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 (RNG) doesn't possess 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) Reports Next Week: Wall Street Expects Earnings Growth

BELMONT, Calif.--(BUSINESS WIRE)-- #RingCentral--RingCentral, Inc. (NYSE: RNG), a leading provider of global enterprise cloud communications, collaboration, and contact center solutions, today announced that it is featured in the new Amazon Web Services (AWS) Activate Console Exclusive Offers program. This means that startups building on AWS can now access customized, discounted offers on RingCentral Office®, the company's flagship product offering, directly through the AWS Activate Console. RingCentral Offic

RingCentral Now Available in the AWS Activate Console

BELMONT, Calif.--(BUSINESS WIRE)-- #RingCentral--RingCentral, Inc. (NYSE: RNG) has released more than 70 new features to RingCentral Video™ since it launched in April 2020.

RingCentral Drives Rapid Video Meetings Innovation; Adds 70+ New Features to RingCentral Video for Secure and Reliable Business Communications

Sustainable growth, solid subscriber metrics, and new partnerships being formed by RingCentral present a potential upside to the current high valuation. The extremely volatile geopolitical environment will continue to be a risk factor until after the results of the 2020 Presidential Election in the United States are announced.

RingCentral: The Pieces Are In Place For Continued Growth And Geographic Expansion

BELMONT, Calif.--(BUSINESS WIRE)-- #RingCentral--RingCentral, Inc. (NYSE: RNG), a leading provider of global enterprise cloud communications, collaboration, and contact center solutions, today announced a new high-volume SMS service that enables businesses to send SMS messages and updates to their customers rapidly and reliably. Using this service, developers can build customized apps using RingCentral's business communications platform. RingCentral also offers the service via pre-built applications available

RingCentral Announces Fully Integrated High-Volume SMS Services for Rapid Business Communications

BELMONT, Calif.--(BUSINESS WIRE)-- #Cloud--RingCentral, Inc. (NYSE: RNG) a leading provider of global enterprise cloud communications, collaboration, and contact center solutions, will host its first-ever virtual developer conference - Code Together - from October 20-22, 2020. The conference will bring together developers from around the world to explore the latest developments in business communication technology with fresh thinking from leaders and innovators including Guy Kawasaki, chief evangelist a

RingCentral Hosts Business Communications Developer Virtual Conference

BELMONT, Calif.--(BUSINESS WIRE)---- $RNG #RingCentral--RingCentral announces it will report financial results for the third quarter ended September 30, 2020 after market close on Monday, November 9, 2020

RingCentral Announces Date of Third Quarter 2020 Financial Results Conference Call

BELMONT, Calif.--(BUSINESS WIRE)-- #RingCentral--RingCentral, Inc. (NYSE: RNG), a leading provider of global enterprise cloud communications, collaboration, and contact center solutions, today announced that RingCentral Video™ (RCV) has been recognized by the Academy of Interactive and Visual Arts with a W3 Gold award in the General Website Applications-Services category. RingCentral Video also received two W3 Silver awards for Best Visual Appeal - Experience and Best Visual Appeal - Utility. RingCentral Vide

RingCentral Video Receives W3 Gold Award

BELMONT, Calif.--(BUSINESS WIRE)-- #RingCentral--RingCentral, Inc. (NYSE: RNG), a leading provider of global enterprise cloud communications, collaboration, and contact center solutions, today announced that RingCentral Global Office™, a unified solution that includes team messaging, video meetings, and a cloud phone system, will be available in six continents including Africa, Asia, Australia, Europe, North America, and South America. RingCentral is also announcing expansion into several countries -- Estonia

RingCentral Announces Expansion of RingCentral Global Office Across Six Continents with Unified Team Messaging, Video Meetings, and Cloud Phone System

PARIS & BELMONT, Calif.--(BUSINESS WIRE)-- #Cloud--Atos SE (CAC40: ATO), a global leader in digital transformation and RingCentral, Inc. (NYSE: RNG), a leading provider of global enterprise cloud communications, collaboration, and contact center solutions, today announced the launch of Unify Office by RingCentral in Germany. Unify Office by RingCentral combines the very latest Unified Communications as a Service (UCaaS) technology with the knowledge and insights of the German communications market from

Atos and RingCentral Launch Unify Office by RingCentral in Germany

Avaya Holdings

SANTA CLARA & BELMONT, Calif.--(BUSINESS WIRE)--Avaya (NYSE: AVYA) and RingCentral Inc. (NYSE: RNG) today announced the expansion of Avaya Cloud OfficeTM by RingCentral® across Europe, with the solution now generally available in France, Ireland, and the Netherlands. In addition, the companies also announced that they have signed their first seven-figure deal with a large United Kingdom-based Government customer. This geographic expansion of Avaya Cloud Office follows the launch of the solution

Avaya and RingCentral Announce Expansion of Unified Cloud Communications Offering – Avaya Cloud Office™ – Across Europe to Keep Businesses Productive

BELMONT, Calif.--(BUSINESS WIRE)-- #Cloud--RingCentral, Inc. (NYSE: RNG), a leading provider of global enterprise cloud communications, collaboration, and contact center solutions, today announced that its unified communications platform including team messaging, video meetings, and cloud phone system will now be available in Germany with a new datacenter in Frankfurt, and a new office in Hamburg, Germany. As RingCentral continues its global expansion efforts, Germany remains a key strategic location fo

RingCentral Launches in Germany with New Datacenter and Data Residency

PARIS & BELMONT, Calif.--(BUSINESS WIRE)-- #Cloud--Atos SE (CAC40: ATO), a global leader in digital transformation and RingCentral, Inc. (NYSE: RNG), a leading provider of global enterprise cloud communications, collaboration, and contact center solutions, today announced the first release of Unify Office (UO) by RingCentral in France. It will also be available in Austria, Belgium, Ireland, Italy, Spain and The Netherlands. Pierrick Belledent, Head of the Business Information Department at the Ecole Nor

Atos and RingCentral Launch Unify Office in France

RingCentral: Consistent Growth, But A Hard To Swallow Valuation, With Little To No Margin Of Safety

BELMONT, Calif.--(BUSINESS WIRE)-- #RingCentral--RingCentral announced that Mindbody has adopted RingCentral’s unified cloud communications platform to keep its distributed workforce connected.

Mindbody Adopts RingCentral’s Modern Cloud Communications Solution to Keep Its Distributed Workforce Connected

Ringcentral (RNG) saw a big move last session, as its shares jumped more than 7% on the day, amid huge volumes.

Ringcentral (RNG) Surges: Stock Moves 7.3% Higher

BELMONT, Calif.--(BUSINESS WIRE)-- #Cloud--RingCentral, Inc.

RingCentral, Inc. Prices $650 Million 0% Convertible Senior Notes Offering (up 52.5% Conversion Premium)

BOSTON--(BUSINESS WIRE)--Nucleus Research, a global provider of ROI-focused technology research and advisory services, today announced the findings of a study of AimBank, a provider of personal and business banking services to the communities of West Texas, which found that their deployment of RingCentral’s cloud communications platform to replace its legacy on-premise systems has resulted in enhanced communications, customer engagement and employee productivity across its business. RingCentral

AimBank Transforms Business Communications and Drives Customer Engagement with RingCentral’s Cloud Communications Solution Across 27 Locations

Computer History Museum and RingCentral Partner to Modernize Communications Across Historical Bay Area Institution

RingCentral, Inc. Announces $600 Million Convertible Senior Notes Offering

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BELMONT, Calif.--(BUSINESS WIRE)-- #RingCentral--RingCentral today announced the appointment of Homayoun Razavi to lead its service provider business, globally.

RingCentral Appoints Homayoun Razavi to Lead Global Service Provider Business Unit

BELMONT, Calif.--(BUSINESS WIRE)-- #RingCentral--RingCentral, Inc.

Frost & Sullivan Ranks RingCentral Highest for the European Hosted IP Telephony and UCaaS Market in 2020 UCaaS Radar Report

RingCentral (RNG) news for the cloud communications company on Tuesday include a major deal with Alcatel-Lucent have RNG stock taking off.
The post RingCentral News: RNG Stock Jumps 7% on Alcatel-Lucent Deal appeared first on InvestorPlace.

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