Q1 Video Conferencing Earnings: Zoom (NASDAQ:ZM) Earns Top Marks [Yahoo! Finance]
RingCentral, Inc. Class A (RNG)
Last ringcentral, inc. class a earnings: 2/10 04:05 pm
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Source: Yahoo! Finance
Work is becoming more distributed, both across geographies and devices. In order for businesses to keep functioning efficiently, they need to be able to communicate as well as they did when the teams were co-located, which drives the demand for integrated communication platforms. The 4 video conferencing stocks we track reported a mixed Q1; on average, revenues beat analyst consensus estimates by 1.4%. while next quarter's revenue guidance was 0.8% below consensus. Stocks--especially those trading at higher multiples--had a strong end of 2023, but 2024 has seen periods of volatility. Mixed signals about inflation have led to uncertainty around rate cuts, but video conferencing stocks have shown resilience, with share prices up 5.1% on average since the previous earnings results. Best Q1: Zoom (NASDAQ:ZM) Started by Eric Yuan who once ran engineering for Cisco's video conferencing business, Zoom (NASDAQ:ZM) offers an easy to use, cloud-based platform for video conferencing, audi
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News
- Avaza Honored With “Overall Project Management Platform of the Year” at 4th Annual RemoteTech Breakthrough Awards [Yahoo! Finance]Yahoo! Finance
- RingCentral, Inc. (NYSE: RNG) had its price target lowered by analysts at Wells Fargo & Company from $33.00 to $28.00. They now have an "equal weight" rating on the stock.MarketBeat
- GrowTal Wins “Freelancer Hiring Innovation of the Year” in the 2024 RemoteTech Breakthrough Awards Program [Yahoo! Finance]Yahoo! Finance
- 2X CEO Domenic Colasante Wins RemoteTech Breakthrough CEO of the Year Award [Yahoo! Finance]Yahoo! Finance
- Hybrid and Remote Work Technology Innovators Honored in 5th Annual RemoteTech Breakthrough Awards Program [Yahoo! Finance]Yahoo! Finance
RNG
Earnings
- 5/7/24 - Beat
RNG
Sec Filings
- 6/4/24 - Form 4
- 6/4/24 - Form 4
- 6/4/24 - Form 4
- RNG's page on the SEC website