RingCentral (NYSE:RNG – Get Rating) updated its second quarter 2023 earnings guidance on Tuesday. The company provided EPS guidance of $0.74-$0.76 for the period, compared to the consensus EPS estimate of $0.73. The company issued revenue guidance of $535.00 million-$537.00 million, compared to the consensus revenue estimate of $535.92 million. RingCentral also updated its FY […]
RingCentral (NYSE:RNG – Get Rating) issued an update on its FY 2023 earnings guidance on Tuesday morning. The company provided EPS guidance of $3.19-$3.25 for the period, compared to the consensus EPS estimate of $3.08. The company issued revenue guidance of $2.19 billion-$2.21 billion, compared to the consensus revenue estimate of $2.19 billion. RingCentral also […]
RingCentral, Inc. (NYSE:RNG – Get Rating) – Equities research analysts at Zacks Research reduced their Q4 2023 EPS estimates for RingCentral in a research note issued to investors on Tuesday, May 2nd. Zacks Research analyst A. Ganguly now anticipates that the software maker will post earnings per share of $0.05 for the quarter, down from […]
Granite Point Capital Management L.P. purchased a new stake in shares of RingCentral, Inc. (NYSE:RNG – Get Rating) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 8,000 shares of the software maker’s stock, valued at approximately $283,000. A number of […]
Heritage Investors Management Corp cut its position in RingCentral, Inc. (NYSE:RNG – Get Rating) by 1.0% in the 4th quarter, HoldingsChannel.com reports. The firm owned 87,027 shares of the software maker’s stock after selling 888 shares during the period. Heritage Investors Management Corp’s holdings in RingCentral were worth $3,081,000 as of its most recent filing […]