Previous Close | 3.6900 |
Open | 3.6500 |
Bid | 3.5000 x 800 |
Ask | 3.9500 x 1800 |
Day's Range | 3.6200 - 3.7600 |
52 Week Range | 2.1900 - 4.8400 |
Volume | |
Avg. Volume | 839,801 |
Market Cap | 628.78M |
Beta (5Y Monthly) | 1.15 |
PE Ratio (TTM) | 7.47 |
EPS (TTM) | 0.5010 |
Earnings Date | Apr 25, 2023 - May 01, 2023 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | 5.25 |
Ribbon Communications Inc. ("Ribbon") (Nasdaq: RBBN) today announced that it has priced a private placement financing of Series A preferred stock and warrants to purchase shares of common stock to raise gross proceeds of approximately $53.4 million.
Ribbon Communications Inc. (Nasdaq: RBBN), a global provider of real time communications technology and IP optical networking solutions to many of the world's largest service providers, enterprises, and critical infrastructure operators to modernize and protect their networks, today announced that it does not expect the closing of Silicon Valley Bank (SVB) to have a significant impact on its operations.
Frontier Communications, Ribbon Communications, Weave Communications and Kaleyra have been highlighted in this Industry Outlook article.