This presentation includes forward-looking statements within the meaning of the federal securities laws. These statements relate to, among other things, our business strategy and goals, growth of the market for our services, our future financial and operating results, including our GAAP and nonGAAP guidance, the assumptions underlying our guidance, expected contributions from new products, as well as macroeconomic factors, including Russia's ongoing invasion of Ukraine and the armed conflict involving Israe ...

For the quarter ended March 2024, RingCentral (RNG) reported revenue of $584.21 million, up 9.5% over the same period last year. EPS came in at $0.87, compared to $0.76 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $577.81 million, representing a surprise of +1.11%. The company delivered an EPS surprise of +8.75%, with the consensus EPS estimate being $0.80.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how t ...

RingCentral (RNG) came out with quarterly earnings of $0.87 per share, beating the Zacks Consensus Estimate of $0.80 per share. This compares to earnings of $0.76 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 8.75%. A quarter ago, it was expected that this cloud-based phone system provider for small businesses would post earnings of $0.83 per share when it actually produced earnings of $0.86, delivering a surprise of 3.61%.O ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 _________________________________________________________ FORM 10-Q _________________________________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-36089 _____ ...

Exhibit 99.1 RingCentral Announces First Quarter 2024 Results Q1 2024 key metrics above high end of guidance Raising 2024 revenue outlook Share repurchase authorization increased by $250 million Belmont, Calif. – May 7, 2024 – RingCentral, Inc. (NYSE: RNG), a leading provider of AI-driven cloud business communications, contact center, video, and hybrid event solutions, today announced financial results for the first quarter ended March 31, 2024. First Quarter Financial Highlights • Total revenue increased 9 ...

Wall Street analysts expect RingCentral (RNG) to post quarterly earnings of $0.80 per share in its upcoming report, which indicates a year-over-year increase of 5.3%. Revenues are expected to be $577.81 million, up 8.3% from the year-ago quarter.Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.Prior to a company's earnings announcement, ...

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Ringcentral (RNG) is expanding its offerings in the realm of enterprise cloud communications through a multi-year partnership with the San Francisco Giants.As the newest enterprise cloud communication partner, RNG seeks to transform Giants’ business communication infrastructure to increase employee and fan engagement within the organization.Utilizing Ringcentral’s flagship solutions such as RingEX and Contact Center solution, the Giants anticipates enhanced collaboration among employees, substantial cost sa ...

RNG业绩表现 - RNG在4Q23的业绩表现良好，订阅收入增长9%，总收入增长9%，ARR总体增长12%[3] - RNG历史上总是超过收入指导，管理层对FY24的指导保守，但实际增长可能超过8.5%[4] - RNG管理层对合作伙伴战略的信心增强，新产品预计到2025年底将达到1000万美元的ARR[7] RNG估值分析 - 根据作者的估值模型，RNG的目标价值为42美元，代表28%的增长[8] - RNG过去一年的前瞻收入为1.95倍，预计FY25的增长将使估值至少维持在当前水平[9] RNG风险与建议 - RNG面临的风险是宏观条件恶化，导致收入增长不及预期，可能对股价造成进一步压力[10] - 总结：建议继续买入RNG，稳定的需求、改善的宏观前景以及合作伙伴关系的潜在增长表明FY24的指导可能被超越[11]

It has been about a month since the last earnings report for RingCentral (RNG) . Shares have added about 14.3% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Ringcentral due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. RingCentral Q4 Earnings Top Estimates, Revenues ...