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 and operating results, including our GAAP and nonGAAP guidance, the assumptions underlying our guidance, expected contributions from new products, as well as macroeconomic factors, including Russia's ongoing invasion of Ukraine and the armed conflict involving Israe ...

For the quarter ended March 2024, RingCentral (RNG) reported revenue of $584.21 million, up 9.5% over the same period last year. EPS came in at $0.87, compared to $0.76 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $577.81 million, representing a surprise of +1.11%. The company delivered an EPS surprise of +8.75%, with the consensus EPS estimate being $0.80.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how t ...

RingCentral (RNG) came out with quarterly earnings of $0.87 per share, beating the Zacks Consensus Estimate of $0.80 per share. This compares to earnings of $0.76 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 8.75%. A quarter ago, it was expected that this cloud-based phone system provider for small businesses would post earnings of $0.83 per share when it actually produced earnings of $0.86, delivering a surprise of 3.61%.O ...

Wall Street analysts expect RingCentral (RNG) to post quarterly earnings of $0.80 per share in its upcoming report, which indicates a year-over-year increase of 5.3%. Revenues are expected to be $577.81 million, up 8.3% from the year-ago quarter.Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.Prior to a company's earnings announcement, ...

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Ringcentral (RNG) is expanding its offerings in the realm of enterprise cloud communications through a multi-year partnership with the San Francisco Giants.As the newest enterprise cloud communication partner, RNG seeks to transform Giants’ business communication infrastructure to increase employee and fan engagement within the organization.Utilizing Ringcentral’s flagship solutions such as RingEX and Contact Center solution, the Giants anticipates enhanced collaboration among employees, substantial cost sa ...

Luis Alvarez/DigitalVision via Getty Images Overview My recommendation for RingCentral (NYSE:RNG) is a buy rating as the business continues to show signs of stabilization that I am looking out for. My view on the recent pullback in share price is that the market is wary about the soft FY24 guide, which I think is beatable based on historical trends plus an improving macro outlook. The upcoming catalyst that could improve stock sentiment is when RNG delivers positive growth inflection from its partnershi ...

It has been about a month since the last earnings report for RingCentral (RNG) . Shares have added about 14.3% in that time frame, outperforming 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 Q4 Earnings Top Estimates, Revenues ...

RingCentral (RNG) expanded its offerings in the Australian market through its recent partnership with Singtel Optus Pty Limited (Optus).The collaboration resulted in the launch of a co-branded, all-in-one, cost-effective and portable cloud-based phone solution known as Optus Loop with RingCentral.Leveraging RingCentral's robust and secure communication platform, this solution caters to businesses of all sizes in Australia, offering an agile and cost-effective cloud-based communication solution.With Optus Lo ...

SYDNEY & BELMONT, Calif.--(BUSINESS WIRE)--Singtel Optus Pty Limited (Optus) and RingCentral, Inc. (NYSE: RNG), a leading provider of AI-driven cloud business communications, contact center, video and hybrid event solutions, today announced a co-branded solution, Optus Loop with RingCentral, to power communications for Australian businesses of all sizes. Built on RingCentral’s reliable, secure, and feature-rich communications platform, the solution gives businesses an agile, affordable, cloud-based offering ...