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RingCentral (RNG) Q4 Earnings and Revenues Surpass Estimates
Zacks Investment Research· 2024-02-20 23:21
RingCentral (RNG) came out with quarterly earnings of $0.86 per share, beating the Zacks Consensus Estimate of $0.83 per share. This compares to earnings of $0.60 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 3.61%. A quarter ago, it was expected that this cloud-based phone system provider for small businesses would post earnings of $0.76 per share when it actually produced earnings of $0.78, delivering a surprise of 2.63%.O ...
RingCentral calls for lower 2024 sales than Wall Street expects, and the stock falls
Market Watch· 2024-02-20 23:02
RingCentral Inc. shares fell more than 6% in the extended session Tuesday after the cloud-based communications company reported fourth-quarter earnings largely in line with Wall Street expectations, but its sales guidance for the year and for the current quarter fell short. RingCentral RNG, +0.72% lost $47 million, or 50 cents a share, in the fourth quarter, compared with a loss of $284 million, or $2.97 a share, in the same period last year. Adjusted for one-item items, the cloud-based communications ...
RingCX Achieves Industry Leadership Recognition and Market Momentum as Businesses Prioritize AI-first Customer Service
Businesswire· 2024-02-20 21:05
BELMONT, Calif.--(BUSINESS WIRE)--RingCentral, Inc. (NYSE: RNG), a leading provider of AI-driven cloud business communications, contact center, video and hybrid event solutions, today announced that RingCX™, a native, AI-first contact center with capabilities powered by its RingSense™ AI platform, has been identified as a Leader in the Aragon Research Globe for the Intelligent Contact Center, SMB, amid increasing momentum in customer adoption. In the Aragon Research report published today, RingCX was nam ...
Unlocking Q4 Potential of RingCentral (RNG): Exploring Wall Street Estimates for Key Metrics
Zacks Investment Research· 2024-02-14 15:21
Wall Street analysts forecast that RingCentral (RNG) will report quarterly earnings of $0.83 per share in its upcoming release, pointing to a year-over-year increase of 38.3%. It is anticipated that revenues will amount to $569.65 million, exhibiting an increase of 8.6% compared to the year-ago quarter.The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial pr ...
RingCentral Modernizes Patient Care Communications for Healthcare Organizations With New EHR Integrations and Generative AI
Businesswire· 2024-02-05 13:00
BELMONT, Calif.--(BUSINESS WIRE)--RingCentral, Inc. (NYSE: RNG), a leading provider of AI-first global enterprise cloud communications, video, webinars, hybrid events, and contact center solutions, today announced a unified patient care solution for healthcare organizations worldwide. New integrations with Electronic Health Record (EHR) providers, including industry titans Epic, Cerner, and AllScripts, combined with RingCentral’s AI-powered communications suite bridge gaps in the patient engagement journey ...
Why RingCentral (RNG) is a Top Growth Stock for the Long-Term
Zacks Investment Research· 2024-02-01 15:46
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.Zacks Premium includes access to the Zacks Style Scores as well.What are the Zacks Style Scores?The Z ...
Will RingCentral (RNG) Beat Estimates Again in Its Next Earnings Report?
Zacks Investment Research· 2024-01-31 18:10
Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? RingCentral (RNG) , which belongs to the Zacks Internet - Software and Services industry, could be a great candidate to consider.This cloud-based phone system provider for small businesses has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two ...
Why RingCentral (RNG) is a Top Momentum Stock for the Long-Term
Zacks Investment Research· 2024-01-24 15:50
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.It also includes access to the Zacks Style Scores.What are the Zacks Style Scores?The Zacks Style Sco ...
Ned Segal Elected to RingCentral's Board of Directors
Businesswire· 2024-01-08 13:00
BELMONT, Calif.--(BUSINESS WIRE)--RingCentral, Inc. (NYSE: RNG), a leading provider of AI-first global enterprise cloud communications, video, webinars, hybrid events, and contact center solutions, today announced that Ned Segal has been elected to the Company’s Board of Directors, effective as of the Company’s 2023 Annual Meeting of Shareholders which was held on December 29, 2023. Segal has also been named a member of both the audit committee and nominating and corporate governance committee of the Compan ...
RingCentral(RNG) - 2023 Q3 - Quarterly Report
2023-11-07 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q _________________________________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-36089 _________________________________________________________ R ...