MC: Press Releases https://ribboncommunications.com/rss/press-releases en Ribbon Employees Participate in Volunteer Activities in More than 15 Countries during “Ribbon Day” https://ribboncommunications.com/company/media-center/press-releases/ribbon-employees-participate-volunteer-activities-more-15-countries-during-ribbon-day <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 Employees Participate in Volunteer Activities in More than 15 Countries during “Ribbon Day” </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">Second Annual Ribbon Day Global Day of Service consists of Ribbon employees assisting and supporting community non-profits and charitable organizations in all regions </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">October 18, 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> – <a href="http://www.ribboncomm.com/?utm_source=rbbn&amp;utm_medium=website&amp;utm_campaign=PR"><b>Ribbon Communications Inc.</b></a> (Nasdaq: RBBN), a global software leader in secure and intelligent cloud communications solutions, today announced that its employees around the world will be participating in community volunteer activities as part of the company’s second annual Ribbon Day on Friday, October 25. Ribbon Day is a Global Day of Service during which Ribbon team members will spend time assisting and supporting non-profit agencies and organizations in more than15 countries.</p> <p>“Giving back to the communities in which we live and work is what Ribbon Day is all about and it is one of the many things that make up the unique and special culture of Ribbon,” said Petrena Ferguson, Senior Vice President of Human Resources for Ribbon. “The organizations that our team members choose to support have special meaning to them, and it is our opportunity to, in many cases, join forces with colleagues outside of our daily work routines to support great causes and organizations around the world. I could not be prouder to be part of such an awesome experience.”</p> <p>“Ribbon employees have been a partner with Ottawa Community Housing since 2011,” said Stéphane Giguère, Chief Executive Officer of Ottawa Community Housing.&nbsp; “We are fortunate to work with them as part of our Corporate Volunteer Program and we are especially honoured that they are working with us on this amazingly large-scale project at 415 MacLaren, where volunteers will help to beautify the building, engage with the community, and improve the lives of residents.”</p> <p>“Ribbon is a great corporation that recognizes the importance of giving back to the community,” said Mathieu Fleury, Rideau-Vanier, Councillor and Ottawa Community Housing Board Chair. “We are excited to welcome a group of 100 volunteers into the MacLaren community and hope to continue working with them in the future.”</p> <p>For updates on Ribbon Day activities please follow the <b>hashtag #rbbnday.</b></p> <p>In addition to numerous individual volunteer activities, following is a list of planned volunteer events in various global regions.</p> <p><b>US</b></p> <ul> <li><a href="https://achievementcenteroftexas.org" target="_blank">Achievement Center of Texas</a> (Garland, Texas)</li> <li class="CxSpMiddle"><a href="https://www.plano.gov/facilities/facility/details/Arbor-Hills-Nature-Preserve-20" target="_blank">Arbor Hills Nature Preserve</a> (Plano, Texas)</li> <li class="CxSpMiddle"><a href="https://www.genesisshelter.org/" target="_blank">Genesis Women’s Shelter</a> (Dallas, Texas)</li> <li class="CxSpMiddle"><a href="http://www.centralparknyc.org/" target="_blank">Central Park Conservancy</a><span class="MsoHyperlink"> (New York)</span></li> <li class="CxSpMiddle"><a href="https://www.cityofcarrollton.com/about-us" target="_blank">City of Carrollton Environmental Services</a> (Carrollton, Texas)</li> <li class="CxSpMiddle"><a href="https://www.caccollincounty.org/" target="_blank">Children’s Advocacy Center of Collin County</a> (Plano, Texas)</li> <li class="CxSpMiddle"><a href="https://www.lifeandscience.org/" target="_blank">Durham Life and Science Museum</a> <span class="MsoHyperlink">(Durham, North Carolina)</span></li> <li class="CxSpMiddle"><a href="https://www.fmsc.org/" target="_blank">Feed My Starving Children</a> (Richardson, Texas)</li> <li class="CxSpMiddle"><span class="MsoHyperlink"><a href="https://www.fmsc.org/" target="_blank">Feed My Starving Children</a> (Schaumburg, Illinois)<span class="MsoHyperlink"></span></span></li> <li class="CxSpMiddle"><span class="MsoHyperlink"><span class="MsoHyperlink"><a href="http://www.foodbankcenc.org/site/PageServer?pagename=FBCENCHome" target="_blank">Food Bank of Central and Eastern North Carolina (North Carolina)</a></span></span></li> <li class="CxSpMiddle"><span class="MsoHyperlink"><a href="https://healthtrust.org/" target="_blank">Health Trust</a> <span class="MsoHyperlink">(San Jose, California)<span class="MsoHyperlink"></span></span></span></li> <li class="CxSpMiddle"><span class="MsoHyperlink"><a href="http://www.hopereinsyouthranch.org/" target="_blank">Hope Reins</a> (North Carolina)<span class="MsoHyperlink"></span></span></li> <li class="CxSpLast"><a href="https://www.honorflightchicago.org/" target="_blank">Honor Flights Chicago</a> <span class="MsoHyperlink">(Chicago, Illinois)</span></li> <li><a href="http://houseofhopelowell.org/" target="_blank">House of Hope Ribbon Blanket Donation</a> (Lowell, Massachusetts)</li> <li class="CxSpFirst"><a href="https://www.foodshuttle.org/" target="_blank">Inter-Faith Food Shuttle</a> <span class="MsoHyperlink">(North Carolina)</span></li> <li class="CxSpMiddle"><a href="https://losangelesmission.org/" target="_blank">Los Angeles Mission</a> (Los Angeles, California)</li> <li class="CxSpMiddle"><a href="https://www.mckinneytexas.org/618/Community-Center" target="_blank">McKinney Community Center</a> (McKinney, Texas)</li> <li class="CxSpMiddle"><a href="https://www.minniesfoodpantry.org/volunteer-donate/volunteer/" target="_blank">Minnie’s Food Pantry</a> (Plano, Texas)</li> <li class="CxSpMiddle"><a href="http://mustangcreekestates.com/" target="_blank">Mustang Creek Estates Assisted Living and Memory Care</a> (Frisco, Texas)</li> <li class="CxSpMiddle"><a href="https://www.plano.gov/869/Volunteer-Opportunities" target="_blank">Plano Animal Shelter</a> (Plano, Texas)</li> <li class="CxSpMiddle"><a href="https://www.plano.gov/1704/Plano-Community-Garden" target="_blank">Plano Community Garden</a> (Plano, Texas)</li> <li class="CxSpMiddle"><span class="MsoHyperlink"><a href="https://rmhcnashville.com/" target="_blank">Ronald McDonald House</a> <span class="MsoHyperlink">(Nashville, Tennessee) <span class="MsoHyperlink"></span></span></span></li> <li class="CxSpMiddle"><a href="https://www.shfb.org/" target="_blank">Second Harvest Food Bank (</a><span class="MsoHyperlink">San Jose, California)</span></li> <li class="CxSpMiddle"><a href="https://www.monmouthcountyparks.com/page.aspx?ID=2535" target="_blank">Seven Presidents Beach Clean-up</a> <span class="MsoHyperlink">(Freehold, New Jersey)</span></li> <li class="CxSpMiddle"><a href="http://sonc.net/" target="_blank">Special Olympics</a><u> of North Carolina</u> (Morrisville, North Carolina)</li> <li class="CxSpMiddle"><a href="https://www.stlch.org/" target="_blank">St. Luke’s Community House</a> (Nashville, Tennessee)</li> <li class="CxSpMiddle"><a href="https://thewishproject.org/" target="_blank">The Wish Project</a> <span class="MsoHyperlink">(Lowell, Massachusetts) </span></li> <li class="CxSpMiddle"><a href="https://trustedworld.org/" target="_blank">Trusted World</a> – (Allen and Garland, Texas)</li> <li class="CxSpMiddle"><a href="http://www.unitedwaytriangle.org/t4t" target="_blank">United Way – Teaming for Technology</a> <span class="MsoHyperlink">(North Carolina)</span></li> <li class="CxSpMiddle"><a href="https://westfordconservationtrust.org/" target="_blank">Westford Conservation Trail Clean-up</a> (Westford, Massachusetts)</li> <li class="CxSpMiddle"><a href="https://seniorcenter.us/sc/cameron_senior_center_westford_ma" target="_blank">Westford Senior Center elderly yard clean-up</a> (Westford, Massachusetts)</li> </ul> <p class="CxSpMiddle"><b>Canada </b></p> <ul> <li class="CxSpMiddle"><a href="http://www.kanatafoodcupboard.ca/" target="_blank">Kanata Food Cupboard</a> (Ottawa)</li> <li class="CxSpMiddle"><a href="http://www.maisonnettedesparents.org/" target="_blank">Maisonette des Parents</a> (Montreal)</li> <li class="CxSpMiddle"><span class="MsoHyperlink"><u><a href="https://crystalbayse.ocdsb.ca/" target="_blank">Ottawa-Carleton District School Board – Crystal Bay School for Special Education (Ottawa)</a></u></span></li> <li class="CxSpMiddle"><a href="http://www.och-lco.ca/" target="_blank">Ottawa Community Housing</a><u> </u>(Ottawa)</li> <li class="CxSpMiddle"><a href="https://www.ocapdd.on.ca/" target="_blank">Silver Spring Farm</a><u> </u>(Ottawa) <u>&nbsp;</u></li> <li class="CxSpMiddle"><a href="http://debradynes.ncf.ca/" target="_blank">The Debra Dynes Family House</a><u> </u>(Ottawa)</li> <li class="CxSpMiddle"><a href="https://ottawamission.com/" target="_blank">The Ottawa Mission</a><u> </u>(Ottawa)</li> <li class="CxSpMiddle"><a href="http://shepherdsofgoodhope.com/" target="_blank">The Shepherds of Good Hope</a><u> </u>(Ottawa)</li> <li class="CxSpMiddle"><a href="https://www.facebook.com/pages/Peace-Ranch/1684946211763245" target="_blank">The Peace Ranch</a><u> </u>(Toronto)</li> </ul> <p class="CxSpMiddle"><b>Europe, Middle East and Africa (EMEA)</b></p> <ul> <li class="CxSpMiddle"><a href="http://businessrun.cz/" target="_blank">Business Run Charity – Relay for Cancer Research</a> (Prague, Czech Republic)</li> <li class="CxSpMiddle"><span class="MsoHyperlink"><a href="https://www.gilgayarre.org/">Fundaciȯn Gil Gayarre</a> <span class="MsoHyperlink">(Madrid, Spain)<span class="MsoHyperlink"></span></span></span></li> <li class="CxSpMiddle"><span class="MsoHyperlink"><span class="MsoHyperlink">Galway Hospice (Galway, Ireland)&nbsp; </span></span></li> <li class="CxSpMiddle"><span class="MsoHyperlink"><a href="https://www.facebook.com/Internationales-Kinderhaus-1423630744516581/">Internationales Kinderhaus</a> (Frankfurt, Germany)<span class="MsoHyperlink"></span></span></li> <li class="CxSpMiddle"><span class="MsoHyperlink"><span class="MsoHyperlink">Local Park Clean-up <span class="MsoHyperlink">(Maidenhead, England)<span class="MsoHyperlink"></span></span></span></span></li> <li class="CxSpMiddle"><span class="MsoHyperlink">Municipal Area Clean-up (Moscow, Russia)<span class="MsoHyperlink"></span></span></li> <li class="CxSpMiddle"><span class="MsoHyperlink"><span class="MsoHyperlink">Team Volunteer Event <span class="MsoHyperlink">(Swindon, England)<span class="MsoHyperlink"></span></span></span></span></li> </ul> <p class="CxSpMiddle"><b>Asia Pacific</b></p> <ul> <li class="CxSpMiddle"><span class="MsoHyperlink"><a href="https://www.chaca.org.tw/">Andrew Charity Association Food Bank </a><span class="MsoHyperlink">(Taipei)<span class="MsoHyperlink"></span></span></span></li> <li class="CxSpMiddle"><span class="MsoHyperlink"><a href="https://www.crossroads.org.hk/" target="_blank">Cross Roads Foundation</a> <span class="MsoHyperlink">(Hong Kong)<span class="MsoHyperlink"></span></span></span></li> <li class="CxSpMiddle"><span class="MsoHyperlink">Food Bank <span class="MsoHyperlink">(Tokyo, Japan)</span></span></li> <li class="CxSpMiddle"><a href="http://www.makeawishindia.org/" target="_blank">Make a Wish Foundation India</a> (Mumbai, India)</li> <li class="CxSpMiddle"><a href="https://www.mndnsw.asn.au/" target="_blank">New South Wales Motor Neuron Disease (MND) Society</a> (Sydney, Australia)</li> <li class="CxSpMiddle"><a href="http://srmab.org.in/" target="_blank">Shree Ramana Maharishi Academy for the Blind</a> (Taking place November 7<sup>th</sup>) (Bangalore, India)</li> <li class="CxSpMiddle"><span class="MsoHyperlink"><a href="https://www.facebook.com/urbanrrecycle/" target="_blank">UrbanR Recycle</a> (Kuala Lumpur) <span class="MsoHyperlink"></span></span></li> <li class="CxSpMiddle"><span class="MsoHyperlink"><a href="http://www.willinghearts.org.sg/" target="_blank">Willing Hearts Food Bank</a> <span class="MsoHyperlink">(Singapore)<span class="MsoHyperlink"></span></span></span></li> </ul> <p class="CxSpMiddle"><b>Caribbean and Latin America </b></p> <ul> <li class="CxSpMiddle"><a href="https://www.facebook.com/somosblooders" target="_blank">Blooders ONG</a> (Mexico City, Mexico)</li> <li class="CxSpMiddle"><span lang="FR"><a href="http://www.centroceu.com.br/?fbclid=IwAR39xdgT7r89UqipMMfyjpG22BzUgGNdLtwUBOFkRgmCVTLHg1B4FVnorj8" target="_blank"><span lang="FR">C.E.U. - Companheiros Espíritas Unidos</span></a> <span lang="FR">(São Paulo, Brazil)<span lang="FR"></span></span></span></li> <li class="CxSpMiddle"><span lang="FR"><a href="http://www.lbe.org.br/" target="_blank">Lar Batista Esperança </a><span lang="FR">(São Paulo, Brazil)<span lang="FR"></span></span></span></li> </ul> <h2>About Ribbon Communications</h2> <p>Ribbon Communications Inc. (Nasdaq: RBBN) delivers market-leading software solutions that secure and power many of the world’s leading service provider and enterprise communications environments. Built on world-class technology and intellectual property, the company’s cloud-native solutions deliver intelligent and secure real-time communications solutions for the cloud, network and enterprise edge. Ribbon’s Kandy Cloud real-time communications software platform delivers advanced and embedded CPaaS and UCaaS capabilities enabling service providers&nbsp;to rapidly create and deploy high-value communications services. To learn more, visit <a href="http://www.ribboncomm.com/?utm_source=rbbn&amp;utm_medium=website&amp;utm_campaign=PR">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, including statement regarding delivering value to customers. All statements other than statements of historical facts contained in this release are forward-looking statements. The actual results of Ribbon Communications 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> <p><b>Ottawa Community Housing Press Contact</b><br /> Jennifer McIntosh<span lang="FR-CA"><br /> +1 (613) 914-9953</span><br /> <a href="mailto:Jennifer_McIntosh@och.ca">Jennifer_McIntosh@och.ca</a></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" title="Let&#039;s Chat!">Let's Chat!</a> </div> </div> </div> </div> </div> </div> </div> </div> </div> </div> Fri, 18 Oct 2019 19:16:42 +0000 javaughn 21084 at https://ribboncommunications.com Ribbon Showcases Powerful Cloud, Core, Edge, Security and Analytics Software Solutions at Mobile World Congress Los Angeles https://ribboncommunications.com/company/media-center/press-releases/ribbon-showcases-powerful-cloud-core-edge-security-and-analytics-software-solutions-mobile-world <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 Software Solutions at Mobile World Congress Los Angeles</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">Market-leading solutions power some of the world’s largest mobile communications service provider networks </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">October 16, 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"><article class="embedded-entity align-right"><img src="/sites/default/files/MWC%20LA%202019%20Logo.png" alt="MWC19 LA white" title="MWC19 LA white" typeof="foaf:Image" class="img-responsive" /></article><p>WESTFORD, Mass. – <a href="http://www.ribboncomm.com/?utm_source=rbbn&amp;utm_medium=website&amp;utm_campaign=PR"><b>Ribbon Communications Inc.</b></a> (Nasdaq: RBBN), a global software leader in secure and intelligent cloud communications solutions, today announced that its advanced mobility solutions suite will be on display at <a href="https://www.mwclosangeles.com/" target="_blank"><b>Mobile World Congress Los Angeles</b></a> <span class="MsoHyperlink">(MWC Los Angeles), which is taking place October 22 – 24, 2019 at the Los Angeles Convention Center. </span></p> <p>Ribbon will be showcasing its market-leading <a href="https://ribboncommunications.com/solutions/service-provider-solutions/analytics-and-insights"><b>Analytics &amp; Security</b></a><b><u>,</u></b> <a href="https://ribboncommunications.com/solutions/service-provider-solutions/securing-real-time-communications"><b>Cloud Session Border Controllers (SBCs)</b></a><b><u>,</u></b> <a href="https://ribboncommunications.com/products/service-provider-products/network-functions-virtualization"><b>Core Virtual Network Functions</b></a>, <a href="https://ribboncommunications.com/solutions/service-provider-solutions/edge-services"><b>Edge Solutions</b></a>, and <a href="https://ribboncommunications.com/solutions/service-provider-solutions/cpaas-ucaas-solutions"><b>Cloud Communications</b></a> solutions.</p> <p>“As the industry’s premier mobile event in North America, MWC Los Angeles is a great venue to demonstrate our latest cloud, edge security and analytics software innovations,” said Patrick Joggerst, Chief Marketing Officer and Executive Vice President of Business Development for Ribbon. “Our software solutions support a number of opportunistic areas for mobile communications service providers (CSPs), including leveraging advanced analytics to improve and gain valuable operational insights for LTE and 5G deployments; helping to evolve networks with cloud-native and virtualized solutions; mitigating robocalls; and enhancing the communications experience with embedded digital services.”</p> <p>Featured demonstrations will include:</p> <ul><li class="CxSpMiddle"><b>Analytics </b>–<b> </b>enables CSPs to monetize, secure network operations and gain valuable insight from 4G/5G deployments.</li> <li class="CxSpMiddle"><b>Cloud SBC &amp; Core – </b>cloud-native solutions are ideal for network functions virtualization (NFV)-based or public cloud deployments to enhance security, mitigate nuisance robocalls and evolve the core.  </li> <li class="CxSpMiddle"><b>Edge Services – </b>provides enhanced Quality of Service (QoS) by allowing CSPs to optimize and better secure their networks.</li> <li class="CxSpMiddle"><b>Cloud Communications Services </b>– Ribbon’s Kandy Communications Platform as a Service (CPaaS) enables CSPs to capitalize on embedded digital services and enhance the customer communications experience.<b> </b></li> </ul><p>Ribbon’s featured speaker at MWC Los Angeles is <b>Sanjay Bhatia</b>, Vice President of Strategy &amp; Solutions Marketing. He will be discussing <a href="https://www.mwclosangeles.com/session/5g-use-cases-and-new-security-needs/" target="_blank"><b><i>5G Use Cases and New Security Needs</i></b></a> on October 23, 2019 at 11:30 am - 12:30 pm Pacific. </p> <p>Visit Ribbon in the <b>South Hall, Stand 2446 </b>on October 22 – 24, 2019 at MWC Los Angeles. </p> <h2>About Ribbon Communications</h2> <p>Ribbon Communications delivers market-leading software solutions that secure and power many of the world’s leading service provider and enterprise communications environments. Built on world-class technology and intellectual property, the company’s cloud-native solutions deliver intelligent and secure real-time communications solutions for the cloud, network and enterprise edge. Ribbon’s <a href="https://www.kandy.io">Kandy</a> Cloud real-time communications software platform delivers advanced and embedded CPaaS and UCaaS capabilities enabling service providers to rapidly create and deploy high-value communications services. To learn more, visit <a href="http://www.ribboncomm.com/?utm_source=rbbn&amp;utm_medium=website&amp;utm_campaign=PR">ribboncommunications.com</a>.</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 statement regarding Ribbon’s participation at MWC Los Angeles and delivering value to customers. All statements other than statements of historical facts contained in this release are forward-looking statements. The actual results of Ribbon Communications 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" title="Let&#039;s Chat!">Let's Chat!</a> </div> </div> </div> </div> </div> </div> </div> </div> </div> </div> Wed, 16 Oct 2019 14:08:53 +0000 javaughn 21080 at https://ribboncommunications.com Ribbon Communications to Report Third Quarter 2019 Financial Results on October 30, 2019 https://ribboncommunications.com/company/media-center/press-releases/ribbon-communications-report-third-quarter-2019-financial-results-october-30-2019 <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 to Report Third Quarter 2019 Financial Results on October 30, 2019</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">October 16, 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>. - <a href="http://www.ribboncomm.com/"><b>Ribbon Communications Inc.</b></a> (Nasdaq: RBBN), a global software leader in secure and intelligent cloud communications, today announced that it will report financial results for the third quarter of 2019 after the close of the market on Wednesday, October 30, 2019. Following the release, Ribbon Communications will host a conference call with the financial community at 4:30 p.m. ET to discuss the results.</p> <p>The company will offer a live, listen-only webcast of the conference call via the investor section of its website at <a href="https://investors.ribboncommunications.com/press-and-events/events-and-presentations" target="_blank">https://investors.ribboncommunications.com/press-and-events/events-and-presentations</a><u>,</u> where a replay will also be available shortly following the conference call.</p> <p><b>Conference call details:</b></p> <p>Date: Wednesday, October 30, 2019</p> <p>Time: 4:30 p.m. ET</p> <p>Dial-in number (Domestic): 877-407-2991</p> <p>Dial-in number (International): 201-389-0925</p> <p class="MsoNoSpacing">Instant Telephone Access: <a href="https://hd.choruscall.com/InComm/?callme=true&amp;passcode=13692597&amp;h=true&amp;info=company-title&amp;r=true&amp;B=6" target="_blank">Call me™</a></p> <p><b>Replay information:</b></p> <p>A telephone playback of the call will be available following the conference call until November 13, 2019 and can be accessed by calling 877-660-6853 or 201-612-7415 for international callers. The reservation number for the replay is 13692597.</p> <h2>About&nbsp;Ribbon Communications.&nbsp;</h2> <p>Ribbon Communications Inc.&nbsp;(Nasdaq: RBBN) delivers market-leading software solutions that secure and power many of the world's leading service provider and enterprise communications environments. &nbsp;Built on world-class technology and intellectual property, the Company's cloud-native solutions deliver intelligent and secure real-time communications solutions for the cloud, network and enterprise edge. &nbsp;Ribbon's&nbsp;Kandy Cloud&nbsp;real-time communications software platform delivers advanced and embedded CPaaS and UCaaS capabilities enabling service providers&nbsp;to rapidly create and deploy high-value communications services.&nbsp; To learn more, visit&nbsp;<a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=2539215-1&amp;h=2181354947&amp;u=https%3A%2F%2Fc212.net%2Fc%2Flink%2F%3Ft%3D0%26l%3Den%26o%3D2420742-1%26h%3D3430258665%26u%3Dhttp%253A%252F%252Fwww.ribboncomm.com%252F%26a%3Dribboncommunications.com&amp;a=ribboncommunications.com" target="_blank">ribboncommunications.com</a><u>.</u></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" title="Let&#039;s Chat!">Let's Chat!</a> </div> </div> </div> </div> </div> </div> </div> </div> </div> </div> Wed, 16 Oct 2019 20:02:23 +0000 javaughn 21082 at https://ribboncommunications.com Ribbon to Showcase its Digital Transformation Solutions at GITEX Technology Week https://ribboncommunications.com/company/media-center/press-releases/ribbon-showcase-its-digital-transformation-solutions-gitex-technology-week <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 to Showcase its Digital Transformation Solutions at GITEX Technology Week</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">Cloud Communications and Edge solutions support new initiatives and markets</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">October 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. – <a href="http://www.ribboncomm.com/?utm_source=rbbn&amp;utm_medium=website&amp;utm_campaign=PR"><b>Ribbon Communications Inc.</b></a> (Nasdaq: RBBN), a global software leader in secure and intelligent cloud communications, today announced that it will showcase its state of the art digital transformation solutions including <a href="http://kandy.io">Kandy</a> at this year’s <a href="https://www.gitex.com/welcome">GITEX Technology Week</a>, the biggest tech show in the Middle East, North Africa and South Asia.</p> <p>“We are excited about the opportunity to showcase Ribbon’s secure, cloud-based real-time communications solutions at GITEX Technology Week,” said Patrick Joggerst, CMO and EVP Business Development, Ribbon. “Our solutions are driving an incredible digital transformation and are already supporting some key players in the Middle East as they deploy the intelligent solutions their customers crave. I look forward to deepening our relationships with these customers and establishing new connections with other regional actors at the event.”</p> <p>Built on carrier-proven platforms, Kandy enables digital experiences including the Smart City communications of today and tomorrow. Service providers, governmental bodies and enterprises of any size can leverage Kandy to migrate to the cloud without disruption, upgrading their services with advanced communications solutions that enable stakeholders to communicate in real-time via voice, video, text or web. Anyone, including consumers, citizens, employees and customers can more quickly and seamlessly connect to the expert or department they need, enjoying a faster, higher quality interaction that keeps business moving forward.</p> <p>Co-located with Ribbon’s valued partner and distributor, <a href="http://www.fvc.com">First Video Communications</a><span class="MsoHyperlink">, in <b>Sheikh Rashid Hall, Stand SR-B2</b>, Ribbon will be demonstrating its suite of Cloud Communications and Edge solutions, including its <a href="https://ribboncommunications.com/products/service-provider-products/session-border-controllers-service-providers?utm_source=rbbn&amp;utm_medium=website&amp;utm_campaign=PR">Session Border Controllers</a>, <a href="https://ribboncommunications.com/solutions/service-provider-solutions/microsoft-solutions/direct-routing-microsoft-teams-calling?utm_source=rbbn&amp;utm_medium=website&amp;utm_campaign=PR">Direct Routing for Microsoft Teams</a>, <a href="https://ribboncommunications.com/products/enterprise-products/session-border-controllers/edgemarc-7000-series?utm_source=rbbn&amp;utm_medium=website&amp;utm_campaign=PR">EdgeMarc Devices</a> and <a href="https://ribboncommunications.com/products/service-provider-products/management/edgeview-service-control-center-scc?utm_source=rbbn&amp;utm_medium=website&amp;utm_campaign=PR">Edgeview Server</a>, designed to empower communications service providers as they transition to a digital environment.</span></p> <h2 class="MsoCommentText">About Ribbon Communications</h2> <p>Ribbon Communications delivers market-leading software solutions that secure and power many of the world’s leading service provider and enterprise communications environments. Built on world-class technology and intellectual property, the company’s cloud-native solutions deliver intelligent and secure real-time communications solutions for the cloud, network and enterprise edge. Ribbon’s <a href="http://kandy.io/utm_source=rbbn&amp;utm_medium=website&amp;utm_campaign=PR">Kandy</a> Cloud real-time communications software platform delivers advanced and embedded CPaaS and UCaaS capabilities enabling service providers&nbsp;to rapidly create and deploy high-value communications services. To learn more, visit <a href="http://www.ribboncomm.com/?utm_source=rbbn&amp;utm_medium=website&amp;utm_campaign=PR">ribboncommunications.com</a>.</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, including statement regarding delivering value to customers. All statements other than statements of historical facts contained in this release are forward-looking statements. The actual results of Ribbon Communications 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" title="Let&#039;s Chat!">Let's Chat!</a> </div> </div> </div> </div> </div> </div> </div> </div> </div> </div> Fri, 04 Oct 2019 13:32:15 +0000 javaughn 21066 at https://ribboncommunications.com Ribbon’s Bita Milanian Wins Global Women in Telco & Tech 2019 “Agent of Change” Award https://ribboncommunications.com/company/media-center/press-releases/ribbons-bita-milanian-wins-global-women-telco-tech-2019-agent-change-award <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 Bita Milanian Wins Global Women in Telco &amp; Tech 2019 “Agent of Change” Award </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">Recognized for leadership in advocating for diversity, gender equality and inclusion</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">October 3, 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. – <a href="http://www.ribboncomm.com/?utm_source=rbbn&amp;utm_medium=website&amp;utm_campaign=PR"><b>Ribbon Communications Inc.</b></a> (Nasdaq: RBBN), a global software leader in secure and intelligent cloud communications solutions, today announced that Bita Milanian, Senior Vice President of Global Marketing, recently won the <a href="https://www.capacitymedia.com/articles/3824286/the-winners-of-the-global-women-in-telco-and-tech-awards-revealed"><b>Global Women in Telco &amp; Tech 2019 “Agent of Change” Award</b></a><b>.</b> The award celebrates achievements made by companies, individuals and industry partners, who are focused on improving gender equality and who have distinguished themselves as advocates and champions for change.</p> <figure role="group" class="embedded-entity align-right"><article><img alt="2019 GWTT Awards Bita Milanian" class="img-responsive" src="/sites/default/files/2019GWTTAwards_BitaMilanian.jpg" title="2019 GWTT Awards Bita Milanian" typeof="foaf:Image" /></article><figcaption>Photo Credit: Ghazal Sheei</figcaption></figure><p>Ms. Milanian was recognized for her philanthropic and professional contributions in encouraging and supporting women in the workforce; promoting diversity and inclusion in all aspects of life; and serving as a strong mentor to future generations, who is committed to developing and funding programs designed to educate more women in the areas of engineering, software development, and technology leadership.</p> <p>The<b> </b><a href="https://www.capacitymedia.com/articles/3824116/the-global-women-in-telco-and-tech-awards-shortlist-announced"><b>Global Women in Telco &amp; Tech Awards</b></a> were judged by an independent panel of leading industry analysts, contributors and executives.</p> <p>The judges commented that Ms. Milanian’s entry was truly inspiring because she is “a real visionary and true agent of so much needed change”. In addition, they noted that throughout Ms. Milanian’s career, she has demonstrated a deep involvement both inside and outside of the telco industry around the issue of closing the gender diversity gap and helping and mentoring others who are from among the most neglected backgrounds. The judges also said she exemplifies the strong leaders who are good-hearted people and will not give up the fight for equality and inclusion.</p> <p>“I am honored to be the recipient of such a deeply meaningful award, especially among such an esteemed and deserving group of applicants,” said Ms. Milanian. “I have witnessed the power of progress leveraging information communications technologies and believe that when human stories are shared more easily and openly through any platform, like this award, people can connect with each other more intuitively; and together tackle the toughest challenges for the betterment of the world.”</p> <h2>About Ribbon Communications</h2> <p>Ribbon Communications delivers market-leading software solutions that secure and power many of the world’s leading service provider and enterprise communications environments. Built on world-class technology and intellectual property, the company’s cloud-native solutions deliver intelligent and secure real-time communications solutions for the cloud, network and enterprise edge. Ribbon’s <a href="https://www.kandy.io">Kandy</a> Cloud real-time communications software platform delivers advanced and embedded CPaaS and UCaaS capabilities enabling service providers to rapidly create and deploy high-value communications services. To learn more, visit <a href="http://www.ribboncomm.com/?utm_source=rbbn&amp;utm_medium=website&amp;utm_campaign=PR">ribboncommunications.com</a>.</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" title="Let&#039;s Chat!">Let's Chat!</a> </div> </div> </div> </div> </div> </div> </div> </div> </div> </div> Thu, 03 Oct 2019 14:22:58 +0000 javaughn 21065 at https://ribboncommunications.com Ribbon’s Unified Communications Research on APAC Confirms Opportunity and Need for Comprehensive Solutions https://ribboncommunications.com/company/media-center/press-releases/ribbons-unified-communications-research-apac-confirms-opportunity-and-need-comprehensive-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"> Ribbon’s Unified Communications Research on APAC Confirms Opportunity and Need for Comprehensive 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">Security continues to be under-addressed; six-city roadshow to highlight detailed in-country research</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">September 9, 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. – <a href="http://www.ribboncomm.com/?utm_source=rbbn&amp;utm_medium=website&amp;utm_campaign=PR"><b>Ribbon Communications Inc.</b></a> (Nasdaq: RBBN), a global software leader in secure and intelligent cloud communications solutions, today announced the Asia Pacific (APAC) portion of its global research on Small-to-Medium Enterprises (SME) and Enterprise purchase drivers around Unified Communications (UC). This segment of the survey reflects the responses of 850 IT decision-makers, representing multiple industries in Australia; China; Hong Kong; India; Japan; Malaysia; New Zealand; Singapore; and Thailand.</p> <p>“As we continue to examine the research results, we are discovering that despite some regional differences, the overall story is consistent,” said Patrick Joggerst, Ribbon’s CMO and EVP of Business Development. “There is a significant opportunity for UCaaS providers around the world as long they are able to meet customers’ needs for security, service assurance, third-party integration and advanced functionality. With the increased the availability of these key features, delivering on these capabilities is essential.”</p> <p>Ribbon’s research shows that APAC companies with more than 1,000 employees were the most likely to have adopted UC (34% compared to 13 to 26% for smaller companies) and that mid-sized non-adopters had the highest intent to adopt within 2 years (69% for companies with 21 to 100 employees and 77% for those with 100 to 1,000 employees). These results are consistent with the global and European data that was previously released, where larger companies have led in UC adoption.</p> <p>“Ribbon’s in-depth regional research is a great complement to the Poly business focus as we work to best serve our mutual customers,” said Cary Bran, Poly’s Senior Vice President of Strategic Alliances and Partnerships. “We look forward to interacting with customers and partners in the Asia Pacific market with Ribbon as we continue to deepen our understanding of their key business needs.”</p> <p>Additional findings from the research include:</p> <ul> <li>While 47% of UC adopters bought their UC service from traditional providers, that number dropped to 15% for those planning to buy within two years. Their intent was almost evenly divided, with mobile and competitive providers rating 14% each, IT services companies at 12%, Cable and Over The Top (OTT) providers garnering 11%, and phone resellers at 10%.</li> <li>UC Security emerged once again as a key concern: 68% percent of respondents’ companies had been victimized by attacks, including robocallers, telephony denial of service, toll fraud and more,&nbsp; and 87% of the respondents believed that the UC provider should be the one shouldering the responsibility for protecting them, an even higher number than in Ribbon’s EMEA survey (81%).</li> </ul> <p>From September 16 to 26, 2019, the Ribbon and Poly UC Market Intelligence APAC roadshow will bring executives from both companies together with current and prospective customers for a detailed readout of the research results.&nbsp; Events will be held in Taipei, Bangkok, Singapore, Auckland, Melbourne and Sydney. Please visit <a href="https://info.rbbn.com/uc-market-2019-apac/">https://info.rbbn.com/uc-market-2019-apac/</a> for more information and to register.</p> <p>Ribbon’s comprehensive portfolio of <a href="https://ribboncommunications.com/solutions/service-provider-solutions/edge-services/network-edge-orchestration/?utm_source=rbbn&amp;utm_medium=website&amp;utm_campaign=PR">Edge Orchestration</a>, <a href="https://ribboncommunications.com/products/enterprise-products/session-border-controllers-enterprises/?utm_source=rbbn&amp;utm_medium=website&amp;utm_campaign=PR">Intelligent Edge</a>, <a href="https://www.kandy.io/kandy-provides/unified-communications-service-ucaas/ucaas-enterprises/?utm_source=rbbn&amp;utm_medium=website&amp;utm_campaign=PR">UCaaS</a> and <a href="https://ribboncommunications.com/solutions/service-provider-solutions/security-and-analytics-service-providers?/utm_source=rbbn&amp;utm_medium=website&amp;utm_campaign=PR">Security and Analytics</a> solutions helps providers utilize the insights from the research to offer secure and flexible communications technologies to their Enterprise customers and drive positive business outcomes.</p> <h2>About Ribbon Communications</h2> <p>Ribbon Communications delivers market-leading software solutions that secure and power many of the world’s leading service provider and enterprise communications environments. Built on world-class technology and intellectual property, the company’s cloud-native solutions deliver intelligent and secure real-time communications solutions for the cloud, network and enterprise edge. Ribbon’s <a href="https://www.kandy.io">Kandy</a> Cloud real-time communications software platform delivers advanced and embedded CPaaS and UCaaS capabilities enabling service providers&nbsp;to rapidly create and deploy high-value communications services. To learn more, visit <a href="http://www.ribboncomm.com/?utm_source=rbbn&amp;utm_medium=website&amp;utm_campaign=PR">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, including statement regarding delivering value to customers. All statements other than statements of historical facts contained in this release are forward-looking statements. The actual results of Ribbon Communications 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" title="Let&#039;s Chat!">Let's Chat!</a> </div> </div> </div> </div> </div> </div> </div> </div> </div> </div> Mon, 09 Sep 2019 13:37:58 +0000 javaughn 21035 at https://ribboncommunications.com Ribbon’s Analytics and Security Solutions Platform Ribbon Protect Wins Gold Stevie® Award in 2019 International Business Awards® https://ribboncommunications.com/company/media-center/press-releases/ribbons-analytics-and-security-solutions-platform-ribbon-protect-wins-gold-stevier-award-2019 <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 Analytics and Security Solutions Platform Ribbon Protect Wins Gold Stevie® Award in 2019 International Business Awards® </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">August 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. – <a href="http://www.ribboncomm.com/?utm_source=rbbn&amp;utm_medium=website&amp;utm_campaign=PR"><b>Ribbon Communications Inc.</b></a> (Nasdaq: RBBN), a global software leader in secure and intelligent cloud communications, today announced that its analytics and security solutions software platform, <a href="https://ribboncommunications.com/products/service-provider-products/analytics/protect-platform-analytics?utm_source=rbbn&amp;utm_medium=website&amp;utm_campaign=PR"><b>Ribbon Protect</b></a> was named the winner of a <a href="http://www.stevieawards.com/">Gold Stevie® award</a> for Telecommunications Product in the 16<sup>th</sup> Annual International Business Awards®.</p> <p>“Ribbon Protect supports security, operations and monetization applications. The analytics portfolio provides our carrier and enterprise customers valuable insights, visibility and security for their networks and customers, and we’re proud to have won this award,” said Kevin Riley, Ribbon’s Chief Technology Officer and Executive Vice President of Advanced Research and Development. “I want to thank the entire team for their tireless work in building, refining and innovating this software platform -- this was very much a group effort!”</p> <p>Bad actors are leveraging Unified Communications (UC) networks as vectors for attacks including toll fraud, telephony denial of service (T-DoS), and robo-calls. The Ribbon Protect platform, and the security applications that run on it, provide carriers and enterprises with a network-wide behavioral analytics solution, enabling them to accurately block these attacks and disseminate security policies across network “enforcers” including session border controllers (SBCs) and firewalls.</p> <p>The analytics portfolio and Ribbon Protect platform provide a single view of the end-to-end communications network for operators to intelligently report and track network usage and troubleshoot network issues. The ability to collapse multiple IT network tools into a single platform enables network owners to lower their capital and operational costs while increasing customer satisfaction with higher levels of network quality.</p> <p>Stevie Award winners were determined by the average scores of more than 250 executives worldwide who participated in the judging process from May through early August 2019. Judges’ comments on Ribbon’s submission included “The power of the product plus the single end-to-end view of network operations is outstanding,” and “Great way to protect consumers from data breaches, but also offers a cost-effective way to do it.”</p> <p>The International Business Awards are the world’s premier business awards program. All individuals and organizations worldwide – public and private, for-profit and non-profit, large and small — are eligible to submit nominations.&nbsp;The 2019 IBAs received entries from organizations in 74 nations and territories.</p> <h3><strong>About the Stevie Awards</strong></h3> <p>Stevie Awards are conferred in seven programs: the Asia-Pacific Stevie Awards, the German Stevie Awards, The American Business Awards®, The International Business Awards®, the Stevie Awards for Women in Business, the Stevie Awards for Great Employers, and the Stevie Awards for Sales &amp; Customer Service. Stevie Awards competitions receive more than 12,000 nominations each year from organizations in more than 70 nations. Honoring organizations of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide. Learn more about the Stevie Awards at&nbsp;<a href="http://www.StevieAwards.com">www.StevieAwards.com</a>.</p> <h3><b>About Ribbon Communications</b></h3> <p>Ribbon Communications delivers market-leading software solutions that secure and power many of the world’s leading service provider and enterprise communications environments. Built on world-class technology and intellectual property, the company’s cloud-native solutions deliver intelligent and secure real-time communications solutions for the cloud, network and enterprise edge. Ribbon’s <a href="http://kandy.io/utm_source=rbbn&amp;utm_medium=website&amp;utm_campaign=PR">Kandy</a> Cloud real-time communications software platform delivers advanced and embedded CPaaS and UCaaS capabilities enabling service providers&nbsp;to rapidly create and deploy high-value communications services. To learn more, visit <a href="http://www.ribboncomm.com/?utm_source=rbbn&amp;utm_medium=website&amp;utm_campaign=PR">ribboncommunications.com</a>.</p> <h3><b>Important Information Regarding Forward-Looking Statements&nbsp;&nbsp; </b></h3> <p>The information in this release contains forward-looking statements regarding future events that involve risks and uncertainties, including statement regarding delivering value to customers. All statements other than statements of historical facts contained in this release are forward-looking statements. The actual results of Ribbon Communications 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" title="Let&#039;s Chat!">Let's Chat!</a> </div> </div> </div> </div> </div> </div> </div> </div> </div> </div> Mon, 19 Aug 2019 22:11:46 +0000 pleininger 21023 at https://ribboncommunications.com Ribbon Communications Inc. to Participate at Upcoming Investment Conferences https://ribboncommunications.com/company/media-center/press-releases/ribbon-communications-inc-participate-upcoming-investment-conferences <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. to Participate at Upcoming Investment Conferences </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">August 1, 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> – <a href="http://www.ribboncomm.com/"><b>Ribbon Communications Inc.</b></a> (Nasdaq: RBBN), a global software leader in secure and intelligent cloud communications, today announced that&nbsp;company management will be participating in the following upcoming investment conferences:</p> <p class="MsoNoSpacing"><b>Oppenheimer Technology, Internet, &amp; Communications Conference</b><br /> Location: Boston<br /> Participating on: <u>August 6, 2019</u> (presenting and one-on-one institutional investor meetings)</p> <p class="MsoNoSpacing"><b>Jefferies Semiconductor, Hardware &amp; Communications Infrastructure Summit</b><br /> Location: Chicago<br /> Participating on: <u>August 27, 2019</u> (one-on-one institutional investor meetings)</p> <p class="MsoNoSpacing"><b>DA Davidson Technology Conference </b><br /> Location: New York City<br /> Participating on: <u>September 4, 2019</u> (presenting and one-on-one institutional investor meetings)</p> <p class="MsoNoSpacing"><b>Dougherty &amp; Company Institutional Investor Conference</b><br /> Location: Minneapolis<br /> Participating on: <u>September 5, 2019</u> (one-on-one institutional investor meetings)</p> <p class="MsoNoSpacing">The presentations from the Oppenheimer and DA Davidson conferences will be made available live via audio webcast as well as archived replay on the Investor Relations section of the Ribbon Communications’ website at <u><a href="https://investors.ribboncommunications.com/press-and-events/events-and-presentations" target="_blank">investors.ribboncommunications.com.</a></u></p> <p class="MsoNoSpacing"><b>About Ribbon Communications</b></p> <p>Ribbon Communications Inc. (Nasdaq: RBBN) delivers market-leading software solutions that secure and power many of the world's leading service provider and enterprise communications environments. Built on world-class technology and intellectual property, the company's cloud-native solutions deliver intelligent and secure real-time communications solutions for the cloud, network and enterprise edge. Ribbon's Kandy Cloud real-time communications software platform delivers advanced and embedded CPaaS and UCaaS capabilities enabling service providers&nbsp;to rapidly create and deploy high-value communications services.&nbsp;To learn more, visit <a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=2420742-1&amp;h=3430258665&amp;u=http%3A%2F%2Fwww.ribboncomm.com%2F&amp;a=ribboncommunications.com" target="_blank">ribboncommunications.com</a>.</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. All statements other than statements of historical facts contained in this release are forward-looking statements. The actual results of&nbsp;Ribbon Communications&nbsp;may differ materially from those contemplated by the forward-looking statements. For further information regarding risks and uncertainties associated with&nbsp;Ribbon Communications'&nbsp;business, please refer to the "Risk Factors" section of&nbsp;Ribbon Communications' most recent annual or quarterly report filed with the&nbsp;SEC. Any forward-looking statements represent&nbsp;Ribbon Communications'&nbsp;views only as of the date on which such statement is made and should not be relied upon as representing&nbsp;Ribbon Communications'&nbsp;views as of any subsequent date. While&nbsp;Ribbon Communications&nbsp;may elect to update forward-looking statements at some point,&nbsp;Ribbon Communications&nbsp;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" title="Let&#039;s Chat!">Let's Chat!</a> </div> </div> </div> </div> </div> </div> </div> </div> </div> </div> Thu, 01 Aug 2019 19:50:25 +0000 pleininger 20972 at https://ribboncommunications.com Ribbon Communications Inc. Reports Second Quarter 2019 Financial Results https://ribboncommunications.com/company/media-center/press-releases/ribbon-communications-inc-reports-second-quarter-2019-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. Reports Second Quarter 2019 Financial Results</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">July 31, 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"><meta name="naver-site-verification" content="0aaad19c909a94c1b1cf1e782a10f0a6d8e14fc0"><meta name="geo.placename" content="WESTFORD, Mass., July 31, 2019"><meta name="geo.region" content="Massachusetts"><meta name="date" content="2019-07-31T16:01:00-04:00"> <p><span class="xn-location">WESTFORD, Mass.</span>, <span class="xn-chron">July 31, 2019</span> /PRNewswire/ --&nbsp;<a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=2539215-1&amp;h=3340571355&amp;u=http%3A%2F%2Fwww.ribboncomm.com%2F&amp;a=Ribbon+Communications+Inc." rel="nofollow" target="_blank"><b>Ribbon Communications Inc.</b></a> (Nasdaq: <a class="ticket-symbol" href="https://www.prnewswire.com/news-releases/ribbon-communications-inc-reports-second-quarter-2019-financial-results-300894285.html#financial-modal">RBBN</a>), a global software leader in secure and intelligent cloud communications, today announced its financial results for the second quarter of 2019.</p> <div class="page-wrap mm-page mm-slideout" id="mm-0"> <main id="main" role="main"> <article class="news-release inline-gallery-template"> <header class="container release-header"> <div class="row"> <div class="col-lg-4 col-sm-5"> <div class="social-share-circle pull-right hidden-xs"> <div class="social-links"> <p class="social-twitter">&nbsp;</p> </div> </div> </div> </div> </header> <section class="release-body container "> <div class="row"> <div class="col-sm-10 col-sm-offset-1"><!-- no asserts--> <p>"Our second quarter financial results and improving profitability demonstrate the progress we are making," said <span class="xn-person">Fritz Hobbs</span>, President and Chief Executive Officer of Ribbon Communications. "We are seeing good progress and early validation of our business strategy, which is focused on closely aligning to the needs of our customers and partners with our comprehensive suite of software product and service offerings."</p> <p><b>Second Quarter 2019 </b><b>Financial Highlights<sup>1, 2</sup></b></p> <ul> <li>GAAP revenue was <span class="xn-money">$145 million</span>, compared with <span class="xn-money">$137 million</span> in the second quarter of 2018.</li> <li>GAAP net income was <span class="xn-money">$49 million</span>, compared with a net loss of <span class="xn-money">$20 million</span> in the second quarter of 2018.</li> <li>Non-GAAP net income was <span class="xn-money">$16 million</span>, compared with&nbsp;$14 million in the second quarter of 2018.</li> <li>GAAP diluted earnings per share was <span class="xn-money">$0.45</span>, compared with a loss per share of <span class="xn-money">$0.20</span> in the second quarter of 2018.</li> <li>Non-GAAP diluted earnings per share was <span class="xn-money">$0.14</span> in both the second quarter of 2019 and 2018.</li> <li>Non-GAAP Adjusted EBITDA was <span class="xn-money">$22 million</span>, compared with <span class="xn-money">$20 million</span> in the second quarter of 2018.</li> </ul> <p>The Company resolved an intellectual property infringement dispute with a competitor, resulting in a <span class="xn-money">$63 million</span> settlement that was excluded from non-GAAP financial results.</p> <ul> <li>The Company repurchased and retired approximately 976,000 shares of common stock at an average price of <span class="xn-money">$4.65</span> for a total of <span class="xn-money">$5 million</span> in the second quarter of 2019.</li> <li>Cash was <span class="xn-money">$51 million</span> at <span class="xn-chron">June 30, 2019</span>, compared with cash and investments of <span class="xn-money">$46 million</span> at <span class="xn-chron">March 31, 2019</span>.</li> </ul> <p>"Revenue was <span class="xn-money">$145 million</span> and Adjusted EBITDA was <span class="xn-money">$22 million</span> in the second quarter of 2019," said <span class="xn-person">Daryl Raiford</span>, Chief Financial Officer of Ribbon Communications. "Our 12 percent year-over-year growth in profitability was driven by improving software revenue mix coupled with our cost reduction efforts."</p> <p><b>Second Quarter 2019 Customer and Company Highlights</b></p> <ul> <li>A national telecommunications service provider in <span class="xn-location">Asia</span> selected Ribbon to transform its nationwide communication services network using Ribbon's portfolio of core and session software solutions and services.</li> <li><a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=2539215-1&amp;h=2718822636&amp;u=https%3A%2F%2Fc212.net%2Fc%2Flink%2F%3Ft%3D0%26l%3Den%26o%3D2501221-1%26h%3D731520411%26u%3Dhttps%253A%252F%252Fvodcs.co.za%252F%26a%3DVOD%2BCommunications&amp;a=VOD+Communications" rel="nofollow" target="_blank">VOD Communications</a>, a value-added distributor of technology and converged communications solutions focusing on the enterprise, SMB and consumer markets in <span class="xn-location">Southern Africa</span>, added Ribbon's <a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=2539215-1&amp;h=1281521677&amp;u=https%3A%2F%2Fc212.net%2Fc%2Flink%2F%3Ft%3D0%26l%3Den%26o%3D2501221-1%26h%3D1303370375%26u%3Dhttps%253A%252F%252Fribboncommunications.com%252Fproducts%252Fenterprise-products%252Fmanagement%252Fnetwork-edge-orchestration%252F%253Futm_source%253Drbbn%2526utm_medium%253Dwebsite%2526utm_campaign%253DPR%26a%3DNetwork%2BEdge%2BOrchestration&amp;a=Network+Edge+Orchestration" rel="nofollow" target="_blank">Network Edge Orchestration</a>, a hybrid Cloud/Edge solution to its distribution portfolio.</li> <li>Ribbon extended its partnership with <a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=2539215-1&amp;h=1838962319&amp;u=https%3A%2F%2Fc212.net%2Fc%2Flink%2F%3Ft%3D0%26l%3Den%26o%3D2420742-1%26h%3D1782071121%26u%3Dhttps%253A%252F%252Fwww.home.neustar%252F%26a%3DNeustar&amp;a=Neustar" rel="nofollow" target="_blank">Neustar</a>, a leading global information services provider and the exclusive host of the <a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=2539215-1&amp;h=3334606343&amp;u=https%3A%2F%2Fc212.net%2Fc%2Flink%2F%3Ft%3D0%26l%3Den%26o%3D2420742-1%26h%3D2112421955%26u%3Dhttps%253A%252F%252Fwww.home.neustar%252Fatis-testbed%252Findex.php%26a%3DATIS%2BRobocalling%2BTestbed&amp;a=ATIS+Robocalling+Testbed" rel="nofollow" target="_blank">ATIS Robocalling Testbed</a>, to deliver a comprehensive solution designed to combat robocalling and call spoofing.</li> <li>A major service provider in the US continued deployments of Ribbon's session software, transformation solutions and services associated with its mobile, fixed and business network service offerings.</li> <li>A major global financial institution began deploying Ribbon's session software and Kandy CPaaS<sup>3</sup> solutions to secure and enhance its Unified Communications environments with an intelligent session layer for its network.</li> <li>A service provider and a public sector enterprise customer chose Ribbon Analytics solutions and applications for enhanced network visibility and security.</li> </ul> <p><b>Business Outlook<sup>1,2</sup></b><br class="dnr" /> Effective as of the second quarter of 2019, the Company no longer increases non-GAAP results by adding back revenue lost in purchase accounting.&nbsp; The Company's Adjusted EBITDA guidance, taking into account this change in practice, is approximately <span class="xn-money">$92 million</span> for the full year 2019.</p> <p class="prnml40" id="indentid"><sup>1</sup>Please see the reconciliation of non-GAAP and GAAP financial measures, and additional information about non-GAAP measures in the press release appendix.<br class="dnr" /> <sup>2</sup>Effective as of the second quarter of 2019, the Company no longer increases non-GAAP revenue for the impact of purchase accounting on revenue; effective as of the first quarter of 2019, the Company no longer increases non-GAAP revenue for the impact of the adoption in 2018 of the new revenue standard.<br class="dnr" /> <sup>3</sup>CPaaS is defined as communications platform as a service.</p> <p><b>Conference Call Details</b><br class="dnr" /> Ribbon will offer a live, listen-only webcast of the conference call to discuss its financial results&nbsp; for the second quarter ended <span class="xn-chron">June 30, 2019</span> on <span class="xn-chron">July 31, 2019</span>, via the investor section of its website at <a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=2539215-1&amp;h=574592692&amp;u=http%3A%2F%2Finvestors.ribboncommunications.com%2F&amp;a=http%3A%2F%2Finvestors.ribboncommunications.com" rel="nofollow" target="_blank">http://investors.ribboncommunications.com</a>, where a replay will also be available shortly following the conference call.</p> <p><b>Conference Call Details:</b><br class="dnr" /> Date:&nbsp; <span class="xn-chron">July 31, 2019</span><br class="dnr" /> Time:&nbsp; <span class="xn-chron">4:30 p.m. (ET)</span><br class="dnr" /> Dial-in number (Domestic): 877-407-2991<br class="dnr" /> Dial-in number (Intl): 201-389-0925<br class="dnr" /> Instant Telephone Access: <a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=2539215-1&amp;h=2697298109&amp;u=https%3A%2F%2Fhd.choruscall.com%2FInComm%2F%3Fcallme%3Dtrue%26passcode%3D13692597%26h%3Dtrue%26info%3Dcompany-title%26r%3Dtrue%26B%3D6&amp;a=Call+me%E2%84%A2" rel="nofollow" target="_blank">Call me™</a></p> <p><b>Replay information:</b><br class="dnr" /> A telephone playback of the call will be available following the conference call until <span class="xn-chron">August 14, 2019</span> and can be accessed by calling 877-660-6853 or 201-612-7415 for international callers. The reservation number for the replay is 13692597.</p> <p><b>Investor Relations</b><br class="dnr" /> <span class="xn-person">Monica Gould</span><br class="dnr" /> +1 (212) 871-3927<br class="dnr" /> <a href="mailto:IR@rbbn.com" rel="nofollow" target="_blank">IR@rbbn.com</a> &nbsp;</p> <p><b>US Press</b><br class="dnr" /> <span class="xn-person">Dennis Watson</span><br class="dnr" /> +1 (214) 695-2214<br class="dnr" /> <a href="mailto:dwatson@rbbn.com" rel="nofollow" target="_blank">dwatson@rbbn.com</a></p> <p><b>International Press</b><br class="dnr" /> <span class="xn-person">Catherine Berthier</span><br class="dnr" /> +1 (646) 741-1974<br class="dnr" /> <a href="mailto:cberthier@rbbn.com" rel="nofollow" target="_blank">cberthier@rbbn.com</a></p> <p><b>Industry Analyst Relations</b><br class="dnr" /> <span class="xn-person">Michael Cooper</span><br class="dnr" /> +1 (708) 383-3387<br class="dnr" /> <a href="mailto:mcooper@rbbn.com" rel="nofollow" target="_blank">mcooper@rbbn.com</a></p> <p><b>About Ribbon Communications</b><br class="dnr" /> Ribbon Communications Inc. (Nasdaq: <a class="ticket-symbol" href="https://www.prnewswire.com/news-releases/ribbon-communications-inc-reports-second-quarter-2019-financial-results-300894285.html#financial-modal">RBBN</a>) delivers market-leading software solutions that secure and power many of the world's leading service provider and enterprise communications environments. &nbsp;Built on world-class technology and intellectual property, the Company's cloud-native solutions deliver intelligent and secure real-time communications solutions for the cloud, network and enterprise edge. &nbsp;Ribbon's <span class="xn-person">Kandy Cloud</span> real-time communications software platform delivers advanced and embedded CPaaS and UCaaS capabilities enabling service providers&nbsp;to rapidly create and deploy high-value communications services.&nbsp; To learn more, visit <a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=2539215-1&amp;h=2181354947&amp;u=https%3A%2F%2Fc212.net%2Fc%2Flink%2F%3Ft%3D0%26l%3Den%26o%3D2420742-1%26h%3D3430258665%26u%3Dhttp%253A%252F%252Fwww.ribboncomm.com%252F%26a%3Dribboncommunications.com&amp;a=ribboncommunications.com" rel="nofollow" target="_blank">ribboncommunications.com</a>.</p> <p><b>Important Information Regarding Forward-Looking Statements</b><br class="dnr" /> 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, statements in the sections "Second Quarter 2019 Financial Highlights" and "Business Outlook" statements regarding our future expenses, results of operations and financial position, potential stock repurchases, 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", "plans", "projects" 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 acquisitions, making it more difficult to maintain relationships with employees, customers, business partners or government entities; 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;</p> <p>Our forward-looking statements involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements express or implied by the forward-looking statements.&nbsp; We caution you against relying on any of these forward-looking statements.&nbsp; For further information regarding risks and uncertainties associated with Ribbon Communications' business and important factors that could cause actual results to differ materially from these forward-looking statements, 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; Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them.&nbsp; While Ribbon Communications may elect to update forward-looking statements at some point, Ribbon Communications specifically disclaims any obligation to do so, except as may be required by law.</p> <p><b>Discussion of Non-GAAP Financial Measures</b><br class="dnr" /> 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 certain expenses and credits, including, but not limited to stock-based compensation, amortization of intangible assets, acquisition-related facilities adjustments, certain litigation costs, acquisition- and integration-related expense, restructuring and related expense, the gain on the settlement of litigation, the reduction in deferred purchase consideration and the tax effect of these adjustments.&nbsp; Effective for the second quarter of 2019 and for subsequent reporting periods, we no longer adjust for the impact of purchase accounting on revenue and, effective for the first quarter of 2019 and for subsequent reporting periods, we no longer adjust for the impact of the adoption of the new revenue standard in 2018.&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 class="dnr" /> We provide the historical supplementary non-GAAP financial measure of non-GAAP Total revenue, which, for periods prior to the second quarter of 2019, included revenue related to our acquisitions that we would have recognized but for the purchase accounting treatment of these transactions, and which, for periods prior to the first quarter of 2019, included eliminated revenue resulting from our adoption of the new revenue recognition standard in 2018.&nbsp; Effective for the second quarter of 2019 and for subsequent reporting periods, we no longer include any increases to non-GAAP revenue arising from the purchase accounting treatment of assumed deferred revenue.&nbsp; Effective for the first quarter of 2019 and for subsequent reporting periods, we no longer include any increases to non-GAAP revenue arising from the 2018 revenue standard adoption.&nbsp; Therefore, for the second quarter of 2019 and for subsequent reporting periods, our non-GAAP revenue is equivalent to our GAAP revenue.</p> <p><i>Stock-Based Compensation</i><br class="dnr" /> 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 class="dnr" /> 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.</p> <p><i>Acquisition-Related Facilities Adjustments</i><br class="dnr" /> 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 included this adjustment, which related to the acquisition of GENBAND, through the fourth quarter of 2018, to allow for more complete comparisons to the financial results of our historical operations and the financial results of peer companies.</p> <p><i>Litigation Costs</i><br class="dnr" /> We were involved in litigation with a certain competitor with whom we reached a settlement in the second quarter of 2019, under which the competitor agreed to pay us an aggregate amount of <span class="xn-money">$63.0 million</span> (see also "Litigation Settlement" below).&nbsp; In connection with this litigation, we have incurred litigation costs beginning in the fourth quarter of 2017.&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.&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>Acquisition- and Integration-Related Expense</i><br class="dnr" /> 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 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 and Related Expense</i><br class="dnr" /> We have recorded restructuring and related 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 and facilities requirements regularly and record adjustments to these estimates as required.&nbsp; We believe that excluding restructuring and related expense 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 Litigation Settlement</i><br class="dnr" /> We were involved in litigation with a certain competitor with whom we reached a settlement in the second quarter of 2019, under which the competitor agreed to pay us an aggregate amount of <span class="xn-money">$63.0 million</span> (see "Litigation Costs" above).&nbsp; This gain is included as a component of other income (expense), net.&nbsp; We believe that such gains are not part of our core business or ongoing operations.&nbsp; Accordingly, we believe that excluding the gain on litigation settlement 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>Reduction in Deferred Purchase Consideration</i><br class="dnr" /> We recorded <span class="xn-money">$8.1 million</span> in other income (expense), net, in the first quarter of 2019 related to the reduction of deferred purchase consideration for Edgewater.&nbsp; We believe that such reductions to deferred purchase consideration are not part of our core business or ongoing operations, as they relate to specific acquisitive transactions.&nbsp; Accordingly, we believe that excluding such reductions related to acquisitive transactions facilitates the comparison of our financial results to our historical results and to other companies in our industry.</p> <p><i>Tax Effect of Non-GAAP Adjustments</i><br class="dnr" /> Beginning with the second quarter of 2019 and for subsequent reporting periods, non-GAAP income tax expense is calculated based on an estimated tax rate applied against forecasted annual non-GAAP income.&nbsp; The non-GAAP income tax expense assumes no available net operating losses or any valuation allowances as a result of reporting significant cumulative non-GAAP income over the past several years.&nbsp; Due to the methodology applied to our estimated annual tax rate as described above, our estimated tax rate on non-GAAP income will differ from our GAAP tax rate and from our actual tax liabilities.</p> <p><i>Adjusted EBITDA</i><br class="dnr" /> 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 provision; depreciation; and amortization of intangible assets.&nbsp; In addition, we exclude from net income (loss):&nbsp; historical adjustments to revenue and cost of revenue related to revenue reductions resulting from purchase accounting (for periods prior to the second quarter of 2019 only) and adoption of the new revenue standard (for periods prior to the first quarter of 2019 only); stock-based compensation expense; acquisition-related facilities adjustments; certain litigation costs; acquisition- and integration-related expense; restructuring and related expense; and other income (expense), 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> <div> <div class="divOverflow"> <div class="table-responsive"> <table border="0" cellpadding="0" cellspacing="0" class="prntblns"> <tbody> <tr> <td class="prngen3 prnpr6" colspan="9"> <p class="prnews_p dnr"><span class="prnews_span">RIBBON COMMUNICATIONS INC.</span></p> </td> </tr> <tr> <td class="prngen2" colspan="9"> <p class="prnews_p dnr"><span class="prnews_span">Consolidated Statements of Operations</span></p> </td> </tr> <tr> <td class="prngen2" colspan="9"> <p class="prnews_p dnr"><span class="prnews_span">(in thousands, except percentages and per share amounts)</span></p> </td> </tr> <tr> <td class="prngen2" colspan="9"> <p class="prnews_p dnr"><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> <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> <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="5"> <p class="prnews_p dnr"><span class="prnews_span">Three months ended</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="prngen2"> <p class="prnews_p dnr"><span class="prnews_span">June 30,</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen2"> <p class="prnews_p dnr"><span class="prnews_span">March 31,</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen2"> <p class="prnews_p dnr"><span class="prnews_span">June 30,</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="prngen5"> <p class="prnews_p dnr"><span class="prnews_span">2019</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen5"> <p class="prnews_p dnr"><span class="prnews_span">2019</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen5"> <p class="prnews_p dnr"><span class="prnews_span">2018</span></p> </td> </tr> <tr> <td class="prngen6" colspan="4"> <p class="prnews_p dnr"><span class="prnews_span">Revenue:</span></p> </td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> </tr> <tr> <td class="prngen7">&nbsp;</td> <td class="prngen6" colspan="3"> <p class="prnews_p dnr"><span class="prnews_span">Product</span></p> </td> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p dnr"><span class="prnews_span">$ &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 72,059</span></p> </td> <td class="prngen7">&nbsp;</td> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p dnr"><span class="prnews_span">$ &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 47,480</span></p> </td> <td class="prngen7">&nbsp;</td> <td class="prngen7" nowrap="nowrap"> <p class="prnews_p dnr"><span class="prnews_span">$ &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 63,123</span></p> </td> </tr> <tr> <td class="prngen7">&nbsp;</td> <td class="prngen6" colspan="3"> <p class="prnews_p dnr"><span class="prnews_span">Service</span></p> </td> <td class="prngen8"> <p class="prnews_p dnr"><span class="prnews_span">73,362</span></p> </td> <td class="prngen7">&nbsp;</td> <td class="prngen8"> <p class="prnews_p dnr"><span class="prnews_span">71,448</span></p> </td> <td class="prngen7">&nbsp;</td> <td class="prngen8"> <p class="prnews_p dnr"><span class="prnews_span">74,238</span></p> </td> </tr> <tr> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen6" colspan="2"> <p class="prnews_p dnr"><span class="prnews_span">Total revenue</span></p> </td> <td class="prngen9"> <p class="prnews_p dnr"><span class="prnews_span">145,421</span></p> </td> <td class="prngen7">&nbsp;</td> <td class="prngen9"> <p class="prnews_p dnr"><span class="prnews_span">118,928</span></p> </td> <td class="prngen7">&nbsp;</td> <td class="prngen9"> <p class="prnews_p dnr"><span class="prnews_span">137,361</span></p> </td> </tr> <tr> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> </tr> <tr> <td class="prngen6" colspan="4"> <p class="prnews_p dnr"><span class="prnews_span">Cost of revenue:</span></p> </td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> </tr> <tr> <td class="prngen7">&nbsp;</td> <td class="prngen6" colspan="3"> <p class="prnews_p dnr"><span class="prnews_span">Product</span></p> </td> <td class="prngen7"> <p class="prnews_p dnr"><span class="prnews_span">36,433</span></p> </td> <td class="prngen7">&nbsp;</td> <td class="prngen7"> <p class="prnews_p dnr"><span class="prnews_span">33,147</span></p> </td> <td class="prngen7">&nbsp;</td> <td class="prngen7"> <p class="prnews_p dnr"><span class="prnews_span">30,278</span></p> </td> </tr> <tr> <td class="prngen7">&nbsp;</td> <td class="prngen6" colspan="3"> <p class="prnews_p dnr"><span class="prnews_span">Service</span></p> </td> <td class="prngen8"> <p class="prnews_p dnr"><span class="prnews_span">28,315</span></p> </td> <td class="prngen7">&nbsp;</td> <td class="prngen8"> <p class="prnews_p dnr"><span class="prnews_span">29,192</span></p> </td> <td class="prngen7">&nbsp;</td> <td class="prngen8"> <p class="prnews_p dnr"><span class="prnews_span">31,972</span></p> </td> </tr> <tr> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen6" colspan="2"> <p class="prnews_p dnr"><span class="prnews_span">Total cost of revenue</span></p> </td> <td class="prngen9"> <p class="prnews_p dnr"><span class="prnews_span">64,748</span></p> </td> <td class="prngen7">&nbsp;</td> <td class="prngen9"> <p class="prnews_p dnr"><span class="prnews_span">62,339</span></p> </td> <td class="prngen7">&nbsp;</td> <td class="prngen9"> <p class="prnews_p dnr"><span class="prnews_span">62,250</span></p> </td> </tr> <tr> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen10">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen10">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen10">&nbsp;</td> </tr> <tr> <td class="prngen6" colspan="4"> <p class="prnews_p dnr"><span class="prnews_span">Gross profit</span></p> </td> <td class="prngen8"> <p class="prnews_p dnr"><span class="prnews_span">80,673</span></p> </td> <td class="prngen7">&nbsp;</td> <td class="prngen8"> <p class="prnews_p dnr"><span class="prnews_span">56,589</span></p> </td> <td class="prngen7">&nbsp;</td> <td class="prngen8"> <p class="prnews_p dnr"><span class="prnews_span">75,111</span></p> </td> </tr> <tr> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> </tr> <tr> <td class="prngen6" colspan="4"> <p class="prnews_p dnr"><span class="prnews_span">Gross margin:</span></p> </td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> </tr> <tr> <td class="prngen7">&nbsp;</td> <td class="prngen6" colspan="3"> <p class="prnews_p dnr"><span class="prnews_span">Product</span></p> </td> <td class="prngen11"> <p class="prnews_p dnr"><span class="prnews_span">49.4%</span></p> </td> <td class="prngen7">&nbsp;</td> <td class="prngen11"> <p class="prnews_p dnr"><span class="prnews_span">30.2%</span></p> </td> <td class="prngen7">&nbsp;</td> <td class="prngen11"> <p class="prnews_p dnr"><span class="prnews_span">52.0%</span></p> </td> </tr> <tr> <td class="prngen7">&nbsp;</td> <td class="prngen6" colspan="3"> <p class="prnews_p dnr"><span class="prnews_span">Service</span></p> </td> <td class="prngen11"> <p class="prnews_p dnr"><span class="prnews_span">61.4%</span></p> </td> <td class="prngen7">&nbsp;</td> <td class="prngen11"> <p class="prnews_p dnr"><span class="prnews_span">59.1%</span></p> </td> <td class="prngen7">&nbsp;</td> <td class="prngen11"> <p class="prnews_p dnr"><span class="prnews_span">56.9%</span></p> </td> </tr> <tr> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen6" colspan="2"> <p class="prnews_p dnr"><span class="prnews_span">Total gross margin</span></p> </td> <td class="prngen11"> <p class="prnews_p dnr"><span class="prnews_span">55.5%</span></p> </td> <td class="prngen7">&nbsp;</td> <td class="prngen11"> <p class="prnews_p dnr"><span class="prnews_span">47.6%</span></p> </td> <td class="prngen7">&nbsp;</td> <td class="prngen11"> <p class="prnews_p dnr"><span class="prnews_span">54.7%</span></p> </td> </tr> <tr> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> </tr> <tr> <td class="prngen6" colspan="4"> <p class="prnews_p dnr"><span class="prnews_span">Operating expenses:</span></p> </td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> </tr> <tr> <td class="prngen7">&nbsp;</td> <td class="prngen6" colspan="3"> <p class="prnews_p dnr"><span class="prnews_span">Research and development</span></p> </td> <td class="prngen7"> <p class="prnews_p dnr"><span class="prnews_span">35,301</span></p> </td> <td class="prngen7">&nbsp;</td> <td class="prngen7"> <p class="prnews_p dnr"><span class="prnews_span">35,933</span></p> </td> <td class="prngen7">&nbsp;</td> <td class="prngen7"> <p class="prnews_p dnr"><span class="prnews_span">35,604</span></p> </td> </tr> <tr> <td class="prngen7">&nbsp;</td> <td class="prngen6" colspan="3"> <p class="prnews_p dnr"><span class="prnews_span">Sales and marketing</span></p> </td> <td class="prngen7"> <p class="prnews_p dnr"><span class="prnews_span">28,893</span></p> </td> <td class="prngen7">&nbsp;</td> <td class="prngen7"> <p class="prnews_p dnr"><span class="prnews_span">30,059</span></p> </td> <td class="prngen7">&nbsp;</td> <td class="prngen7"> <p class="prnews_p dnr"><span class="prnews_span">30,738</span></p> </td> </tr> <tr> <td class="prngen7">&nbsp;</td> <td class="prngen6" colspan="3"> <p class="prnews_p dnr"><span class="prnews_span">General and administrative</span></p> </td> <td class="prngen7"> <p class="prnews_p dnr"><span class="prnews_span">12,466</span></p> </td> <td class="prngen7">&nbsp;</td> <td class="prngen7"> <p class="prnews_p dnr"><span class="prnews_span">18,694</span></p> </td> <td class="prngen7">&nbsp;</td> <td class="prngen7"> <p class="prnews_p dnr"><span class="prnews_span">15,028</span></p> </td> </tr> <tr> <td class="prngen7">&nbsp;</td> <td class="prngen6" colspan="3"> <p class="prnews_p dnr"><span class="prnews_span">Acquisition- and integration-related</span></p> </td> <td class="prngen7"> <p class="prnews_p dnr"><span class="prnews_span">1,965</span></p> </td> <td class="prngen7">&nbsp;</td> <td class="prngen7"> <p class="prnews_p dnr"><span class="prnews_span">3,199</span></p> </td> <td class="prngen7">&nbsp;</td> <td class="prngen7"> <p class="prnews_p dnr"><span class="prnews_span">4,280</span></p> </td> </tr> <tr> <td class="prngen7">&nbsp;</td> <td class="prngen6" colspan="3"> <p class="prnews_p dnr"><span class="prnews_span">Restructuring and related</span></p> </td> <td class="prngen7"> <p class="prnews_p dnr"><span class="prnews_span">9,144</span></p> </td> <td class="prngen7">&nbsp;</td> <td class="prngen7"> <p class="prnews_p dnr"><span class="prnews_span">4,932</span></p> </td> <td class="prngen7">&nbsp;</td> <td class="prngen7"> <p class="prnews_p dnr"><span class="prnews_span">6,097</span></p> </td> </tr> <tr> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen6" colspan="2"> <p class="prnews_p dnr"><span class="prnews_span">Total operating expenses</span></p> </td> <td class="prngen12"> <p class="prnews_p dnr"><span class="prnews_span">87,769</span></p> </td> <td class="prngen7">&nbsp;</td> <td class="prngen12"> <p class="prnews_p dnr"><span class="prnews_span">92,817</span></p> </td> <td class="prngen7">&nbsp;</td> <td class="prngen12"> <p class="prnews_p dnr"><span class="prnews_span">91,747</span></p> </td> </tr> <tr> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> </tr> <tr> <td class="prngen6" colspan="4"> <p class="prnews_p dnr"><span class="prnews_span">Loss from operations</span></p> </td> <td class="prngen7 prnpr10"> <p class="prnews_p dnr"><span class="prnews_span">(7,096)</span></p> </td> <td class="prngen7">&nbsp;</td> <td class="prngen13"> <p class="prnews_p dnr"><span class="prnews_span">(36,228)</span></p> </td> <td class="prngen7">&nbsp;</td> <td class="prngen13"> <p class="prnews_p dnr"><span class="prnews_span">(16,636)</span></p> </td> </tr> <tr> <td class="prngen6" colspan="4"> <p class="prnews_p dnr"><span class="prnews_span">Interest expense, net</span></p> </td> <td class="prngen13"> <p class="prnews_p dnr"><span class="prnews_span">(1,262)</span></p> </td> <td class="prngen7">&nbsp;</td> <td class="prngen13"> <p class="prnews_p dnr"><span class="prnews_span">(1,364)</span></p> </td> <td class="prngen7">&nbsp;</td> <td class="prngen13"> <p class="prnews_p dnr"><span class="prnews_span">(735)</span></p> </td> </tr> <tr> <td class="prngen6" colspan="4"> <p class="prnews_p dnr"><span class="prnews_span">Other income (expense), net</span></p> </td> <td class="prngen8"> <p class="prnews_p dnr"><span class="prnews_span">62,861</span></p> </td> <td class="prngen7">&nbsp;</td> <td class="prngen8"> <p class="prnews_p dnr"><span class="prnews_span">7,774</span></p> </td> <td class="prngen7">&nbsp;</td> <td class="prngen8 prnpr10"> <p class="prnews_p dnr"><span class="prnews_span">(2,052)</span></p> </td> </tr> <tr> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> </tr> <tr> <td class="prngen6" colspan="4"> <p class="prnews_p dnr"><span class="prnews_span">Income (loss) before income taxes</span></p> </td> <td class="prngen7"> <p class="prnews_p dnr"><span class="prnews_span">54,503</span></p> </td> <td class="prngen7">&nbsp;</td> <td class="prngen13"> <p class="prnews_p dnr"><span class="prnews_span">(29,818)</span></p> </td> <td class="prngen7">&nbsp;</td> <td class="prngen13"> <p class="prnews_p dnr"><span class="prnews_span">(19,423)</span></p> </td> </tr> <tr> <td class="prngen6" colspan="4"> <p class="prnews_p dnr"><span class="prnews_span">Income tax provision</span></p> </td> <td class="prngen14"> <p class="prnews_p dnr"><span class="prnews_span">(5,033)</span></p> </td> <td class="prngen7">&nbsp;</td> <td class="prngen14"> <p class="prnews_p dnr"><span class="prnews_span">(1,014)</span></p> </td> <td class="prngen7">&nbsp;</td> <td class="prngen14"> <p class="prnews_p dnr"><span class="prnews_span">(499)</span></p> </td> </tr> <tr> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> </tr> <tr> <td class="prngen6" colspan="4"> <p class="prnews_p dnr"><span class="prnews_span">Net income (loss)</span></p> </td> <td class="prngen15"> <p class="prnews_p dnr"><span class="prnews_span">$ &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 49,470</span></p> </td> <td class="prngen7">&nbsp;</td> <td class="prngen15 prnpr10"> <p class="prnews_p dnr"><span class="prnews_span">$ &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; (30,832)</span></p> </td> <td class="prngen7">&nbsp;</td> <td class="prngen16"> <p class="prnews_p dnr"><span class="prnews_span">$ &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; (19,922)</span></p> </td> </tr> <tr> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> </tr> <tr> <td class="prngen6" colspan="4"> <p class="prnews_p dnr"><span class="prnews_span">Earnings (loss) per share:</span></p> </td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> </tr> <tr> <td class="prngen7">&nbsp;</td> <td class="prngen6" colspan="2"> <p class="prnews_p dnr"><span class="prnews_span">Basic</span></p> </td> <td class="prngen7">&nbsp;</td> <td class="prngen7"> <p class="prnews_p dnr"><span class="prnews_span">$ &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 0.45</span></p> </td> <td class="prngen7">&nbsp;</td> <td class="prngen13"> <p class="prnews_p dnr"><span class="prnews_span">$ &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; (0.29)</span></p> </td> <td class="prngen7">&nbsp;</td> <td class="prngen13"> <p class="prnews_p dnr"><span class="prnews_span">$ &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; (0.20)</span></p> </td> </tr> <tr> <td class="prngen7">&nbsp;</td> <td class="prngen6" colspan="3"> <p class="prnews_p dnr"><span class="prnews_span">Diluted</span></p> </td> <td class="prngen7"> <p class="prnews_p dnr"><span class="prnews_span">$ &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 0.45</span></p> </td> <td class="prngen7">&nbsp;</td> <td class="prngen13"> <p class="prnews_p dnr"><span class="prnews_span">$ &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; (0.29)</span></p> </td> <td class="prngen7">&nbsp;</td> <td class="prngen13"> <p class="prnews_p dnr"><span class="prnews_span">$ &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; (0.20)</span></p> </td> </tr> <tr> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> </tr> <tr> <td class="prngen6" colspan="4"> <p class="prnews_p dnr"><span class="prnews_span">Shares used to compute earnings (loss) per share:</span></p> </td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> </tr> <tr> <td class="prngen7">&nbsp;</td> <td class="prngen6" colspan="2"> <p class="prnews_p dnr"><span class="prnews_span">Basic</span></p> </td> <td class="prngen7">&nbsp;</td> <td class="prngen7"> <p class="prnews_p dnr"><span class="prnews_span">110,394</span></p> </td> <td class="prngen7">&nbsp;</td> <td class="prngen7"> <p class="prnews_p dnr"><span class="prnews_span">108,167</span></p> </td> <td class="prngen7">&nbsp;</td> <td class="prngen7"> <p class="prnews_p dnr"><span class="prnews_span">102,160</span></p> </td> </tr> <tr> <td class="prngen7">&nbsp;</td> <td class="prngen6" colspan="3"> <p class="prnews_p dnr"><span class="prnews_span">Diluted</span></p> </td> <td class="prngen7"> <p class="prnews_p dnr"><span class="prnews_span">110,698</span></p> </td> <td class="prngen7">&nbsp;</td> <td class="prngen7"> <p class="prnews_p dnr"><span class="prnews_span">108,167</span></p> </td> <td class="prngen7">&nbsp;</td> <td class="prngen7"> <p class="prnews_p dnr"><span class="prnews_span">102,160</span></p> </td> </tr> <tr> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> </tr> </tbody> </table> </div> </div> </div> <div> <div class="divOverflow"> <div class="table-responsive"> <table border="0" cellpadding="0" cellspacing="0" class="prntblns"> <tbody> <tr> <td class="prngen2" colspan="7"> <p class="prnews_p dnr"><span class="prnews_span">RIBBON COMMUNICATIONS INC.</span></p> </td> </tr> <tr> <td class="prngen2" colspan="7"> <p class="prnews_p dnr"><span class="prnews_span">Consolidated Statements of Operations</span></p> </td> </tr> <tr> <td class="prngen2" colspan="7"> <p class="prnews_p dnr"><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 dnr"><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 dnr"><span class="prnews_span">Six months ended</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="prngen2"> <p class="prnews_p dnr"><span class="prnews_span">June 30,</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen2"> <p class="prnews_p dnr"><span class="prnews_span">June 30,</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="prngen5"> <p class="prnews_p dnr"><span class="prnews_span">2019</span></p> </td> <td class="prngen3">&nbsp;</td> <td class="prngen5"> <p class="prnews_p dnr"><span class="prnews_span">2018</span></p> </td> </tr> <tr> <td class="prngen6" colspan="4"> <p class="prnews_p dnr"><span class="prnews_span">Revenue:</span></p> </td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> </tr> <tr> <td class="prngen7">&nbsp;</td> <td class="prngen6" colspan="3"> <p class="prnews_p dnr"><span class="prnews_span">Product</span></p> </td> <td class="prngen7"> <p class="prnews_p dnr"><span class="prnews_span">$ &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 119,539</span></p> </td> <td class="prngen7">&nbsp;</td> <td class="prngen7"> <p class="prnews_p dnr"><span class="prnews_span">$ &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 114,654</span></p> </td> </tr> <tr> <td class="prngen7">&nbsp;</td> <td class="prngen6" colspan="3"> <p class="prnews_p dnr"><span class="prnews_span">Service</span></p> </td> <td class="prngen8"> <p class="prnews_p dnr"><span class="prnews_span">144,810</span></p> </td> <td class="prngen7">&nbsp;</td> <td class="prngen8"> <p class="prnews_p dnr"><span class="prnews_span">143,887</span></p> </td> </tr> <tr> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen6" colspan="2"> <p class="prnews_p dnr"><span class="prnews_span">Total revenue</span></p> </td> <td class="prngen9"> <p class="prnews_p dnr"><span class="prnews_span">264,349</span></p> </td> <td class="prngen7">&nbsp;</td> <td class="prngen9"> <p class="prnews_p dnr"><span class="prnews_span">258,541</span></p> </td> </tr> <tr> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> </tr> <tr> <td class="prngen6" colspan="4"> <p class="prnews_p dnr"><span class="prnews_span">Cost of revenue:</span></p> </td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> </tr> <tr> <td class="prngen7">&nbsp;</td> <td class="prngen6" colspan="3"> <p class="prnews_p dnr"><span class="prnews_span">Product</span></p> </td> <td class="prngen7"> <p class="prnews_p dnr"><span class="prnews_span">69,580</span></p> </td> <td class="prngen7">&nbsp;</td> <td class="prngen7"> <p class="prnews_p dnr"><span class="prnews_span">63,292</span></p> </td> </tr> <tr> <td class="prngen7">&nbsp;</td> <td class="prngen6" colspan="3"> <p class="prnews_p dnr"><span class="prnews_span">Service</span></p> </td> <td class="prngen8"> <p class="prnews_p dnr"><span class="prnews_span">57,507</span></p> </td> <td class="prngen7">&nbsp;</td> <td class="prngen8"> <p class="prnews_p dnr"><span class="prnews_span">64,865</span></p> </td> </tr> <tr> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen6" colspan="2"> <p class="prnews_p dnr"><span class="prnews_span">Total cost of revenue</span></p> </td> <td class="prngen9"> <p class="prnews_p dnr"><span class="prnews_span">127,087</span></p> </td> <td class="prngen7">&nbsp;</td> <td class="prngen9"> <p class="prnews_p dnr"><span class="prnews_span">128,157</span></p> </td> </tr> <tr> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen10">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen10">&nbsp;</td> </tr> <tr> <td class="prngen6" colspan="4"> <p class="prnews_p dnr"><span class="prnews_span">Gross profit</span></p> </td> <td class="prngen8"> <p class="prnews_p dnr"><span class="prnews_span">137,262</span></p> </td> <td class="prngen7">&nbsp;</td> <td class="prngen8"> <p class="prnews_p dnr"><span class="prnews_span">130,384</span></p> </td> </tr> <tr> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> </tr> <tr> <td class="prngen6" colspan="4"> <p class="prnews_p dnr"><span class="prnews_span">Gross margin:</span></p> </td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> </tr> <tr> <td class="prngen7">&nbsp;</td> <td class="prngen6" colspan="3"> <p class="prnews_p dnr"><span class="prnews_span">Product</span></p> </td> <td class="prngen11"> <p class="prnews_p dnr"><span class="prnews_span">41.8%</span></p> </td> <td class="prngen7">&nbsp;</td> <td class="prngen11"> <p class="prnews_p dnr"><span class="prnews_span">44.8%</span></p> </td> </tr> <tr> <td class="prngen7">&nbsp;</td> <td class="prngen6" colspan="3"> <p class="prnews_p dnr"><span class="prnews_span">Service</span></p> </td> <td class="prngen11"> <p class="prnews_p dnr"><span class="prnews_span">60.3%</span></p> </td> <td class="prngen7">&nbsp;</td> <td class="prngen11"> <p class="prnews_p dnr"><span class="prnews_span">54.9%</span></p> </td> </tr> <tr> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen6" colspan="2"> <p class="prnews_p dnr"><span class="prnews_span">Total gross margin</span></p> </td> <td class="prngen11"> <p class="prnews_p dnr"><span class="prnews_span">51.9%</span></p> </td> <td class="prngen7">&nbsp;</td> <td class="prngen11"> <p class="prnews_p dnr"><span class="prnews_span">50.4%</span></p> </td> </tr> <tr> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> </tr> <tr> <td class="prngen6" colspan="4"> <p class="prnews_p dnr"><span class="prnews_span">Operating expenses:</span></p> </td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> </tr> <tr> <td class="prngen7">&nbsp;</td> <td class="prngen6" colspan="3"> <p class="prnews_p dnr"><span class="prnews_span">Research and development</span></p> </td> <td class="prngen7"> <p class="prnews_p dnr"><span class="prnews_span">71,234</span></p> </td> <td class="prngen7">&nbsp;</td> <td class="prngen7"> <p class="prnews_p dnr"><span class="prnews_span">74,653</span></p> </td> </tr> <tr> <td class="prngen7">&nbsp;</td> <td class="prngen6" colspan="3"> <p class="prnews_p dnr"><span class="prnews_span">Sales and marketing</span></p> </td> <td class="prngen7"> <p class="prnews_p dnr"><span class="prnews_span">58,952</span></p> </td> <td class="prngen7">&nbsp;</td> <td class="prngen7"> <p class="prnews_p dnr"><span class="prnews_span">62,664</span></p> </td> </tr> <tr> <td class="prngen7">&nbsp;</td> <td class="prngen6" colspan="3"> <p class="prnews_p dnr"><span class="prnews_span">General and administrative</span></p> </td> <td class="prngen7"> <p class="prnews_p dnr"><span class="prnews_span">31,160</span></p> </td> <td class="prngen7">&nbsp;</td> <td class="prngen7"> <p class="prnews_p dnr"><span class="prnews_span">30,629</span></p> </td> </tr> <tr> <td class="prngen7">&nbsp;</td> <td class="prngen6" colspan="3"> <p class="prnews_p dnr"><span class="prnews_span">Acquisition- and integration-related</span></p> </td> <td class="prngen7"> <p class="prnews_p dnr"><span class="prnews_span">5,164</span></p> </td> <td class="prngen7">&nbsp;</td> <td class="prngen7"> <p class="prnews_p dnr"><span class="prnews_span">8,692</span></p> </td> </tr> <tr> <td class="prngen7">&nbsp;</td> <td class="prngen6" colspan="3"> <p class="prnews_p dnr"><span class="prnews_span">Restructuring and related</span></p> </td> <td class="prngen7"> <p class="prnews_p dnr"><span class="prnews_span">14,076</span></p> </td> <td class="prngen7">&nbsp;</td> <td class="prngen7"> <p class="prnews_p dnr"><span class="prnews_span">12,765</span></p> </td> </tr> <tr> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen6" colspan="2"> <p class="prnews_p dnr"><span class="prnews_span">Total operating expenses</span></p> </td> <td class="prngen12"> <p class="prnews_p dnr"><span class="prnews_span">180,586</span></p> </td> <td class="prngen7">&nbsp;</td> <td class="prngen12"> <p class="prnews_p dnr"><span class="prnews_span">189,403</span></p> </td> </tr> <tr> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> </tr> <tr> <td class="prngen6" colspan="4"> <p class="prnews_p dnr"><span class="prnews_span">Loss from operations</span></p> </td> <td class="prngen13"> <p class="prnews_p dnr"><span class="prnews_span">(43,324)</span></p> </td> <td class="prngen7">&nbsp;</td> <td class="prngen13"> <p class="prnews_p dnr"><span class="prnews_span">(59,019)</span></p> </td> </tr> <tr> <td class="prngen6" colspan="4"> <p class="prnews_p dnr"><span class="prnews_span">Interest expense, net</span></p> </td> <td class="prngen13"> <p class="prnews_p dnr"><span class="prnews_span">(2,626)</span></p> </td> <td class="prngen7">&nbsp;</td> <td class="prngen13"> <p class="prnews_p dnr"><span class="prnews_span">(1,334)</span></p> </td> </tr> <tr> <td class="prngen6" colspan="4"> <p class="prnews_p dnr"><span class="prnews_span">Other income (expense), net</span></p> </td> <td class="prngen8"> <p class="prnews_p dnr"><span class="prnews_span">70,635</span></p> </td> <td class="prngen7">&nbsp;</td> <td class="prngen14"> <p class="prnews_p dnr"><span class="prnews_span">(1,804)</span></p> </td> </tr> <tr> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> </tr> <tr> <td class="prngen6" colspan="4"> <p class="prnews_p dnr"><span class="prnews_span">Income (loss) before income taxes</span></p> </td> <td class="prngen7"> <p class="prnews_p dnr"><span class="prnews_span">24,685</span></p> </td> <td class="prngen7">&nbsp;</td> <td class="prngen13"> <p class="prnews_p dnr"><span class="prnews_span">(62,157)</span></p> </td> </tr> <tr> <td class="prngen6" colspan="4"> <p class="prnews_p dnr"><span class="prnews_span">Income tax provision</span></p> </td> <td class="prngen14"> <p class="prnews_p dnr"><span class="prnews_span">(6,047)</span></p> </td> <td class="prngen7">&nbsp;</td> <td class="prngen14"> <p class="prnews_p dnr"><span class="prnews_span">(2,669)</span></p> </td> </tr> <tr> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> </tr> <tr> <td class="prngen6" colspan="4"> <p class="prnews_p dnr"><span class="prnews_span">Net income (loss)</span></p> </td> <td class="prngen15"> <p class="prnews_p dnr"><span class="prnews_span">$ &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 18,638</span></p> </td> <td class="prngen7">&nbsp;</td> <td class="prngen16"> <p class="prnews_p dnr"><span class="prnews_span">$ &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; (64,826)</span></p> </td> </tr> <tr> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> </tr> <tr> <td class="prngen6" colspan="4"> <p class="prnews_p dnr"><span class="prnews_span">Earnings (loss) per share:</span></p> </td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> </tr> <tr> <td class="prngen7">&nbsp;</td> <td class="prngen6" colspan="2"> <p class="prnews_p dnr"><span class="prnews_span">Basic</span></p> </td> <td class="prngen7">&nbsp;</td> <td class="prngen7"> <p class="prnews_p dnr"><span class="prnews_span">$ &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 0.17</span></p> </td> <td class="prngen7">&nbsp;</td> <td class="prngen13"> <p class="prnews_p dnr"><span class="prnews_span">$ &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; (0.64)</span></p> </td> </tr> <tr> <td class="prngen7">&nbsp;</td> <td class="prngen6" colspan="3"> <p class="prnews_p dnr"><span class="prnews_span">Diluted</span></p> </td> <td class="prngen7"> <p class="prnews_p dnr"><span class="prnews_span">$ &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 0.17</span></p> </td> <td class="prngen7">&nbsp;</td> <td class="prngen13"> <p class="prnews_p dnr"><span class="prnews_span">$ &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; (0.64)</span></p> </td> </tr> <tr> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> </tr> <tr> <td class="prngen6" colspan="4"> <p class="prnews_p dnr"><span class="prnews_span">Shares used to compute earnings (loss) per share:</span></p> </td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> </tr> <tr> <td class="prngen7">&nbsp;</td> <td class="prngen6" colspan="2"> <p class="prnews_p dnr"><span class="prnews_span">Basic</span></p> </td> <td class="prngen7">&nbsp;</td> <td class="prngen7"> <p class="prnews_p dnr"><span class="prnews_span">109,239</span></p> </td> <td class="prngen7">&nbsp;</td> <td class="prngen7"> <p class="prnews_p dnr"><span class="prnews_span">102,039</span></p> </td> </tr> <tr> <td class="prngen7">&nbsp;</td> <td class="prngen6" colspan="3"> <p class="prnews_p dnr"><span class="prnews_span">Diluted</span></p> </td> <td class="prngen7"> <p class="prnews_p dnr"><span class="prnews_span">109,672</span></p> </td> <td class="prngen7">&nbsp;</td> <td class="prngen7"> <p class="prnews_p dnr"><span class="prnews_span">102,039</span></p> </td> </tr> <tr> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> </tr> <tr> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> </tr> <tr> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> <td class="prngen7">&nbsp;</td> </tr> </tbody> </table> </div> </div> </div> <div> <div class="divOverflow"> <div class="table-responsive"> <table border="0" cellpadding="0" cellspacing="0" class="prntblns"> <tbody> <tr> <td class="prngen2" colspan="7"> <p class="prnews_p dnr"><span class="prnews_span">RIBBON COMMUNICATIONS INC.</span></p> </td> </tr> <tr> <td class="prngen2" colspan="7"> <p class="prnews_p dnr"><span class="prnews_span">Consolidated Balance Sheets</span></p> </td> </tr> <tr> <td class="prngen2" colspan="7"> <p class="prnews_p dnr"><span class="prnews_span">(in thousands)</span></p> </td> </tr> <tr> <td class="prngen2" colspan="7"> <p class="prnews_p dnr"><span class="prnews_span">(unaudited)</span></p> </td> </tr> <tr> <td class="prngen7 prnpr8">&nbsp;</td> <td class="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</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="prngen3 prnpr8">&nbsp;</td> <td class="prngen18">&nbsp;</td> <td class="prngen18">&nbsp;</td> </tr> <tr> <td class="prngen18">&nbsp;</td> <td class="prngen18">&nbsp;</td> <td class="prngen18">&nbsp;</td> <td class="prngen18">&nbsp;</td> <td class="prngen2"> <p class="prnews_p dnr"><span class="prnews_span">June 30,</span></p> </td> <td class="prngen18">&nbsp;</td> <td class="prngen2"> <p class="prnews_p dnr"><span class="prnews_span">December 31,</span></p> </td> </tr> <tr> <td class="prngen18">&nbsp;</td> <td class="prngen18">&nbsp;</td> <td class="prngen18">&nbsp;</td> <td class="prngen18">&nbsp;</td> <td class="prngen5 prnpr8"> <p class="prnews_p dnr"><span class="prnews_span">2019</span></p> </td> <td class="prngen18">&nbsp;</td> <td class="prngen19"> <p class="prnews_p dnr"><span class="prnews_span">2018</span></p> </td> </tr> <tr> <td class="prngen2" colspan="4"> <p class="prnews_p dnr"><span class="prnews_span"><b>Assets</b></span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</td> </tr> <tr> <td class="prngen6" colspan="4"> <p class="prnews_p dnr"><span class="prnews_span">Current assets:</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</td> </tr> <tr> <td class="prngen17">&nbsp;</td> <td class="prngen6" colspan="3"> <p class="prnews_p dnr"><span class="prnews_span">Cash and cash equivalents</span></p> </td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">$ &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 51,186</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">$ &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 43,694</span></p> </td> </tr> <tr> <td class="prngen17">&nbsp;</td> <td class="prngen6" colspan="3"> <p class="prnews_p dnr"><span class="prnews_span">Marketable securities</span></p> </td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">-</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">7,284</span></p> </td> </tr> <tr> <td class="prngen17">&nbsp;</td> <td class="prngen6" colspan="3"> <p class="prnews_p dnr"><span class="prnews_span">Accounts receivable, net</span></p> </td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">155,415</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">187,853</span></p> </td> </tr> <tr> <td class="prngen17">&nbsp;</td> <td class="prngen6" colspan="3"> <p class="prnews_p dnr"><span class="prnews_span">Inventory</span></p> </td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">16,509</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">22,602</span></p> </td> </tr> <tr> <td class="prngen17">&nbsp;</td> <td class="prngen6" colspan="3"> <p class="prnews_p dnr"><span class="prnews_span">Other current assets</span></p> </td> <td class="prngen8 prnpr8"> <p class="prnews_p dnr"><span class="prnews_span">27,484</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen20"> <p class="prnews_p dnr"><span class="prnews_span">17,002</span></p> </td> </tr> <tr> <td class="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</td> <td class="prngen6" colspan="2"> <p class="prnews_p dnr"><span class="prnews_span">Total current assets</span></p> </td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">250,594</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">278,435</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="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</td> </tr> <tr> <td class="prngen6" colspan="4"> <p class="prnews_p dnr"><span class="prnews_span">Property and equipment, net</span></p> </td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">28,297</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">27,042</span></p> </td> </tr> <tr> <td class="prngen6" colspan="4"> <p class="prnews_p dnr"><span class="prnews_span">Intangible assets, net</span></p> </td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">238,022</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">251,391</span></p> </td> </tr> <tr> <td class="prngen6" colspan="3"> <p class="prnews_p dnr"><span class="prnews_span">Goodwill</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">389,196</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">383,655</span></p> </td> </tr> <tr> <td class="prngen6" colspan="4"> <p class="prnews_p dnr"><span class="prnews_span">Deferred income taxes</span></p> </td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">5,785</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">9,152</span></p> </td> </tr> <tr> <td class="prngen6" colspan="4"> <p class="prnews_p dnr"><span class="prnews_span">Operating lease right-of-use assets</span></p> </td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">40,029</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">-</span></p> </td> </tr> <tr> <td class="prngen6" colspan="4"> <p class="prnews_p dnr"><span class="prnews_span">Other assets</span></p> </td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">25,021</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">7,484</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="prngen21"> <p class="prnews_p dnr"><span class="prnews_span">$ &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 976,944</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen21"> <p class="prnews_p dnr"><span class="prnews_span">$ &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 957,159</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="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</td> </tr> <tr> <td class="prngen2" colspan="4"> <p class="prnews_p dnr"><span class="prnews_span"><b>Liabilities and Stockholders' Equity</b></span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</td> </tr> <tr> <td class="prngen6" colspan="4"> <p class="prnews_p dnr"><span class="prnews_span">Current liabilities:</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</td> </tr> <tr> <td class="prngen17">&nbsp;</td> <td class="prngen6" colspan="3"> <p class="prnews_p dnr"><span class="prnews_span">Current portion of long-term debt</span></p> </td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">$ &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 2,500</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">$ &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;-</span></p> </td> </tr> <tr> <td class="prngen17">&nbsp;</td> <td class="prngen6" colspan="3"> <p class="prnews_p dnr"><span class="prnews_span">Revolving credit facility</span></p> </td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">35,000</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">55,000</span></p> </td> </tr> <tr> <td class="prngen17">&nbsp;</td> <td class="prngen6" colspan="3"> <p class="prnews_p dnr"><span class="prnews_span">Accounts payable</span></p> </td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">33,499</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">45,304</span></p> </td> </tr> <tr> <td class="prngen17">&nbsp;</td> <td class="prngen6" colspan="3"> <p class="prnews_p dnr"><span class="prnews_span">Accrued expenses and other</span></p> </td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">54,693</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">84,263</span></p> </td> </tr> <tr> <td class="prngen17">&nbsp;</td> <td class="prngen6" colspan="3"> <p class="prnews_p dnr"><span class="prnews_span">Operating lease liabilities</span></p> </td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">7,800</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">-</span></p> </td> </tr> <tr> <td class="prngen17">&nbsp;</td> <td class="prngen6" colspan="3"> <p class="prnews_p dnr"><span class="prnews_span">Deferred revenue</span></p> </td> <td class="prngen20"> <p class="prnews_p dnr"><span class="prnews_span">96,944</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen20"> <p class="prnews_p dnr"><span class="prnews_span">105,087</span></p> </td> </tr> <tr> <td class="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</td> <td class="prngen6" colspan="2"> <p class="prnews_p dnr"><span class="prnews_span">Total current liabilities</span></p> </td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">230,436</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">289,654</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="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</td> </tr> <tr> <td class="prngen6" colspan="4"> <p class="prnews_p dnr"><span class="prnews_span">Long-term debt, net of current</span></p> </td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">47,215</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">-</span></p> </td> </tr> <tr> <td class="prngen6" colspan="4"> <p class="prnews_p dnr"><span class="prnews_span">Long-term debt, related party</span></p> </td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">-</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">24,100</span></p> </td> </tr> <tr> <td class="prngen6" colspan="4"> <p class="prnews_p dnr"><span class="prnews_span">Operating lease liabilities, net of current</span></p> </td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">40,247</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">-</span></p> </td> </tr> <tr> <td class="prngen6" colspan="4"> <p class="prnews_p dnr"><span class="prnews_span">Deferred revenue, net of current</span></p> </td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">15,115</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">17,572</span></p> </td> </tr> <tr> <td class="prngen6" colspan="4"> <p class="prnews_p dnr"><span class="prnews_span">Deferred income taxes</span></p> </td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">5,031</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">4,738</span></p> </td> </tr> <tr> <td class="prngen6" colspan="4"> <p class="prnews_p dnr"><span class="prnews_span">Other long-term liabilities</span></p> </td> <td class="prngen20"> <p class="prnews_p dnr"><span class="prnews_span">12,331</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen20"> <p class="prnews_p dnr"><span class="prnews_span">30,797</span></p> </td> </tr> <tr> <td class="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</td> <td class="prngen6"> <p class="prnews_p dnr"><span class="prnews_span">Total liabilities</span></p> </td> <td class="prngen20"> <p class="prnews_p dnr"><span class="prnews_span">350,375</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen20"> <p class="prnews_p dnr"><span class="prnews_span">366,861</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="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</td> </tr> <tr> <td class="prngen6" colspan="4"> <p class="prnews_p dnr"><span class="prnews_span">Commitments and contingencies</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</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="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</td> </tr> <tr> <td class="prngen6" colspan="4"> <p class="prnews_p dnr"><span class="prnews_span">Stockholders' equity:</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</td> </tr> <tr> <td class="prngen17">&nbsp;</td> <td class="prngen6" colspan="3"> <p class="prnews_p dnr"><span class="prnews_span">Common stock</span></p> </td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">11</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">11</span></p> </td> </tr> <tr> <td class="prngen17">&nbsp;</td> <td class="prngen6" colspan="3"> <p class="prnews_p dnr"><span class="prnews_span">Additional paid-in capital</span></p> </td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">1,740,563</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">1,723,576</span></p> </td> </tr> <tr> <td class="prngen17">&nbsp;</td> <td class="prngen6" colspan="3"> <p class="prnews_p dnr"><span class="prnews_span">Accumulated deficit</span></p> </td> <td class="prngen11"> <p class="prnews_p dnr"><span class="prnews_span">(1,118,354)</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen11"> <p class="prnews_p dnr"><span class="prnews_span">(1,136,992)</span></p> </td> </tr> <tr> <td class="prngen17">&nbsp;</td> <td class="prngen6" colspan="3"> <p class="prnews_p dnr"><span class="prnews_span">Accumulated other comprehensive income</span></p> </td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">4,349</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">3,703</span></p> </td> </tr> <tr> <td class="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</td> <td class="prngen6"> <p class="prnews_p dnr"><span class="prnews_span">Total stockholders' equity</span></p> </td> <td class="prngen22"> <p class="prnews_p dnr"><span class="prnews_span">626,569</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen22"> <p class="prnews_p dnr"><span class="prnews_span">590,298</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="prngen23"> <p class="prnews_p dnr"><span class="prnews_span">$ &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 976,944</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen23"> <p class="prnews_p dnr"><span class="prnews_span">$ &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 957,159</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="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</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="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</td> </tr> </tbody> </table> </div> </div> </div> <div> <div class="divOverflow"> <div class="table-responsive"> <table border="0" cellpadding="0" cellspacing="0" class="prntblns"> <tbody> <tr> <td class="prngen2" colspan="8"> <p class="prnews_p dnr"><span class="prnews_span">RIBBON COMMUNICATIONS INC.</span></p> </td> </tr> <tr> <td class="prngen2" colspan="8"> <p class="prnews_p dnr"><span class="prnews_span">Consolidated Statements of Cash Flows</span></p> </td> </tr> <tr> <td class="prngen2" colspan="8"> <p class="prnews_p dnr"><span class="prnews_span">(in thousands)</span></p> </td> </tr> <tr> <td class="prngen2" colspan="8"> <p class="prnews_p dnr"><span class="prnews_span">(unaudited)</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="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</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="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</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="prngen17">&nbsp;</td> <td class="prngen4" colspan="3"> <p class="prnews_p dnr"><span class="prnews_span">Six months ended</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="prngen17">&nbsp;</td> <td class="prngen2"> <p class="prnews_p dnr"><span class="prnews_span">&nbsp;June 30,&nbsp;</span></p> </td> <td class="prngen18">&nbsp;</td> <td class="prngen2"> <p class="prnews_p dnr"><span class="prnews_span">&nbsp;June 30,&nbsp;</span></p> </td> </tr> <tr> <td class="prngen18">&nbsp;</td> <td class="prngen18">&nbsp;</td> <td class="prngen18">&nbsp;</td> <td class="prngen18">&nbsp;</td> <td class="prngen18">&nbsp;</td> <td class="prngen19"> <p class="prnews_p dnr"><span class="prnews_span">2019</span></p> </td> <td class="prngen18">&nbsp;</td> <td class="prngen19"> <p class="prnews_p dnr"><span class="prnews_span">2018</span></p> </td> </tr> <tr> <td class="prngen6" colspan="5"> <p class="prnews_p dnr"><span class="prnews_span">Cash flows from operating activities:</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</td> </tr> <tr> <td class="prngen17">&nbsp;</td> <td class="prngen6" colspan="4"> <p class="prnews_p dnr"><span class="prnews_span">Net income (loss)</span></p> </td> <td class="prngen17" nowrap="nowrap"> <p class="prnews_p dnr"><span class="prnews_span">$ &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 18,638</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p dnr"><span class="prnews_span">$ &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; (64,826)</span></p> </td> </tr> <tr> <td class="prngen17">&nbsp;</td> <td class="prngen6" colspan="4"> <p class="prnews_p dnr"><span class="prnews_span">Adjustments to reconcile net income (loss) to cash flows provided by (used in) operating activities:</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</td> </tr> <tr> <td class="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</td> <td class="prngen6" colspan="3"> <p class="prnews_p dnr"><span class="prnews_span">Depreciation and amortization of property and equipment</span></p> </td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">5,891</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">5,318</span></p> </td> </tr> <tr> <td class="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</td> <td class="prngen6" colspan="3"> <p class="prnews_p dnr"><span class="prnews_span">Amortization of intangible assets</span></p> </td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">24,569</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">24,273</span></p> </td> </tr> <tr> <td class="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</td> <td class="prngen6" colspan="3"> <p class="prnews_p dnr"><span class="prnews_span">Stock-based compensation</span></p> </td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">5,669</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">4,905</span></p> </td> </tr> <tr> <td class="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</td> <td class="prngen6" colspan="3"> <p class="prnews_p dnr"><span class="prnews_span">Deferred income taxes</span></p> </td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">4,358</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">817</span></p> </td> </tr> <tr> <td class="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</td> <td class="prngen6" colspan="3"> <p class="prnews_p dnr"><span class="prnews_span">Foreign currency exchange losses</span></p> </td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">521</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">2,079</span></p> </td> </tr> <tr> <td class="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</td> <td class="prngen6" colspan="3"> <p class="prnews_p dnr"><span class="prnews_span">Reduction in deferred purchase consideration</span></p> </td> <td class="prngen11"> <p class="prnews_p dnr"><span class="prnews_span">(8,124)</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">-</span></p> </td> </tr> <tr> <td class="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</td> <td class="prngen6" colspan="3"> <p class="prnews_p dnr"><span class="prnews_span">Changes in operating assets and liabilities:</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</td> </tr> <tr> <td class="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</td> <td class="prngen6" colspan="2"> <p class="prnews_p dnr"><span class="prnews_span">Accounts receivable</span></p> </td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">33,121</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">28,752</span></p> </td> </tr> <tr> <td class="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</td> <td class="prngen6" colspan="2"> <p class="prnews_p dnr"><span class="prnews_span">Inventory</span></p> </td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">6,159</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">2,077</span></p> </td> </tr> <tr> <td class="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</td> <td class="prngen6" colspan="2"> <p class="prnews_p dnr"><span class="prnews_span">Other operating assets</span></p> </td> <td class="prngen11"> <p class="prnews_p dnr"><span class="prnews_span">(20,851)</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen11"> <p class="prnews_p dnr"><span class="prnews_span">(275)</span></p> </td> </tr> <tr> <td class="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</td> <td class="prngen6" colspan="2"> <p class="prnews_p dnr"><span class="prnews_span">Accounts payable</span></p> </td> <td class="prngen11"> <p class="prnews_p dnr"><span class="prnews_span">(12,763)</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen11"> <p class="prnews_p dnr"><span class="prnews_span">(13,872)</span></p> </td> </tr> <tr> <td class="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</td> <td class="prngen6" colspan="2"> <p class="prnews_p dnr"><span class="prnews_span">Accrued expenses and other long-term liabilities</span></p> </td> <td class="prngen11"> <p class="prnews_p dnr"><span class="prnews_span">(17,129)</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen11"> <p class="prnews_p dnr"><span class="prnews_span">(15,203)</span></p> </td> </tr> <tr> <td class="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</td> <td class="prngen6" colspan="2"> <p class="prnews_p dnr"><span class="prnews_span">Deferred revenue</span></p> </td> <td class="prngen11"> <p class="prnews_p dnr"><span class="prnews_span">(10,940)</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">3,264</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"> <p class="prnews_p dnr"><span class="prnews_span">Net cash provided by (used in) operating activities</span></p> </td> <td class="prngen22"> <p class="prnews_p dnr"><span class="prnews_span">29,119</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen12 prnpr6"> <p class="prnews_p dnr"><span class="prnews_span">(22,691)</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="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</td> </tr> <tr> <td class="prngen6" colspan="5"> <p class="prnews_p dnr"><span class="prnews_span">Cash flows from investing activities:</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</td> </tr> <tr> <td class="prngen17">&nbsp;</td> <td class="prngen6" colspan="4"> <p class="prnews_p dnr"><span class="prnews_span">Purchases of property and equipment</span></p> </td> <td class="prngen11"> <p class="prnews_p dnr"><span class="prnews_span">(6,153)</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen11"> <p class="prnews_p dnr"><span class="prnews_span">(3,492)</span></p> </td> </tr> <tr> <td class="prngen17">&nbsp;</td> <td class="prngen6" colspan="4"> <p class="prnews_p dnr"><span class="prnews_span">Maturities of marketable securities</span></p> </td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">7,295</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">4,278</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"> <p class="prnews_p dnr"><span class="prnews_span">Net cash provided by investing activities</span></p> </td> <td class="prngen22"> <p class="prnews_p dnr"><span class="prnews_span">1,142</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen22"> <p class="prnews_p dnr"><span class="prnews_span">786</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="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</td> </tr> <tr> <td class="prngen6" colspan="5"> <p class="prnews_p dnr"><span class="prnews_span">Cash flows from financing activities:</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</td> </tr> <tr> <td class="prngen17">&nbsp;</td> <td class="prngen6" colspan="4"> <p class="prnews_p dnr"><span class="prnews_span">Borrowings under revolving line of credit</span></p> </td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">92,000</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">25,000</span></p> </td> </tr> <tr> <td class="prngen17">&nbsp;</td> <td class="prngen6" colspan="4"> <p class="prnews_p dnr"><span class="prnews_span">Principal payments on revolving line of credit</span></p> </td> <td class="prngen11"> <p class="prnews_p dnr"><span class="prnews_span">(112,000)</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen11"> <p class="prnews_p dnr"><span class="prnews_span">(25,000)</span></p> </td> </tr> <tr> <td class="prngen17">&nbsp;</td> <td class="prngen6" colspan="4"> <p class="prnews_p dnr"><span class="prnews_span">Proceeds from issuance of long-term debt</span></p> </td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">50,000</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">-</span></p> </td> </tr> <tr> <td class="prngen17">&nbsp;</td> <td class="prngen6" colspan="4"> <p class="prnews_p dnr"><span class="prnews_span">Principal payment of debt, related party</span></p> </td> <td class="prngen11"> <p class="prnews_p dnr"><span class="prnews_span">(24,716)</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">-</span></p> </td> </tr> <tr> <td class="prngen17">&nbsp;</td> <td class="prngen6" colspan="4"> <p class="prnews_p dnr"><span class="prnews_span">Payment of deferred purchase consideration</span></p> </td> <td class="prngen11"> <p class="prnews_p dnr"><span class="prnews_span">(21,876)</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">-</span></p> </td> </tr> <tr> <td class="prngen17">&nbsp;</td> <td class="prngen6" colspan="4"> <p class="prnews_p dnr"><span class="prnews_span">Principal payments on financing leases</span></p> </td> <td class="prngen11"> <p class="prnews_p dnr"><span class="prnews_span">(500)</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen11"> <p class="prnews_p dnr"><span class="prnews_span">(293)</span></p> </td> </tr> <tr> <td class="prngen17">&nbsp;</td> <td class="prngen6" colspan="4"> <p class="prnews_p dnr"><span class="prnews_span">Payment of debt issuance costs</span></p> </td> <td class="prngen11"> <p class="prnews_p dnr"><span class="prnews_span">(884)</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen11"> <p class="prnews_p dnr"><span class="prnews_span">(624)</span></p> </td> </tr> <tr> <td class="prngen17">&nbsp;</td> <td class="prngen6" colspan="4"> <p class="prnews_p dnr"><span class="prnews_span">Proceeds from the exercise of stock options</span></p> </td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">190</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">10</span></p> </td> </tr> <tr> <td class="prngen17">&nbsp;</td> <td class="prngen6" colspan="4"> <p class="prnews_p dnr"><span class="prnews_span">Proceeds from the sale of common stock in connection with employee stock purchase plan</span></p> </td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">506</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">-</span></p> </td> </tr> <tr> <td class="prngen17">&nbsp;</td> <td class="prngen6" colspan="4"> <p class="prnews_p dnr"><span class="prnews_span">Payment of tax withholding obligations related to net share settlements of restricted stock awards</span></p> </td> <td class="prngen11"> <p class="prnews_p dnr"><span class="prnews_span">(1,080)</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen11"> <p class="prnews_p dnr"><span class="prnews_span">(716)</span></p> </td> </tr> <tr> <td class="prngen17">&nbsp;</td> <td class="prngen6" colspan="4"> <p class="prnews_p dnr"><span class="prnews_span">Repurchase of common stock</span></p> </td> <td class="prngen11"> <p class="prnews_p dnr"><span class="prnews_span">(4,536)</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">-</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"> <p class="prnews_p dnr"><span class="prnews_span">Net cash used in financing activities</span></p> </td> <td class="prngen24"> <p class="prnews_p dnr"><span class="prnews_span">(22,896)</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen24"> <p class="prnews_p dnr"><span class="prnews_span">(1,623)</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="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</td> </tr> <tr> <td class="prngen6" colspan="5"> <p class="prnews_p dnr"><span class="prnews_span">Effect of exchange rate changes on cash and cash equivalents</span></p> </td> <td class="prngen20"> <p class="prnews_p dnr"><span class="prnews_span">127</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen25"> <p class="prnews_p dnr"><span class="prnews_span">(134)</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="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</td> </tr> <tr> <td class="prngen6" colspan="5"> <p class="prnews_p dnr"><span class="prnews_span">Net increase (decrease) in cash and cash equivalents</span></p> </td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">7,492</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen11"> <p class="prnews_p dnr"><span class="prnews_span">(23,662)</span></p> </td> </tr> <tr> <td class="prngen6" colspan="5"> <p class="prnews_p dnr"><span class="prnews_span">Cash and cash equivalents, beginning of year</span></p> </td> <td class="prngen20"> <p class="prnews_p dnr"><span class="prnews_span">43,694</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen20"> <p class="prnews_p dnr"><span class="prnews_span">57,073</span></p> </td> </tr> <tr> <td class="prngen6" colspan="5"> <p class="prnews_p dnr"><span class="prnews_span">Cash and cash equivalents, end of period</span></p> </td> <td class="prngen23"> <p class="prnews_p dnr"><span class="prnews_span">$ &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 51,186</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prnsbtb1 prnsbr1 prnvab prnsbbd prntar prnpl6 prnsbl1 prnpr8" nowrap="nowrap"> <p class="prnews_p dnr"><span class="prnews_span">$ &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 33,411</span></p> </td> </tr> </tbody> </table> </div> </div> </div> <div> <div class="divOverflow"> <div class="table-responsive"> <table border="0" cellpadding="0" cellspacing="0" class="prntblns"> <tbody> <tr> <td class="prngen2" colspan="13"> <p class="prnews_p dnr"><span class="prnews_span">RIBBON COMMUNICATIONS INC.</span></p> </td> </tr> <tr> <td class="prngen2" colspan="13"> <p class="prnews_p dnr"><span class="prnews_span">Supplemental Information</span></p> </td> </tr> <tr> <td class="prngen2" colspan="13"> <p class="prnews_p dnr"><span class="prnews_span">(in thousands)</span></p> </td> </tr> <tr> <td class="prngen2" colspan="13"> <p class="prnews_p dnr"><span class="prnews_span">(unaudited)</span></p> </td> </tr> <tr> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> </tr> <tr> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> </tr> <tr> <td class="prngen6" colspan="13"> <p class="prnews_p dnr"><span class="prnews_span">The following tables provide the details of stock-based compensation and amortization 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.&nbsp;&nbsp;</span></p> </td> </tr> <tr> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> <td class="prngen2">&nbsp;</td> <td class="prngen2">&nbsp;</td> <td class="prngen2">&nbsp;</td> <td class="prngen2">&nbsp;</td> <td class="prngen2">&nbsp;</td> <td class="prngen2">&nbsp;</td> <td class="prngen2">&nbsp;</td> <td class="prngen2">&nbsp;</td> <td class="prngen2">&nbsp;</td> </tr> <tr> <td class="prngen2">&nbsp;</td> <td class="prngen2">&nbsp;</td> <td class="prngen2">&nbsp;</td> <td class="prngen2">&nbsp;</td> <td class="prngen4" colspan="5"> <p class="prnews_p dnr"><span class="prnews_span">&nbsp;Three months ended&nbsp;</span></p> </td> <td class="prngen2">&nbsp;</td> <td class="prngen4" colspan="3"> <p class="prnews_p dnr"><span class="prnews_span">&nbsp;Six months ended&nbsp;</span></p> </td> </tr> <tr> <td class="prngen2">&nbsp;</td> <td class="prngen2">&nbsp;</td> <td class="prngen2">&nbsp;</td> <td class="prngen2">&nbsp;</td> <td class="prngen2"> <p class="prnews_p dnr"><span class="prnews_span">June 30,</span></p> </td> <td class="prngen2">&nbsp;</td> <td class="prngen2"> <p class="prnews_p dnr"><span class="prnews_span">March 31,</span></p> </td> <td class="prngen2">&nbsp;</td> <td class="prngen2"> <p class="prnews_p dnr"><span class="prnews_span">June 30,</span></p> </td> <td class="prngen2">&nbsp;</td> <td class="prngen2"> <p class="prnews_p dnr"><span class="prnews_span">June 30,</span></p> </td> <td class="prngen2">&nbsp;</td> <td class="prngen2"> <p class="prnews_p dnr"><span class="prnews_span">June 30,</span></p> </td> </tr> <tr> <td class="prngen2">&nbsp;</td> <td class="prngen2">&nbsp;</td> <td class="prngen2">&nbsp;</td> <td class="prngen2">&nbsp;</td> <td class="prngen5 prnpr6"> <p class="prnews_p dnr"><span class="prnews_span">2019</span></p> </td> <td class="prngen2">&nbsp;</td> <td class="prngen27"> <p class="prnews_p dnr"><span class="prnews_span">2019</span></p> </td> <td class="prngen2">&nbsp;</td> <td class="prngen27"> <p class="prnews_p dnr"><span class="prnews_span">2018</span></p> </td> <td class="prngen2">&nbsp;</td> <td class="prngen27"> <p class="prnews_p dnr"><span class="prnews_span">2019</span></p> </td> <td class="prngen2">&nbsp;</td> <td class="prngen27"> <p class="prnews_p dnr"><span class="prnews_span">2018</span></p> </td> </tr> <tr> <td class="prngen6" colspan="4"> <p class="prnews_p dnr"><span class="prnews_span"><b>&nbsp; Stock-based compensation</b></span></p> </td> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> </tr> <tr> <td class="prngen6" colspan="4"> <p class="prnews_p dnr"><span class="prnews_span">&nbsp; Cost of revenue - product</span></p> </td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p dnr"><span class="prnews_span">$ &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 22</span></p> </td> <td class="prngen11">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p dnr"><span class="prnews_span">$ &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 14</span></p> </td> <td class="prngen11">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p dnr"><span class="prnews_span">$ &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 19</span></p> </td> <td class="prngen11">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p dnr"><span class="prnews_span">$ &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 36</span></p> </td> <td class="prngen11">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p dnr"><span class="prnews_span">$ &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 70</span></p> </td> </tr> <tr> <td class="prngen6" colspan="4"> <p class="prnews_p dnr"><span class="prnews_span">&nbsp; Cost of revenue - service</span></p> </td> <td class="prngen25"> <p class="prnews_p dnr"><span class="prnews_span">151</span></p> </td> <td class="prngen11">&nbsp;</td> <td class="prngen25"> <p class="prnews_p dnr"><span class="prnews_span">92</span></p> </td> <td class="prngen11">&nbsp;</td> <td class="prngen25"> <p class="prnews_p dnr"><span class="prnews_span">67</span></p> </td> <td class="prngen11">&nbsp;</td> <td class="prngen25"> <p class="prnews_p dnr"><span class="prnews_span">243</span></p> </td> <td class="prngen11">&nbsp;</td> <td class="prngen25"> <p class="prnews_p dnr"><span class="prnews_span">199</span></p> </td> </tr> <tr> <td class="prngen11">&nbsp;</td> <td class="prngen6" colspan="3"> <p class="prnews_p dnr"><span class="prnews_span">Cost of revenue</span></p> </td> <td class="prngen9 prnpr6"> <p class="prnews_p dnr"><span class="prnews_span">173</span></p> </td> <td class="prngen11">&nbsp;</td> <td class="prngen28"> <p class="prnews_p dnr"><span class="prnews_span">106</span></p> </td> <td class="prngen11">&nbsp;</td> <td class="prngen28"> <p class="prnews_p dnr"><span class="prnews_span">86</span></p> </td> <td class="prngen11">&nbsp;</td> <td class="prngen28"> <p class="prnews_p dnr"><span class="prnews_span">279</span></p> </td> <td class="prngen11">&nbsp;</td> <td class="prngen28"> <p class="prnews_p dnr"><span class="prnews_span">269</span></p> </td> </tr> <tr> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> </tr> <tr> <td class="prngen6" colspan="4"> <p class="prnews_p dnr"><span class="prnews_span">&nbsp; Research and development expense</span></p> </td> <td class="prngen11"> <p class="prnews_p dnr"><span class="prnews_span">331</span></p> </td> <td class="prngen11">&nbsp;</td> <td class="prngen11"> <p class="prnews_p dnr"><span class="prnews_span">507</span></p> </td> <td class="prngen11">&nbsp;</td> <td class="prngen11"> <p class="prnews_p dnr"><span class="prnews_span">151</span></p> </td> <td class="prngen11">&nbsp;</td> <td class="prngen11"> <p class="prnews_p dnr"><span class="prnews_span">838</span></p> </td> <td class="prngen11">&nbsp;</td> <td class="prngen11"> <p class="prnews_p dnr"><span class="prnews_span">1,051</span></p> </td> </tr> <tr> <td class="prngen6" colspan="4"> <p class="prnews_p dnr"><span class="prnews_span">&nbsp; Sales and marketing expense</span></p> </td> <td class="prngen11"> <p class="prnews_p dnr"><span class="prnews_span">560</span></p> </td> <td class="prngen11">&nbsp;</td> <td class="prngen11"> <p class="prnews_p dnr"><span class="prnews_span">984</span></p> </td> <td class="prngen11">&nbsp;</td> <td class="prngen11"> <p class="prnews_p dnr"><span class="prnews_span">485</span></p> </td> <td class="prngen11">&nbsp;</td> <td class="prngen11"> <p class="prnews_p dnr"><span class="prnews_span">1,544</span></p> </td> <td class="prngen11">&nbsp;</td> <td class="prngen11"> <p class="prnews_p dnr"><span class="prnews_span">1,359</span></p> </td> </tr> <tr> <td class="prngen6" colspan="4"> <p class="prnews_p dnr"><span class="prnews_span">&nbsp; General and administrative expense</span></p> </td> <td class="prngen25"> <p class="prnews_p dnr"><span class="prnews_span">466</span></p> </td> <td class="prngen11">&nbsp;</td> <td class="prngen25"> <p class="prnews_p dnr"><span class="prnews_span">2,542</span></p> </td> <td class="prngen11">&nbsp;</td> <td class="prngen25"> <p class="prnews_p dnr"><span class="prnews_span">1,359</span></p> </td> <td class="prngen11">&nbsp;</td> <td class="prngen25"> <p class="prnews_p dnr"><span class="prnews_span">3,008</span></p> </td> <td class="prngen11">&nbsp;</td> <td class="prngen25"> <p class="prnews_p dnr"><span class="prnews_span">2,226</span></p> </td> </tr> <tr> <td class="prngen11">&nbsp;</td> <td class="prngen6" colspan="3"> <p class="prnews_p dnr"><span class="prnews_span">Operating expense</span></p> </td> <td class="prngen25"> <p class="prnews_p dnr"><span class="prnews_span">1,357</span></p> </td> <td class="prngen11">&nbsp;</td> <td class="prngen25"> <p class="prnews_p dnr"><span class="prnews_span">4,033</span></p> </td> <td class="prngen11">&nbsp;</td> <td class="prngen25"> <p class="prnews_p dnr"><span class="prnews_span">1,995</span></p> </td> <td class="prngen11">&nbsp;</td> <td class="prngen25"> <p class="prnews_p dnr"><span class="prnews_span">5,390</span></p> </td> <td class="prngen11">&nbsp;</td> <td class="prngen25"> <p class="prnews_p dnr"><span class="prnews_span">4,636</span></p> </td> </tr> <tr> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> </tr> <tr> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> <td class="prngen6" colspan="2"> <p class="prnews_p dnr"><span class="prnews_span">Total stock-based compensation</span></p> </td> <td class="prngen29"> <p class="prnews_p dnr"><span class="prnews_span">$ &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;1,530</span></p> </td> <td class="prngen11">&nbsp;</td> <td class="prngen29"> <p class="prnews_p dnr"><span class="prnews_span">$ &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;4,139</span></p> </td> <td class="prngen11">&nbsp;</td> <td class="prngen29"> <p class="prnews_p dnr"><span class="prnews_span">$ &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;2,081</span></p> </td> <td class="prngen11">&nbsp;</td> <td class="prngen29"> <p class="prnews_p dnr"><span class="prnews_span">$ &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;5,669</span></p> </td> <td class="prngen11">&nbsp;</td> <td class="prngen29"> <p class="prnews_p dnr"><span class="prnews_span">$ &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;4,905</span></p> </td> </tr> <tr> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> </tr> <tr> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> </tr> <tr> <td class="prngen6" colspan="4"> <p class="prnews_p dnr"><span class="prnews_span"><b>&nbsp; Amortization of intangible assets</b></span></p> </td> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> </tr> <tr> <td class="prngen6" colspan="4"> <p class="prnews_p dnr"><span class="prnews_span">&nbsp; Cost of revenue - product</span></p> </td> <td class="prngen11"> <p class="prnews_p dnr"><span class="prnews_span">$ &nbsp; &nbsp; &nbsp; &nbsp;10,092</span></p> </td> <td class="prngen11">&nbsp;</td> <td class="prngen11"> <p class="prnews_p dnr"><span class="prnews_span">$ &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;9,645</span></p> </td> <td class="prngen11">&nbsp;</td> <td class="prngen11"> <p class="prnews_p dnr"><span class="prnews_span">$ &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;9,270</span></p> </td> <td class="prngen11">&nbsp;</td> <td class="prngen11"> <p class="prnews_p dnr"><span class="prnews_span">$ &nbsp; &nbsp; &nbsp; &nbsp;19,737</span></p> </td> <td class="prngen11">&nbsp;</td> <td class="prngen11"> <p class="prnews_p dnr"><span class="prnews_span">$ &nbsp; &nbsp; &nbsp; &nbsp;18,862</span></p> </td> </tr> <tr> <td class="prngen6" colspan="4"> <p class="prnews_p dnr"><span class="prnews_span">&nbsp; Sales and marketing expense</span></p> </td> <td class="prngen25"> <p class="prnews_p dnr"><span class="prnews_span">2,555</span></p> </td> <td class="prngen11">&nbsp;</td> <td class="prngen25"> <p class="prnews_p dnr"><span class="prnews_span">2,277</span></p> </td> <td class="prngen11">&nbsp;</td> <td class="prngen25"> <p class="prnews_p dnr"><span class="prnews_span">2,694</span></p> </td> <td class="prngen11">&nbsp;</td> <td class="prngen25"> <p class="prnews_p dnr"><span class="prnews_span">4,832</span></p> </td> <td class="prngen11">&nbsp;</td> <td class="prngen25"> <p class="prnews_p dnr"><span class="prnews_span">5,411</span></p> </td> </tr> <tr> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> </tr> <tr> <td class="prngen11">&nbsp;</td> <td class="prngen6" colspan="3"> <p class="prnews_p dnr"><span class="prnews_span">Total amortization of intangible assets</span></p> </td> <td class="prngen29"> <p class="prnews_p dnr"><span class="prnews_span">$ &nbsp; &nbsp; &nbsp; &nbsp;12,647</span></p> </td> <td class="prngen11">&nbsp;</td> <td class="prngen29"> <p class="prnews_p dnr"><span class="prnews_span">$ &nbsp; &nbsp; &nbsp; &nbsp;11,922</span></p> </td> <td class="prngen11">&nbsp;</td> <td class="prngen29"> <p class="prnews_p dnr"><span class="prnews_span">$ &nbsp; &nbsp; &nbsp; &nbsp;11,964</span></p> </td> <td class="prngen11">&nbsp;</td> <td class="prngen29"> <p class="prnews_p dnr"><span class="prnews_span">$ &nbsp; &nbsp; &nbsp; &nbsp;24,569</span></p> </td> <td class="prngen11">&nbsp;</td> <td class="prngen29"> <p class="prnews_p dnr"><span class="prnews_span">$ &nbsp; &nbsp; &nbsp; &nbsp;24,273</span></p> </td> </tr> </tbody> </table> </div> </div> </div> <div> <div class="divOverflow"> <div class="table-responsive"> <table border="0" cellpadding="0" cellspacing="0" class="prntblns"> <tbody> <tr> <td class="prngen2" colspan="6"> <p class="prnews_p dnr"><span class="prnews_span">RIBBON COMMUNICATIONS INC.</span></p> </td> </tr> <tr> <td class="prngen2" colspan="6"> <p class="prnews_p dnr"><span class="prnews_span">Reconciliation of Non-GAAP and GAAP Financial Measures</span></p> </td> </tr> <tr> <td class="prngen2" colspan="6"> <p class="prnews_p dnr"><span class="prnews_span">(in thousands, except per share amounts)</span></p> </td> </tr> <tr> <td class="prngen2" colspan="6"> <p class="prnews_p dnr"><span class="prnews_span">(unaudited)</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="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</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="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</td> </tr> <tr> <td class="prngen17">&nbsp;</td> <td class="prngen4" colspan="5"> <p class="prnews_p dnr"><span class="prnews_span">Three months ended</span></p> </td> </tr> <tr> <td class="prngen17">&nbsp;</td> <td class="prngen2"> <p class="prnews_p dnr"><span class="prnews_span">June 30,</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen2"> <p class="prnews_p dnr"><span class="prnews_span">March 31,</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen2"> <p class="prnews_p dnr"><span class="prnews_span">June 30,</span></p> </td> </tr> <tr> <td class="prngen17">&nbsp;</td> <td class="prngen19"> <p class="prnews_p dnr"><span class="prnews_span">2019</span></p> </td> <td class="prngen18">&nbsp;</td> <td class="prngen19"> <p class="prnews_p dnr"><span class="prnews_span">2019</span></p> </td> <td class="prngen18">&nbsp;</td> <td class="prngen19"> <p class="prnews_p dnr"><span class="prnews_span">2018</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="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</td> </tr> <tr> <td class="prngen6"> <p class="prnews_p dnr"><span class="prnews_span"><b>GAAP Total revenue</b></span></p> </td> <td class="prngen17" nowrap="nowrap"> <p class="prnews_p dnr"><span class="prnews_span">$ &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 145,421</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17" nowrap="nowrap"> <p class="prnews_p dnr"><span class="prnews_span">$ &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 118,928</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17" nowrap="nowrap"> <p class="prnews_p dnr"><span class="prnews_span">$ &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 137,361</span></p> </td> </tr> <tr> <td class="prngen6"> <p class="prnews_p dnr"><span class="prnews_span">Acquisition-related revenue adjustment**</span></p> </td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">-</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">2,798</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">4,288</span></p> </td> </tr> <tr> <td class="prngen6"> <p class="prnews_p dnr"><span class="prnews_span">Adjustment for new revenue standard***</span></p> </td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">-</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">-</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">2,949</span></p> </td> </tr> <tr> <td class="prngen6"> <p class="prnews_p dnr"><span class="prnews_span"><b>Non-GAAP Total revenue</b></span></p> </td> <td class="prngen21"> <p class="prnews_p dnr"><span class="prnews_span">$ &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 145,421</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen21"> <p class="prnews_p dnr"><span class="prnews_span">$ &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 121,726</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen21"> <p class="prnews_p dnr"><span class="prnews_span">$ &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 144,598</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="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</td> </tr> <tr> <td class="prngen6"> <p class="prnews_p dnr"><span class="prnews_span"><b>GAAP Net income (loss)</b></span></p> </td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">$ &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 49,470</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen11"> <p class="prnews_p dnr"><span class="prnews_span">$ &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; (30,832)</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen11"> <p class="prnews_p dnr"><span class="prnews_span">$ &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; (19,922)</span></p> </td> </tr> <tr> <td class="prngen6"> <p class="prnews_p dnr"><span class="prnews_span">Acquisition-related revenue adjustment**</span></p> </td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">-</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">2,798</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">4,288</span></p> </td> </tr> <tr> <td class="prngen6"> <p class="prnews_p dnr"><span class="prnews_span">Adjustment for new revenue standard***</span></p> </td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">-</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">-</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">2,949</span></p> </td> </tr> <tr> <td class="prngen6"> <p class="prnews_p dnr"><span class="prnews_span">Stock-based compensation</span></p> </td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">1,530</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">4,139</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">2,081</span></p> </td> </tr> <tr> <td class="prngen6"> <p class="prnews_p dnr"><span class="prnews_span">Amortization of intangible assets</span></p> </td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">12,647</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">11,922</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">11,964</span></p> </td> </tr> <tr> <td class="prngen6"> <p class="prnews_p dnr"><span class="prnews_span">Acquisition-related facilities adjustment</span></p> </td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">-</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">-</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">252</span></p> </td> </tr> <tr> <td class="prngen6"> <p class="prnews_p dnr"><span class="prnews_span">Litigation costs</span></p> </td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">1,315</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">6,186</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">1,901</span></p> </td> </tr> <tr> <td class="prngen6"> <p class="prnews_p dnr"><span class="prnews_span">Acquisition- and integration-related expense</span></p> </td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">1,965</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">3,199</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">4,280</span></p> </td> </tr> <tr> <td class="prngen6"> <p class="prnews_p dnr"><span class="prnews_span">Restructuring and related expense</span></p> </td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">9,144</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">4,932</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">6,097</span></p> </td> </tr> <tr> <td class="prngen6"> <p class="prnews_p dnr"><span class="prnews_span">Gain on litigation settlement</span></p> </td> <td class="prngen11"> <p class="prnews_p dnr"><span class="prnews_span">(63,000)</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">-</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">-</span></p> </td> </tr> <tr> <td class="prngen6"> <p class="prnews_p dnr"><span class="prnews_span">Reduction in deferred purchase consideration</span></p> </td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">-</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen11"> <p class="prnews_p dnr"><span class="prnews_span">(8,124)</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">-</span></p> </td> </tr> <tr> <td class="prngen6"> <p class="prnews_p dnr"><span class="prnews_span">Tax effect of non-GAAP adjustments</span></p> </td> <td class="prngen20"> <p class="prnews_p dnr"><span class="prnews_span">2,625</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen20"> <p class="prnews_p dnr"><span class="prnews_span">-</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen20"> <p class="prnews_p dnr"><span class="prnews_span">-</span></p> </td> </tr> <tr> <td class="prngen6"> <p class="prnews_p dnr"><span class="prnews_span"><b>Non-GAAP net income (loss)</b></span></p> </td> <td class="prngen30"> <p class="prnews_p dnr"><span class="prnews_span">$ &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 15,696</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen29"> <p class="prnews_p dnr"><span class="prnews_span">$ &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; (5,780)</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen30"> <p class="prnews_p dnr"><span class="prnews_span">$ &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 13,890</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="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</td> </tr> <tr> <td class="prngen6"> <p class="prnews_p dnr"><span class="prnews_span"><b>Earnings (loss) per share</b></span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</td> </tr> <tr> <td class="prngen6"> <p class="prnews_p dnr"><span class="prnews_span"><b>GAAP Diluted earnings per share or (loss) per share</b></span></p> </td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">$ &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 0.45</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen11"> <p class="prnews_p dnr"><span class="prnews_span">$ &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; (0.29)</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen11"> <p class="prnews_p dnr"><span class="prnews_span">$ &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; (0.20)</span></p> </td> </tr> <tr> <td class="prngen6"> <p class="prnews_p dnr"><span class="prnews_span">Acquisition-related revenue adjustment**</span></p> </td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">-</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">0.03</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">0.04</span></p> </td> </tr> <tr> <td class="prngen6"> <p class="prnews_p dnr"><span class="prnews_span">Adjustment for new revenue standard***</span></p> </td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">-</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">-</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">0.03</span></p> </td> </tr> <tr> <td class="prngen6"> <p class="prnews_p dnr"><span class="prnews_span">Stock-based compensation</span></p> </td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">0.01</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">0.04</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">0.02</span></p> </td> </tr> <tr> <td class="prngen6"> <p class="prnews_p dnr"><span class="prnews_span">Amortization of intangible assets</span></p> </td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">0.12</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">0.11</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">0.13</span></p> </td> </tr> <tr> <td class="prngen6"> <p class="prnews_p dnr"><span class="prnews_span">Acquisition-related facilities adjustment</span></p> </td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">-</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">-</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen11"> <p class="prnews_p dnr"><span class="prnews_span">&nbsp;*&nbsp;</span></p> </td> </tr> <tr> <td class="prngen6"> <p class="prnews_p dnr"><span class="prnews_span">Litigation costs</span></p> </td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">0.01</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">0.06</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">0.02</span></p> </td> </tr> <tr> <td class="prngen6"> <p class="prnews_p dnr"><span class="prnews_span">Acquisition- and integration-related expense</span></p> </td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">0.02</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">0.03</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">0.04</span></p> </td> </tr> <tr> <td class="prngen6"> <p class="prnews_p dnr"><span class="prnews_span">Restructuring and related expense</span></p> </td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">0.08</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">0.05</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">0.06</span></p> </td> </tr> <tr> <td class="prngen6"> <p class="prnews_p dnr"><span class="prnews_span">Gain on litigation settlement</span></p> </td> <td class="prngen11"> <p class="prnews_p dnr"><span class="prnews_span">(0.57)</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">-</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">-</span></p> </td> </tr> <tr> <td class="prngen6"> <p class="prnews_p dnr"><span class="prnews_span">Reduction in deferred purchase consideration</span></p> </td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">-</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen11"> <p class="prnews_p dnr"><span class="prnews_span">(0.08)</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">-</span></p> </td> </tr> <tr> <td class="prngen6"> <p class="prnews_p dnr"><span class="prnews_span">Tax effect of non-GAAP adjustments</span></p> </td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">0.02</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">-</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">-</span></p> </td> </tr> <tr> <td class="prngen6"> <p class="prnews_p dnr"><span class="prnews_span"><b>Non-GAAP Diluted earnings per share or (loss) per share</b></span></p> </td> <td class="prngen21"> <p class="prnews_p dnr"><span class="prnews_span">$ &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 0.14</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen31"> <p class="prnews_p dnr"><span class="prnews_span">$ &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; (0.05)</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen21"> <p class="prnews_p dnr"><span class="prnews_span">$ &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 0.14</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="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</td> </tr> <tr> <td class="prngen6"> <p class="prnews_p dnr"><span class="prnews_span"><b>Shares used to compute diluted earnings per share or (loss) per share</b></span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</td> </tr> <tr> <td class="prngen6"> <p class="prnews_p dnr"><span class="prnews_span"><b>&nbsp; GAAP Shares used to compute diluted earnings per share or (loss) per share</b></span></p> </td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">110,698</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">108,167</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">102,160</span></p> </td> </tr> <tr> <td class="prngen6"> <p class="prnews_p dnr"><span class="prnews_span"><b>&nbsp; Non-GAAP Shares used to compute diluted earnings per share or (loss) per share</b></span></p> </td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">110,698</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">108,167</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">102,334</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="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</td> </tr> <tr> <td class="prngen6" colspan="2"> <p class="prnews_p dnr"><span class="prnews_span">*&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Less than $0.01 impact on earnings (loss) per share</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</td> </tr> <tr> <td class="prngen6" colspan="6"> <p class="prnews_p dnr"><span class="prnews_span">**&nbsp;&nbsp;&nbsp; Effective Q2 2019, the Company no longer adjusts for the impact of purchase accounting on revenue</span></p> </td> </tr> <tr> <td class="prngen6" colspan="6"> <p class="prnews_p dnr"><span class="prnews_span">***&nbsp; Effective Q1 2019, the Company no longer adjusts for the impact of the adoption in 2018 of the new revenue standard</span></p> </td> </tr> </tbody> </table> </div> </div> </div> <div> <div class="divOverflow"> <div class="table-responsive"> <table border="0" cellpadding="0" cellspacing="0" class="prntblns"> <tbody> <tr> <td class="prngen2" colspan="6"> <p class="prnews_p dnr"><span class="prnews_span">RIBBON COMMUNICATIONS INC. </span></p> </td> </tr> <tr> <td class="prngen2" colspan="6"> <p class="prnews_p dnr"><span class="prnews_span">Reconciliation of Non-GAAP and GAAP Financial Measures</span></p> </td> </tr> <tr> <td class="prngen2" colspan="6"> <p class="prnews_p dnr"><span class="prnews_span">(in thousands, except per share amounts)</span></p> </td> </tr> <tr> <td class="prngen2" colspan="6"> <p class="prnews_p dnr"><span class="prnews_span">(unaudited)</span></p> </td> </tr> <tr> <td class="prngen18">&nbsp;</td> <td class="prngen18">&nbsp;</td> <td class="prngen18">&nbsp;</td> <td class="prngen18">&nbsp;</td> <td class="prngen18">&nbsp;</td> <td class="prngen18">&nbsp;</td> </tr> <tr> <td class="prngen18">&nbsp;</td> <td class="prngen18">&nbsp;</td> <td class="prngen18">&nbsp;</td> <td class="prngen18">&nbsp;</td> <td class="prngen18">&nbsp;</td> <td class="prngen18">&nbsp;</td> </tr> <tr> <td class="prngen18">&nbsp;</td> <td class="prngen4" colspan="5"> <p class="prnews_p dnr"><span class="prnews_span">Three months ended</span></p> </td> </tr> <tr> <td class="prngen18">&nbsp;</td> <td class="prngen2"> <p class="prnews_p dnr"><span class="prnews_span">June 30,</span></p> </td> <td class="prngen18">&nbsp;</td> <td class="prngen2"> <p class="prnews_p dnr"><span class="prnews_span">March 31,</span></p> </td> <td class="prngen18">&nbsp;</td> <td class="prngen2"> <p class="prnews_p dnr"><span class="prnews_span">June 30,</span></p> </td> </tr> <tr> <td class="prngen18">&nbsp;</td> <td class="prngen19"> <p class="prnews_p dnr"><span class="prnews_span">2019</span></p> </td> <td class="prngen18">&nbsp;</td> <td class="prngen19"> <p class="prnews_p dnr"><span class="prnews_span">2019</span></p> </td> <td class="prngen18">&nbsp;</td> <td class="prngen19"> <p class="prnews_p dnr"><span class="prnews_span">2018</span></p> </td> </tr> <tr> <td class="prngen6"> <p class="prnews_p dnr"><span class="prnews_span"><b>Adjusted EBITDA:</b></span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</td> </tr> <tr> <td class="prngen6"> <p class="prnews_p dnr"><span class="prnews_span"><b>GAAP Net income (loss)</b></span></p> </td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">$ &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 49,470</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p dnr"><span class="prnews_span">$ &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; (30,832)</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen11" nowrap="nowrap"> <p class="prnews_p dnr"><span class="prnews_span">$ &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; (19,922)</span></p> </td> </tr> <tr> <td class="prngen6"> <p class="prnews_p dnr"><span class="prnews_span">Interest expense, net</span></p> </td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">1,262</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">1,364</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">735</span></p> </td> </tr> <tr> <td class="prngen6"> <p class="prnews_p dnr"><span class="prnews_span">Income tax provision</span></p> </td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">5,033</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">1,014</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">499</span></p> </td> </tr> <tr> <td class="prngen6"> <p class="prnews_p dnr"><span class="prnews_span">Depreciation</span></p> </td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">2,970</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">2,921</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">2,811</span></p> </td> </tr> <tr> <td class="prngen6"> <p class="prnews_p dnr"><span class="prnews_span">Amortization of intangible assets</span></p> </td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">12,647</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">11,922</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">11,964</span></p> </td> </tr> <tr> <td class="prngen6"> <p class="prnews_p dnr"><span class="prnews_span">Acquisition-related revenue adjustment*</span></p> </td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">-</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">2,798</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">4,288</span></p> </td> </tr> <tr> <td class="prngen6"> <p class="prnews_p dnr"><span class="prnews_span">Adjustment for new revenue standard**</span></p> </td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">-</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">-</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">2,949</span></p> </td> </tr> <tr> <td class="prngen6"> <p class="prnews_p dnr"><span class="prnews_span">Stock-based compensation</span></p> </td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">1,530</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">4,139</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">2,081</span></p> </td> </tr> <tr> <td class="prngen6"> <p class="prnews_p dnr"><span class="prnews_span">Acquisition-related facilities adjustment</span></p> </td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">-</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">-</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">252</span></p> </td> </tr> <tr> <td class="prngen6"> <p class="prnews_p dnr"><span class="prnews_span">Litigation costs</span></p> </td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">1,315</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">6,186</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">1,901</span></p> </td> </tr> <tr> <td class="prngen6"> <p class="prnews_p dnr"><span class="prnews_span">Acquisition- and integration-related expense</span></p> </td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">1,965</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">3,199</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">4,280</span></p> </td> </tr> <tr> <td class="prngen6"> <p class="prnews_p dnr"><span class="prnews_span">Restructuring and related expense</span></p> </td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">9,144</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">4,932</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">6,097</span></p> </td> </tr> <tr> <td class="prngen6"> <p class="prnews_p dnr"><span class="prnews_span">Other (income) expense, net</span></p> </td> <td class="prngen11"> <p class="prnews_p dnr"><span class="prnews_span">(62,861)</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen11"> <p class="prnews_p dnr"><span class="prnews_span">(7,774)</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen17"> <p class="prnews_p dnr"><span class="prnews_span">2,052</span></p> </td> </tr> <tr> <td class="prngen6"> <p class="prnews_p dnr"><span class="prnews_span"><b>Non-GAAP Adjusted EBITDA</b></span></p> </td> <td class="prngen21"> <p class="prnews_p dnr"><span class="prnews_span">$ &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 22,475</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen31"> <p class="prnews_p dnr"><span class="prnews_span">$ &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;(131)</span></p> </td> <td class="prngen17">&nbsp;</td> <td class="prngen21" nowrap="nowrap"> <p class="prnews_p dnr"><span class="prnews_span">$ &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 19,987</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="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</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="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</td> </tr> <tr> <td class="prngen6" colspan="6"> <p class="prnews_p dnr"><span class="prnews_span">*&nbsp;&nbsp;&nbsp; Effective Q2 2019, the Company no longer adjusts for the impact of purchase accounting on revenue</span></p> </td> </tr> <tr> <td class="prngen6" colspan="6"> <p class="prnews_p dnr"><span class="prnews_span">**&nbsp; Effective Q1 2019, the Company no longer adjusts for the impact of the adoption in 2018 of the new revenue standard</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="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</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="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</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="prngen17">&nbsp;</td> <td class="prngen17">&nbsp;</td> </tr> </tbody> </table> </div> </div> </div> <div> <div class="divOverflow"> <div class="table-responsive"> <table border="0" cellpadding="0" cellspacing="0" class="prntblns"> <tbody> <tr> <td class="prngen2" colspan="3"> <p class="prnews_p dnr"><span class="prnews_span">RIBBON COMMUNICATIONS INC. </span></p> </td> <td class="prngen2">&nbsp;</td> </tr> <tr> <td class="prngen2" colspan="3"> <p class="prnews_p dnr"><span class="prnews_span">Reconciliation of Non-GAAP and GAAP Financial Measures - Outlook</span></p> </td> <td class="prngen11">&nbsp;</td> </tr> <tr> <td class="prngen11" colspan="3">&nbsp;</td> <td class="prngen11">&nbsp;</td> </tr> <tr> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> </tr> <tr> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> </tr> <tr> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> </tr> <tr> <td class="prngen6" colspan="3"> <p class="prnews_p dnr"><span class="prnews_span"><b>Adjusted EBITDA</b>:&nbsp; Ribbon has not provided a reconciliation of Adjusted EBITDA for the year ending December 31, 2019, as it is unable to project without unreasonable efforts the comparable GAAP net loss figure, which includes interest expense, net; income tax provision; depreciation; amortization of intangible assets; stock-based compensation; settlement expense; certain litigation costs; restructuring and related expense; and other income (expense), net.</span></p> </td> <td class="prngen11">&nbsp;</td> </tr> <tr> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> </tr> <tr> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> <td class="prngen11">&nbsp;</td> </tr> </tbody> </table> </div> </div> </div> <p><a href="javascript:void(0)" onclick="sharing_url('pinterest','')"><i class="fab fab-pinterest"></i> </a></p> </div> </div> </section> </article> <input id="jsFileName" type="hidden" value="page.template-b.js" /> <input id="publicKey" type="hidden" value="vvro5y6e50o" /></main> </div> <style type="text/css">/* Style Definitions */ span.prnews_span { font-size:8pt; font-family:"Arial"; color:black; } a.prnews_a { color:blue; } li.prnews_li { 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The U.S. DoD Defense Information Systems Agency (DISA) Joint Interoperability Test Command (JITC) certification is the culmination of a stringent process that tests solutions for quality, security, interoperability and reliability. Once solutions have achieved JITC certification, they are placed on the DISA<b> </b><a href="https://www.disa.mil/network-services/ucco" target="_blank"><b>Approved Products List</b></a> (APL).&nbsp;</p> <p>The SBC 5000 series works seamlessly with Microsoft Skype for Business to provide the DoD with secure, simplified and standardized real-time SIP-based multimedia sessions – including Voice over IP (VoIP) and video – for a true unified communications (UC) experience. The majority of Ribbon's software and appliance-based SBCs are available on the DISA APL and already certified for<a href="https://ribboncommunications.com/solutions/service-provider-solutions/microsoft-solutions/direct-routing-microsoft-teams-calling" title="Direct Routing for Microsoft Teams Calling">&nbsp;<b>Direct Routing for Microsoft Teams</b></a>&nbsp;and Skype for Business.&nbsp;</p> <p>"Adding our SBC 5000 series as part of the Microsoft Skype for Business JITC certified solution further solidifies Ribbon as a trusted and proven partner for delivering the secure and interoperable communications technology that the Department of Defense demands," said Tony Scarfo, Executive Vice President of Products, R&amp;D, Support and Supply Chain, Ribbon. "We now have best-of-breed solutions for voice, video and desktop collaboration that are JITC certified, virtual and provide extensive SIP interoperability from Ribbon, Poly and Microsoft."</p> <p>"The addition of the Ribbon SBC 5000 series to Microsoft's Skype for Business JITC certified solution allows us to deliver even more feature, functionality, flexibility and security capabilities to the DoD," said Bill Hartwell, Vice President of US Federal, Ribbon. "There is a high degree of interest by many legacy DoD and former Nortel PBX agencies to procure a straight-forward and cost-effective TDM to IP transformation solution."</p> <p>In addition to SBCs, Ribbon is continuing to advance its Application Server (AS) platform for DoD deployments. The Ribbon AS platform release 12.1 completed JITC certification and is now available on the DISA APL. Ribbon's latest certified AS release enables the DoD to significantly reduce operational costs and assure communications investment protection by having a choice of SIP or Assured Services SIP (AS-SIP) endpoints (the&nbsp;<a href="http://www.disa.mil/network-services" target="_blank"><b>DoD Information System Network's</b></a>&nbsp;standard signaling protocol which provides end-to-end Assured Services) and carrier-class session control through open IP-based technology. The Ribbon AS 12.1 JITC certification includes support for Poly's latest line of VVX phones including the VVX 150, 250, 350 and 450 desktop voice clients, providing the DoD with more options for open SIP endpoints.&nbsp;</p> <p>"The Application Server certification allows end-users to maximize the security and interoperability of the Poly VVX phone series," said Darrius Jones, Executive Vice President of Strategy, Poly. "This important integration ensures Poly's solutions are seamlessly standardized with Ribbon AS 12.1 JITC certification as well as VoIP and video for a truly secure unified communications experience, which is crucial at the Federal level."</p> <p>These latest solutions add to the growing list of Ribbon solutions already available on the APL including the <a href="https://ribboncommunications.com/products/service-provider-products/session-border-controllers/sbc-software-edition-sbc-swe"><b>SBC Software Edition (SWe)</b></a>, <span class="MsoHyperlink"><b>SBC 7000</b>, <a href="https://ribboncommunications.com/products/service-provider-products/session-border-controllers/session-border-controller-5110"><b>SBC 5110</b></a>, <a href="https://ribboncommunications.com/products/service-provider-products/session-border-controllers/session-border-controller-5210"><b>SBC 5210</b></a>, <a href="https://ribboncommunications.com/products/enterprise-products/media-gateways/voice-exchange-900-vx-900"><b>Voice Exchange 900 (VX 900)</b></a>, <a href="https://ribboncommunications.com/products/service-provider-products/media-gateways/g5-line-access-gateway"><b>G5 Media Gateway</b></a> and the Application Server (as both an <a href="https://info.rbbn.com/jitc/"><b>Enterprise and Local Session Controller</b></a><span class="MsoHyperlink"><b>)</b>.</span></span></p> <p><b>Key Takeaways:</b></p> <ul> <li>Ribbon's SBC 5000 series has achieved JITC certification as part of the Microsoft Skype for Business solution.</li> <li>The SBC 5000 series was previously certified by the U.S. DoD as a standalone solution and available on the DISA <a href="https://www.disa.mil/network-services/ucco" target="_blank"><b>Approved Products List</b></a>.</li> <li>The majority of Ribbon's software and appliance-based SBCs are also certified for<a href="https://ribboncommunications.com/solutions/service-provider-solutions/microsoft-solutions/direct-routing-microsoft-teams-calling" title="Direct Routing for Microsoft Teams Calling">&nbsp;<b>Direct Routing for Microsoft Teams</b></a>&nbsp;and Skype for Business outside of DoD deployments.&nbsp;</li> <li>The Ribbon Application Server 12.1 release has also achieved JITC certification.</li> <li>Ribbon has a longstanding history with deploying carrier-grade solutions in the DoD communications network. The DoD has leveraged Ribbon's carrier-class <a href="https://ribboncommunications.com/company/media-center/press-releases/us-department-defense-leverages-ribbon-communications-application-server-complete-50000-plus-seat-uc" target="_blank"><b>Application Server for one of the largest VoIP deployments (50,000-plus seats)</b></a> in the agency's history.</li> <li>Ribbon already has multiple solutions available on the APL including the <a href="https://ribboncommunications.com/products/service-provider-products/session-border-controllers/sbc-software-edition-sbc-swe"><b>SBC Software Edition (SWe)</b></a>, <span class="MsoHyperlink"><b>SBC 7000</b>, <a href="https://ribboncommunications.com/products/service-provider-products/session-border-controllers/session-border-controller-5110"><b>SBC 5110</b></a>, <a href="https://ribboncommunications.com/products/service-provider-products/session-border-controllers/session-border-controller-5210"><b>SBC 5210</b></a>, <a href="https://ribboncommunications.com/products/enterprise-products/media-gateways/voice-exchange-900-vx-900"><b>Voice Exchange 900 (VX 900)</b></a>, <a href="https://ribboncommunications.com/products/service-provider-products/media-gateways/g5-line-access-gateway"><b>G5 Media Gateway</b></a> and the Application Server (as both an <a href="https://ribboncommunications.com/solutions/enterprise-solutions/nortel-pbx-evolution/enterprise-and-local-session-controller-jitc-certified"><b>Enterprise and Local Session Controller</b></a><span class="MsoHyperlink"><b>)</b>.</span></span></li> </ul> <h2>About Ribbon Communications</h2> <p>Ribbon Communications Inc. (Nasdaq: RBBN) delivers market-leading software solutions that secure and power many of the world's leading service provider and enterprise communications environments. Built on world-class technology and intellectual property, the company's cloud-native solutions deliver intelligent and secure real-time communications solutions for the cloud, network and enterprise edge. Ribbon's Kandy Cloud real-time communications software platform delivers advanced and embedded CPaaS and UCaaS capabilities enabling service providers&nbsp;to rapidly create and deploy high-value communications services. To learn more, visit <a href="http://www.ribboncomm.com/">ribboncommunications.com</a>.</p> <h2>About Poly</h2> <p>Plantronics, Inc. ("Poly" – formerly Plantronics and Polycom) (NYSE: PLT) is a global communications company that powers meaningful human connection and collaboration. Poly combines legendary audio expertise and powerful video and conferencing capabilities to overcome the distractions, complexity and distance that make communication in and out of the workplace challenging. Poly believes in solutions that make life easier when they work together and with our partner's services. Our headsets, software, desk phones, audio and video conferencing, analytics and services are used worldwide and are a leading choice for every kind of workspace. For more information, please visit:&nbsp;<a href="https://www.poly.com/?utm_medium=media&amp;utm_source=press-release-us&amp;utm_campaign=Global_Power_Brand_Launch_2019&amp;utm_content=_other_brand-announcement-press-release" target="_blank">www.poly.com</a>.</p> <p class="Style6Body">Poly, the propeller design, and the Poly logo are trademarks of Plantronics, Inc. All other trademarks are the property of their respective owners.</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, including statement regarding delivering value to customers. All statements other than statements of historical facts contained in this release are forward-looking statements. The actual results of Ribbon Communications 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> <p><b>Investor Relations</b><br /> Monica Gould<br /> +1 (212) 871-3927<br /> <a href="mailto:IR@rbbn.com">IR@rbbn.com</a>&nbsp;&nbsp;</p> <p><b>US Press</b><br /> Dennis Watson<br /> +1 (214) 695-2224<br /> <a href="mailto:dwatson@rbbn.com">dwatson@rbbn.com</a></p> <p><b>International Press</b><br /> Catherine Berthier<br /> +1 (646) 741-1974<br /> <a href="mailto:cberthier@rbbn.com">cberthier@rbbn.com</a></p> <p><b>Analyst Relations</b><br /> Michael Cooper<br /> +1 (708) 383-3387<br /> <a href="mailto:mcooper@rbbn.com">mcooper@rbbn.com</a></p> <p><b>Poly Media Relations</b><br /> Shannon Shamoon<br /> +1 (831) 201-9142<br /> <a href="mailto:shannon.shamoon@poly.com">shannon.shamoon@poly.com</a></p> <p>&nbsp;</p> </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" title="Let&#039;s Chat!">Let's Chat!</a> </div> </div> </div> </div> </div> </div> </div> </div> </div> </div> Tue, 09 Jul 2019 18:53:45 +0000 javaughn 20937 at https://ribboncommunications.com