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 (NYSE: RNG) is a leading provider of cloud-based communication and collaboration solutions, powering modern enterprises with unified voice, video, and messaging platforms. This dedicated news hub delivers timely updates on corporate developments, financial performance, and strategic initiatives essential for stakeholders.
Access verified press releases, earnings announcements, and partnership updates in one centralized location. Track key developments including product innovations, executive appointments, and market expansion efforts shaping the UCaaS industry.
Our curated collection features:
• Quarterly financial results
• Product launch announcements
• Strategic partnership updates
• Industry recognition and awards
Bookmark this page for direct access to RingCentral's official communications and third-party analyses. Check regularly for updates on how the company continues transforming business communications through cloud technology.
RingCentral reported strong third-quarter results for 2020, with total revenue of $304 million, a 30% year-over-year increase. Subscription revenue rose 33% to $280 million, making up 92% of total revenue. The company’s Annualized Exit Monthly Recurring Subscriptions (ARR) reached $1.2 billion, up 34% year-over-year. However, GAAP operating loss increased to $30 million due to higher share-based compensation. The company raised its full-year revenue guidance to $1.164 to $1.167 billion and expects non-GAAP EPS of $0.96.
BT and RingCentral, Inc. (NYSE: RNG) have announced an expanded partnership to accelerate cloud communication adoption in the UK. Their joint offering, Cloud Work, integrates voice, video, and messaging, providing a seamless experience for diverse workforces. The solution aims to enhance flexibility and productivity while supporting digital transformation amidst ongoing Covid-19 challenges. Key benefits include a unified communication platform, professional services support, and seamless integration with critical business applications.
RingCentral, Inc. (NYSE: RNG) announced its inclusion in the AWS Activate Console Exclusive Offers program, enabling startups using AWS to access customized discounts on RingCentral Office® products. This recognition underscores the platform's importance for startups' growth and collaboration needs. The program offers startups in North America, EMEA, APAC, and LATAM free credits, training, and technical resources to support their development. With built-in security and a 99.999% uptime SLA, RingCentral Office is designed to scale with growing businesses.
RingCentral, Inc. (NYSE: RNG) has unveiled over 70 new features for RingCentral Video™ since its launch in April 2020, enhancing video meetings with greater security and user experience. Innovations include enhanced security controls, waiting rooms, and flexible video layouts. The platform allows seamless device switching and features like dark mode and team messaging integration to improve collaboration. These updates aim to meet the evolving needs of remote work, ensuring efficient and secure communication for businesses.
RingCentral (NYSE: RNG) has launched a new high-volume SMS service designed for rapid and reliable customer communication. This service enables businesses to use their existing phone numbers to send SMS messages, streamlining operations and enhancing customer engagement. Currently in beta, the High Volume SMS API allows for mass marketing, automated notifications, and other business applications. RingCentral's integration with its Open Platform enhances functionality, making it easier for businesses to manage communications. The service will be showcased at the upcoming Code Together 2020 developer conference.
RingCentral, a leader in cloud communications, is hosting its inaugural virtual developer conference, Code Together, from October 20-22, 2020. This event will unite global developers to discuss advancements in communication technology, featuring speakers like Guy Kawasaki from Canva. The agenda includes sessions on new developments for developers, customer integration experiences, and RingCentral’s platform roadmap. The conference aims to recognize top developers and innovative ISV partners, reflecting RingCentral's ongoing commitment to enhancing developer engagement.
RingCentral, a leader in global enterprise cloud communications, will report its Q3 financial results on November 9, 2020, after market close. A conference call is scheduled for the same day at 2:00 PM PT to discuss these results. The company emphasizes its flexible cloud Message Video Phone (MVP) and contact center solutions, which are designed to support mobile and distributed workforces. Investors can access the conference call via phone or a live webcast on the company's investor relations page.
RingCentral, Inc. (NYSE: RNG) has received multiple accolades for its RingCentral Video™ (RCV), including a W3 Gold award and two Silver awards from the Academy of Interactive and Visual Arts. These awards recognize RCV's exceptional user experience and visual appeal, enhancing RingCentral Office®, a comprehensive unified communications solution. Launched in April 2020, RCV supports the growing demand for remote collaboration by offering a seamless video meetings experience through an open platform. This recognition highlights RingCentral's commitment to quality user experiences amidst increasing competition.
RingCentral (NYSE: RNG) announced the global expansion of its RingCentral Global Office™ service, now available across six continents including Africa, Asia, Australia, Europe, North America, and South America. The expansion covers Estonia, Greece, Lithuania, Slovenia, and South Africa. The solution offers team messaging, video meetings, and a cloud phone system, ensuring compliance with local laws and robust security measures. With an industry-leading 99.999% SLA, RingCentral enhances connectivity for mobile and distributed workforces, simplifying communication across multiple countries.
Atos SE and RingCentral, Inc. have launched Unify Office by RingCentral in Germany, integrating advanced Unified Communications as a Service (UCaaS) technology tailored for the local market. This collaboration enables German organizations to enhance communication and collaboration across devices. Key features include data residency in Frankfurt, 24/7 German language support, and a guaranteed 99.999% uptime. The solution allows for seamless migration from existing systems and promises a global deployment capability across over 40 countries.