Category: RNG
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RingCentral (RNG) Shares Skyrocket, What You Need To Know By Stock Story
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What Happened: Shares of office and call center communications software provider RingCentral (NYSE:) jumped 15.7% in the post-market session after the company reported first-quarter results that beat analysts’ billings, revenue and EPS expectations. Gross margin improved and free cash flow was strong. Looking ahead, revenue guidance for the upcoming quarter…