RNG - RingCentral Analysts Slash Their Forecasts After Q4 Results | Benzinga
RingCentral, Inc. (NYSE: RNG) reported upbeat earnings for its fourth quarter, but issued weak guidance for its first quarter on Tuesday.
RingCentral posted adjusted earnings of 86 cents per share, beating market estimates of 82 cents per share. The company’s quarterly sales came in at $571.00 million versus expectations of $570.42 million, according to data from Benzinga Pro.
RingCentral said it sees first-quarter adjusted EPS of 79 cents to 80 cents per share, versus estimates of 82 cents per share. The company expects revenue of $575 million to $580 million versus expectations of ...