RingCentral

RingCentral, Inc. engages in the provision of global enterprise cloud communications and collaboration solutions. The firm's solutions provide a single user identity across multiple locations and devices, including smartphones, tablets, PCs and desk phones, and allows for communication across multiple modes, including high-definition voice, video, SMS, messaging and collaboration, conferencing, online meetings and fax. It sells its products under the RingCentral Professional, RingCentral Glip, and RingCentral Fax brands. The company was founded by Vlad Vendrow and Vladimir Shmunis in 1999 and is headquartered in Belmont, CA.

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RingCentral achieves record revenue and partnerships, eyes efficiency in 2023

RingCentral's 2022 performance showcased strong financials, strategic partnerships, and advancements in AI technology. Challenges include prolonged sales cycles and the need for disciplined deal-making. Opportunities lie in the growing Microsoft Teams practice and focus on driving efficiency and profitability in 2023.

RingCentral exceeds Q1 revenue targets, eyes sustainable profitability and growth

RingCentral delivered robust financial performance in Q1 2023, showcasing growth in revenue, operating margin, and free cash flow, with a focus on sustainable profitability.
The company's strengths include innovative product offerings, stable ARPU trend, strong vertical performance, and a strategic approach to driving profitable growth.
Challenges include managing customer renewals churn, sustaining partnerships amidst efficiency initiatives, and addressing convertible debt maturities for long-term success.
Opportunities for RingCentral include enhancing product monetization, leveraging Avaya's contribution, driving marketing effectiveness, and exploring growth in key verticals.

RingCentral reports robust Q2 growth, eyes India expansion and AI leverage

RingCentral's Q2 2023 earnings call highlighted strong financial performance, strategic product introductions, leadership transitions, and a focus on innovation and partnerships. The company is well-positioned to capitalize on growth opportunities and navigate challenges in the competitive communication solutions market.

RingCentral exceeds Q3 expectations, focuses on innovation and growth

RingCentral's Q3 2023 performance showcased strong revenue growth, improved margins, and a focus on customer retention and upselling.
The company's strengths lie in product innovation, competitive UCaaS and CCaaS offerings, and an AI-first approach in Contact Center upsell.
Challenges include managing expenses, market positioning against competitors like Microsoft Teams, and driving international expansion effectively.
Opportunities for RingCentral include untapped markets, strategic partnerships, leveraging AI, and targeting enterprise customers with integrated solutions.

RingCentral posts robust Q4 results, eyes growth through new products

RingCentral's Q4 2023 Earnings Call highlighted strong financial performance, new product introductions, and strategic partnerships. The company aims for growth, profitability, and SBC reduction in 2024. Challenges include margin expansion, growth strategies, and market dynamics, while opportunities exist in product innovation and market expansion.

RingCentral surpasses Q1 revenue expectations, eyes growth in AI

RingCentral delivered a strong Q1 performance, exceeding revenue expectations and demonstrating progress in driving profitable growth. The company's focus on trust, innovation, and partnerships, along with new product introductions, bodes well for future growth.
While facing challenges in balancing growth with profitability and adapting to industry changes driven by AI, RingCentral has strengths in strategic partnerships, product offerings, and market positioning. Opportunities lie in expanding market reach, leveraging AI, and driving cloud migrations.
Overall, RingCentral's Q1 earnings call highlights a solid performance, strategic strengths, operational challenges, and growth opportunities in the evolving communication solutions market.

RingCentral surpasses Q2 revenue expectations, eyes global expansion opportunities

RingCentral's Q2 results exceeded expectations, driven by strong enterprise growth and new product introductions. The company is well-positioned to capitalize on opportunities in key verticals and regions, with a positive outlook for subscription revenue and free cash flow.

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BELMONT, Calif.--(BUSINESS WIRE)--RingCentral, Inc. (NYSE: RNG), a leading provider of global enterprise cloud communications, video meetings, collaboration, and contact center solutions, today announced two new products to meet the current and evolving demands in education. Based on RingCentral's flagship offering RingCentral Message Video Phone (MVP®), RingCentral Education Essentials™ and RingCentral Education Standard™ are designed to provide flexible solutions for the hybrid or virtual cla

New Education Products from RingCentral Address Today's Hybrid Learning Challenges

RingCentral (RNG) stock is taking a beating on Wednesday despite the release of a solid earnings report for the fourth quarter of 2021. The post RNG Stock News: 18 Reasons Why Investors Are Hanging Up on Ring Central Today appeared first on InvestorPlace.

RNG Stock News: 18 Reasons Why Investors Are Hanging Up on Ring Central Today

RingCentral's (RNG) CEO Vlad Shmunis on Q4 2021 Results - Earnings Call Transcript

RingCentral (RNG) delivered earnings and revenue surprises of 5.41% and 3.22%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

RingCentral (RNG) Beats Q4 Earnings and Revenue Estimates

The provider of cloud-based communications services saw its shares spike during the heart of the pandemic period, but the company's stock price has since fallen precipitously.

RingCentral Stock Has Tumbled Recently. Earnings Didn't Spark a Rally.

RingCentral Earnings Top Estimates but Stock Doesn't Gain

BELMONT, Calif.--(BUSINESS WIRE)--RingCentral, Inc. (NYSE:RNG), a leading provider of global enterprise cloud communications, video meetings, collaboration, and contact center solutions, today announced financial results for the fourth quarter and fiscal year ended December 31, 2021. Fourth Quarter Financial Highlights Total revenue increased 34% year over year to $448 million. Subscriptions revenue increased 37% year over year to $420 million. Annualized Exit Monthly Recurring Subscriptions (A

RingCentral Announces Fourth Quarter 2021 Results

Zoom Video

SAN JOSE, Calif. & BELMONT, Calif.--(BUSINESS WIRE)--RingCentral, Inc. (NYSE: RNG) and Zoom Video Communications, Inc. (“Zoom”) (NASDAQ: ZM) today announced that the companies have agreed to mutually withdraw from various legal proceedings and will continue to work together while RingCentral transitions existing customers from the legacy RingCentral Meetings (RCM) service to the new RingCentral Video® (RCV™). This agreement resolves all of the parties' claims in the litigation, and the parties

Zoom and RingCentral Announce Settlement of Litigation

BONN, Germany & BELMONT, Calif.--(BUSINESS WIRE)--Deutsche Telekom and its partner RingCentral, Inc. (NYSE: RNG), a leading provider of global enterprise cloud communications, video meetings, collaboration, and contact center solutions today announced an expansion of their partnership to offer customers ‘RingCentral X powered by Telekom,' an end-to-end communications and collaboration solution. RingCentral X powered by Telekom includes RingCentral Message Video Phone (MVP®) and will be availabl

Deutsche Telekom and RingCentral Expand Partnership to Launch ‘RingCentral X powered by Telekom' for Deutsche Telekom Business Customers

BELMONT, Calif. & LONDON--(BUSINESS WIRE)--Vodafone Business and RingCentral Inc. (NYSE: RNG), a leading provider of global enterprise cloud communications, video meetings, collaboration, and contact centre solutions, today unveiled ‘Vodafone Business UC with RingCentral,' a powerful new communications platform that brings together RingCentral's flagship offering RingCentral Message Video Phone™ (MVP™) with Vodafone's mobility and 5G capabilities to give customers more choice, flexibility, and

Vodafone Business and RingCentral Bring Flexible Cloud Communications Solutions to Organisations Across Europe and Asia

BELMONT, Calif.--(BUSINESS WIRE)---- $RNG #RingCentral--RingCentral will report financial results for the fourth quarter ended December 31, 2021 after market close on Tuesday, February 22, 2022.

RingCentral Announces Date of Fourth Quarter 2021 Financial Results Conference Call

PayPal

Trade Desk

Shares of multiple tech and software companies, including Paypal Holdings Inc (NASDAQ:PYPL), RingCentral Inc (NYSE:RNG) and Trade Desk Inc (NASDAQ:TTD) are all trading higher rebounding following Monday's weakness and as investors weigh comments from Fed Chair Powell. The sector has been under pressure amid a recent rise in yields, which has weighed on growth stocks.

Why PayPal, Trade Desk And RingCentral Shares Are Rising Today

BELMONT, Calif.--(BUSINESS WIRE)---- $RNG #RingCentral--RingCentral announced that Mo Katibeh, former Chief Product Officer and Chief Marketing Officer for AT&T Business, will join the company as COO

Mo Katibeh, Former Chief Product Officer and Chief Marketing Officer for AT&T Business, to Join RingCentral as Chief Operating Officer

Chewy

Pinterest

A closer look reveals not all of these laggards are down for the same (or for permanent) reasons.

Are 3 of the NYSE's Worst-Performing Stocks Ready to Resurface in 2022?

Salesforce

Okta

Should work-from-home stocks be back in focus as coronavirus cases are surging?

Top Stocks To Buy For 2022? 4 Work-From-Home Stocks In Focus

Goldman Sachs analyst Kash Rangan initiated coverage on RingCentral Inc (NYSE:RNG) with a Buy and a price target of $240, implying a 31.9% upside. Rangan launched coverage on the communication and collaboration segment with a positive sector view.

Goldman Sachs Is Bullish On RingCentral, Sees 32% Upside

BELMONT, Calif.--(BUSINESS WIRE)---- $RNG #RingCentral--RingCentral announces $100 million share repurchase authorization

RingCentral Announces $100 Million Share Repurchase Authorization

RingCentral announced the departure of its COO on 12/08, leading to a violent stock sell-off; this is the fourth high-profile departure since August this year.

RingCentral: Too Cheap To Ignore, Stock Near A 52-Week Low

The stock price of RingCentral Inc (NYSE: RNG) fell by 13.19% today. This is why it happened.

RingCentral Stock (RNG): Why The Price Fell Today

RingCentral (RNG) stock isn't doing so hot on Thursday with heavy trading after the company announced a change in leadership. The post RNG Stock Alert: The COO News That RingCentral Investors Hanging Up Their Shares Today appeared first on InvestorPlace.

RNG Stock Alert: The COO News That RingCentral Investors Hanging Up Their Shares Today

Analysts cut their price targets on RingCentral Inc (NYSE:RNG) following its COO departure shortly after a CFO transition. Deutsche Bank analyst Matthew Niknam lowered the price target on RingCentral to $300 from $400, implying a 60% upside, and kept a Buy.

Analysts Slash Price Targets On RingCentral Over Executive Departure At Quick Succession

BELMONT, Calif.--(BUSINESS WIRE)---- $RNG #RingCentral--RingCentral announces executive leadership changes

RingCentral Announces Executive Leadership Changes

BELMONT, Calif.--(BUSINESS WIRE)--A new research study by RingCentral, Inc. (NYSE: RNG), a leading provider of global enterprise cloud communications, video meetings, collaboration, and contact center solutions, found that while the majority of American workers (80%) have the freedom to work from anywhere as 2021 draws to a close, a very small percentage (12%) believe that this same freedom will carry forward into the new year. The survey also revealed that if forced back into the office, 1 out

Workers Concerned That Workplace Freedom Will Disappear in 2022 According to New RingCentral Survey

Chegg

Peloton

Teladoc

Stocks like Chegg, Peloton, RingCentral, Teladoc Health, and Zoom thrived during the pandemic. They might look like bargains now that they've taken a hit, but they're not. Workers are being called onsite. Kids are back in school. Work and communication tools like Chegg, Zoom, and RingCentral will continue to slow, despite Covid-19 variations.

These Stocks Soared During Pandemic, Then Sunk, But That Doesn't Make Them A Bargain Now

BELMONT, Calif.--(BUSINESS WIRE)---- $RNG #RingCentral--RingCentral executive and investor relations leadership are named to Institutional Investor's prestigious 2022 All-America Executive Team

News for RingCentral Stock (RNG)