Trade Ribbon Communications Inc - RBBN CFD

Trading Conditions

• TypeThis financial market is available for CFD trading.Learn more about:CFDs: CFD
• Spread: 0.03
• Long position overnight funding adjustmentLong position overnight funding adjustmentMargin. Your investment$1,000.00Overnight funding adjustmentCharges from full value of position-0.02154 %(-$4.31)Trade size with leverage ~ $20,000.00Money from leverage ~ $$19,000.00Go to platform: -0.02154%
• Short position overnight funding adjustmentShort position overnight funding adjustmentMargin. Your investment$1,000.00Overnight funding adjustmentCharges from full value of position-0.000682 %(-$0.14)Trade size with leverage ~ $20,000.00Money from leverage ~ $$19,000.00Go to platform: -0.00068%
• Overnight funding adjustment time: 21:00 (UTC)
• Currency: USD
• Min traded quantity: 10
• Margin: 5.00%
• Stock exchange: United States of America
• Commission on trade: 0%
• Guaranteed stop premiumA guaranteed stop-loss (GSL) fee is only charged if the GSL is triggered. Please consult the Charges and Fees section of our website for more details.: 1%

• Margin. Your investment: $1,000.00
• Overnight funding adjustmentCharges from full value of position: -0.02154 %
  (-$4.31)

• Margin. Your investment: $1,000.00
• Overnight funding adjustmentCharges from full value of position: -0.000682 %
  (-$0.14)

Key Stats

• Prev. Close: 2.17
• Open: 2.12
• 1-Year Change: -45.22%
• Day's Range: 2.09 - 2.13

Trade Ribbon Communications Inc - RBBN

About Ribbon Communications Inc

Ribbon Communications, Inc. is a provider of communications technology to service providers and enterprises. The Company provides a range of software and high-performance hardware products. The Company 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 enabling voice over internet protocol (VoIP) communications, voice over long-term evolution (VoLTE) and voice over 5G (VoNR) communications and unified communications and collaboration (UC&C) within service provider and enterprise networks and from the cloud. The IP Optical Networks segment provides hardware and software products solutions for IP networking, switching, routing and optical transport designed to support and enable technologies like 5G, distributed cloud computing and corresponding applications by delivering ultra-low cost-per-bit transport and multi-service flexibility.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Ribbon Communications Inc revenues increased less than 1% to $845M. Net loss totaled $177.2M vs. income of $88.6M. Revenues reflect Other Asia Pacific segment increase of 4% to $152.9M, Other segment increase of 2% to $68M, also reflect United States segment decrease of 2% to $376M, Europe, Middle East and Africa segment decrease of less than 1% to $248M. Net loss reflects Other expense.

Equity composition

Common Stock $.001 Par, 10/11, 600M auth., 279,300,480 issd. Insiders & strategic holders own 24.27%. IPO 5/25/00, 5M shares @ $23 by Goldman, Sachs & Co. *All Preferred stock conv. into Common upon completion of IPO.01/15, 1-for-5 reverse stock split.