RingCentral(RNG)
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RingCentral(RNG) - 2024 Q2 - Quarterly Results
2024-08-01 20:33
Exhibit 99.1 RingCentral® RingCentral Announces Second Quarter 2024 Results Q2 2024 key metrics above high end of guidance Achieves record net cash provided by operating activities and record free cash flow Raising 2024 revenue outlook Belmont, Calif. – August 1, 2024 – RingCentral, Inc. (NYSE: RNG), a leading provider of AI-driven cloud business communications, contact center, video, and hybrid event solutions, today announced financial results for the second quarter ended June 30, 2024. Second Quarter Fin ...
RingCentral (RNG) Upgraded to Strong Buy: What Does It Mean for the Stock?
ZACKS· 2024-07-22 17:01
The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system. Most Powerful Force Impacting Stock Prices As empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock movements, tracking such revisions for making an investment decision could be truly rewarding. H ...
Four Inc. Partners with RingCentral to Deliver Cloud Communications Solutions to the Public Sector
Prnewswire· 2024-07-18 12:00
HERNDON, Va., July 18, 2024 /PRNewswire/ -- Four Inc. has been named a public sector aggregator for RingCentral, Inc. (NYSE: RNG), a leading provider of AI-driven cloud business communications, contact center, video, and hybrid event solutions. Under the agreement, RingCentral's flagship RingEX™ and native contact center RingCX™ solutions will be available to the public sector through Four Inc.'s NASA Solutions for Enterprise-Wide Procurement (SEWPV), Information Technology Enterprise Solutions - Software 2 ...
Wall Street Analysts Predict a 26.79% Upside in RingCentral (RNG): Here's What You Should Know
ZACKS· 2024-07-15 14:56
According to researchers at several universities across the globe, a price target is one of many pieces of information about a stock that misleads investors far more often than it guides. In fact, empirical research shows that price targets set by several analysts, irrespective of the extent of agreement, rarely indicate where the price of a stock could actually be heading. That said, while investors should not entirely ignore price targets, making an investment decision solely based on them could lead to d ...
7 Must-Have Growth Stocks to Hold Until 2031
Investor Place· 2024-06-27 12:00
Teladoc Health (TDOC) Source: Shutterstock RingCentral (NYSE:RNG) provides cloud-based communication and collaboration solutions. The RingEX and RingCX platforms clearly show the company's focus on advancement. The use of AI-driven technologies like RingSense AI boosts productivity and real-time interactions. With that, RingEX aims to improve the employee experience. In the meantime, RingCX provides a feature-rich contact center solution driven by AI that is available globally and includes over 1K functions ...
Archaea Energy and Republic Services celebrate first RNG plant in landmark partnership
Prnewswire· 2024-06-13 12:32
Lightning Renewables joint venture targets bringing approximately 40 landfill gas-to-renewable natural gas plants online in coming years. Fort Wayne plant is the largest Archaea Modular Design in Indiana, processing up to 6,400 standard cubic feet of landfill gas per minute (scfm), enough energy to heat more than 25,000 homes, according to the EPA Landfill Gas Energy Benefits calculator. Archaea Energy, a BP company.Archaea Energy, a BP company. Lightning Renewables Renewable Natural Gas Plant in Fort Wayne ...
RingCentral (RNG) Up 1.5% Since Last Earnings Report: Can It Continue?
ZACKS· 2024-06-06 16:35
A month has gone by since the last earnings report for RingCentral (RNG) . Shares have added about 1.5% in that time frame, underperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is RingCentral due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. RingCentral Q1 Earnings Top Estimates, Revenues Up ...
Here's Why RingCentral (RNG) is a Strong Value Stock
zacks.com· 2024-05-21 14:46
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RingCentral (RNG) Q1 Earnings Top Estimates, Revenues Up Y/Y
Zacks Investment Research· 2024-05-08 17:26
RingCentral (RNG) reported non-GAAP earnings of 87 cents per share in first-quarter 2024, surpassing the Zacks Consensus Estimate by 8.75% and increasing 14.5% year over year.Net revenues of $584 million comfortably beat the consensus mark by 1.11% and increased 9.5% year over year. A robust product portfolio and strong subscription revenues drove the upside.Quarter DetailsSoftware subscription (95.4% of total revenues) revenues increased 9.7% year over year to $557.5 million, beating the Zacks Consensus Es ...
RingCentral(RNG) - 2024 Q1 - Earnings Call Transcript
2024-05-08 01:50
RingCentral, Inc. (NYSE:RNG) Q1 2024 Earnings Conference Call May 7, 2024 5:00 PM ET Company Participants Will Wong - Vice President, Investor Relations Vlad Shmunis - Founder, Chairman and CEO Sonalee Parekh - Chief Financial Officer Conference Call Participants Kash Rangan - Goldman Sachs Samad Samana - Jefferies Ryan MacWilliams - Barclays Siti Panigrahi - Mizuho Tim Horan - Oppenheimer Brian Peterson - Raymond James Bobby Dee - Truist Operator Thank you for standing by. This is the conference operator. ...