RingCentral Shares Up 3% Following Q1 Beat and Raise, Names New CFO
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RingCentral (RNG) PT Lowered to $100 at Jefferies
May 10, 2022 8:40 AM EDTJefferies analyst Samad Samana lowered the price target on RingCentral (NYSE: RNG) to $100.00 (from $120.00) while maintaining a Buy rating following earnings.
The analyst commented, "RNG beat consensus for total rev, ARR and margins. While the headline #'s were solid, sub rev and... More
RingCentral, Inc. (RNG) Appoints Sonalee Parekh as CFO
May 9, 2022 4:05 PM EDTRingCentral, Inc. (NYSE: RNG) today announced that Sonalee Parekh has been appointed as RingCentrals Chief Financial Officer and will join the Company in her new role by May 31, 2022. Parekh will be responsible for all the companys financial functions, including financial planning,... More
RingCentral, Inc. (RNG) Tops Q1 EPS by 5c; Raises Outlook
May 9, 2022 4:04 PM EDTRingCentral, Inc. (NYSE: RNG) reported Q1 EPS of $0.39, $0.05 better than the analyst estimate of $0.34. Revenue for the quarter came in at $468 million versus the consensus estimate of $458.67 million.
GUIDANCE:
RingCentral, Inc. sees Q2 2022 EPS of $0.40-$0.41, versus the consensus of $0.38.... More
