RingCentral (RNG) came out with quarterly earnings of $0.95 per share, beating the Zacks Consensus Estimate of $0.92 per share. This compares to earnings of $0.78 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 3.26%. A quarter ago, it was expected that this cloud-based phone system provider for small businesses would post earnings of $0.88 per share when it actually produced earnings of $0.91, delivering a surprise of 3.41%.O ...

| --- | --- | |---------------------|-------------------| | | | | | | | | | | | | | | | | | | | | | | Corporate Overview | | | and Q3'24 Financial | | | Results | | | | | | | | | | | | | | | November 07, 2024 | ©2024 RingCentral | Safe Harbor and Non-GAAP Measures This presentation includes forward-looking statements within the meaning of the federal securities laws. These statements relate to, among other things, our business strategy and goals, growth of the market for our services, our future financial a ...

Exhibit 99.1 RingCentral® RingCentral Announces Third Quarter 2024 Results Q3 2024 revenue above high end of guidance Achieves GAAP operating profitability in Q3 2024 Raising 2024 revenue, net cash provided by operating activities and free cash flow outlook Belmont, Calif. – November 7, 2024 – RingCentral, Inc. (NYSE: RNG), a global leader in AI-powered trusted business communications for companies of all sizes, today announced financial results for the third quarter ended September 30, 2024. Third Quarter ...

The upcoming report from RingCentral (RNG) is expected to reveal quarterly earnings of $0.92 per share, indicating an increase of 18% compared to the year-ago period. Analysts forecast revenues of $601.91 million, representing an increase of 7.8% year over year. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe. Prior to a company's earnings release, it ...

RingCentral (RNG) is scheduled to report third-quarter 2024 results on Nov. 7. For first-quarter fiscal 2025, earnings are expected to be 92-93 cents per share. The consensus mark for third-quarter 2024 is pegged at 92 cents per share, unchanged in the past 30 days. The figure indicates an increase of 17.95% year over year. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. For the third quarter of 2024, RingCentral expects revenues between $600.5 million and $603.5 million, indicatin ...

Wall Street expects a year-over-year increase in earnings on higher revenues when RingCentral (RNG) reports results for the quarter ended September 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The earnings report, which is expected to be released on November 7, 2024, might help the stock move higher if these key numbers are better than ...

OSLO, Norway, Oct. 30, 2024 /PRNewswire/ -- Hexagon Agility, a subsidiary of Hexagon Composites ASA (OSE: HEX.OL) and the world's leading provider of (renewable) natural gas (RNG/CNG) fuel systems, has announced a new wave of orders valued at USD 4.3 million. These orders are for RNG/CNG fuel system installations in trucks powered by Cummins' X15N natural gas engine, designed specifically for the North American heavy-duty commercial truck market. The new orders include over 30 leading Class 8 fleets of whic ...

RingCentral's (RNG) shares have gained 7.4% in the past month compared with the Zacks Computer & Technology sector's rise of 5.6%. The uptick can be attributed to RNG's growing AI initiatives, including the introduction of RingCX — its AIfirst cloud contact center product. In second-quarter 2024, the customer count for RingCX increased above 70% sequentially, reaching more than 350 customers. RNG is riding on solid demand for its Unified Communications as a Service (UCaaS) and contact center software-as-a-s ...

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors use fundamental analysis and traditional valuation metrics to fi ...

RingCentral (RNG) shares have declined 18.3% year to date compared with the Zacks Computer & Technology sector's rise of 12.6%. The underperformance can be attributed to the challenging macroeconomic conditions, unfavorable forex and stiff competition. However, RingCentral's expanding partner base is expected to boost its prospects. It recently partnered with Zayo, a major communications infrastructure provider, to launch Zayo UC+ with RingCentral. This new offering integrates RingCentral's AI-driven, cloud ...