Shares of RingCentral, Inc. (RNG) are climbing about 30 percent during Friday morning trading. The positive stock movement might be influenced by yesterday's fourth-quarter financial results announcement, which saw the company turning to profit of $22.97 million or $0.26 per share, compared to a net loss of $7.19 million or $0.08 per share in the same period last year.
The company's stock is currently trading at $38.25, up 30.95 percent or $8.94, over the previous close of $29.35 on the New York Stock Exchange. It has traded between $20.59 and $38.25 in the past one year.
Total revenue was $644.0 million for the fourth quarter of 2025, up from $615.5 million in the fourth quarter of 2024, representing 5 percent year-over-year growth.
For comments and feedback contact: editorial@rttnews.com
Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.