Cloud Stocks: RingCentral Sees Strong Traction
May 11, 2020 at 11:47 AM EDT
RingCentral’s first quarter revenues grew 33% over the year to $268 million, significantly ahead of the market’s forecast of $256.6 million. Non-GAAP net income per diluted share was $0.19, ahead of the Street’s estimates of $0.18.