RingCentral Soars More Than 10% After Dialing Up Better-Than-Expected Q1 Results
$RingCentral(RNG.US$ rose 10%+ after hours Tuesday after the communications company beat analyst estimates for Q1 earnings per share ands revenues.
RNG gained 10.9% to trade at $33.25 shortly before 5 p.m. ET after the company said it earned $0.87 per share on $584 million of revenue. That reportedly beat analysts' consensus forecast of $0.80 per share on $578.2 million in sales.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Director of Financial Content
Former top editor at Seeking Alpha, Fidelity.com, TheStreet.com and UPI.
258Followers
242Following
1283Visitors
Follow