Elon's New Device Could Launch Biggest IPO of the Decade
Elon Musk's new device is being called a "game-changer"-and even the White House is using this tech. Jeff Brown says it could launch Musk's next trillion-dollar company and make early investors rich. You can claim a stake now for as little as $500.
| Open | 3.89 | Prev Close | 3.89 |
| High | 3.89 | Low | 3.79 |
| Volume | 528,194 | Volume (Avg) | 566 |
| 52 Week High | 5.38 | 52 Week Low | 2.75 |
| Market Cap | 677.3M | PE Ratio |
General
| Name | Ribbon Communications Inc |
| Ticker | RBBN |
| Exchange | NASDAQ |
| Sector | Technology |
| Industry | Software - Application |
| Currency | USD |
| Country | USA |
| Fiscal Year End | December |
| Full Time Employees | 3,052 |
About Ribbon Communications Inc
Ribbon Communications Inc. provides communications technology in the United States, Europe, the Middle East, Africa, the Asia Pacific, and internationally. It operates through two segments, Cloud and Edge, and IP Optical Networks. The Cloud and Edge segment provides software and hardware products, solutions, and services for voice over internet protocol communications, voice over long-term evolution, and voice over 5G communications, and unified communications and collaboration. It also offers session border controllers; and network transformation products, such as signaling products, call controllers, media gateways, and application servers. This segment serves private, public, or hybrid cloud infrastructures, as well as data centers, enterprise premises, and service provider networks. The IP Optical Networks segment provides hardware and software products and solutions for IP networking, switching, routing, and optical transport for technologies comprising 5G, distributed cloud computing, and corresponding applications. It also offers multiple solutions, including 5G-native solutions for mobile-backhaul, metro and edge aggregation, core networking, data center interconnect, multi-service access, and transport solutions for wholesale carriers. This segment serves utilities, government, defense, finance, transportation, and education and research industries, as well as service providers and enterprises. The company was formerly known as Sonus Networks, Inc. and changed its name to Ribbon Communications Inc. in November 2017. Ribbon Communications Inc. was founded in 1997 and is headquartered in Plano, Texas.
Highlights
| Analyst Target | 6.08 |
| Market Cap | 677,300,000 |
| EBITDA | 94,555,000 |
Valuation
| Price/Sales (Trailing 12 Mt.) | 0.78 |
| Price/Book (Most Recent Quarter) | 1.83 |
Technicals
| Beta | 1.34 |
| 52 Week High | 5.38 |
| 52 Week Low | 2.75 |
| 50 Day Average | -0.84% |
| 200 Day Average | -1.67% |
Earnings
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