RingCentral Inc (FRA:3RCA)
€ 34.75 1.1 (3.27%) Market Cap: 3.22 Bil Enterprise Value: 4.50 Bil PE Ratio: 0 PB Ratio: 0 GF Score: 78/100

RingCentral Inc at Barclays Global Technology, Media and Telecommunications Conference Transcript

Dec 08, 2022 / 06:25PM GMT
Release Date Price: €34.46 (+2.44%)
Ryan Patrick MacWilliams
Barclays Bank PLC, Research Division - Research Analyst

Okay. This is great. Well, RingCentral, thanks for being here at the Barclays TMT Conference Day 2. Guys, we're halfway through. We're getting there. So I'm Ryan MacWilliams, mid-cap software analyst here at Barclays. With me today from RingCentral is CEO and Founder, Vlad Shmunis and Chief Accounting Officer, Vaibhav Agarwal.

Questions & Answers

Ryan Patrick MacWilliams
Barclays Bank PLC, Research Division - Research Analyst

So Vlad, quite a run from 2 guys in the garage to $2 billion in annual recurring revenue. I'm always impressed by the size of UCaaS deals. Like 4 years ago, 10,000 seats was like a great enterprise win. And now we're talking about 50,000, 100,000 seat opportunities. The question I get a lot on RingCentral is what's next. So from your point of view, how do you think about the strategy ahead for Ring?

Vladimir G. Shmunis
RingCentral, Inc. - Founder, Chairman & CEO

Yes. Well, that's okay, I guess,

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