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
Company profile
Ticker
RNG
Exchange
Website
CEO
Vladimir Shmunis
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
RingCentral Inc
SEC CIK
Corporate docs
Subsidiaries
RingCentral International, Inc. • RCLEC, Inc. • RCVA, Inc. • Connect First, Inc. • RingCentral Florida, LLC • RingCentral Canada Inc. • RingCentral Brasil Soluções em TI LTDA • RingCentral UK LTD • RingCentral CH GmbH • RingCentral B.V. ...
RNG stock data
Latest filings (excl ownership)
10-Q
2024 Q1
Quarterly report
7 May 24
8-K
RingCentral Announces First Quarter 2024 Results
7 May 24
10-K/A
2023 FY
Annual report (amended)
24 Apr 24
8-K
Other Events
1 Mar 24
424B7
Prospectus with selling stockholder info
28 Feb 24
S-3ASR
Automatic shelf registration
22 Feb 24
S-8
Registration of securities for employees
22 Feb 24
10-K
2023 FY
Annual report
22 Feb 24
8-K
RingCentral Announces Fourth Quarter and Fiscal Year 2023 Results
20 Feb 24
8-K
Submission of Matters to a Vote of Security Holders
3 Jan 24
Transcripts
RNG
Earnings call transcript
2024 Q1
7 May 24
RNG
Earnings call transcript
2023 Q4
20 Feb 24
RNG
Earnings call transcript
2023 Q3
6 Nov 23
RNG
Earnings call transcript
2023 Q2
7 Aug 23
RNG
Earnings call transcript
2023 Q2
7 Aug 23
RNG
Earnings call transcript
2023 Q1
9 May 23
RNG
Earnings call transcript
2022 Q4
15 Feb 23
RNG
Earnings call transcript
2022 Q3
10 Nov 22
RNG
Earnings call transcript
2022 Q2
2 Aug 22
RNG
Earnings call transcript
2022 Q1
10 May 22
Latest ownership filings
4
Sonalee Elizabeth Parekh
29 May 24
144
Notice of proposed sale of securities
28 May 24
4
Vladimir Shmunis
23 May 24
4
John H Marlow
23 May 24
4
Vaibhav Agarwal
21 May 24
4
John H Marlow
21 May 24
4
Sonalee Elizabeth Parekh
21 May 24
4
Vladimir Shmunis
21 May 24
144
Notice of proposed sale of securities
21 May 24
144
Notice of proposed sale of securities
21 May 24
Financial summary
Quarter (USD) | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
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Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 203.13 mm | 203.13 mm | 203.13 mm | 203.13 mm | 203.13 mm | 203.13 mm |
Cash burn (monthly) | 6.36 mm | 5.97 mm | 8.40 mm | 14.13 mm | (no burn) | (no burn) |
Cash used (since last report) | 13.15 mm | 12.36 mm | 17.38 mm | 29.23 mm | n/a | n/a |
Cash remaining | 189.98 mm | 190.77 mm | 185.75 mm | 173.90 mm | n/a | n/a |
Runway (months of cash) | 29.9 | 31.9 | 22.1 | 12.3 | n/a | n/a |
Institutional ownership, Q1 2024
87.4% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 248 |
Opened positions | 224 |
Closed positions | 3 |
Increased positions | 6 |
Reduced positions | 9 |
13F shares | Current |
---|---|
Total value | 2.27 tn |
Total shares | 71.91 mm |
Total puts | 1.05 mm |
Total calls | 1.15 mm |
Total put/call ratio | 0.9 |
Largest owners | Shares | Value |
---|---|---|
Capital World Investors | 12.14 mm | $421.72 bn |
Vanguard | 10.91 mm | $379.00 bn |
AMP Ameriprise Financial | 5.45 mm | $189.16 bn |
BLK Blackrock | 5.39 mm | $187.23 bn |
Pictet Asset Management Holding | 5.21 mm | $180.95 bn |
Vladimir Shmunis | 3.47 mm | $0.00 |
STT State Street | 2.70 mm | $93.76 bn |
FMR | 2.61 mm | $90.65 bn |
First Trust Advisors | 2.10 mm | $72.97 bn |
Renaissance Technologies | 1.55 mm | $53.92 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
28 May 24 | Sonalee Elizabeth Parekh | Class A Common Stock | Sell | Dispose S | No | Yes | 34.847 | 8,478 | 295.43 k | 388,919 |
22 May 24 | John H Marlow | Class A Common Stock | Sell | Dispose S | No | Yes | 36.18 | 1,500 | 54.27 k | 411,040 |
22 May 24 | John H Marlow | Class A Common Stock | Sell | Dispose S | No | Yes | 35.443 | 12,728 | 451.12 k | 412,540 |
22 May 24 | Vladimir Shmunis | Class A Common Stock | Sell | Dispose S | No | Yes | 36.182 | 3,596 | 130.11 k | 635,969 |
22 May 24 | Vladimir Shmunis | Class A Common Stock | Sell | Dispose S | No | Yes | 35.441 | 28,417 | 1.01 mm | 639,565 |
21 May 24 | John H Marlow | Class A Common Stock | Sell | Dispose S | No | Yes | 36.52 | 100 | 3.65 k | 425,268 |
21 May 24 | John H Marlow | Class A Common Stock | Sell | Dispose S | No | Yes | 35.917 | 19,397 | 696.68 k | 425,368 |
21 May 24 | Vladimir Shmunis | Class A Common Stock | Sell | Dispose S | No | Yes | 36.55 | 200 | 7.31 k | 667,982 |
21 May 24 | Vladimir Shmunis | Class A Common Stock | Sell | Dispose S | No | Yes | 35.919 | 66,330 | 2.38 mm | 668,182 |
20 May 24 | Sonalee Elizabeth Parekh | Class A Common Stock | Payment of exercise | Dispose F | No | No | 37.23 | 20,382 | 758.82 k | 397,397 |
News
Needham Reiterates Buy on RingCentral, Maintains $42 Price Target
20 May 24
Vodafone Ireland And RingCentral Collaborate To Unveil Innovative Hybrid Work Solution, Facilitating Seamless Across Devices And Locations
15 May 24
Avaya And RingCentral Expand Partnership With AI-Powered Communications And Collaboration Experiences
13 May 24
Deutsche Bank Maintains Buy on RingCentral, Raises Price Target to $42
9 May 24
Wedbush Reiterates Neutral on RingCentral, Maintains $40 Price Target
9 May 24
Press releases
Vodafone Business Ireland and RingCentral Unveil Innovative Hybrid Work Solution, Facilitating Seamless Collaboration Across Devices and Locations
15 May 24
Avaya and RingCentral Expand Strategic Partnership with AI-Powered Communications and Collaboration Experiences
13 May 24
RingCentral to Present at Upcoming Investor Conferences
10 May 24
RingCentral Expands Platform Leadership with RingSense AI APIs and Workflow Builder
30 Apr 24
RingCentral Announces Date of First Quarter 2024 Financial Results Conference Call
17 Apr 24