RingCentral Announces Fourth Quarter and Full Year 2017 Results
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February 13, 2018 9:36 AM EST
Oppenheimer raised its price target on RingCentral (NYSE: RNG) to $66.00 (from $60.00) while maintaining a Outperform rating.
Analyst Brian Schwartz commented, "Consistent with our business update in Dec., RingCentral delivered another quarter of very solid execution and reported results. Additionally, managements 2018 outlook implies that... More
February 13, 2018 6:41 AM EST
Summit Insights raised its price target on RingCentral (NYSE: RNG) to $60.00 while maintaining a Buy rating.
Analsyt Jonathan Kees commented, "RingCentral (RNG) delivered a beat with 4Q17 (Dec) results and guided outlook +3% above Street rev forecasts. RNGs investment in S&M... More
February 12, 2018 4:00 PM EST
Ringcentral, Inc. (NYSE: RNG) reported Q4 EPS of $0.07, $0.01 better than the analyst estimate of $0.06. Revenue for the quarter came in at $140.5 million versus the consensus estimate of $137 million.
GUIDANCE:
Ringcentral, Inc. sees Q1 2018 EPS of $0.11-$0.13, versus the consensus of... More
