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 reported strong financial results for Q4 and FY 2021, with total revenue rising 34% year-over-year to $448 million. Annualized Exit Monthly Recurring Subscriptions (ARR) reached $1.8 billion, up 39%. Subscriptions revenue constituted over 90% of total revenue, reaching $420 million, a 37% increase. Despite a GAAP operating loss of $103 million, non-GAAP operating income was $47 million, improved from $34 million last year. The company projects 2022 revenue between $1.990 billion and $2.015 billion, indicating annual growth of 25% to 26%. CEO Vlad Shmunis emphasized momentum with larger customers and strategic partnerships.
RingCentral (NYSE: RNG) and Zoom (NASDAQ: ZM) have mutually agreed to withdraw from all ongoing legal proceedings, allowing both companies to focus on transitioning RingCentral Meetings customers to the new RingCentral Video™ platform. The resolution means no further claims will be pursued, ensuring customers experience a smooth migration with full support during the transition period. RingCentral's existing customers will continue to receive core features and updates throughout this process. Further details regarding the settlement were not disclosed.
The partnership between RingCentral and Deutsche Telekom has expanded with the launch of RingCentral X powered by Telekom, a comprehensive communications solution that combines messaging, video meetings, and cloud phone systems. This service will roll out to all German business customers by the end of Q1 2022, enhancing collaboration and flexibility for users.
RingCentral has also obtained the C5 certification from the German Federal Office for Information Security, ensuring compliance with security standards for government institutions.
Vodafone Business and RingCentral (NYSE: RNG) launched the 'Vodafone Business UC with RingCentral,' a new communications platform that combines RingCentral's MVP™ with Vodafone's 5G capabilities. This platform aims to enhance workforce collaboration, offering features like team messaging, HD video meetings, and cloud phone capabilities in a single app. Initially rolled out in the UK, Germany, Hong Kong, Italy, Portugal, Singapore, Spain, and Sweden, it supports hybrid work environments, enabling businesses to transition from legacy systems securely and efficiently.
RingCentral, Inc. (NYSE: RNG) will report its fourth-quarter financial results for the period ending December 31, 2021, on February 22, 2022, after market close. The company will host a conference call on the same day at 2:00 PM Pacific Time to discuss these results. Investors can access a live webcast and replay through RingCentral's investor relations page.
RingCentral offers a comprehensive portfolio of cloud communications solutions including its MVP platform, video meetings, and contact center services, designed to support modern, mobile workforces.
RingCentral (NYSE:RNG) has appointed Mo Katibeh as its new Chief Operating Officer, effective January 18, 2022. Previously serving AT&T as Chief Product and Marketing Officer, Katibeh brings over 20 years of experience, overseeing $36 billion in annual revenue and global workforce management of 50,000. His track record includes leading major cloud-based communication initiatives, crucial for adapting to the evolving hybrid workforce. CEO Vlad Shmunis emphasized Katibeh's importance in driving innovation and growth as the company targets a $100B market in cloud communications.
RingCentral, Inc. (NYSE: RNG) has announced a new share repurchase program, enabling the company to buy back up to $100 million of its Class A common stock. This decision underscores the Board's confidence in the company's long-term growth potential, which they believe is not currently reflected in its market valuation. Repurchases will be funded through future cash flows and additional sources, with strategy dependent on market conditions. The program is effective until December 31, 2022, and will be periodically reviewed for potential adjustments.
RingCentral (NYSE: RNG) announced that Anand Eswaran is stepping down as President and COO, effective January 1, 2022. Vaibhav Agarwal, previously Chief Accounting Officer, will take on the role of Interim CFO. The leadership change aims to ensure business continuity amid ongoing digital transformation opportunities. Despite the transition, RingCentral maintains its guidance for full-year 2021 revenue between $1.580 billion and $1.581 billion, reflecting a 33% to 34% growth compared to the previous year. Eswaran will assist in the transition until the end of 2021.
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RingCentral, Inc. (NYSE: RNG) announced that its executive and investor relations team has been recognized in Institutional Investor’s 2022 All-America Executive Team. The company ranked first across all categories in the software sector, achieving the title of ‘Most Honored’ for the third consecutive year. Key individuals recognized include CEO Vlad Shmunis, CFO Mitesh Dhruv, and IR professional Ryan Goodman. This accomplishment reflects their commitment to excellence and positive reception from investors and the financial community.
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