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 it is bringing a broad and reliable set of phone capabilities to Microsoft Teams. Customers have the option to choose between a direct routing solution or the RingCentral dialer integration for Microsoft Teams, and will have access to SMS, fax, voicemail, and more. RingCentral is also announcing

RingCentral Gives Customers More Flexibility with New Microsoft Teams Enhancements and BYOC

DÜSSELDORF, Germany & BELMONT, Calif.--(BUSINESS WIRE)--1&1 Versatel, one of Germany's leading business-to-business (B2B) providers of fiber gigabit connections and network-related services, today announced their partnership with RingCentral, Inc. (NYSE: RNG), a leading provider of global enterprise cloud communications, video meetings, collaboration, and contact center solutions. As part of the partnership, 1&1 Versatel will offer customers a new co-branded cloud communications solutio

1&1 Versatel Partners With RingCentral to Bring the Power of Gigabit Internet and Business Communications to its Customers

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The shares of RingCentral Inc (NYSE: RNG) have received a price target of $400 from Needham. These are the details.

RingCentral (RNG) Stock: $400 Price Target From Needham

RingCentral offers global enterprise cloud communications. The company is a leader according to Gartner, which highlighted its services as the best for unified communications. The recent increase in the company's guidance appears very relevant. RingCentral expects subscription sales growth to increase by 35% and operating margins to increase as much as 10%.

RingCentral: Sufficient Scalability May Make Its Price Creep Up To 50%

According to the agreement, RingCentral, Inc. (NYSE: RNG) will become an exclusive Mitel UCaaS partner and provide the company's global client base with a mobile-first, next-gen, cloud communication platform that's secure, reliable, and broad enterprise application integrations and is rich in functionality. Mitel claims that it'll continue to support the clients on the MiCloud Connect […] The post RingCentral is up 25% following partnership with Mitel appeared first on Invezz.

RingCentral is up 25% following partnership with Mitel

Cloud communications companies are proving to be resilient growth stories.

Why RingCentral Stock Jumped 28% Higher This Morning

RingCentral Inc (NYSE: RNG) is trading significantly higher Wednesday after the company reported better-than-expected third-quarter financial results and announced a strategic partnership to provide Mitel's customer base with a seamless migration path to its MVP cloud communications platform. RingCentral reported quarterly earnings of 36 cents per share, which beat the estimate of 33 cents per share.

Why RingCentral's Stock Is Soaring Today

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The stock price of RingCentral Inc (NYSE: RNG) increased by over 25% pre-market today. This is why it happened.

RingCentral (RNG) Stock: Why The Price Is Surging Today

Keybanc analyst Steve Enders maintained RingCentral Inc (NYSE:RNG) with an Overweight and raised the price target from $390 to $404, implying a 72.3% upside. RingCentral reported third-quarter FY21 revenue growth of 37% year-on-year to $414.6 million, beating the consensus of $393.4 million.

Why Are RingCentral Shares Trading Higher Premarket?

RingCentral, Inc. (RNG) CEO Vladimir Shmunis on Q3 2021 Results - Earnings Call Transcript

RingCentral (RNG) delivered earnings and revenue surprises of 9.09% and 5.39%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

RingCentral (RNG) Q3 Earnings and Revenues Beat Estimates

RingCentral Inc. RNG, +1.23% shares rallied 20% in the extended session Tuesday after the cloud-based communications company reported adjusted third-quarter profit and sales above Wall Street expectations, calling the results "outstanding," and raised guidance for the year. RingCentral said it lost $147 million, or $1.60 a share, in the third quarter, compared with a loss of $21 million, or 24 cents a share, in the year-ago quarter.

RingCentral stock rallies 20% after Q3 results top Wall Street views

RingCentral (NYSE:RNG) reported its Q3 earnings results on Tuesday, November 9, 2021 at 04:02 PM. Here's what investors need to know about the announcement.

RingCentral: Q3 Earnings Insights

BELMONT, Calif. & OTTAWA, Ontario--(BUSINESS WIRE)--RingCentral, Inc. (NYSE: RNG), a leading provider of global enterprise cloud communications, video meetings, collaboration, and contact center solutions, and Mitel, a global leader in business communications, announced a strategic partnership to provide Mitel's global customer base with a seamless migration path to RingCentral's Message Video Phone™ (MVP®) cloud communications platform. Partnership highlights: RingCentral becomes the exclusive

RingCentral and Mitel Announce Strategic Partnership to Enable Customers to Transition Seamlessly to Cloud-Based Unified Business Communications

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 third quarter ended September 30, 2021. Third Quarter Financial Highlights Total revenue increased 37% year over year to $415 million. Subscriptions revenue increased 38% year over year to $385 million. Total Annualized Exit Monthly Recurring Subscriptions (ARR) increa

RingCentral Announces Third Quarter 2021 Results

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BELMONT, Calif.--(BUSINESS WIRE)-- #UCaaS--RingCentral, Inc. (NYSE:RNG), a leading provider of global enterprise cloud communications, video meetings, collaboration, and contact center solutions, today announced that Heartland Dental, the largest dental support organization in the United States with over 2,300 dentists in more than 1,400 dental offices across 38 states, is using RingCentral MVP™ (Message Video Phone™) to power business communications among its employees and teams across the country. Hea

RingCentral Helps America's Largest Dental Support Organization to Run and Grow Its Business

RingCentral (RNG) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

RingCentral (RNG) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

BELMONT, Calif.--(BUSINESS WIRE)-- #UCaaS--RingCentral, Inc. (NYSE: RNG), a leading provider of global enterprise cloud communications, video meetings, collaboration, and contact center solutions, today announced that Susan G Komen®, the world's leading breast cancer organization, has turned to RingCentral MVP™ (Message Video Phone™) to drive business communications across its entire operations. Since implementing RingCentral, Susan G. Komen has shifted its workforce to be fully remote, enabling employe

Susan G. Komen Maximizes Breast Cancer Donor Dollars by Going Fully Remote with RingCentral Cloud Communications

BELMONT, Calif.--(BUSINESS WIRE)-- #CriticalCapabilities--RingCentral ranks highest in 3 out of 4 use cases in 2021 Gartner Critical Capabilities for Unified Communications as a Service, Worldwide report

RingCentral Ranked Highest in Three out of Four Use Cases in the 2021 Gartner® Critical Capabilities for Unified Communications as a Service, Worldwide Report

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 new partnerships with three leading healthcare Independent Software Vendors (ISVs) - Ascom, ChronicCareIQ, and ELLKAY - to bring new capabilities to RingCentral MVP® (Message Video Phone™) and RingCentral Contact Center™. The partnerships enable providers to transform point of care workflows man

RingCentral Partners With Leading Healthcare Providers to Drive Better Patient Outcomes

BELMONT, Calif.--(BUSINESS WIRE)-- #GartnerMQ--Gartner has recognized RingCentral as a Leader in the 2021 Magic Quadrant for Unified Communications as a Service (UCaaS), Worldwide report

RingCentral Named a Leader in the 2021 Gartner® Magic Quadrant™ for Unified Communications as a Service, Worldwide Report for Seventh Year in a Row

BELMONT, Calif.--(BUSINESS WIRE)---- $RNG #UCaaS--RingCentral announces it will report financial results for the third quarter ended September 30, 2021 after market close on Tuesday, November 9, 2021

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