- Markets
Find out what influences market movements by browsing through our tailor made product pages.
- Trading Platforms
Maximise your investment opportunities
Trading Platforms
In order to ensure our customers have the best trading experience. We are proud to introduce our suite of trading platforms.
- Accounts
All accounts can be opened using one application form.
OPEN A LIVE ACCOUNT
The application process is simple and straightforward. You can complete the online application form and be trading in minutes.
- Academy
Here you will find all the details regarding One Financial Markets educational offering
TRADING ACADEMY
Working through each of our six online modules, detailed below, you can develop your trading confidence
- Newsroom
The latest news in the Financial Markets from across the globe.
LATEST NEWS
Make sure you don't miss out on what's going on in the world around you, keep up to date with our market commentary and daily market update videos.
- Contact Us
RingCentral shares weaken after disappointing guidance
Investing.com -- RingCentral Inc (NYSE:RNG) shares were falling after third quarter profit guidance that was lower than expected.
The company reported adjusted earnings per share for the second quarter of 83 cents and revenue of $539.3 million. Analysts expected the company to report adjusted earnings per share of 75 cents on revenue of $536.2M.
For the third quarter, the company sees earnings per share in a range of 75 cents to 78 cents, versus analyst expectations for 82 cents. Third quarter revenue is seen coming in around $552M to $556M, about inline with expectations for $553.7M.
Shares are down 10.8% in after-hours trading. The stock is up 10% so far this year.
RingCentral sees full year 2023 adjusted earnings per share of $3.11 to $3.25, also inline with expectations. Full year revenue is expected in a range of $2.18 billion to $2.2 billion.
RingCentral named Tarek Robbiati as its new CEO. He has been a member of the RingCentral Board of Directors since December 2022 and CFO of Hewlett Packard Enterprise (NYSE:HPE). He will succeed Vlad Shmunis as CEO, effective August 28, 2023. Shmunis remains as executive chairman.
Shmunis said, “When I founded RingCentral two decades ago, we were a tiny, unfunded startup with an ambitious mission to improve how businesses around the world communicate internally and with their customers. From those humble beginnings, we have become a recognized leader in our space and one of the largest pure-play SaaS companies in the world. My plan is to stay engaged in the Company, while dedicating most of my time to innovation, product development and long-term strategy. I am excited for the road ahead.”
Begin trading today! Create an account by completing our form
Privacy Notice
At One Financial Markets we are committed to safeguarding your privacy.
Please see our Privacy Policy for details about what information is collected from you and why it is collected. We do not sell your information or use it other than as described in the Policy.
Please note that it is in our legitimate business interest to send you certain marketing emails from time to time. However, if you would prefer not to receive these you can opt-out by ticking the box below.
Alternatively, you can use the unsubscribe link at the bottom of the Demo account confirmation email or any subsequent emails we send.
By completing the form and downloading the platform you agree with the use of your personal information as detailed in the Policy.