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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Chase Coleman (Trades, Portfolio), founder of Tiger Global Management and one of Julian Robertson (Trades, Portfolio)'s former “tiger cubs,” disclosed earlier this week he upped his stake in RingCentral Inc. ( RNG , Financial) by 23.98%.

Chase Coleman Reinforces RingCentral Bet

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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 new capabilities that will help organizations to bring together their preferred apps and services with a cloud-based business communications platform. The result is a solution customized to the specific needs of a company and its people working in a hybrid world. Making it easy to connect their

RingCentral Reveals Platform Innovations that Help Every Organization to Embrace Hybrid Work

RingCentral (RNG) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Why RingCentral (RNG) is Poised to Beat Earnings Estimates Again

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 RingCentral Rise, a new platform designed exclusively for service providers around the world. By leveraging Resources, Innovation, System integration, and Experiences (Rise) from RingCentral, service providers can now offer their own unique, co-branded unified cloud communications solutions incl

RingCentral Announces RingCentral Rise™, a Strategic and Secure Communications Platform Designed for Service Providers Around the World

The shares of RingCentral Inc (NYSE: RNG) received a price target of $300. These are the details.

RNG Stock: $300 Price Target From Summit Insights

RingCentral (RNG) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

RingCentral (RNG) Surges 5.1%: Is This an Indication of Further Gains?

RingCentral stock underperformed over the last year, driven by negative sentiment due to Zoom Video entering the UCaaS market. RingCentral sell-off is overdone in our view. We expect multiple winners in the market and expect both Zoom and RingCentral to do well since the market is large and the transition to UCaaS is in early stages.

RingCentral - Stock Cut In Half Making It A Screaming Buy

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 that MCM Telecom will offer a co-branded solution called RingCentral for Symphony, which will be the lead MCM Unified Communications as a Service (UCaaS) offering to all business customers. MCM and RingCentral have joined forces to bring together all the essential elements of hybrid work into a

RingCentral Forges First Ever Partnership in Mexico with MCM Telecom

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 exciting new capabilities for RingCentral MVP™ (Message Video Phone™). The new features are designed to immediately address the challenges faced by workers and teams working in a hybrid world. Nat Natarajan, executive vice president, Products and Engineering, at RingCentral, said, “As organizatio

RingCentral MVP Innovations Leapfrog Competition in Solving Productivity Challenges of Hybrid Work

The UCaaS industry is expected to have a 25.3% CAGR.

RingCentral Is Undervalued More Than 90%

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 that it has been granted a Unified License that will enable the company to provide its Unified Communications as a Service (UCaaS) and Contact Center as a Service (CCaaS) solutions in India, and will make RingCentral the first global cloud provider to offer fully compliant voice and other unified

Indian Department of Telecommunications Grants Unified License to RingCentral

RingCentral (RNG) reported earnings 30 days ago. What's next for the stock?

Why Is RingCentral (RNG) Up 0.6% Since Last Earnings Report?

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Wall Street enthusiasm is muted yet the indices continually break records. Finding bargain stocks to buy is difficult but rewarding.

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The company's RingCentral Video, which was launched in April 2020, offers more than 250 features, including waiting rooms, virtual backgrounds, live switching between devices, and many more capabilities. Contrary to the pessimistic vision from short-sellers, the management increased its 2021 outlook. The company is expecting sales growth of 30%-31% and operating margins of 10%-10.1%.

RingCentral Is A Buy, And Short Sellers Don't Get It

BELMONT, Calif.--(BUSINESS WIRE)-- #CloudCommunications--RingCentral, Inc. (NYSE:RNG), a leading provider of global enterprise cloud communications, video meetings, collaboration, and contact center solutions, today announced a range of new capabilities to help organizations run and grow their business by enabling employees to communicate and collaborate effectively, securely, and productively from anywhere. Nat Natarajan, executive vice president, Products and Engineering, at RingCentral, said, “RingCentral is conti

RingCentral Announces Innovations to Supercharge Enterprise Communications and Hybrid Work

RingCentral's (RNG) CEO Vlad Shmunis on Q2 2021 Results - Earnings Call Transcript

RingCentral (RNG) delivered earnings and revenue surprises of 14.29% and 5.66%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

RingCentral (RNG) Tops Q2 Earnings and Revenue Estimates

Shares of RingCentral (NYSE:RNG) moved higher in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share were up 33.33% year over year to $0.32, which beat the estimate of $0.28.

RingCentral: Q2 Earnings Insights

BELMONT, Calif.--(BUSINESS WIRE)---- $RNG #RingCentral--RingCentral today announced financial results for the second quarter ended June 30, 2021.

RingCentral Announces Second Quarter 2021 Results

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If you're waiting to buy the dip, look down at your dip. Some stocks are already trading roughly a third lower than they were at the start of the year.

Sell-Off? Correction? These 2 Stocks Are Already Down 30% in 2021

BELMONT, Calif.--(BUSINESS WIRE)-- #UCaaS--Envera Systems, a leader in technology-based community security solutions, is using RingCentral, Inc. (NYSE:RNG), a leading provider of global enterprise cloud communications, video meetings, collaboration, and contact center solutions, to power its business communications and help keep neighborhoods safer across the US. As a provider of 24/7, web-based security solutions to residential communities, Envera was seeking a modern, reliable cloud solution. RingCent

Envera Systems Keeps Neighborhoods Safer with RingCentral Cloud Communications Solutions

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 the company has been highly ranked in 11 categories of the Comparably 2021 Leadership Awards, which highlight the best CEOs and companies. Of note, RingCentral was recognized in Best CEOs for Diversity, Best CEOs for Women, Best Leadership, and Best Workplaces in the Bay Area. The awards are der

RingCentral CEO, People and Culture Rank Highly in Comparably 2021 Leadership Awards

Bandwidth

RALEIGH, N.C., July 27, 2021 /PRNewswire/ -- Bandwidth Inc. (NASDAQ: BAND), a leading global enterprise communications platform and cloud-native carrier, today announced plans to deliver early access to a new "Bring Your Own Carrier" (BYOC) solution for RingCentral, Inc. (NYSE: RNG), a leading provider of global enterprise cloud communications, video meetings, collaboration and contact center solutions.

Bandwidth Launches Duet for RingCentral - A Bring Your Own Carrier (BYOC) Solution To Help Large Enterprises Modernize Cloud Communications

The red-hot cloud communications sector is cooling down thanks to widespread vaccination against COVID-19.

News for RingCentral Stock (RNG)