Jon Swartz is a senior reporter for MarketWatch in San Francisco, covering many of the biggest players in tech, including Netflix, Facebook and Google. Jon has covered technology for more than 20 years, and previously worked for Barron's and USA Today. Follow him on Twitter @jswartz.
RingCentral Inc.’s stock jumped about 10% in after-hours trading Monday after it reported a narrowing quarterly loss, results that beat analysts’ forecasts on the top- and bottom-lines, and sales projections that were raised.
Total revenue improved nearly 10% to $558.2 million from $509 million a year ago. Subscription sales were $531 million, or about 95% of totalAnalysts polled by FactSet had forecast on average adjusted earnings of 75 cents a share and revenue of $554 million. Robbiati credited his predecessor for the quarterly performance and vowed to “infuse AI into everything we do.”
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Disney earnings: What to expect when the Magic Kingdom reportsJon Swartz is a senior reporter for MarketWatch in San Francisco, covering many of the biggest players in tech, including Netflix, Facebook and Google. Jon has covered technology for more than 20 years, and previously worked for Barron's and USA Today. Follow him on Twitter jswartz.
Lire la suite »
Telecom Italia’s top investor says its ‘shareholder rights have been trampled’ as it vows to take legal action to block KKR’s $24 billion dealLouis Goss is a MarketWatch reporter based in London.
Lire la suite »
Starbucks paying minimum 3% raise in JanuarySteve Gelsi covers banking and cannabis as a Senior Reporter for MarketWatch.
Lire la suite »
Freshpet stock rallies on upped revenue outlook and narrower-than-expected Q3 lossSteve Gelsi covers banking and cannabis as a Senior Reporter for MarketWatch.
Lire la suite »
Beyond CEO steps down as the former Overstock.com announces leadership transitionJames Rogers is a Financial Columnist for MarketWatch.
Lire la suite »
Bumble founder to step down as chief executive, with Slack Technologies chief lined up to take her placeSteve Gelsi covers banking and cannabis as a Senior Reporter for MarketWatch.
Lire la suite »