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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RingCentral (NYSE: RNG) shares are trading lower after Zoom (NASDAQ: ZM) acquired phone service provider Five9 (NASDAQ: FIVN), which has increased competition concerns for the company. Needham analyst Ryan Koontz believes RingCentral's stock will see near-term pressure from 'increased long-term competitive concerns' of Zoom's ‘power move' into the enterprise segment.

Why Shares Of RingCentral Fell Today

BELMONT, Calif.--(BUSINESS WIRE)---- $RNG #RingCentral--RingCentral announced that it will report financial results for the second quarter ended June 30, 2021 after market close on Tuesday, August 3, 2021

RingCentral Announces Date of Second Quarter 2021 Financial Results Conference Call

BELMONT, Calif.--(BUSINESS WIRE)-- #RingCentral--C&S Wholesale Grocers upgrades to RingCentral MVP with RingCentral Video to power business communications for its customers and workforce

C&S Wholesale Grocers, Inc. Upgrades to Next-Generation RingCentral MVP with RingCentral Video to Power Business Communications for its Customers and Workforce

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BELMONT, Calif.--(BUSINESS WIRE)-- #Cloud--RingCentral (NYSE: RNG), a leading provider of global enterprise cloud communications, video meetings, collaboration, and contact center solutions, today announced that the company is taking steps to protect customers from the increasing problem of robocalls and spam calls. RingCentral leverages the company's own Artificial Intelligence (AI) trained data and participates in industry tracebacks, enabling the company to root out bad actors. RingCentral also contr

RingCentral Attacks Robocalls with AI-Powered Solution and STIR/SHAKEN Implementation

The shares of RingCentral Inc (NYSE: RNG) have received a price target of $360. These are the details.

RNG Stock Price: $360 Target From Needham

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 RingCentral Video® has been selected as the winner of the “Overall Video Conferencing Solution of the Year” award in the 2021 RemoteTech Breakthrough Awards. RemoteTech Breakthrough is a leading independent market intelligence organization that evaluates and recognizes standout technology c

RingCentral Video Wins “Overall Video Conferencing Solution of the Year” from RemoteTech Breakthrough 2021 Awards

BELMONT, Calif.--(BUSINESS WIRE)-- #Cloud--RingCentral Inc. (NYSE: RNG), a leading provider of global enterprise cloud communications, video meetings, collaboration, and contact center solutions, today announced new enhancements to RingCentral Rooms™. The enhancements, specific to its video meetings capabilities within RingCentral's Message Video Phone™ (MVP™) offering and RingCentral Video®, the company's video meetings solution with team messaging, will enable people to connect, communicate, and colla

RingCentral Reimagines Meeting Rooms for New Hybrid Work Styles

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RALEIGH-DURHAM, N.C. & BELMONT, Calif.--(BUSINESS WIRE)--Avaya (NYSE:AVYA) and RingCentral Inc. (NYSE:RNG) today announced a wide range of new capabilities for the Avaya Cloud Office™ by RingCentral® Unified Communications as a Service (UCaaS) solution, including many Avaya device-specific enhancements providing easy migration, additional video and global expansion features extending the ability for customers to connect across any device and work environment. The past year has seen significant

Avaya Cloud Office™ Offers New Features Enhancing Cloud Communications for Global Businesses Going Forward to the New World of Hybrid Work

RingCentral, Inc. (NYSE:RNG) is an American company that provides cloud-based communications and collaboration solutions for businesses on their Message Video Phone global platform.

Should You Buy the Dip in RingCentral Stock?

This cloud-based business communications company could be more than just a pandemic play.

Why RingCentral Stock Tumbled Almost 18% in May

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

RingCentral (RNG) Down 12% Since Last Earnings Report: Can It Rebound?

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 a partnership with Deutsche Telekom to transform business communications for customers of all sizes. With Deutsche Telekom's extensive network presence and RingCentral's deep Unified Communications as a Service (UCaaS) and Contact Center as a Service (CCaaS) capabilities, the partnership will d

RingCentral Announces Partnership With Deutsche Telekom

RingCentral (RNG) and NICE expand their long-term partnership to sell RingCentral Contact Center worldwide.

RingCentral (RNG) Expands Long-Term Partnership With NICE

NICE Ltd

NICE Ltd (NASDAQ: NICE) and RingCentral Inc (NYSE: RNG) have extended their multi-year agreement to market and sell RingCentral Contact Center globally to tap the accelerated purchase of UCaaS and CCaaS together. RingCentral can deliver superior integrated UCaaS-CCaaS solution through the combination of RingCentral's MVP platform with NICE CXone, RingCentral COO Anand Eswaran stated.

NICE Extends RingCentral Partnership for Selling RingCentral Contact Center Globally

BELMONT, Calif. & HOBOKEN, N.J.--(BUSINESS WIRE)--RingCentral, Inc. (NYSE: RNG) and NICE (Nasdaq: NICE) today announced a multi-year expansion and extension of their long-term agreement to market and sell RingCentral Contact Center™ worldwide. Capitalizing on the accelerated trend of customers purchasing UCaaS and CCaaS together, RingCentral and NICE are expanding their partnership to bring the combined benefits of their market leading solutions, along with all future innovation and new geograp

RingCentral and NICE Expand and Extend Partnership

RingCentral has seen continued solid revenue growth. This growth comes hand in hand with large economic losses as stock-based compensation is ignored.

RingCentral: Steady Growth, But Mind The Losses

RingCentral posted strong quarterly results. RNG stock fell sharply despite beating estimates.

RingCentral: Why It Is Not Yet A Buy On The Dip

BELMONT, Calif.--(BUSINESS WIRE)-- #Omdia--RingCentral announced that it ranked first in this year's Omdia Unified Communications as a Service (UCaaS) Scorecard

RingCentral Leads in Omdia Unified Communications as a Service North American Scorecard for the Fifth Year in a Row

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RingCentral, Inc. (RNG) CEO Vlad Shmunis on Q1 2021 Results - Earnings Call Transcript

RingCentral (RNG) delivered earnings and revenue surprises of 8.00% and 3.73%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

RingCentral (RNG) Q1 Earnings and Revenues Top Estimates

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 financial results for the first quarter ended March 31, 2021. First Quarter Financial Highlights Total revenue increased 32% year over year to $352 million. Subscriptions revenue increased 34% year over year to $325 million. Total Annualized Exit Monthly Recurring Subscriptions (ARR) increased

RingCentral Announces First Quarter 2021 Results

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News for RingCentral Stock (RNG)