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RINGCENTRAL, INC. - RNG STOCK NEWS

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RingCentral, Inc. (symbol: RNG) is a leading provider in the Unified Communications as a Service (UCaaS) sector, offering businesses a seamless and secure way to manage voice, fax, text, and conferencing needs regardless of their size, location, device, or budget. Established in 2003, RingCentral has developed a robust cloud computing platform that ensures reliable and mission-critical business communications.

Unlike traditional phone companies, RingCentral delivers a flexible and easy-to-manage cloud communications solution that eliminates the need for on-premise phone systems and associated hardware. This allows businesses to easily set up, access, and control their communication services online or via a mobile device.

RingCentral's core product is the RingCentral MVP (Message, Video, Phone) solution, which integrates multiple communication methods into a single platform. Additionally, the company offers a cloud-based contact center solution and a stand-alone video meetings solution, as well as webinars.

Recent achievements include major partnerships and integrations with other cloud applications, further enhancing their service flexibility and scalability. The company’s financial health is underscored by consistent investments in their technology infrastructure, which has allowed them to provide a highly reliable and adaptable communication service.

RingCentral’s transformative approach has made it a significant player in modernizing business communications, moving companies away from outdated, on-premises systems to efficient, cloud-based solutions.

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RingCentral, Inc. (NYSE: RNG) Announces Management Team's Participation in Investor Conferences
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RingCentral, Inc. (NYSE: RNG) Announces Global Availability of RingCentral Events™, an All-in-One Solution for Virtual, Onsite, and Hybrid Event Needs
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RingCentral, Inc. (NYSE: RNG) announced the general availability of RingCX™, a native, AI-first contact center with new capabilities powered by its RingSense™ AI platform. The press release highlights the disruptive combination of product, packaging, and pricing, with over 50 customers already selecting RingCX during controlled availability, including a 1,000 plus seat win from a Fortune 500 company. RingCX offers AI-first functionality embedded with RingSense AI, rich omnichannel capabilities, and is attractively priced at $65 per agent per month. The offering is simple to use, easy to deploy, and complements RingCentral Contact Center. Partner integrations with Salesforce, Zendesk, Cognigy, Google DialogFlow, Yellow.ai, Balto, and Calabrio are already available, with additional integrations coming soon.
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RingCentral, Inc. (NYSE: RNG) announced its Q3 2023 financial results. Total revenue increased 10% YoY to $558 million, with subscriptions revenue growing 10% to $531 million. Annualized Exit Monthly Recurring Subscriptions (ARR) reached $2.26 billion, up 11% YoY. GAAP operating margin improved to (9.7%) compared to (35.9%) in the prior year, while non-GAAP operating margin increased to 19.1%, up 560 basis points YoY.
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Vodafone Business and RingCentral have launched 'One Net Unite con RingCentral', a solution that combines collaboration capabilities and national fixed-mobile voice communications. It aims to provide business customers in Spain with greater flexibility and simplicity in their work, facilitating work collaboration and remote working. The solution enables more direct and efficient contact between employees, customers, and suppliers. It combines RingCentral's collaboration features with Vodafone's communications services and is fully cloud-based for accessibility from any device. This collaboration aims to boost productivity and enable different ways of working.
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RingCentral to report Q3 2023 financial results on November 6, 2023
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NFP selects RingCentral for employee and customer engagement, migrating 8,000 employees and 600 agents to RingCentral solutions. RingCentral provides advanced telephony features, integration with Microsoft Teams, AI-powered insights, and real-time analytics. NFP achieves frictionless growth, improved customer experiences, and substantial savings.
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RingCentral selected by Republic Airways for improved employee communications and contact center solutions
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RingCentral announces privately negotiated repurchase transactions of convertible senior notes, paying approximately $122 million and $35 million in cash to repurchase $130 million and $41 million aggregate principal amount of the 2025 Convertible Notes and 2026 Convertible Notes, respectively. Following the repurchases, approximately $409 million and $609 million aggregate principal amount of the 2025 Convertible Notes and 2026 Convertible Notes will remain outstanding, respectively.
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RingCentral to present at Goldman Sachs Communacopia + Technology Conference
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FAQ

What is the current stock price of RINGCENTRAL (RNG)?

The current stock price of RINGCENTRAL (RNG) is $36.91 as of November 22, 2024.

What is the market cap of RINGCENTRAL (RNG)?

The market cap of RINGCENTRAL (RNG) is approximately 3.3B.

What does RingCentral, Inc. specialize in?

RingCentral specializes in Unified Communications as a Service (UCaaS), providing voice, fax, text, and conferencing solutions.

What is RingCentral MVP?

RingCentral MVP stands for Message, Video, Phone, integrating multiple communication methods into one platform.

How does RingCentral differ from traditional phone companies?

RingCentral offers a cloud-based communications solution that eliminates the need for on-premise phone systems and hardware.

Can RingCentral services be managed online?

Yes, businesses can set up, access, and control their RingCentral services online or via a mobile device.

What additional services does RingCentral offer?

Besides RingCentral MVP, the company offers a cloud-based contact center solution, a stand-alone video meetings solution, and webinars.

What sets RingCentral’s platform apart?

RingCentral’s platform is built on a custom cloud computing infrastructure that offers flexibility, scalability, and reliability.

How does RingCentral support mission-critical communications?

RingCentral's robust cloud platform ensures high reliability and security for mission-critical business communications.

When was RingCentral established?

RingCentral was founded in 2003.

Does RingCentral integrate with other cloud applications?

Yes, RingCentral's solutions integrate with various other cloud applications, enhancing their flexibility and usability.

What recent achievements has RingCentral made?

Recent achievements include partnerships and integrations with other cloud applications and continuous investment in technology infrastructure.

RINGCENTRAL, INC.

NYSE:RNG

RNG Rankings

RNG Stock Data

3.27B
79.06M
1.76%
104.89%
5.6%
Software - Application
Services-computer Processing & Data Preparation
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United States of America
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