--label-hidden field--item">US Press</div> <div class="field field--name-field-tn field--type-string field--label-hidden field--item">+1 (214) 695 2224</div> <div class="field field--name-field-email field--type-email field--label-hidden field--item"><a href="mailto:dwatson@rbbn.com">dwatson@rbbn.com</a></div> </div> <div class="field--item"> <div class="field field--name-field-position field--type-string field--label-hidden field--item">Investor Relations</div> <div class="field field--name-field-title field--type-string field--label-hidden field--item">Monica Gould</div> <div class="field field--name-field-tn field--type-string field--label-hidden field--item">+1 (212) 871-3927</div> <div class="field field--name-field-email field--type-email field--label-hidden field--item"><a href="mailto:IR@rbbn.com">IR@rbbn.com</a></div> </div> </div> </div> </div> </div> <div class="region region-post-content"> <div class="block-region-post"><div data-block-plugin-id="block_content:6f8a3dde-bb84-4e12-ad2a-69765b6b89ad" class="block--cta_feature_simple"> <div class="container-fluid"> <div class="row wrapper-row" style="background-image: url('/sites/default/files/girlphone.jpg')"> <div class="container"> <div class="hidden-xs col-sm-6 bg-wrapper"></div> <div class="col-xs-12 col-sm-6"> <div class="text-wrapper cta-large"> <h2 class="block-title lighter">Ask Us Anything!</h2> <p>Ribbon's team of professionals are ready to answer your questions,&nbsp;guide you to the right solution or help you with your network design.&nbsp;</p> <div class="cta-link" data-aos="fade" data-aos-duration="600" data-aos-easing="ease-in-sine"> <a href="https://go.pardot.com/l/27332/2018-01-08/841223i" target="_blank" class="mfp-iframe pardot-popup btn btn-primary">Let's Chat!</a> </div> </div> </div> </div> </div> </div> </div> </div> </div> </div> Mon, 14 Jan 2019 20:08:33 +0000 pleininger 20397 at https://ribboncommunications.com Ribbon Joins Amazon Web Services Partner Network https://ribboncommunications.com/company/media-center/press-releases/ribbon-joins-amazon-web-services-partner-network <div class="ribbon-two-column"> <div class="region region-pre-content"> </div> <div class="region region-main-content container"> <div class="block-region-main"><div data-block-plugin-id="sharethis_block"> <div class="sharethis-wrapper"><span st_url="https://ribboncommunications.com/rss/press-releases" st_title="MC: Press Releases" class="st_facebook_hcount" displayText="facebook"></span> <span st_url="https://ribboncommunications.com/rss/press-releases" st_title="MC: Press Releases" class="st_twitter_hcount" st_via="ribboncomm" st_username="" displayText="twitter"></span> <span st_url="https://ribboncommunications.com/rss/press-releases" st_title="MC: Press Releases" class="st_linkedin_hcount" displayText="linkedin"></span> <span st_url="https://ribboncommunications.com/rss/press-releases" st_title="MC: Press Releases" class="st_googleplus_hcount" displayText="googleplus"></span> <span st_url="https://ribboncommunications.com/rss/press-releases" st_title="MC: Press Releases" class="st_email_hcount" displayText="email"></span> </div> </div> <div data-block-plugin-id="entity_field:node:title"> <h1 class="page-header">Ribbon Joins Amazon Web Services Partner Network</h1> </div> <div data-block-plugin-id="entity_field:node:field_title"> <div class="field field--name-field-title field--type-string field--label-hidden field--item">Delivers enhanced innovation for the cloud</div> </div> <div data-block-plugin-id="entity_field:node:field_date_release"> <div class="field field--name-field-date-release field--type-datetime field--label-hidden field--item">December 18, 2018</div> </div> <div data-block-plugin-id="entity_field:node:body"> <div class="field field--name-body field--type-text-with-summary field--label-hidden field--item"><article class="embedded-entity align-right"><img src="/sites/default/files/APN-Logo_Color_324x89.bf1425dd614dd4d3a8fabc983adcc40144cac14d.png" alt="AWS" title="aws amazon partner network" typeof="foaf:Image" class="img-responsive" /></article><p>WESTFORD, Mass. – <span class="MsoHyperlink"><b><a href="http://www.ribboncomm.com/">Ribbon Communications Inc.</a></b> (Nasdaq: RBBN), a global leader in secure and intelligent cloud communications, today announced that it has joined the <span class="MsoHyperlink"><a href="https://aws.amazon.com/partners/" target="_blank">AWS Partner Network</a> <span class="MsoHyperlink"><a href="https://aws.amazon.com/partners/">(APN)</a>,  the global partner program for AWS (Amazon Web Services). The program focuses on helping APN Partners build successful AWS-based businesses or solutions by providing business, technical, marketing, and go-to-market support.</span></span></span></p> <p>“We’re thrilled to extend our cloud leadership by joining the APN,” said Kevin Riley, Ribbon’s CTO. “As cloud innovators with multiple customers deployed in production on AWS, we look forward to deepening the relationship and developing new solutions that leverage AWS.”</p> <p>More and more Communications Service Providers (CSPs) want to deliver cloud-hosted, real-time communications services from the <span class="MsoHyperlink">cloud, <span class="MsoHyperlink">both for deployment ease and operational cost savings. Ribbon offers advanced <span class="MsoHyperlink"><a href="https://ribboncommunications.com/solutions/service-provider-solutions/cloud-and-nfv/session-border-controller-public-cloud">solutions</a><span class="MsoHyperlink"> to support these initiatives, including its cloud-native Session Border Controller Software Edition (<span class="MsoHyperlink"><a href="https://ribboncommunications.com/products/service-provider-products/session-border-controllers/sbc-software-edition-sbc-swe">SBC SWe</a>). Deployable on AWS today, the SBC SWe provides fast time to market and enables secure, reliable, and scalable real-time communications.</span></span></span></span></span></p> <p>Ribbon is also providing <span class="MsoHyperlink"><a href="https://docs.aws.amazon.com/solutions/latest/machine-learning-for-telecommunication/appendix-a.html" target="_blank">a synthetic dataset</a> for model-training purposes in AWS’s <span class="MsoHyperlink"><a href="https://aws.amazon.com/answers/machine-learning/machine-learning-for-telecommunication/" target="_blank">Machine Learning (ML) for Telecommunication</a> solution, which provides a framework for an end-to-end ML process including ad-hoc data exploration, data processing and feature engineering, and model training and evaluation. It includes a synthetic telecom IP Data Record (IPDR) dataset to demonstrate how to use ML algorithms to test and train models for predictive analysis in telecommunication.</span></span></p> <h2>About Ribbon Communications</h2> <p>Ribbon Communications is a company with two decades of leadership in real-time communications. Built on world-class technology and intellectual property, the company delivers intelligent, secure, embedded real-time communications for today’s world.  The company transforms fixed, mobile and enterprise networks from legacy environments to secure IP and cloud-based architectures, enabling highly productive communications for consumers and businesses.  With a global footprint, Ribbon’s innovative, market-leading portfolio empowers service providers and enterprises with rapid service creation in a fully virtualized environment.  The company’s Kandy real-time communications software platform delivers a comprehensive set of advanced embedded and unified (CPaaS and UCaaS) communications capabilities that enables this transformation. To learn more, visit <span class="MsoHyperlink"><a href="http://www.ribboncommunications.com">ribboncommunications.com</a>.</span></p> <h2>Important Information Regarding Forward-Looking Statements  </h2> <p>The information in this release contains forward-looking statements regarding future events that involve risks and uncertainties. All statements other than statements of historical facts contained in this release are forward-looking statements. Our actual results may differ materially from those contemplated by the forward-looking statements. For further information regarding risks and uncertainties associated with Ribbon Communications' business, please refer to the "Risk Factors" section of Ribbon Communications' most recent annual or quarterly report filed with the SEC. Any forward-looking statements represent Ribbon Communications' views only as of the date on which such statement is made and should not be relied upon as representing Ribbon Communications' views as of any subsequent date. While Ribbon Communications may elect to update forward-looking statements at some point, Ribbon Communications specifically disclaims any obligation to do so.</p> </div> </div> <div data-block-plugin-id="entity_field:node:field_contacts_pr"> <div class="field field--name-field-contacts-pr field--type-entity-reference field--label-hidden field--items"> <div class="field--item"> <div class="field field--name-field-position field--type-string field--label-hidden field--item">International Press</div> <div class="field field--name-field-title field--type-string field--label-hidden field--item">Catherine Berthier</div> <div class="field field--name-field-tn field--type-string field--label-hidden field--item">+1 (646) 741-1974</div> <div class="field field--name-field-email field--type-email field--label-hidden field--item"><a href="mailto:cberthier@rbbn.com">cberthier@rbbn.com</a></div> </div> <div class="field--item"> <div class="field field--name-field-position field--type-string field--label-hidden field--item">Dennis Watson</div> <div class="field field--name-field-title field--type-string field--label-hidden field--item">US Press</div> <div class="field field--name-field-tn field--type-string field--label-hidden field--item">+1 (214) 695 2224</div> <div class="field field--name-field-email field--type-email field--label-hidden field--item"><a href="mailto:dwatson@rbbn.com">dwatson@rbbn.com</a></div> </div> <div class="field--item"> <div class="field field--name-field-position field--type-string field--label-hidden field--item">Analyst Relations</div> <div class="field field--name-field-title field--type-string field--label-hidden field--item">Michael Cooper</div> <div class="field field--name-field-tn field--type-string field--label-hidden field--item">+1 (708) 383-3387</div> <div class="field field--name-field-email field--type-email field--label-hidden field--item"><a href="mailto:mcooper@rbbn.com">mcooper@rbbn.com</a></div> </div> <div class="field--item"> <div class="field field--name-field-position field--type-string field--label-hidden field--item">Investor Relations</div> <div class="field field--name-field-title field--type-string field--label-hidden field--item">Monica Gould</div> <div class="field field--name-field-tn field--type-string field--label-hidden field--item">+1 (212) 871-3927</div> <div class="field field--name-field-email field--type-email field--label-hidden field--item"><a href="mailto:IR@rbbn.com">IR@rbbn.com</a></div> </div> </div> </div> </div> </div> <div class="region region-post-content"> <div class="block-region-post"><div data-block-plugin-id="block_content:6f8a3dde-bb84-4e12-ad2a-69765b6b89ad" class="block--cta_feature_simple"> <div class="container-fluid"> <div class="row wrapper-row" style="background-image: url('/sites/default/files/girlphone.jpg')"> <div class="container"> <div class="hidden-xs col-sm-6 bg-wrapper"></div> <div class="col-xs-12 col-sm-6"> <div class="text-wrapper cta-large"> <h2 class="block-title lighter">Ask Us Anything!</h2> <p>Ribbon's team of professionals are ready to answer your questions,&nbsp;guide you to the right solution or help you with your network design.&nbsp;</p> <div class="cta-link" data-aos="fade" data-aos-duration="600" data-aos-easing="ease-in-sine"> <a href="https://go.pardot.com/l/27332/2018-01-08/841223i" target="_blank" class="mfp-iframe pardot-popup btn btn-primary">Let's Chat!</a> </div> </div> </div> </div> </div> </div> </div> </div> </div> </div> Mon, 17 Dec 2018 21:52:00 +0000 javaughn 20330 at https://ribboncommunications.com Ribbon Expands SBC Solutions Portfolio to Deliver Enhanced Support for both Public and Private Cloud Environments https://ribboncommunications.com/company/media-center/press-releases/ribbon-expands-sbc-solutions-portfolio-deliver-enhanced-support-both-public-and-private-cloud <div class="ribbon-two-column"> <div class="region region-pre-content"> </div> <div class="region region-main-content container"> <div class="block-region-main"><div data-block-plugin-id="sharethis_block"> <div class="sharethis-wrapper"><span st_url="https://ribboncommunications.com/rss/press-releases" st_title="MC: Press Releases" class="st_facebook_hcount" displayText="facebook"></span> <span st_url="https://ribboncommunications.com/rss/press-releases" st_title="MC: Press Releases" class="st_twitter_hcount" st_via="ribboncomm" st_username="" displayText="twitter"></span> <span st_url="https://ribboncommunications.com/rss/press-releases" st_title="MC: Press Releases" class="st_linkedin_hcount" displayText="linkedin"></span> <span st_url="https://ribboncommunications.com/rss/press-releases" st_title="MC: Press Releases" class="st_googleplus_hcount" displayText="googleplus"></span> <span st_url="https://ribboncommunications.com/rss/press-releases" st_title="MC: Press Releases" class="st_email_hcount" displayText="email"></span> </div> </div> <div data-block-plugin-id="entity_field:node:title"> <h1 class="page-header">Ribbon Expands SBC Solutions Portfolio to Deliver Enhanced Support for both Public and Private Cloud Environments</h1> </div> <div data-block-plugin-id="entity_field:node:field_title"> <div class="field field--name-field-title field--type-string field--label-hidden field--item">Best-in-class cloud native portfolio offers customers comprehensive public cloud support on Amazon Web Services and proven virtualized solutions for private clouds</div> </div> <div data-block-plugin-id="entity_field:node:field_date_release"> <div class="field field--name-field-date-release field--type-datetime field--label-hidden field--item">December 12, 2018</div> </div> <div data-block-plugin-id="entity_field:node:body"> <div class="field field--name-body field--type-text-with-summary field--label-hidden field--item"><p><b>WESTFORD, Mass.</b> – <b><u><a href="http://www.ribboncomm.com/">Ribbon Communications Inc.</a></u></b> (Nasdaq: RBBN), a global leader in secure and intelligent cloud communications, today announced another milestone to its market-leading session border controller (<span class="MsoHyperlink"><a href="https://ribboncommunications.com/products/service-provider-products/session-border-controllers-service-providers">SBC</a>) solutions set by expanding its public cloud investment support on Amazon Web Services (AWS). The enhanced public cloud offering provides service provider and enterprise customers the ability to improve network agility and lower operational costs. The company’s virtualized network functions are ideal for seamlessly transitioning to public cloud architectures. </span></p> <p>Ribbon’s public cloud support on Amazon Web Services (AWS) includes its Session Border Controller Software Edition (<span class="MsoHyperlink"><a href="https://ribboncommunications.com/products/service-provider-products/session-border-controllers/sbc-software-edition-sbc-swe">SBC SWe</a>) and Policy and Routing (<span class="MsoHyperlink"><a href="https://ribboncommunications.com/products/service-provider-products/policy-routing/centralized-policy-and-routing-psx">PSX</a>) application.&nbsp; The Ribbon SBC SWe is also now fully integrated with Amazon Web Services’ <span class="MsoHyperlink"><a href="https://aws.amazon.com/cloudwatch/" target="_blank">Cloudwatch</a> service, offering complete visibility and monitoring of SBC application resource utilization. The company’s public cloud investments also include integration with open source software toolkits from industry leaders such as Red Hat and Terraform.</span></span></span></p> <p>For customers who want to retain control and deployment of their core network functions, Ribbon’s comprehensive suite of virtual network functions (<span class="MsoHyperlink"><a href="https://ribboncommunications.com/products/service-provider-products/network-function-virtualization/virtual-network-functions">VNFs</a>), which include the SBC SWe, PSX, Element Management System (EMS) and Virtual Network Function Manager (<a href="https://ribboncommunications.com/products/service-provider-products/network-function-virtualization/vnf-manager">VNFM</a>), offer seamless integration via a single solution and a simple path to transition to a private cloud environment. The Ribbon VNFM, which has already been deployed by a tier-one operator, also delivers advanced lifecycle management via open APIs to ensure elastic scalability and the ability to dramatically reduce the cost of monitoring, scaling and upgrading VNFs.</span></p> <p>“Our customers are increasingly moving their network functions to the cloud, whether it is to gain efficiencies of scale, to be more agile in their ability to deliver services faster to their customers, or to improve their offerings,” said Kevin Riley, Chief Technology Officer for Ribbon Communications. “We understand that some customers want to leverage the public cloud, while others want to leverage the private cloud and some may want to deliver their services in a hybrid fashion. We have smartly designed our portfolio to support our customers, regardless of the path they choose, and we are firmly committed to continually investing in innovative, best-in-class software-based solutions that will help them deliver secure, real-time, on demand, next-generation communications services in any cloud environment.”</p> <p>Riley added, “We already have active customers leveraging our technology on AWS.”</p> <p>Ribbon’s SBC solution for <b>Public Cloud</b> support includes:</p> <ul> <li class="CxSpMiddle">SBC SWe on AWS to deliver deployment flexibility, high availability, redundancy and OPEX savings.</li> <li class="CxSpMiddle">SBC SWe using Amazon’s Graphical Processing Unit (GPU) instances for enhanced media processing performance.</li> <li class="CxSpMiddle">SBC SWe natively integrated with AWS’ CloudWatch service for enhanced public cloud monitoring and resource utilization.</li> <li class="CxSpMiddle">PSX on AWS to deliver comprehensive and intelligent session management.</li> <li class="CxSpMiddle">Advanced support for open source software toolkits such as Red Hat Ansible and Terraform to optimize provisioning, configuration management and application deployment.</li> </ul> <p>Ribbon’s SBC solution for <b>Private Cloud (Network Functions Virtualization or NFV) </b>support includes:</p> <ul> <li class="CxSpMiddle">Distributed SBC SWe, PSX and EMS support for OpenStack and non-OpenStack-based software environments such as VMWare and KVM.</li> <li class="CxSpMiddle">Distributed and advanced media processing with NVidia GPU technology.</li> <li class="CxSpMiddle">Ribbon VNF Manager offering dramatically reduced monitoring, scaling and VNF upgrade costs.</li> <li class="CxSpLast">Key membership in the Linux Foundation and participation in various open source projects including <u><a href="https://wiki.opnfv.org/" target="_blank">OPNFV</a></u>, <u><a href="https://wiki.onap.org/" target="_blank">ONAP</a></u> and <u><a href="https://wiki.opendaylight.org/view/Main_Page" target="_blank">OpenDaylight</a></u><u><span lang="EN-GB">.</span></u>&nbsp;</li> <li>Multiple VNF solutions including the SBC, PSX, Element Management System (EMS) and VNF Manager, which have been certified on Red Hat’s OpenStack Platform 13.</li> <li class="CxSpFirst">Proven integration with third party orchestrators to facilitate VNF lifecycle automation on a large scale.</li> <li class="CxSpMiddle">Ribbon Protect, the fully virtualized analytics platform, which utilizes a Kubernetes and container based micro-services architecture.</li> </ul> <p><b><span lang="EN-GB"></span></b></p> <p><b><span lang="EN-GB">Key Takeaways</span></b><b>:</b></p> <ul> <li class="CxSpMiddle">Ribbon has enhanced its cloud native session border controller solution portfolio to deliver advanced support for both public and private cloud environments.</li> <li class="CxSpMiddle">Ribbon’s market-leading Session Border Controller Software Edition (SBC SWe) now delivers increased agility and lower operational costs on Amazon Web Services (AWS).</li> <li class="CxSpMiddle">Ribbon currently has customers in production leveraging its technology on AWS.</li> <li class="CxSpMiddle">Ribbon’s public cloud portfolio includes advanced support for leading open source software toolkits such as Red Hat Ansible and Terraform.</li> <li class="CxSpMiddle">The Ribbon VNF Manager, which has already been deployed by a tier-one operator, offers an integrated solution for advanced lifecycle management of Ribbon’s SBC, PSX, and EMS VNFs.</li> </ul> <h2>About Ribbon Communications</h2> <p>Ribbon Communications is a company with two decades of leadership in real-time communications. Built on world-class technology and intellectual property, the company delivers intelligent, secure, embedded real-time communications for today’s world.&nbsp; The company transforms fixed, mobile and enterprise networks from legacy environments to secure IP and cloud-based architectures, enabling highly productive communications for consumers and businesses.&nbsp; With a global footprint, Ribbon’s innovative, market-leading portfolio empowers service providers and enterprises with rapid service creation in a fully virtualized environment.&nbsp; The company’s Kandy real-time communications software platform delivers a comprehensive set of advanced embedded and unified (CPaaS and UCaaS) communications capabilities that enables this transformation. To learn more, visit <u><a href="http://www.ribboncommunications.com/">ribboncommunications.com</a></u>.</p> <h2>Important Information Regarding Forward-Looking Statements</h2> <p><span lang="EN">The information in this release contains forward-looking statements regarding future events that involve risks and uncertainties, including statements regarding delivering value to customers. All statements other than statements of historical facts contained in this release are forward-looking statements. Our actual results may differ materially from those contemplated by the forward-looking statements. For further information regarding risks and uncertainties associated with Ribbon Communications' business, please refer to the "Risk Factors" section of Ribbon Communications' most recent annual or quarterly report filed with the SEC. Any forward-looking statements represent Ribbon Communications' views only as of the date on which such statement is made and should not be relied upon as representing Ribbon Communications' views as of any subsequent date. While Ribbon Communications may elect to update forward-looking statements at some point, Ribbon Communications specifically disclaims any obligation to do so.</span></p> </div> </div> <div data-block-plugin-id="entity_field:node:field_contacts_pr"> <div class="field field--name-field-contacts-pr field--type-entity-reference field--label-hidden field--items"> <div class="field--item"> <div class="field field--name-field-position field--type-string field--label-hidden field--item">International Press</div> <div class="field field--name-field-title field--type-string field--label-hidden field--item">Catherine Berthier</div> <div class="field field--name-field-tn field--type-string field--label-hidden field--item">+1 (646) 741-1974</div> <div class="field field--name-field-email field--type-email field--label-hidden field--item"><a href="mailto:cberthier@rbbn.com">cberthier@rbbn.com</a></div> </div> <div class="field--item"> <div class="field field--name-field-position field--type-string field--label-hidden field--item">Dennis Watson</div> <div class="field field--name-field-title field--type-string field--label-hidden field--item">US Press</div> <div class="field field--name-field-tn field--type-string field--label-hidden field--item">+1 (214) 695 2224</div> <div class="field field--name-field-email field--type-email field--label-hidden field--item"><a href="mailto:dwatson@rbbn.com">dwatson@rbbn.com</a></div> </div> <div class="field--item"> <div class="field field--name-field-position field--type-string field--label-hidden field--item">Analyst Relations</div> <div class="field field--name-field-title field--type-string field--label-hidden field--item">Michael Cooper</div> <div class="field field--name-field-tn field--type-string field--label-hidden field--item">+1 (708) 383-3387</div> <div class="field field--name-field-email field--type-email field--label-hidden field--item"><a href="mailto:mcooper@rbbn.com">mcooper@rbbn.com</a></div> </div> <div class="field--item"> <div class="field field--name-field-position field--type-string field--label-hidden field--item">Investor Relations</div> <div class="field field--name-field-title field--type-string field--label-hidden field--item">Monica Gould</div> <div class="field field--name-field-tn field--type-string field--label-hidden field--item">+1 (212) 871-3927</div> <div class="field field--name-field-email field--type-email field--label-hidden field--item"><a href="mailto:IR@rbbn.com">IR@rbbn.com</a></div> </div> </div> </div> </div> </div> <div class="region region-post-content"> <div class="block-region-post"><div data-block-plugin-id="block_content:6f8a3dde-bb84-4e12-ad2a-69765b6b89ad" class="block--cta_feature_simple"> <div class="container-fluid"> <div class="row wrapper-row" style="background-image: url('/sites/default/files/girlphone.jpg')"> <div class="container"> <div class="hidden-xs col-sm-6 bg-wrapper"></div> <div class="col-xs-12 col-sm-6"> <div class="text-wrapper cta-large"> <h2 class="block-title lighter">Ask Us Anything!</h2> <p>Ribbon's team of professionals are ready to answer your questions,&nbsp;guide you to the right solution or help you with your network design.&nbsp;</p> <div class="cta-link" data-aos="fade" data-aos-duration="600" data-aos-easing="ease-in-sine"> <a href="https://go.pardot.com/l/27332/2018-01-08/841223i" target="_blank" class="mfp-iframe pardot-popup btn btn-primary">Let's Chat!</a> </div> </div> </div> </div> </div> </div> </div> </div> </div> </div> Tue, 11 Dec 2018 22:17:06 +0000 javaughn 20322 at https://ribboncommunications.com Empire Access Expands Unified Communications Portfolio with Ribbon’s Kandy Business Solutions https://ribboncommunications.com/company/media-center/press-releases/empire-access-expands-unified-communications-portfolio-ribbons-kandy-business-solutions <div class="ribbon-two-column"> <div class="region region-pre-content"> </div> <div class="region region-main-content container"> <div class="block-region-main"><div data-block-plugin-id="sharethis_block"> <div class="sharethis-wrapper"><span st_url="https://ribboncommunications.com/rss/press-releases" st_title="MC: Press Releases" class="st_facebook_hcount" displayText="facebook"></span> <span st_url="https://ribboncommunications.com/rss/press-releases" st_title="MC: Press Releases" class="st_twitter_hcount" st_via="ribboncomm" st_username="" displayText="twitter"></span> <span st_url="https://ribboncommunications.com/rss/press-releases" st_title="MC: Press Releases" class="st_linkedin_hcount" displayText="linkedin"></span> <span st_url="https://ribboncommunications.com/rss/press-releases" st_title="MC: Press Releases" class="st_googleplus_hcount" displayText="googleplus"></span> <span st_url="https://ribboncommunications.com/rss/press-releases" st_title="MC: Press Releases" class="st_email_hcount" displayText="email"></span> </div> </div> <div data-block-plugin-id="entity_field:node:title"> <h1 class="page-header">Empire Access Expands Unified Communications Portfolio with Ribbon’s Kandy Business Solutions</h1> </div> <div data-block-plugin-id="entity_field:node:field_title"> <div class="field field--name-field-title field--type-string field--label-hidden field--item">Smart Office UC services, delivered from the Kandy cloud, enables Empire Access to provide its customers the latest in mobility, collaboration and video conferencing</div> </div> <div data-block-plugin-id="entity_field:node:field_date_release"> <div class="field field--name-field-date-release field--type-datetime field--label-hidden field--item">December 10, 2018</div> </div> <div data-block-plugin-id="entity_field:node:body"> <div class="field field--name-body field--type-text-with-summary field--label-hidden field--item"><article class="embedded-entity align-right"><img src="/sites/default/files/EmpireAccessLogo.png" alt="empire" title="empire" typeof="foaf:Image" class="img-responsive" /></article><p><b>WESTFORD, Mass.</b> – <b><u><a href="http://www.ribboncomm.com/">Ribbon Communications Inc.</a></u></b> (Nasdaq: RBBN), a global leader in secure and intelligent cloud communications, today announced that <span class="MsoHyperlink"><a href="https://www.empireaccess.com/">Empire Access</a>, a leading regional telecommunications service provider in the northeastern United States, has deployed Ribbon’s <span class="MsoHyperlink"><a href="https://ribboncommunications.com/solutions/service-provider-solutions/cpaas-ucaas/ucaas-kandy-business-solutions">Kandy Business Solutions</a> including its <span class="MsoHyperlink"><a href="https://ribboncommunications.com/products/service-provider-products/application-platforms-clients/smart-office-clients">Smart Office Unified Communications</a> (UC) clients to enhance its mobility and collaboration offerings. Smart Office clients enable Empire Access to deliver its business customers voice, video, IM, presence and collaboration capabilities on both desktop and mobile devices.</span></span></span></p> <p>“Kandy’s Unified Communications solution is a great addition to our portfolio, providing us with a proven hosted product that immediately expands our business services offerings,” said Bob VanDelinder, Director of Marketing for Empire Access. “Smart Office’s premium end-user video conferencing, collaboration and mobility experiences allows us to be a “one-stop shop” that can meet all of our customers’ communications needs, regardless of whether they seek fixed, mobile or both.”</p> <p>VanDelinder added, “With our ability to now offer HD videoconferencing and screen sharing as part of our new UC suite, we are already working with an international customer interested in leveraging these capabilities.”</p> <p>“We have a very strong, longstanding partnership with Empire Access and are pleased that we continue to build on this important relationship with their deployment of our Kandy Unified Communications services,” said Elizabeth Page, Director of Independent Operating Companies for Ribbon. “In today’s mobile first world, businesses and consumers want the same communications capabilities whether they are at home or on the go. Our Smart Office clients provide the same rich collaboration and communications experience whether you are in the office or on the road.”</p> <p>Ribbon’s Smart Office platform is available to both service providers and enterprises or as a Service (aaS) within Ribbon’s Kandy Business Solutions and can be easily branded and resold in a multi-tiered model. Smart Office delivers mobile workers an improved user experience and offers enhanced support for native iOS and Android notification and calling services. With Smart Office, service providers and enterprises can easily and instantly add new functionalities and applications across all mobile and desktop soft clients.</p> <p><b><span lang="EN-GB" xml:lang="EN-GB" xml:lang="EN-GB">Key Takeaways</span></b><b>:</b></p> <ul><li>Leading regional telecommunications provider Empire Access has deployed Ribbon’s Kandy Business Solutions Smart Office application to enhance its mobility offerings to its business customers.</li> <li>Smart Office is Kandy’s Unified Communication clients that allows service providers and enterprises to deliver advanced voice, videoconferencing, IM, presence and collaboration capabilities on both desktop and mobile devices, while also delivering a common experience across PC, Mac, iOS and Android or a web browser</li> <li>Empire Access selected Kandy because of its proven carrier-grade capabilities and Empire Access’ longstanding relationship with Ribbon.</li> <li>Empire Access is also leveraging Ribbon’s professional services and support team for the new deployment. </li> </ul><h2>Empire Access</h2> <p>Empire Access provides Fiber Optic based telecommunication services to residential and business customers in New York and Pennsylvania. Empire has delivered communication services for over 100 years, as a family owned company now thriving under the third generation.  Empire offers a wide range of products and services from basic phone service to customized phone systems, scalable high-speed Internet with speeds up to 1 Gbps, digital TV service, and security system solutions to meet varied customer needs.  Today, Empire supplies communication services and solutions to a variety of customers ranging from residential, retail, manufacturing, wineries, banks, and schools to law enforcement. As they continue to grow and evolve, their focus remains on exceeding customers’ expectations with high quality service. Empire Access is continually expanding their Fiber Optic network to provide service to new areas. For more information on Empire Access, visit <span class="MsoHyperlink"><a href="http://www.empireaccess.com/">empireaccess.com</a>.</span></p> <h2>About Ribbon Communications</h2> <p>Ribbon Communications is a company with two decades of leadership in real-time communications. Built on world-class technology and intellectual property, the company delivers intelligent, secure, embedded real-time communications for today’s world.  The company transforms fixed, mobile and enterprise networks from legacy environments to secure IP and cloud-based architectures, enabling highly productive communications for consumers and businesses.  With a global footprint, Ribbon’s innovative, market-leading portfolio empowers service providers and enterprises with rapid service creation in a fully virtualized environment.  The company’s Kandy real-time communications software platform delivers a comprehensive set of advanced embedded and unified (CPaaS and UCaaS) communications capabilities that enables this transformation. To learn more, visit <span class="MsoHyperlink"><a href="http://www.ribboncommunications.com">ribboncommunications.com</a>.</span></p> <h2>Important Information Regarding Forward-Looking Statements  </h2> <p>The information in this release contains forward-looking statements regarding future events that involve risks and uncertainties. All statements other than statements of historical facts contained in this release are forward-looking statements. Our actual results may differ materially from those contemplated by the forward-looking statements. For further information regarding risks and uncertainties associated with Ribbon Communications' business, please refer to the "Risk Factors" section of Ribbon Communications' most recent annual or quarterly report filed with the SEC. Any forward-looking statements represent Ribbon Communications' views only as of the date on which such statement is made and should not be relied upon as representing Ribbon Communications' views as of any subsequent date. While Ribbon Communications may elect to update forward-looking statements at some point, Ribbon Communications specifically disclaims any obligation to do so.</p> </div> </div> <div data-block-plugin-id="entity_field:node:field_contacts_pr"> <div class="field field--name-field-contacts-pr field--type-entity-reference field--label-hidden field--items"> <div class="field--item"> <div class="field field--name-field-position field--type-string field--label-hidden field--item">International Press</div> <div class="field field--name-field-title field--type-string field--label-hidden field--item">Catherine Berthier</div> <div class="field field--name-field-tn field--type-string field--label-hidden field--item">+1 (646) 741-1974</div> <div class="field field--name-field-email field--type-email field--label-hidden field--item"><a href="mailto:cberthier@rbbn.com">cberthier@rbbn.com</a></div> </div> <div class="field--item"> <div class="field field--name-field-position field--type-string field--label-hidden field--item">Dennis Watson</div> <div class="field field--name-field-title field--type-string field--label-hidden field--item">US Press</div> <div class="field field--name-field-tn field--type-string field--label-hidden field--item">+1 (214) 695 2224</div> <div class="field field--name-field-email field--type-email field--label-hidden field--item"><a href="mailto:dwatson@rbbn.com">dwatson@rbbn.com</a></div> </div> <div class="field--item"> <div class="field field--name-field-position field--type-string field--label-hidden field--item">Analyst Relations</div> <div class="field field--name-field-title field--type-string field--label-hidden field--item">Michael Cooper</div> <div class="field field--name-field-tn field--type-string field--label-hidden field--item">+1 (708) 383-3387</div> <div class="field field--name-field-email field--type-email field--label-hidden field--item"><a href="mailto:mcooper@rbbn.com">mcooper@rbbn.com</a></div> </div> <div class="field--item"> <div class="field field--name-field-position field--type-string field--label-hidden field--item">Investor Relations</div> <div class="field field--name-field-title field--type-string field--label-hidden field--item">Monica Gould</div> <div class="field field--name-field-tn field--type-string field--label-hidden field--item">+1 (212) 871-3927</div> <div class="field field--name-field-email field--type-email field--label-hidden field--item"><a href="mailto:IR@rbbn.com">IR@rbbn.com</a></div> </div> </div> </div> </div> </div> <div class="region region-post-content"> <div class="block-region-post"><div data-block-plugin-id="block_content:6f8a3dde-bb84-4e12-ad2a-69765b6b89ad" class="block--cta_feature_simple"> <div class="container-fluid"> <div class="row wrapper-row" style="background-image: url('/sites/default/files/girlphone.jpg')"> <div class="container"> <div class="hidden-xs col-sm-6 bg-wrapper"></div> <div class="col-xs-12 col-sm-6"> <div class="text-wrapper cta-large"> <h2 class="block-title lighter">Ask Us Anything!</h2> <p>Ribbon's team of professionals are ready to answer your questions,&nbsp;guide you to the right solution or help you with your network design.&nbsp;</p> <div class="cta-link" data-aos="fade" data-aos-duration="600" data-aos-easing="ease-in-sine"> <a href="https://go.pardot.com/l/27332/2018-01-08/841223i" target="_blank" class="mfp-iframe pardot-popup btn btn-primary">Let's Chat!</a> </div> </div> </div> </div> </div> </div> </div> </div> </div> </div> Fri, 07 Dec 2018 21:47:13 +0000 javaughn 20319 at https://ribboncommunications.com Ribbon and Sumitomo Shoji Machinex Deploy Microsoft Teams Direct Routing for Pivot https://ribboncommunications.com/company/media-center/press-releases/ribbon-and-sumitomo-shoji-machinex-deploy-microsoft-teams-direct-routing-pivot <div class="ribbon-two-column"> <div class="region region-pre-content"> </div> <div class="region region-main-content container"> <div class="block-region-main"><div data-block-plugin-id="sharethis_block"> <div class="sharethis-wrapper"><span st_url="https://ribboncommunications.com/rss/press-releases" st_title="MC: Press Releases" class="st_facebook_hcount" displayText="facebook"></span> <span st_url="https://ribboncommunications.com/rss/press-releases" st_title="MC: Press Releases" class="st_twitter_hcount" st_via="ribboncomm" st_username="" displayText="twitter"></span> <span st_url="https://ribboncommunications.com/rss/press-releases" st_title="MC: Press Releases" class="st_linkedin_hcount" displayText="linkedin"></span> <span st_url="https://ribboncommunications.com/rss/press-releases" st_title="MC: Press Releases" class="st_googleplus_hcount" displayText="googleplus"></span> <span st_url="https://ribboncommunications.com/rss/press-releases" st_title="MC: Press Releases" class="st_email_hcount" displayText="email"></span> </div> </div> <div data-block-plugin-id="entity_field:node:title"> <h1 class="page-header">Ribbon and Sumitomo Shoji Machinex Deploy Microsoft Teams Direct Routing for Pivot</h1> </div> <div data-block-plugin-id="entity_field:node:field_title"> <div class="field field--name-field-title field--type-string field--label-hidden field--item">First deployment in Japan highlights Ribbon’s ability to support businesses around the globe as they move to Teams</div> </div> <div data-block-plugin-id="entity_field:node:field_date_release"> <div class="field field--name-field-date-release field--type-datetime field--label-hidden field--item">November 29, 2018</div> </div> <div data-block-plugin-id="entity_field:node:body"> <div class="field field--name-body field--type-text-with-summary field--label-hidden field--item"><p><b>WESTFORD, Mass</b>. – <a href="http://www.ribboncomm.com/"><b>Ribbon Communications Inc.</b></a> (Nasdaq: RBBN), a global leader in secure and intelligent cloud communications, today announced that, in conjunction with its partner <a href="http://www.smx.co.jp/index_e.php" target="_blank">Sumitomo Shoji Machinex</a> (<a href="http://www.smx.co.jp/index_e.php">SMX</a>), it has finalized its first MSFT Teams <a href="https://ribboncommunications.com/solutions/enterprise-solutions/microsoft-solutions/direct-routing-enterprises">Direct Routing</a> deployment, delivering voice integration in Teams to IT consulting firm <a href="https://pivot.jp" target="_blank">Pivot</a> .</p> <p>“Direct Routing for Teams delivers an important new set of capabilities to the market and we were honored to be selected for this deployment,” said Ryoji Yoshida, Manager, UC Solution team for SMX. “Of course, selecting the right solution to implement was key and we knew that Ribbon’s SBC 1000 would provide the cost-effective, flexible and future-proof capabilities that best fit Pivot’s needs. Additionally, our longstanding relationship with Ribbon confirmed that they would be an excellent partner in this process.”</p> <p>“Our goal with this mission-critical implementation was to gain the benefit of Direct Routing quickly and effectively,” said Taisei Miyazaki, President, Pivot. “The results are up to our expectations – our teams are now able to connect and collaborate more easily, enabling us to gain efficiencies and focus on our core business.”</p> <p>Today’s businesses require innovative solutions that enhance collaboration, facilitate workflows and deliver seamless integration. Introduced in June 2018, Direct Routing for Microsoft Teams leverages SBCs to connect legacy systems and endpoints to calling in Teams. Ribbon was one of the first SBC vendors officially certified by Microsoft to provide this functionality.</p> <p>“The Japanese market is highly innovative and very important to us,” added Mike Swade, Ribbon’s EVP of Global Sales. “We were proud to gain the confidence of both SMX and Pivot for this early adopter deployment and look forward to continuing to develop and deliver advanced capabilities to customers around the world.”</p> <p>Pivot leverages Ribbon’s <a href="https://ribboncommunications.com/products/enterprise-products/session-border-controllers/sbc-1000-session-border-controller">SBC 1000</a>, part of the company’s next-generation <span class="MsoHyperlink">enterprise and edge SBC portfolio, which provide robust security, simplified interoperability, advanced session management and carrier-grade reliability for enterprises of all types and sizes. &nbsp;</span></p> <h2>About PIVOT Inc.</h2> <p>Pivot corporation is a design agency headquartered in Tokyo. It has its core competence in creating concepts, building websites, applications and providing system development. Pivot’s design is based on good user interface, with the goal to create the best user experience. To learn more, visit <a href="https://protect-us.mimecast.com/s/Lr4YC9r2KrHk2QMnSEgfSW?domain=pivot.jp" target="_blank">https://pivot.jp/</a></p> <h2>About Ribbon Communications</h2> <p>Ribbon Communications is a company with two decades of leadership in real-time communications. Built on world-class technology and intellectual property, the company delivers intelligent, secure, embedded real-time communications for today’s world.&nbsp; The company transforms fixed, mobile and enterprise networks from legacy environments to secure IP and cloud-based architectures, enabling highly productive communications for consumers and businesses.&nbsp; With a global footprint, Ribbon’s innovative, market-leading portfolio empowers service providers and enterprises with rapid service creation in a fully virtualized environment.&nbsp; The company's Kandy real-time communications software platform delivers a comprehensive set of advanced embedded and unified (CPaaS and UCaaS) communications capabilities that enables this transformation.&nbsp;To learn more, visit <a href="http://www.ribboncommunications.com">ribboncommunications.com</a>.</p> <h2>Important Information Regarding Forward-Looking Statements&nbsp;&nbsp;</h2> <p>The information in this release contains forward-looking statements regarding future events that involve risks and uncertainties. All statements other than statements of historical facts contained in this release are forward-looking statements. Our actual results may differ materially from those contemplated by the forward-looking statements. For further information regarding risks and uncertainties associated with Ribbon Communications' business, please refer to the "Risk Factors" section of Ribbon Communications' most recent annual or quarterly report filed with the SEC. Any forward-looking statements represent Ribbon Communications' views only as of the date on which such statement is made and should not be relied upon as representing Ribbon Communications' views as of any subsequent date. While Ribbon Communications may elect to update forward-looking statements at some point, Ribbon Communications specifically disclaims any obligation to do so.</p> </div> </div> <div data-block-plugin-id="entity_field:node:field_contacts_pr"> <div class="field field--name-field-contacts-pr field--type-entity-reference field--label-hidden field--items"> <div class="field--item"> <div class="field field--name-field-position field--type-string field--label-hidden field--item">International Press</div> <div class="field field--name-field-title field--type-string field--label-hidden field--item">Catherine Berthier</div> <div class="field field--name-field-tn field--type-string field--label-hidden field--item">+1 (646) 741-1974</div> <div class="field field--name-field-email field--type-email field--label-hidden field--item"><a href="mailto:cberthier@rbbn.com">cberthier@rbbn.com</a></div> </div> <div class="field--item"> <div class="field field--name-field-position field--type-string field--label-hidden field--item">Dennis Watson</div> <div class="field field--name-field-title field--type-string field--label-hidden field--item">US Press</div> <div class="field field--name-field-tn field--type-string field--label-hidden field--item">+1 (214) 695 2224</div> <div class="field field--name-field-email field--type-email field--label-hidden field--item"><a href="mailto:dwatson@rbbn.com">dwatson@rbbn.com</a></div> </div> <div class="field--item"> <div class="field field--name-field-position field--type-string field--label-hidden field--item">Analyst Relations</div> <div class="field field--name-field-title field--type-string field--label-hidden field--item">Michael Cooper</div> <div class="field field--name-field-tn field--type-string field--label-hidden field--item">+1 (708) 383-3387</div> <div class="field field--name-field-email field--type-email field--label-hidden field--item"><a href="mailto:mcooper@rbbn.com">mcooper@rbbn.com</a></div> </div> <div class="field--item"> <div class="field field--name-field-position field--type-string field--label-hidden field--item">Investor Relations</div> <div class="field field--name-field-title field--type-string field--label-hidden field--item">Monica Gould</div> <div class="field field--name-field-tn field--type-string field--label-hidden field--item">+1 (212) 871-3927</div> <div class="field field--name-field-email field--type-email field--label-hidden field--item"><a href="mailto:IR@rbbn.com">IR@rbbn.com</a></div> </div> </div> </div> </div> </div> <div class="region region-post-content"> <div class="block-region-post"><div data-block-plugin-id="block_content:6f8a3dde-bb84-4e12-ad2a-69765b6b89ad" class="block--cta_feature_simple"> <div class="container-fluid"> <div class="row wrapper-row" style="background-image: url('/sites/default/files/girlphone.jpg')"> <div class="container"> <div class="hidden-xs col-sm-6 bg-wrapper"></div> <div class="col-xs-12 col-sm-6"> <div class="text-wrapper cta-large"> <h2 class="block-title lighter">Ask Us Anything!</h2> <p>Ribbon's team of professionals are ready to answer your questions,&nbsp;guide you to the right solution or help you with your network design.&nbsp;</p> <div class="cta-link" data-aos="fade" data-aos-duration="600" data-aos-easing="ease-in-sine"> <a href="https://go.pardot.com/l/27332/2018-01-08/841223i" target="_blank" class="mfp-iframe pardot-popup btn btn-primary">Let's Chat!</a> </div> </div> </div> </div> </div> </div> </div> </div> </div> </div> Thu, 29 Nov 2018 15:03:21 +0000 javaughn 20302 at https://ribboncommunications.com