RingCentral rings in 'outstanding' Q4, but investors want more
All smiles? Despite cracking results, RingCentral's investors still weren't happy. The US-based company, which launched its own jauntily named, Zoom-like video service called Glip in December last year, has just revealed its financial results for the fourth quarter of 2020, a period described as "outstanding" by Vlad Shmunis, RingCentral's founder, chairman and CEO. It's tough out there Nevertheless, as noted by Barron's, despite the good results RingCentral was gently punished by the market for not doing well enough, leading to a modest dip in its share price. According to the financial and...
Source: lightreading.com