RingCentral (NYSE:RNG) Delivers Impressive Q3, Stock Jumps 17.2%
Office and call centre communications software provider RingCentral (NYSE:RNG) beat analyst expectations in Q3 FY2021 quarter, with revenue up 36.5% year on year to $414.6 million. Guidance for next quarter's revenue was surprisingly good, being $434 million at the midpoint, 3.18% above what analysts were expecting. RingCentral made a GAAP loss of $146.7 million, down on its loss of $20.9 million, in the same quarter last year. ... Continue Reading
Jabin Bastian 2021/11/09 9:52pm
Office and call centre communications software provider RingCentral (NYSE:RNG) beat analyst expectations in Q3 FY2021 quarter, with revenue up 36.5% year on year to $414.6 million. Guidance for next quarter's revenue was surprisingly good, being $434 million at the midpoint, 3.18% above what analysts were expecting. RingCentral made a GAAP loss of $146.7 million, down on its loss of $20.9 million, in the same quarter last year. ... Continue Reading