RingCentral Inc at Needham Technology and Media Conference Transcript

May 16, 2023 / 12:45PM GMT

Release Date Price: $26.89 (-5.32%)

Transcript 10-Q8-K

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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