Welcome to our dedicated page for RingCentral news (Ticker: RNG), a resource for investors and traders seeking the latest updates and insights on RingCentral stock.
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approach has made it a significant player in modernizing business communications, moving companies away from outdated, on-premises systems to efficient, cloud-based solutions.
Rhea-AI Summary
RingCentral (RNG) announced a unified patient care solution for healthcare organizations worldwide, with new integrations with Electronic Health Record (EHR) providers. The solution aims to bridge gaps in patient engagement, simplify workflows, and improve documentation. The new partnership with patient engagement software platform SpinSci ensures optimal and secure patient experiences. RingCentral's AI-powered communications suite offers high-touch assistance through any digital channel, providing a comprehensive 360-degree view of patient records. The solution also leverages generative AI to automate common inquiries, gather insights into operational efficiencies and patient needs, and support appointment scheduling and follow-ups.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.54%
Tags
-
Rhea-AI Summary
RingCentral, Inc. (NYSE: RNG) has seen a 46% increase in staff productivity, a 53% increase in staff satisfaction, and a 42% increase in HCAHPS patient satisfaction from healthcare customers using its HIPAA-compliant communications solution. The company has added over 500 new healthcare customers in the past 18 months, including Sun River Health and Heartland Dental. These organizations have chosen RingCentral for its reliability, unified communications, contact center solutions, and reputation for support. The adoption of cloud-based communications through RingCentral has enabled these healthcare organizations to enhance patient care and grow their leadership in serving key provider segments across the country.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.54%
Tags
-
Rhea-AI Summary
RingCentral, Inc. (NYSE: RNG) will report Q4 2023 financial results on February 20, 2024, followed by a conference call to discuss the results. The call can be accessed via phone or webcast, with a replay available until February 27, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.62%
Tags
Rhea-AI Summary
RingCentral, Inc. (NYSE: RNG) announced the election of Ned Segal to its Board of Directors, effective as of the 2023 Annual Meeting of Shareholders. Segal, a seasoned executive with over 25 years of technology and finance experience, will bring a financially-driven approach to the boardroom. He previously served as the CFO of Twitter and held various positions at Goldman Sachs. Segal's appointment aims to drive sustainable, profitable growth and deliver value for shareholders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.25%
Tags
-
Rhea-AI Summary
RingCentral, Inc. (NYSE: RNG) announced entering into individual, privately negotiated repurchase transactions with certain holders of the Company’s 0% Convertible Senior Notes due 2025, paying approximately $240 million in cash to repurchase approximately $253 million aggregate principal amount of the 2025 Convertible Notes using the proceeds received from the Company’s previously announced issuance of its 8.500% Senior Notes due 2030.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.6%
Tags
-
Rhea-AI Summary
RingCentral, Inc. (NYSE: RNG) announced the departure of Tarek Robbiati and the return of Vlad Shmunis as CEO. The company reaffirmed its fourth quarter and full year 2023 guidance on revenue, non-GAAP operating margin, and adjusted, unlevered free cash flow.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.8%
Tags
Rhea-AI Summary
RingCentral, Inc. (NYSE:RNG) has been recognized by Gartner as a Leader in the 2023 Magic Quadrant for Unified Communications as a Service (UCaaS), Worldwide report, making this RingCentral’s ninth year in a row being named to the Leaders quadrant. With more than 400,000 business customers worldwide, RingCentral continues to innovate by bringing the power of AI-first solutions across its product portfolio. The 2023 Gartner Critical Capabilities for UCaaS report also reveals that RingCentral is ranked #1 in three out of the six product or service use case categories.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.28%
Tags
-
Rhea-AI Summary
RingCentral, Inc. (NYSE: RNG) Announces Management Team's Participation in Investor Conferences
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.69%
Tags
-
Rhea-AI Summary
RingCentral, Inc. (NYSE: RNG) Announces Global Availability of RingCentral Events™, an All-in-One Solution for Virtual, Onsite, and Hybrid Event Needs
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.73%
Tags
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.73%
Tags
FAQ
What is the current stock price of RingCentral (RNG)?
The current stock price of RingCentral (RNG) is $28.95 as of February 21, 2025.
What is the market cap of RingCentral (RNG)?
The market cap of RingCentral (RNG) is approximately 2.8B.
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
NYSE:RNG
RNG Rankings
RNG Stock Data
2.77B
79.15M
1%
103.65%
5.73%
Software - Application
Services-computer Processing & Data Preparation
United States
BELMONT