Ribbon Communications Reports Q3 2026 Revenue Growth and Improved EBITDA
Ribbon Communications (RBBN) reported strong third-quarter results for fiscal year 2026, highlighted by a 14% sequential revenue increase to $219 million. The company saw significant performance boosts in both its Cloud and Edge and IP Optical Networks segments, with the latter achieving its best third-quarter performance on record. A key driver was the reacceleration of voice network modernization programs with major carriers like Verizon. Profitability improved significantly as adjusted EBITDA more than doubled to $27 million compared to the previous quarter. While the company faces some headwinds regarding component supply lead times and rising logistics costs, management provided optimistic Q4 guidance for both revenue and gross margins. The company is also focusing on expanding its footprint in Southeast Asia and exploring enterprise AI opportunities.
Topics: Cloud and Edge Revenue EBITDA EPS Gross Margin IP Optical Networks Revenue Growth
Read the full article at Motley Fool
Part of the story Meta Reports Q3 2026 Revenue Growth Amid Legal Settlement and Massive AI Infrastructure Investment (16 articles)