Shares of office and call centre communications software provider RingCentral (NYSE:RNG)
jumped 25.6% in the afternoon session after the company reported better-than-expected second-quarter financial results, raised its full-year profit forecast, and received an analyst upgrade. The business communications provider announced revenue of $620 million and adjusted earnings of $1.06 per share, both of which beat Wall Street's forecasts. Based on the strong quarter, RingCentral lifted its full-year earnings guidance. The positive report prompted Oppenheimer to upgrade the stock to "Outperform" with a $35 price target. Adding to the good news, the company also achieved positive GAAP net income for the first time in its history and announced an expanded partnership with AT&T.
Office and call centre communications software provider RingCentral (NYSE:RNG) met Wall Street’s revenue expectations in Q2 CY2025, with sales up 4.6% year on year to $620.4 million. The company expects next quarter’s revenue to be around $635 million, close to analysts’ estimates. Its non-GAAP profit of $1.06 per share was 3.6% above analysts’ consensus estimates.
RingCentral Q2 2025 results: $620.4M revenue slightly misses estimates, but EPS of $1.06 beats forecasts. Stock rises 13.8% post-earnings amid optimism. New CFO appointed, focus on AI and profitability.
Let's have a look at what is happening on the US markets after the closing bell on Tuesday. Below you can find the top gainers and losers in today's after hours session.
Shares of office and call centre communications software provider RingCentral (NYSE:RNG)
jumped 6.6% in the after-market session after the company announced an expanded partnership with AT&T, amid a broader rally in software stocks.
Office and call centre communications software provider RingCentral (NYSE:RNG)
will be reporting results this Tuesday afternoon. Here’s what investors should know.
A number of stocks fell in the afternoon session after the White House announced a new round of steep global tariffs, sparking concerns of a trade war and its impact on the U.S. and global economies. This move creates significant uncertainty for businesses and investors. The new tariffs, with rates of up to 41% on imports from 68 countries and the European Union, prompted a broad market sell-off, with the tech-heavy Nasdaq index showing notable weakness. Adding to the bearish sentiment was a weaker-than-expected July jobs report, which revealed that employers created only 73,000 jobs, far below economists' expectations. This combination of trade fears and signs of a slowing labor market has created a "risk-off" environment, leading investors to pull back from growth-oriented sectors like software and technology.
Value investing has created more billionaires than any other strategy, like Warren Buffett, who built his fortune by purchasing wonderful businesses at reasonable prices.
But these hidden gems are few and far between - many stocks that appear cheap often stay that way because they face structural issues.
A number of stocks fell in the afternoon session after the Trump administration announced intentions to impose a 35% tariff on many goods imported from Canada.
Small-cap stocks can be incredibly lucrative investments because their lack of analyst coverage leads to frequent mispricings.
However, these businesses (and their stock prices) often stay small because their subscale operations make it harder to expand their competitive moats.
A company that generates cash isn’t automatically a winner.
Some businesses stockpile cash but fail to reinvest wisely, limiting their ability to expand.
Office and call centre communications software provider RingCentral (NYSE:RNG) met Wall Street’s revenue expectations in Q1 CY2025, with sales up 4.8% year on year to $612.1 million. The company expects next quarter’s revenue to be around $617 million, close to analysts’ estimates. Its non-GAAP profit of $1 per share was 4.2% above analysts’ consensus estimates.
As the Q1 earnings season wraps, let’s dig into this quarter’s best and worst performers in the video conferencing industry, including RingCentral (NYSE:RNG) and its peers.
Office and call centre communications software provider RingCentral (NYSE:RNG) met Wall Street’s revenue expectations in Q1 CY2025, with sales up 4.8% year on year to $612.1 million. The company expects next quarter’s revenue to be around $617 million, close to analysts’ estimates. Its non-GAAP profit of $1 per share was 4.2% above analysts’ consensus estimates.
Office and call centre communications software provider RingCentral (NYSE:RNG)
will be reporting earnings tomorrow after the bell. Here’s what investors should know.
The low valuation multiples for value stocks provide a margin of safety that growth stocks rarely offer.
However, the challenge lies in determining whether these cheap assets are genuinely undervalued or simply on sale due to their potentially deteriorating business models.
