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.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect RINGCENTRAL's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of RINGCENTRAL's position in the market.
Rhea-AI Summary
RingCentral, Inc. (RNG) reports strong financial results for Q4 and FY 2023, with total ARR up 11% to $2.33 billion and enterprise ARR up 13% to over $1 billion. The company achieved record quarterly net cash provided by operating activities of $114 million. Total revenue increased 9% year over year to $571 million, with subscriptions revenue accounting for 96% of total revenue. RingCentral's CEO and CFO highlighted the company's progress in becoming an AI-first, multi-product company, delivering durable, profitable growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.5%
Tags
-
Rhea-AI Summary
RingCentral (RNG) announced a unified patient care solution for healthcare organizations worldwide, with new integrations with Electronic Health Record (EHR) providers. The solution aims to bridge gaps in patient engagement, simplify workflows, and improve documentation. The new partnership with patient engagement software platform SpinSci ensures optimal and secure patient experiences. RingCentral's AI-powered communications suite offers high-touch assistance through any digital channel, providing a comprehensive 360-degree view of patient records. The solution also leverages generative AI to automate common inquiries, gather insights into operational efficiencies and patient needs, and support appointment scheduling and follow-ups.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.54%
Tags
-
Rhea-AI Summary
RingCentral, Inc. (NYSE: RNG) has seen a 46% increase in staff productivity, a 53% increase in staff satisfaction, and a 42% increase in HCAHPS patient satisfaction from healthcare customers using its HIPAA-compliant communications solution. The company has added over 500 new healthcare customers in the past 18 months, including Sun River Health and Heartland Dental. These organizations have chosen RingCentral for its reliability, unified communications, contact center solutions, and reputation for support. The adoption of cloud-based communications through RingCentral has enabled these healthcare organizations to enhance patient care and grow their leadership in serving key provider segments across the country.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.54%
Tags
Rhea-AI Summary
RingCentral, Inc. (NYSE: RNG) will report Q4 2023 financial results on February 20, 2024, followed by a conference call to discuss the results. The call can be accessed via phone or webcast, with a replay available until February 27, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.62%
Tags
-
Rhea-AI Summary
RingCentral, Inc. (NYSE: RNG) announced the election of Ned Segal to its Board of Directors, effective as of the 2023 Annual Meeting of Shareholders. Segal, a seasoned executive with over 25 years of technology and finance experience, will bring a financially-driven approach to the boardroom. He previously served as the CFO of Twitter and held various positions at Goldman Sachs. Segal's appointment aims to drive sustainable, profitable growth and deliver value for shareholders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.25%
Tags
-
Rhea-AI Summary
RingCentral, Inc. (NYSE: RNG) announced entering into individual, privately negotiated repurchase transactions with certain holders of the Company’s 0% Convertible Senior Notes due 2025, paying approximately $240 million in cash to repurchase approximately $253 million aggregate principal amount of the 2025 Convertible Notes using the proceeds received from the Company’s previously announced issuance of its 8.500% Senior Notes due 2030.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.6%
Tags
Rhea-AI Summary
RingCentral, Inc. (NYSE: RNG) announced the departure of Tarek Robbiati and the return of Vlad Shmunis as CEO. The company reaffirmed its fourth quarter and full year 2023 guidance on revenue, non-GAAP operating margin, and adjusted, unlevered free cash flow.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.8%
Tags
-
Rhea-AI Summary
RingCentral, Inc. (NYSE:RNG) has been recognized by Gartner as a Leader in the 2023 Magic Quadrant for Unified Communications as a Service (UCaaS), Worldwide report, making this RingCentral’s ninth year in a row being named to the Leaders quadrant. With more than 400,000 business customers worldwide, RingCentral continues to innovate by bringing the power of AI-first solutions across its product portfolio. The 2023 Gartner Critical Capabilities for UCaaS report also reveals that RingCentral is ranked #1 in three out of the six product or service use case categories.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.28%
Tags
-
Rhea-AI Summary
RingCentral, Inc. (NYSE: RNG) Announces Management Team's Participation in Investor Conferences
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.69%
Tags
Rhea-AI Summary
RingCentral, Inc. (NYSE: RNG) Announces Global Availability of RingCentral Events™, an All-in-One Solution for Virtual, Onsite, and Hybrid Event Needs
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.73%
Tags
RINGCENTRAL, INC.
NYSE:RNG
RNG Rankings
RNG Stock Data
2.81B
73.49M
1.71%
105.46%
4.16%
Data Processing, Hosting, and Related Services
Information
United States of America
BELMONT
About RNG
ringcentral securely delivers quality voice, fax, text and conferencing for businesses, regardless of size, locations, devices, or budget. easier to manage and more flexible than on-premise phone systems, our cloud communications solution adapts to the unique needs of each business, integrates with other cloud applications, and eliminates phone system hardware. since 2003, we've invested in our own custom cloud computing platform that delivers the reliability your mission-critical business communication demands. we’re not a phone company; we’re a cloud business-solution provider. we've thrown out the old pbx along with its rigid rules and eliminated the complexity and unnecessary expense of managing your business communications the old way. buy, set up, access, and control your entire ringcentral service online, or on a mobile device. under the hood is our state-of-the-art custom architecture, built on and taking full advantage of the inherent flexibility and scalability of the c