RingCentral Inc
(NYSE:RNG)
$
37.97
-0.83 (-2.14%)
Market Cap: 3.49 Bil
Enterprise Value: 4.84 Bil
PE Ratio: 0
PB Ratio: 0
GF Score: 76/100 RingCentral Inc at Needham Technology and Media Conference Transcript
May 16, 2023 / 12:45PM GMT
Release Date Price:
$26.89
(-5.32%)
Ryan Boyer Koontz
Needham & Company, LLC, Research Division - MD & Senior Analyst
Good morning. I'm Ryan Koontz. I cover the cloud communications and broadband sectors here at Needham. I'm joined today by RingCentral. RingCentral simplifies business communication to help 5 million people connect worldwide. I'm joined today by CFO, Sonalee Parekh. Welcome.
Sonalee Elizabeth Parekh
RingCentral, Inc. - CFO
Thank you. It's great to be here.
Ryan Boyer Koontz
Needham & Company, LLC, Research Division - MD & Senior Analyst
So nice to have you here in New York.
Questions & Answers
Ryan Boyer Koontz
Needham & Company, LLC, Research Division - MD & Senior Analyst
Let's start with the first quarter results. Excellent print and stock had a nice pop. And most impressively, the op margin gains you guys put together just of late have just been pretty eye-popping. So can you expand on the quarter and how management felt about the quarter overall?
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