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Ribbon Communications Inc. RBBN Amortization of acquired technology

Amortization of acquired technology at other companies

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$1.75M-20.6%
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$43M+13.2%
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$2.42M+1.0%
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$8.94M-15.2%
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$55M+12.2%

Other financials

Income statement

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Revenue$192.3M-12.8%
Gross profit$90.3M-17.3%
Operating income-$12.2M-389%
Net income-$26.9M-142%
EPS (diluted)-$0.15-150%

Balance sheet

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Cash & equivalents$43.5M-28.0%
Total debt$397.0M-3.0%
Total equity$392.6M+6.0%
Total assets$1.2B+2.0%

Cash flow

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Operating cash flow-$11.5M-1,347%
CapEx$4.3M-24.4%
Free cash flow-$15.8M-144%

Valuation

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Market cap$366.59M-48.5%
Enterprise value$699.4M-32.1%
P/E23.5×
P/S0.5×-0.4×

Profitability

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Gross margin48.8%-2.3pp
Operating margin2.4%+2.3pp
Net margin2%
FCF margin0.9%0.0pp

Returns & leverage

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Return on equity4.1%
Debt / equity-0.1×
Current ratio1.3×-0.1×

Where this comes from

Reported directly by Ribbon Communications Inc. in its filing.

Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSoldAmortization.

The source filing: Ribbon Communications Inc.’s 10-Q, filed October 24, 2024.

Filed
Oct 24, 2024
Fiscal quarter
Q3 FY2024
Calendar quarter
Q3 2024
Accession
0001708055-24-000014
Line itemThree months ended / September 30, 2024Three months ended / September 30, 2023Nine months ended / September 30, 2024Nine months ended / September 30, 2023
Cost of revenue:
Product59,40559,436160,044189,426
Service34,89333,065103,633102,152
Amortization of acquired technology6,3237,15719,40621,985
Total cost of revenue100,62199,658283,083313,563
Gross profit109,617103,503299,439286,375
Operating expenses:
Research and development45,64546,229134,897145,309

Item 1. Financial Statements

FAQ

What is Ribbon Communications Inc.'s amortization of acquired technology?
Ribbon Communications Inc. (RBBN) reported amortization of acquired technology of $6.32M in Q3 2024.

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