RingCentral Inc Class A
RNG: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.#PtG%>% | LOCK|f&n | LOCK|qL? |
RingCentral Earnings: Solid Results, With Light Guidance Against Low Expectations
RingCentral posted third-quarter revenue growth of 5% year over year to $639 million, and non-GAAP operating margin of 22.8%, versus the midpoint of guidance at $635 million and 22.6%, respectively. Its fourth-quarter revenue outlook fell just short of FactSet consensus.
