Ringcentral Shares Rise on Higher Outlook and Div Boost, 2Q Earnings Beat

Dow Jones

2 hours ago

Shares of RingCentral rose after the company raised its full-year outlook and quarterly dividend, and reported higher second-quarter earnings.

Shares were recently up 23% at $47.56 in Friday afternoon trading. The stock is up about 15% over the past three months.

The AI-powered customer engagement company raised its full-year outlook for total revenue to $2.64 billion to $2.65 billion, and subscriptions revenue to $2.55 billion to $2.56 billion. The company also raised its adjusted earnings per share to $4.96 to $5.10.

For the third quarter, the company expects total revenue of $664 million to $670 million and subscriptions revenue of $643 million to $649 million.

The company also raised its quarterly dividend to 12.5 cents a share from 7.5 cents, payable Aug. 20 to shareholders of record on Aug. 6.

RingCentral reported second-quarter net income of $39.1 million, or 45 cents a share, up from $13.2 million, or 14 cents a share, in the prior-year quarter.

Adjusted earnings were $1.22 a share, compared with analysts' expectations of $1.16 a share, according to FactSet.

Revenue was $657 million, compared with $620.4 million a year earlier, and above FactSet's estimate of $650.5 million.

Write to Doc Louallen at Doc.Louallen@wsj.com

(END) Dow Jones Newswires

July 24, 2026 12:25 ET (16:25 GMT)

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The stock is up about 15% over the past three months. \n</p>\n<p>\n  The AI-powered customer engagement company raised its full-year outlook for total revenue to $2.64 billion to $2.65 billion, and subscriptions revenue to $2.55 billion to $2.56 billion. The company also raised its adjusted earnings per share to $4.96 to $5.10. \n</p>\n<p>\n  For the third quarter, the company expects total revenue of $664 million to $670 million and subscriptions revenue of $643 million to $649 million. \n</p>\n<p>\n  The company also raised its quarterly dividend to 12.5 cents a share from 7.5 cents, payable Aug. 20 to shareholders of record on Aug. 6. \n</p>\n<p>\n  RingCentral reported second-quarter net income of $39.1 million, or 45 cents a share, up from $13.2 million, or 14 cents a share, in the prior-year quarter. \n</p>\n<p>\n  Adjusted earnings were $1.22 a share, compared with analysts' expectations of $1.16 a share, according to FactSet. \n</p>\n<p>\n  Revenue was $657 million, compared with $620.4 million a year earlier, and above FactSet's estimate of $650.5 million. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Doc Louallen at Doc.Louallen@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 24, 2026 12:25 ET (16:25 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4528","symbol_name":"SaaS概念","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2654036140","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2654036140","pubTimestamp":1784910300,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Shares of RingCentral rose after the company raised its full-year outlook and quarterly dividend, and reported higher second-quarter earnings.Shares were recently up 23% at $47.56 in Friday afternoon ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4528":"SaaS概念","RNG":"Ringcentral Inc.","BK4585":"ETF&股票定投概念","BK4023":"应用软件"},"translate_title":"Ringcentral 股价因前景改善和股息增长而上涨，第二季度盈利超出预期","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"RNG":0.9},"content_text":"Shares of RingCentral rose after the company raised its full-year outlook and quarterly dividend, and reported higher second-quarter earnings. \n\n\n  Shares were recently up 23% at $47.56 in Friday afternoon trading. The stock is up about 15% over the past three months. \n\n\n  The AI-powered customer engagement company raised its full-year outlook for total revenue to $2.64 billion to $2.65 billion, and subscriptions revenue to $2.55 billion to $2.56 billion. The company also raised its adjusted earnings per share to $4.96 to $5.10. \n\n\n  For the third quarter, the company expects total revenue of $664 million to $670 million and subscriptions revenue of $643 million to $649 million. \n\n\n  The company also raised its quarterly dividend to 12.5 cents a share from 7.5 cents, payable Aug. 20 to shareholders of record on Aug. 6. \n\n\n  RingCentral reported second-quarter net income of $39.1 million, or 45 cents a share, up from $13.2 million, or 14 cents a share, in the prior-year quarter. \n\n\n  Adjusted earnings were $1.22 a share, compared with analysts' expectations of $1.16 a share, according to FactSet. \n\n\n  Revenue was $657 million, compared with $620.4 million a year earlier, and above FactSet's estimate of $650.5 million. \n\n\n \n\n\n  Write to Doc Louallen at Doc.Louallen@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  July 24, 2026 12:25 ET (16:25 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}