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RNG / RingCentral posts narrower loss, raises revenue guidance

RingCentral posts narrower loss, raises revenue guidance
Shares of RingCentral Inc. RNG rose more than 7% in the extended session Tuesday after the maker of cloud-base communications services posted a narrower quarterly loss and adjusted EPS above Wall Street expectations, raising its revenue and operating margin outlook for the year as well. RingCentral lost $54.4 million, or 57 cents a share, compared with a loss of $151 million, or $1.60 a share in the year-ago period. Read More
Posted: May 9 2023, 16:28
Author Name: Market Watch
Views: 111663

RNG News  

Why Is RingCentral (RNG) Down 0.7% Since Last Earnings Report?

By Zacks Investment Research
September 6, 2023

Why Is RingCentral (RNG) Down 0.7% Since Last Earnings Report?

RingCentral (RNG) reported earnings 30 days ago. What's next for the stock? more_horizontal

RingCentral (RNG) Q2 Earnings Top Estimates, Revenues Up Y/Y

By Zacks Investment Research
August 8, 2023

RingCentral (RNG) Q2 Earnings Top Estimates, Revenues Up Y/Y

RingCentral's (RNG) Q2 results benefit from strong subscription revenue growth driven by new product innovations and strong partnerships. more_horizontal

Here's What Key Metrics Tell Us About RingCentral (RNG) Q2 Earnings

By Zacks Investment Research
August 7, 2023

Here's What Key Metrics Tell Us About RingCentral (RNG) Q2 Earnings

While the top- and bottom-line numbers for RingCentral (RNG) give a sense of how the business performed in the quarter ended June 2023, it could be wo more_horizontal

RingCentral (RNG) Surpasses Q2 Earnings and Revenue Estimates

By Zacks Investment Research
August 7, 2023

RingCentral (RNG) Surpasses Q2 Earnings and Revenue Estimates

RingCentral (RNG) came out with quarterly earnings of $0.83 per share, beating the Zacks Consensus Estimate of $0.75 per share. This compares to earni more_horizontal

RingCentral's stock plunges despite revenue, earnings beat

By Market Watch
August 7, 2023

RingCentral's stock plunges despite revenue, earnings beat

RingCentral Inc.'s RNG, +0.88% stock is getting creamed, down more than 10% in extended trading Monday. The cloud-based phone system provider for smal more_horizontal

RingCentral (RNG) Expands With Cloud Phone Launch in India

By Zacks Investment Research
June 28, 2023

RingCentral (RNG) Expands With Cloud Phone Launch in India

RingCentral (RNG) receives an approval for providing cloud communications service to multinational organizations in India, reflecting on its expanding more_horizontal

RingCentral: Navigating Growth Challenges

By Seeking Alpha
June 28, 2023

RingCentral: Navigating Growth Challenges

With a mounting debt burden, RingCentral, Inc. faces the challenge of a significantly overleveraged balance sheet, with looming debt obligations. Ring more_horizontal

You Could Buy These 2 Growth Stocks on the Dip

By The Motley Fool
June 1, 2023

You Could Buy These 2 Growth Stocks on the Dip

Discover a pair of surprisingly well-hidden gems in the stock market's ongoing garage sale. RingCentral and Alphabet look affordable -- nay, undervalu more_horizontal


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