Capex / revenue moved 207 bp lower
Capex / revenue changed -207 basis points from the comparable as-filed period. This reverses 2 consecutive comparable moves in the opposite direction.
2.57%→0.50%2 prior comparisons
GROSSPATTERN / DETERMINISTIC EVIDENCE / V3
Search securities →RBBN financial changes
Ranked by interpretable importance, issuer history, magnitude, and accounting profile. No directional recommendation.
Free-cash-flow proxy changed across a sign change
Free-cash-flow proxy changed -174.0% from the comparable as-filed period. Relative percentage is de-emphasized because the comparison has a sign change.
$21.0M→-$15.5M2 prior comparisons
Operating cash-flow margin moved 1889 bp lower
Operating cash-flow margin changed -1889 basis points from the comparable as-filed period. This reverses 2 consecutive comparable moves in the opposite direction.
12.30%→-6.59%2 prior comparisons
Receivables / revenue moved 1122 bp higher
Receivables / revenue changed +1122 basis points from the comparable as-filed period. This reverses 2 consecutive comparable moves in the opposite direction.
101.37%→112.58%2 prior comparisons
Operating margin moved 128 bp higher
Operating margin changed +128 basis points from the comparable as-filed period.
1.28%→2.56%2 prior comparisons
Total assets increased 4.1%
Total assets changed +4.1% from the comparable as-filed period. The change ranks at the 75th percentile of 4 prior comparable changes.
$1.1B→$1.2B4 prior comparisons
Inventory / revenue moved 236 bp higher
Inventory / revenue changed +236 basis points from the comparable as-filed period.
37.15%→39.51%2 prior comparisons
Cash / debt moved 1020 bp lower
Cash / debt changed -1020 basis points from the comparable as-filed period. The change ranks at the 50th percentile of 4 prior comparable changes.
21.72%→11.52%4 prior comparisons
Free-cash-flow margin moved 1682 bp lower
Free-cash-flow margin changed -1682 basis points from the comparable as-filed period.
9.73%→-7.09%2 prior comparisons
Working capital decreased 17.5%
Working capital changed -17.5% from the comparable as-filed period. The change ranks at the 25th percentile of 4 prior comparable changes.
$126.6M→$104.4M4 prior comparisons
Working capital / assets moved 238 bp lower
Working capital / assets changed -238 basis points from the comparable as-filed period. The change ranks at the 50th percentile of 4 prior comparable changes.
11.45%→9.08%4 prior comparisons
Revenue increased 1.6%
Revenue changed +1.6% from the comparable as-filed period.
$215.4M→$218.7M2 prior comparisons
Net debt increased 15.1%
Net debt changed +15.1% from the comparable as-filed period. The change ranks at the 50th percentile of 4 prior comparable changes.
$269.5M→$310.2M4 prior comparisons
Current long-term debt increased 25.0%
Current long-term debt changed +25.0% from the comparable as-filed period. The change ranks at the 25th percentile of 4 prior comparable changes.
$8.8M→$10.9M4 prior comparisons
Inventory increased 8.0%
Inventory changed +8.0% from the comparable as-filed period. The change ranks at the 75th percentile of 4 prior comparable changes.
$80.0M→$86.4M4 prior comparisons
Reported total debt increased 1.8%
Reported total debt changed +1.8% from the comparable as-filed period. The change ranks at the 20th percentile of 5 prior comparable changes. This reverses 3 consecutive comparable moves in the opposite direction.
$344.3M→$350.6M5 prior comparisons
Gross debt increased 1.8%
Gross debt changed +1.8% from the comparable as-filed period. The change ranks at the 20th percentile of 5 prior comparable changes. This reverses 3 consecutive comparable moves in the opposite direction.
$344.3M→$350.6M5 prior comparisons
R&D / revenue moved 100 bp lower
R&D / revenue changed -100 basis points from the comparable as-filed period.
21.31%→20.31%2 prior comparisons
Shares outstanding increased 1.5%
Shares outstanding changed +1.5% from the comparable as-filed period. The change ranks at the 57th percentile of 7 prior comparable changes.
176,599,590→179,173,6117 prior comparisons
Current assets increased 2.1%
Current assets changed +2.1% from the comparable as-filed period. The change ranks at the 25th percentile of 4 prior comparable changes. This reverses 2 consecutive comparable moves in the opposite direction.
$418.4M→$427.0M4 prior comparisons
Research & development decreased 3.2%
Research & development changed -3.2% from the comparable as-filed period.
$45.9M→$44.4M2 prior comparisons
Noncurrent long-term debt decreased 2.8%
Noncurrent long-term debt changed -2.8% from the comparable as-filed period. The change ranks at the 50th percentile of 4 prior comparable changes.
$326.1M→$316.9M4 prior comparisons
Debt / assets moved 68 bp lower
Debt / assets changed -68 basis points from the comparable as-filed period. The change ranks at the 0th percentile of 4 prior comparable changes.
31.15%→30.47%4 prior comparisons
Cost of revenue increased 5.4%
Cost of revenue changed +5.4% from the comparable as-filed period.
$107.4M→$113.2M2 prior comparisons
Current ratio decreased 7.7%
Current ratio changed -7.7% from the comparable as-filed period. The change ranks at the 50th percentile of 4 prior comparable changes.
1.43→1.324 prior comparisons
SBC / revenue moved 10 bp lower
SBC / revenue changed -10 basis points from the comparable as-filed period.
2.71%→2.61%2 prior comparisons
Gross profit decreased 2.3%
Gross profit changed -2.3% from the comparable as-filed period.
$108.0M→$105.5M2 prior comparisons
Debt / revenue moved 42 bp higher
Debt / revenue changed +42 basis points from the comparable as-filed period.
159.87%→160.29%2 prior comparisons
Stock-based compensation decreased 2.3%
Stock-based compensation changed -2.3% from the comparable as-filed period.
$5.8M→$5.7M2 prior comparisons
Inventory / revenue moved 925 bp higher
Inventory / revenue changed +925 basis points from the comparable as-filed period.
36.40%→45.65%2 prior comparisons
Operating cash-flow margin moved 562 bp lower
Operating cash-flow margin changed -562 basis points from the comparable as-filed period. This reverses 2 consecutive comparable moves in the opposite direction.
-0.36%→-5.98%2 prior comparisons
R&D / revenue moved 306 bp higher
R&D / revenue changed +306 basis points from the comparable as-filed period. This reverses 2 consecutive comparable moves in the opposite direction.
20.26%→23.32%2 prior comparisons
Operating cash flow changed across a low base
Operating cash flow changed -1346.7% from the comparable as-filed period. Relative percentage is de-emphasized because the comparison has a low base.
-$795,000→-$11.5M3 prior comparisons
Operating income changed across a sign change
Operating income changed -389.1% from the comparable as-filed period. Relative percentage is de-emphasized because the comparison has a sign change.
$4.2M→-$12.2M2 prior comparisons
Working capital decreased 20.0%
Working capital changed -20.0% from the comparable as-filed period. The change ranks at the 50th percentile of 4 prior comparable changes.
$120.3M→$96.3M4 prior comparisons
Cash / debt moved 456 bp lower
Cash / debt changed -456 basis points from the comparable as-filed period. The change ranks at the 50th percentile of 4 prior comparable changes.
17.45%→12.88%4 prior comparisons
Free-cash-flow margin moved 528 bp lower
Free-cash-flow margin changed -528 basis points from the comparable as-filed period.
-2.94%→-8.21%2 prior comparisons
Debt / revenue moved 1852 bp higher
Debt / revenue changed +1852 basis points from the comparable as-filed period.
157.08%→175.60%2 prior comparisons
Gross profit decreased 17.3%
Gross profit changed -17.3% from the comparable as-filed period.
$109.3M→$90.3M2 prior comparisons
Working capital / assets moved 211 bp lower
Working capital / assets changed -211 basis points from the comparable as-filed period. The change ranks at the 50th percentile of 4 prior comparable changes.
10.53%→8.43%4 prior comparisons
Capital expenditure decreased 24.4%
Capital expenditure changed -24.4% from the comparable as-filed period.
$5.7M→$4.3M3 prior comparisons
Current assets decreased 6.5%
Current assets changed -6.5% from the comparable as-filed period. The change ranks at the 50th percentile of 4 prior comparable changes.
$433.9M→$405.6M4 prior comparisons
Capex / revenue moved 34 bp lower
Capex / revenue changed -34 basis points from the comparable as-filed period. This reverses 2 consecutive comparable moves in the opposite direction.
2.58%→2.23%2 prior comparisons
Receivables / revenue moved 144 bp higher
Receivables / revenue changed +144 basis points from the comparable as-filed period. This reverses 2 consecutive comparable moves in the opposite direction.
113.05%→114.49%2 prior comparisons
Shares outstanding increased 1.0%
Shares outstanding changed +1.0% from the comparable as-filed period. The change ranks at the 43th percentile of 7 prior comparable changes. This reverses 2 consecutive comparable moves in the opposite direction.
177,081,847→178,823,3527 prior comparisons
Net debt increased 2.9%
Net debt changed +2.9% from the comparable as-filed period. The change ranks at the 25th percentile of 4 prior comparable changes. This reverses 2 consecutive comparable moves in the opposite direction.
$286.1M→$294.2M4 prior comparisons
SBC / revenue moved 48 bp higher
SBC / revenue changed +48 basis points from the comparable as-filed period.
2.03%→2.51%2 prior comparisons
Research & development increased 0.4%
Research & development changed +0.4% from the comparable as-filed period. This reverses 2 consecutive comparable moves in the opposite direction.
$44.7M→$44.9M2 prior comparisons
Debt / assets moved 78 bp lower
Debt / assets changed -78 basis points from the comparable as-filed period. The change ranks at the 0th percentile of 4 prior comparable changes.
30.34%→29.55%4 prior comparisons
Gross debt decreased 2.5%
Gross debt changed -2.5% from the comparable as-filed period. The change ranks at the 50th percentile of 4 prior comparable changes.
$346.5M→$337.8M4 prior comparisons
Reported total debt decreased 2.5%
Reported total debt changed -2.5% from the comparable as-filed period. The change ranks at the 50th percentile of 4 prior comparable changes.
$346.5M→$337.8M4 prior comparisons
Noncurrent long-term debt decreased 2.1%
Noncurrent long-term debt changed -2.1% from the comparable as-filed period. The change ranks at the 50th percentile of 4 prior comparable changes.
$327.6M→$320.6M4 prior comparisons
Cost of revenue decreased 8.3%
Cost of revenue changed -8.3% from the comparable as-filed period.
$111.3M→$102.0M2 prior comparisons
Current liabilities decreased 1.4%
Current liabilities changed -1.4% from the comparable as-filed period. The change ranks at the 0th percentile of 4 prior comparable changes.
$313.6M→$309.3M4 prior comparisons
Stock-based compensation increased 7.9%
Stock-based compensation changed +7.9% from the comparable as-filed period.
$4.5M→$4.8M2 prior comparisons
Current ratio decreased 5.2%
Current ratio changed -5.2% from the comparable as-filed period. The change ranks at the 50th percentile of 4 prior comparable changes.
1.38→1.314 prior comparisons
Total assets increased 0.1%
Total assets changed +0.1% from the comparable as-filed period. The change ranks at the 0th percentile of 4 prior comparable changes.
$1.1B→$1.1B4 prior comparisons
Current long-term debt unchangedd 0.0%
Current long-term debt changed +0.0% from the comparable as-filed period. The change ranks at the 0th percentile of 4 prior comparable changes.
$8.8M→$8.8M4 prior comparisons
Method Importance combines metric-family relevance, magnitude, issuer-history unusualness, persistence, and financial-statement significance. It is analytical prioritization, not a legal materiality conclusion or investment signal.