Short answer
Ribbon Communications Inc. (RBBN) filed an 8-K current report with the SEC on April 28, 2026 reporting Item 2.02 (Results of Operations and Financial Condition), Item 5.02 (Departure/Election of Directors or Officers), Item EX-99.1 (Exhibit EX-99.2). Q1 2026 results covered quarter ended March 31, 2026.
Ribbon Communications Inc. 8-K event analysis
AI summary of each reported item and its exhibits
Item 2.02 · Results of Operations and Financial Condition
- Q1 2026 results covered quarter ended March 31, 2026
- Financial details contained in Exhibit 99.1, Ribbon’s accompanying earnings press release
- Release issued April 28, 2026
- Earnings disclosure furnished under Item 2.02 and generally not treated as filed under Exchange Act Section 18
Item 5.02 · Departure/Election of Directors or Officers
- CFO John Townsend resigns April 30, 2026 for another opportunity, with no reported disagreement
- Eric Marmurek becomes CFO and Chief Accounting Officer May 1, 2026
- Internal succession supports continuity after Marmurek’s 15-plus years with Ribbon and predecessor companies
- New CFO compensation: $475,000 base salary, 75% target bonus, annual equity eligibility
- No disclosed related-party interests, family relationships, or appointment arrangements impacting independence
Item EX-99.1 · Exhibit EX-99.2
- Q1 revenue $163M, down from $181M; GAAP operating loss widened to $32M from $20M
- Gross margin fell to 42.9% from 45.4%; non-GAAP Adjusted EBITDA turned negative at $8M versus $6M positive
- Cash declined $28.5M to $69.6M, while operating cash flow was negative $22.0M
- Q2 outlook calls for revenue $185M-$195M, non-GAAP gross margin 49%-50%, and Adjusted EBITDA $9M-$14M
- Management expects second-half growth from service-provider projects, IP and optical deployments, AIOps, and data-center interconnect wins
Generated from the filing text and exhibits; verify against the original. What 8-K item codes mean
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