RingCentral Beats Q2 Estimates, Signs Big Carrier

By | July 30, 2014

Scalper1 News

RingCentral stock soared Wednesday after the provider of cloud-based communications services’ Q2 earnings beat views and it announced a contract with BT Business to develop a cloud business phone system in the U.K. RingCentral (RNG) stock was up 19%, near 15, in afternoon trading in the stock market today. Late Tuesday, RingCentral reported a Q2 per-share loss minus items of 14 cents vs. a per-share loss of 36 cents in the year-earlier period. Scalper1 News

Scalper1 News