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RingCentral, Inc. - $RNG STOCK NEWS

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. (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%
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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%
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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%
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conferences
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%
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Rhea-AI Summary
RingCentral, Inc. (NYSE: RNG) announced the general availability of RingCX™, a native, AI-first contact center with new capabilities powered by its RingSense™ AI platform. The press release highlights the disruptive combination of product, packaging, and pricing, with over 50 customers already selecting RingCX during controlled availability, including a 1,000 plus seat win from a Fortune 500 company. RingCX offers AI-first functionality embedded with RingSense AI, rich omnichannel capabilities, and is attractively priced at $65 per agent per month. The offering is simple to use, easy to deploy, and complements RingCentral Contact Center. Partner integrations with Salesforce, Zendesk, Cognigy, Google DialogFlow, Yellow.ai, Balto, and Calabrio are already available, with additional integrations coming soon.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.73%
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AI
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Rhea-AI Summary
RingCentral, Inc. (NYSE: RNG) announced its Q3 2023 financial results. Total revenue increased 10% YoY to $558 million, with subscriptions revenue growing 10% to $531 million. Annualized Exit Monthly Recurring Subscriptions (ARR) reached $2.26 billion, up 11% YoY. GAAP operating margin improved to (9.7%) compared to (35.9%) in the prior year, while non-GAAP operating margin increased to 19.1%, up 560 basis points YoY.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.69%
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Rhea-AI Summary
Vodafone Business and RingCentral have launched 'One Net Unite con RingCentral', a solution that combines collaboration capabilities and national fixed-mobile voice communications. It aims to provide business customers in Spain with greater flexibility and simplicity in their work, facilitating work collaboration and remote working. The solution enables more direct and efficient contact between employees, customers, and suppliers. It combines RingCentral's collaboration features with Vodafone's communications services and is fully cloud-based for accessibility from any device. This collaboration aims to boost productivity and enable different ways of working.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.66%
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Rhea-AI Summary
RingCentral to report Q3 2023 financial results on November 6, 2023
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Rhea-AI Sentiment
End-of-Day
-2.9%
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Rhea-AI Summary
NFP selects RingCentral for employee and customer engagement, migrating 8,000 employees and 600 agents to RingCentral solutions. RingCentral provides advanced telephony features, integration with Microsoft Teams, AI-powered insights, and real-time analytics. NFP achieves frictionless growth, improved customer experiences, and substantial savings.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.54%
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none
Rhea-AI Summary
RingCentral selected by Republic Airways for improved employee communications and contact center solutions
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.42%
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RingCentral, Inc.

NYSE:RNG

RNG Rankings

RNG Stock Data

3.18B
73.49M
1.71%
105.46%
4.16%
Data Processing, Hosting, and Related Services
Information
Link
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