RingCentral Inc is a leading provider of cloud-based communications and collaboration solutions for businesses of all sizes
The company specializes in offering unified messaging, video conferencing, and team collaboration tools, enabling organizations to enhance their communication efficiency and productivity. Through its innovative platform, RingCentral allows users to connect and collaborate seamlessly, regardless of location, making it an essential solution for remote and hybrid work environments. The company serves a diverse range of industries and is committed to helping businesses improve their communication strategies through reliable, scalable, and user-friendly technology.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Five9 (NASDAQFIVN) and the rest of the video conferencing stocks fared in Q4.
Office and call centre communications software provider RingCentral (NYSERNG) met Wall Street’s revenue expectations in Q4 CY2024, with sales up 7.6% year on year to $614.5 million. On the other hand, next quarter’s revenue guidance of $609.5 million was less impressive, coming in 2.7% below analysts’ estimates. Its non-GAAP profit of $0.98 per share was 1.3% above analysts’ consensus estimates.
Office and call centre communications software provider RingCentral (NYSERNG)
will be reporting results tomorrow after the bell. Here’s what to expect.
From commerce to culture, software is digitizing every aspect of our lives. This secular theme has materialized in superior earnings growth and stock price performance for most SaaS companies,
and over the last six months, the industry’s 42.4% return has topped the S&P 500 by 26.5 percentage points.
Shares of office and call centre communications software provider RingCentral (NYSERNG)
fell 6.8% in the afternoon session after Wells Fargo analyst downgraded the stock's rating from Hold to Sell and lowered the price target from $38 to $30. The new price target translates to a potential 10% downside from where shares traded before the downgrade was announced.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q3. Today, we are looking at productivity software stocks, starting with DocuSign (NASDAQDOCU).
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Zoom (NASDAQZM) and the best and worst performers in the video conferencing industry.
As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the video conferencing industry, including RingCentral (NYSERNG) and its peers.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q3. Today, we are looking at video conferencing stocks, starting with Five9 (NASDAQFIVN).
Goldman Sachs analyst downgrades E2open Parent Holdings from Neutral to Sell, lowering price target from $3.5 to $2.9. Despite undemanding valuation, lack of growth visibility and high leverage will likely weigh on stock.
A look at the detailed price volume analysis on S&P 500, Nasdaq 100, Dow Jones & Russell 2000, Gold & silver futures, Bitcoin, Crude oil futures, and Dollar index.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at 8x8 (NASDAQEGHT) and the best and worst performers in the video conferencing industry.
Office and call centre communications software provider RingCentral (NYSERNG) reported Q3 CY2024 results topping the market’s revenue expectations, with sales up 9.1% year on year to $608.8 million. On the other hand, the company expects next quarter’s revenue to be around $612 million, slightly below analysts’ estimates. Its non-GAAP profit of $0.95 per share was also 3% above analysts’ consensus estimates.
Office and call centre communications software provider RingCentral (NYSERNG)
will be announcing earnings results tomorrow afternoon. Here’s what to expect.
