RingCentral's AI-powered pivot is paying off in cash: Q2 earnings beat the street on the back of AI product adoption doubling year-over-year, and the company rewarded shareholders with a 67% dividend hike while raising full-year guidance.
RingCentral :
RNG
RNG
Stock Data
$63.86
$2.04 (3.31%)
Asset Type
Common Stock
Exchange
NYSE
Currency
USD
Country
USA
Sector
TECHNOLOGY
Industry
SOFTWARE - APPLICATION
RingCentral Inc is a leading provider of cloud-based communication and collaboration solutions for businesses worldwide. Its offerings include RingCentral Message Video Phone, which integrates HD voice, video, SMS, and messaging for a unified communication experience. The company also offers RingCentral Contact Center, an AI-powered solution for omnichannel customer engagement, and RingCentral Video for seamless video meetings. With a focus on industries like finance, education, healthcare, and more, RingCentral serves both large enterprises and small to medium-sized businesses. Founded in 1999 and based in Belmont, California, RingCentral simplifies business communications through innovative technology.
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