💨 Abstract

RingCentral Inc. reported a first-quarter loss of $10.3 million (11 cents per share) but adjusted earnings exceeded expectations at $1 per share. Revenue was $612.1 million, also surpassing forecasts. For the upcoming quarter, RingCentral projects earnings of $1 to $1.04 per share and revenue between $614 million and $620 million. The company anticipates full-year earnings of $4.13

Courtesy: wtop.com

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