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. (NYSE: RNG) is frequently in the news for developments in AI-powered business communications, unified communications, and cloud contact center technology. Company announcements describe RingCentral as a global leader in agentic voice AI–powered cloud business communications, with a platform that spans business phone, SMS, contact center, workforce engagement management, video collaboration, messaging, and conversational intelligence.
News coverage for RNG often highlights product launches and enhancements. Recent releases include an agentic voice AI suite featuring AI Receptionist (AIR), AI Virtual Assistant (AVA), and AI Conversation Expert (ACE), all focused on the conversation journey before, during, and after each interaction. Other product news includes the RingEX Customer Engagement Bundle for lightweight contact center use and RingWEM, an AI-powered workforce engagement management suite integrated with the RingCX contact center platform.
Investors and analysts can also find financial results announcements, such as quarterly earnings releases, where RingCentral reports revenue, margins, cash flow, and updates on its AI-led product portfolio. Additional items include participation in investor conferences, product briefing days, and updates on credit facilities and capital structure, as reflected in company press releases and related SEC filings.
This RNG news page aggregates these updates so readers can follow RingCentral’s progress in AI communications, contact center innovation, and corporate developments. It is a useful resource for tracking announcements about AI capabilities, workforce engagement tools, unified communications recognition by third-party analysts, and key financial and strategic milestones.
RingCentral (NYSE: RNG) announced its management team's presentation at the Goldman Sachs Communacopia + Technology Conference on September 12, 2022, at 10:45 a.m. PT (1:45 p.m. ET). The event aims to highlight RingCentral's role as a leader in global enterprise cloud communications, video meetings, and collaboration solutions. Investors can access the webcast on the company's investor relations website. RingCentral continues to empower modern workforces through its MVP platform, enhancing communication and collaboration.
RingCentral, Inc. (NYSE: RNG) has partnered with Big Ass Fans to enhance employee collaboration and communication. Big Ass Fans, a leading fan manufacturer, will implement RingCentral MVP™ to streamline operations for its 650 global employees. This transition from legacy systems to a cloud-based solution aims to improve productivity and mobility while delivering cost savings. The integration with existing applications like Salesforce and Google Suite is expected to elevate operational efficiency and team productivity.
RingCentral (NYSE: RNG) has partnered with Ryder System (NYSE: R) to enhance business communications across Ryder's nearly 800 fleet maintenance and rental locations. Utilizing RingCentral MVP™ for unified operations, Ryder has improved customer service and operational efficiency. The rollout has also led to the deployment of RingCentral Contact Center™ for Ryder Last Mile, enabling seamless support for home delivery services. This collaboration highlights efforts in digital transformation, with acknowledged benefits in employee productivity and customer satisfaction.
Bancroft has selected RingCentral, Inc. (NYSE: RNG) to enhance its operations and reduce costs while providing better care for individuals with autism and neurological disabilities. The transition to RingCentral's cloud communications platform allows Bancroft to eliminate legacy telephony systems, gain unlimited call capacity, and integrate productivity applications like Salesforce. Key benefits include improved connectivity, cost savings from hardware elimination, and streamlined workflows. The collaboration emphasizes RingCentral’s commitment to supporting organizations that serve vulnerable populations.
RingCentral reported Q2 2022 financial results, with total revenue rising by 28% year-over-year to $487 million. Subscription revenue increased by 32% to $463 million, while Annualized Exit Monthly Recurring Subscriptions reached $2.0 billion. Non-GAAP operating income was $55 million, a growth from $39 million in Q2 2021. The company's operating margin outlook was raised to 12%, with non-GAAP EPS projected between $1.91 and $1.95.
New collaborations include a partnership with Vodafone in Germany.
RingCentral, Inc. (NYSE: RNG) has launched new cloud capabilities aimed at reducing administrative burdens and enhancing operational efficiencies for businesses. These innovations, including enhanced integrations with Salesforce and HubSpot, allow sales teams to automate tasks and streamline workflows. Key features include SMS capabilities and advanced phone functionalities for IT management. Customers in the US and Canada can leverage these updates to improve communication and save costs.
Vodafone Germany and RingCentral have launched ‘Vodafone Business UC with RingCentral’ in Germany. This integrated platform combines team messaging, video meetings, and a cloud phone system to enhance hybrid work. With capabilities like call recording and AI-driven insights, it aims to provide a secure and flexible solution for businesses. Notably, this launch integrates Vodafone's 5G and mobility strengths, enabling seamless communication across devices.
RingCentral (NYSE: RNG) has expanded its hardware ecosystem by partnering with Avocor, EPOS, and Jabra to enhance its RingCentral Rooms™ experience. This initiative aims to improve collaboration as organizations adapt to hybrid work environments, meeting the needs of 76% of companies prioritizing conference room technology upgrades. New features include Whiteboard functionality, proximity sharing, end-to-end encryption, and closed captioning, which collectively aim to foster better engagement and inclusivity in meetings.
RingCentral (NYSE: RNG) announced that Preferred Risk Insurance Services has adopted its RingCentral MVP and Contact Center solutions. This transition aims to enhance communication, allowing employees to effectively support a growing customer base while working remotely. Preferred Risk Insurance faced challenges during the pandemic due to legacy systems, which impaired customer service. The cloud-based platform will streamline operations, enabling compliance through automated call recordings and providing superior customer engagement tools moving forward.
RingCentral, Inc. (NYSE: RNG) will report its financial results for Q2 2022 on August 2, 2022, after market close. A conference call is scheduled for 2:00 PM PT on the same day to discuss the results. Investors can access the call by dialing 1-888-349-0093 or 1-412-317-5201 for international calls. Replay options will be available through August 9. RingCentral is a leading provider of cloud communications and contact center solutions, offering products like RingCentral MVP, a UCaaS platform.