RING CENTRAL (RNG)

EARNINGS RELEASE MONDAY - MAY 6 (AMC)

Jump Report

Avg Daily Volume: 853,736    Market Cap: 9.44B 
Sector: Technology    Short Interest: 8.4

EARNINGS EXPECTATIONS:   

ESTIMATED    EPS: .15     REV:  193.54 M

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   LAST QTR:  EPS: .23   ESTIMATED.18  (BEAT)
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   NEXT QTR: EPS: .16  REV: 202.92 M
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   FY19:  EPS: .71  REV: 854.86 M
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BEAT/MISS HISTORY: 88% OF THE TIME THEY BEAT

PRIOR ‘JUMP ZONE’ (3 QTRS %) : 9.98, 6.71, 10.62 

POTENTIAL JUMP MOVE:  10-12%

Links To Latest News and Headlines

KeyBanc Capital analyst Alex Kurtz cut his rating on VMware stock to Sector Weight from Overweight after a raft of executive departures. He likes Atlassian, Smartsheet, Nutanix, and RingCentral.

RingCentral announces it will report financial results for the fourth quarter ended December 31, 2020 after market close on Tuesday, February 16, 2021

15 Jan, 2021 @ 12:08 by Yahoo! Finance

Zoom Video Communications Inc (NASDAQ:ZM)’s got steam. Bernstein named it a top pick in 2021, even after a stellar 2020, when it grew almost 400% thanks to the Covid-19 pandemic that kept us all at home and working and studying via the service. “Zoom Phone should contribute substantial revenue in a shorter time frame than many investors expect,” Bernstein wrote in a note.

14 Jan, 2021 @ 14:02 by Yahoo! Finance

Atos SE (CAC40: ATO) and RingCentral, Inc. (NYSE: RNG), a leading provider of global enterprise cloud communications, collaboration, video meetings, and contact center solutions, today announced the first release of Unify Office (UO) in the United States. A Unified Communications-as-a-Service (UCaaS), UO enables businesses to communicate and collaborate with ease using industry-leading voice, video, and team messaging capabilities from anywhere and on any device via a single enterprise solution.

The proceeds were above the $1.5 billion the company targeted, but still may not be enough for the platform to grow via acquisitions, according to Stifel analyst Tom Roderick.

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