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. (“RingCentral” or the “Company”) (NYSE: RNG), a leading provider of AI-first global enterprise cloud communications, video, webinars, hybrid events, and contact center solutions, today announced that it has entered into individual, privately negotiated repurchase transactions (the “Note Repurchases”) with certain holders of the Company's 0% Convertible Senior Notes due 2025 (the “2025 Convertible Notes”). Pursuant to the Note Repurchases, the.

RingCentral Announces Repurchase of Approximately $253 Million of Convertible Notes

CEO Tarek Robbiati resigns from the company and its board, just four months after his appointment to the job.

RingCentral CEO Robbiati Resigns and Is Replaced by Founder Shmunis. The Stock Is Tumbling.

BELMONT, Calif.--(BUSINESS WIRE)--RingCentral, Inc. (NYSE: RNG), a leading provider of AI-first global enterprise cloud communications, video, webinars, hybrid events, and contact center solutions, today announced that Tarek Robbiati and RingCentral mutually agreed that Robbiati would separate from the company and resign from the Board of Directors, effective December 8, 2023. Robbiati's resignation is not a result of any disagreement with the Company or the Board, or any matter relating to the.

RingCentral Announces Return of Vlad Shmunis as CEO

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

Why Is RingCentral (RNG) Up 6.9% Since Last Earnings Report?

BELMONT, Calif.--(BUSINESS WIRE)-- #GartnerMQ--Gartner has recognized RingCentral as a Leader in the 2023 Magic Quadrant for Unified Communications as a Service (UCaaS), Worldwide report.

RingCentral Named a Leader in the 2023 Gartner® Magic Quadrant™ for Unified Communications as a Service, Worldwide Report for Ninth Year in a Row

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RingCentral (RNG) introduces highly personalized RingCentral Events for virtual, onsite and hybrid events.

RingCentral (RNG) Expands Portfolio With RingCentral Events

SAN FRANCISCO--(BUSINESS WIRE)--Enterprise Connect, the leading conference and exhibition for enterprise communications and customer experience, today announces Tarek Robbiati, Chief Executive Officer of RingCentral will deliver a keynote presentation. Enterprise Connect takes place March 25-28, 2024 at the Gaylord Palms in Orlando, FL. Register here. For more than 30 years, Enterprise Connect has brought corporate IT decision makers together with industry vendors, analysts, consultants, and ch.

Enterprise Connect 2024 Expands Conference Program, Adds RingCentral CEO Keynote

BELMONT, Calif.--(BUSINESS WIRE)-- #AI--RingCentral introduces RingCentral Events, an all-in-one solution for virtual, onsite, and hybrid event needs.

RingCentral Introduces RingCentral Events for Virtual, Onsite, and Hybrid Events

BELMONT, Calif.--(BUSINESS WIRE)-- #AI--RingCentral announces general availability of RingCX, its AI-first contact center.

RingCentral Announces General Availability of RingCX, a Natively Built AI-first Contact Center that is Simple to Use and Easy to Deploy

RingCentral's (RNG) Q3 results benefit from strong subscription revenue growth, driven by strong subscription revenues.

RingCentral (RNG) Q3 Earnings Top Estimates, Revenues Up Y/Y

RingCentral, Inc. (NYSE:RNG ) Q3 2023 Earnings Conference Call November 6, 2023 5:00 PM ET Company Participants Will Wong - VP, IR Vlad Shmunis - Founder, Chairman and CEO Tarek Robbiati - Incoming CEO Sonalee Parekh - CFO Conference Call Participants Matthew Niknam - Deutsche Bank Michael Funk - Bank of America Ryan MacWilliams - Barclays Kash Rangan - Goldman Sachs Brian Peterson - Raymond James Meta Marshall - Morgan Stanley Siti Panigrahi - Mizuho Securities Matt VanVliet - BTIG Robert Dee - Truist Securities Will Power - Baird Ryan Koontz - Needham & Company Michael Turrin - Wells Fargo Operator Good afternoon and welcome to the RingCentral Third Quarter 2023 Earnings Conference Call. All participants will be in listen-only mode.

RingCentral, Inc. (RNG) Q3 2023 Earnings Call Transcript

While the top- and bottom-line numbers for RingCentral (RNG) give a sense of how the business performed in the quarter ended September 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

RingCentral (RNG) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

RingCentral Inc.'s stock jumped about 10% in after-hours trading Monday after it reported a narrowing quarterly loss, results that beat analysts' forecasts on the top- and bottom-lines, and sales projections that were raised.

RingCentral's stock jumps on narrowing loss, revenue beat, raised guidance

BELMONT, Calif.--(BUSINESS WIRE)---- $RNG #UCaaS--RingCentral today announced financial results for the third quarter ended September 30, 2023.

RingCentral Announces Third Quarter 2023 Results

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MADRID & BELMONT, Calif.--(BUSINESS WIRE)--Vodafone and RingCentral unveil solution in Spain to provide business customers greater flexibility and simplicity in the way they work.

Vodafone and RingCentral Deliver New Cloud Solution in Spain to Enable Flexible Ways of Working

BELMONT, Calif.--(BUSINESS WIRE)--RingCentral announces it will report financial results for the third quarter ended September 30, 2023 after market close on Monday, November 6, 2023.

RingCentral Announces Date of Third Quarter 2023 Financial Results Conference Call

SANTA BARBARA, Calif.--(BUSINESS WIRE)--Theta Lake, Inc., fresh from the news of being included as a vendor in the new Gartner market category of Digital Communication Governance (DCG) and also receiving the Best Compliance Product for Unified Communications (UC) at the UC Awards, today announced the expansion of its strategic partnership with RingCentral, a leading provider of AI-powered global enterprise cloud communications, video meetings, collaboration, and contact center solutions. Theta.

Theta Lake Expands Partnership with RingCentral by adding RingCentral Contact Center Support to Deliver More Customer Value

BELMONT, Calif.--(BUSINESS WIRE)--RingCentral announces that NFP has selected RingCentral MVP and RingCentral Contact Center to power employee and customer engagement.

RingCentral Confirms NFP Has Selected Its Cloud Communications Solutions to Power Employee and Customer Engagement

Why Is RingCentral (RNG) Down 0.7% Since Last Earnings Report?

BELMONT, Calif.--(BUSINESS WIRE)--Republic Airways has selected RingCentral MVP and RingCentral Contact Center to power more effective employee communications.

Republic Airways Selects RingCentral to Power Communications for Aviation Professionals

BELMONT, Calif.--(BUSINESS WIRE)--RingCentral, Inc. (“RingCentral” or the “Company”) (NYSE: RNG), a leading provider of AI-powered global enterprise cloud communications, video meetings, collaboration, and contact center solutions, today announced that it has entered into individual, privately negotiated repurchase transactions (the “Note Repurchases”) with certain holders of the Company's 0% Convertible Senior Notes due 2025 (the “2025 Convertible Notes”) and 0% Convertible Senior Notes due 20.

RingCentral Announces Repurchase of Approximately $171 Million of Convertible Notes

BELMONT, Calif.--(BUSINESS WIRE)--RingCentral, Inc. (“RingCentral” or the “Company”) (NYSE: RNG) announced today that it has priced its offering of $400 million aggregate principal amount of its 8.500% senior notes due 2030 (the “notes”) in a private offering (the “offering”) that is exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”). The offering is expected to close on August 16, 2023, subject to customary closing conditions. The Company.

RingCentral Announces Pricing of $400 Million of Senior Unsecured Notes Due 2030

BELMONT, Calif.--(BUSINESS WIRE)--RingCentral, Inc. (“RingCentral” or the “Company”) (NYSE: RNG) announced today that it intends to offer, subject to market and other conditions, $400 million aggregate principal amount of its senior notes due 2030 (the “notes”) in a private offering (the “offering”) that is exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”). The notes will be senior unsecured obligations of the Company and are expected to.

RingCentral Announces Proposed Private Offering of $400 Million of Senior Unsecured Notes Due 2030

Cloud communications veteran RingCentral took a hit on Tuesday despite strong Q2 earnings. An unexpected CEO change caused investor concern, though the new leader is highly qualified.

News for RingCentral Stock (RNG)