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
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.
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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