- Ribbon Communications grew its profitability and revenue by 49.85 percent in 2019, while expanding its sales across the United States, Europe, and Asia-Pacific. As a result, its ROE increased.
- Inked long-term multimillion-dollar contracts with a variety of entities that will result in a long-term profit.
- There is a reclassification of amortization of intangible assets, which will simplify the computation of future gross margins.
- RBBN ensures the happiness of its top management by increasing their base and bonus pay.
For further details see:
Profit Chimes In As Ribbon Communications Follow Real-Time Virtual Trend