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RINGCENTRAL $RNG Q3’26 EARNINGS HIGHLIGHTS 🔹 Revenue: $676M (Est. $667M) 🟢; +5.9% YoY 🔹 Adj. EPS: $1.33 (Est. $1.28) 🟢; +18% YoY 🔹 GAAP EPS: $6.50; includes valuation allowance release 🔹 Non-GAAP Operating Margin: 24.7%; +190 bps YoY Raises FY26 Guide: 🔹 Revenue: $2.65B-$2.66B (Est. $2.64B) 🟢 🔹 Adj. EPS: $5.07-$5.12 (Est. $5.04) 🟢 🔹 Non-GAAP Operating Margin: ~24.0%-24.2% 🔹 Free Cash Flow: $620M-$630M Q4 Guide: 🔹 Revenue: $673M-$680M (Est. $673M) 🟡 🔹 Adj. EPS: $1.32-$1.37 (Est. $1.35) 🟡 🔹 Non-GAAP Operating Margin: 25.0%-25.5% Announcements: 🔹 Launched plugins for ChatGPT and Claude, including Claude for Small Business, and MCP connectors to make voice, SMS, and chat data available in LLMs. Other Q3 Metrics: 🔹 Free Cash Flow: $157M; +21.0% YoY 🔹 Operating Cash Flow: $180M; +18.8% YoY Comments: 🔸 “Voice is central to the next wave of AI innovation, and RingCentral is uniquely positioned to lead this transformation” 🔸 “We also reached our $1 billion gross debt target ahead of schedule, further strengthening our balance sheet while returning capital to shareholders.”
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All these stocks hit new 52 WEEK HIGHS at some point today Apple $AAPL AMD $AMD Moderna $MRNA CrowdStrike $CRWD Okta $OKTA Twilio $TWLO Bio-Techne $TECH 10x Genomics $TXG Cloudflare $NET Atlassian $TEAM Halozyme Therapeutics $HALO Twist Bioscience $TWST Rubrik $RBRK Agilent Technologies $A RingCentral $RNG Bank of Nova Scotia $BNS Natera $NTRA Biogen $BIIB Waters $WAT F5 $FFIV Freedom Holding $FRHC
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All these stocks hit new 52 WEEK HIGHS at some point today Okta $OKTA Zeta Global $ZETA Dynatrace $DT Atlassian $TEAM Rubrik $RBRK Block $XYZ Fortinet $FTNT JFrog $FROG Chime Financial $CHYM Teva Pharmaceutical $TEVA Revolution Medicines $RVMD Agilent Technologies $A Urban Outfitters $URBN Plains All American $PAA Invesco $IVZ Illumina $ILMN Hinge Health $HNGE RingCentral $RNG Plains $PAGP J.M. Smucker $SJM SharkNinja $SN Revvity $RVTY IQVIA $IQV Twist Bioscience $TWST Charles River $CRL Nomura $NMR State Street $STT Travere Therapeutics $TVTX Waters $WAT Natera $NTRA Paycom Software $PAYC Manhattan Associates $MANH Laboratory $LH Quest Diagnostics $DGX Argenx $ARGX Science Applications $SAIC Bio-Rad $BIO Shinhan $SHG
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All these stocks hit new 52 WEEK HIGHS at some point today Airbnb $ABNB HP $HPQ Cloudflare $NEW Twilio $TWLO Fastenal $FAST Dropbox $DBX Snowflake $SNOW Sentinelone $S Natera $NTRA $ROKU RingCentral $RNG Sharkninja $SN
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"Just going through this experience, I feel like I should be ready for whatever" No. 33 is embracing the grind and staying prepped. @RingCentral || The Call Up
From @gleaguewarriors to the Dubs, the mission is the same. No. 18 stays adaptable and ready to work. @RingCentral || The Call Up
All these stocks hit new 52 WEEK HIGHS at some point today Berkshire Hathaway $BRK.B Moderna $MRNA Visa $V Mastercard $MA Iovance $IOVA Avantor $AVTR APA $APA Hasbro $HAS Thermo Fisher $TMO Match Group $MTCH Box $BOX Charles River Laboratories $CRL Elevance Health $ELV Atlassian $TEAM Centene $CNC Hinge Health $HNGE Hilton $HLT Agilent $A Arcosa $ACA Cintas $CTAS MetLife $MET Halozyme $HALO DocuSign $DOCU RingCentral $RNG ADP $ADP SharkNinja $SN Manulife $MFC Exelixis $EXEL Murphy Oil $MUR Cardinal Health $CAH Veeva $VEEV BBB Foods $TBBB Kiniksa $KNSA Waters $WAT BeOne Medicines $ONC West Pharmaceutical $WST Manhattan Associates $MANH Paylocity $PCTY Paycom $PAYC Zebra $ZBRA Affiliated Managers $AMG Mettler-Toledo $MTD
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All these stocks hit new 52 WEEK HIGHS at some point today Eli Lilly $LLY Visa $V Moderna $MRNA Berkshire Hathaway $BRK.B Exxon Mobil $XOM Mastercard $MA Pfizer $PFE Chevron $CVX APA $APA Keurig Dr Pepper $KDP Permian Resources $PR Avantor $AVTR Hasbro $HAS Canadian Natural $CNQ ConocoPhillips $COP Hilton $HLT Suncor Energy $SU Takeda $TAK Box $BOX Match Group $MTCH Ovintiv $OVV DocuSign $DOCU Hinge Health $HNGE Halozyme $HALO Exelixis $EXEL Veeva $VEEV ADP $ADP EOG Resources $EOG Biogen $BIIB RingCentral $RNG Murphy Oil $MUR International Flavors & Fragrances $IFF Elevance Health $ELV Abercrombie & Fitch $ANF SharkNinja $SN Ternium $TX Williams-Sonoma $WSM Paycom $PAYC Pearson $PSO McKesson $MCK Eni $E West Pharmaceutical $WST Coca-Cola Femsa $KOF Paylocity $PCTY RenaissanceRe $RNR American Financial $AFG Hagerty $HGTY
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All these stocks hit new 52 WEEK HIGHS at some point today Berkshire Hathaway $BRK.B CrowdStrike $CRWD Palo Alto $PANW Airbnb $ABNB Snowflake $SNOW Bank of America $BAC Target $TGT HP $HPQ SentinelOne $S Dexcom $DXCM James Hardie $JHX Everpure $P 10X Genomics $TXG Fastenal $FAST Halozyme Therapeutics $HALO BioMarin Pharmaceuticals $BMRN Charles Schwab $SCHW Fluor Corp $FLR Bio-Techne $TECH Twilio $TWLO Vertex Pharmaceuticals $VRTX Acadia Pharmaceuticals $ACAD RTX Corp $RTX NetApp $NTAP Natera $NTRA Cheesecake Factory $CAKE Twist Bioscience $TWST Hinge Health $HNGE Victoria's Secret $VSXY Revolution Medicines $RVMD Crinetics Pharmaceuticals $CRNX RingCentral $RNG Liquidia Corp $LQDA ATI Inc $ATI Ternium $TX Oruka Therapeutics $ORKA Charles River Laboratories $CRL Cactus Inc $WHD Victory Capital $VCTR HealthEquity $HQY Laboratory Corp of America $LH Garmin $GRMN Protagonist $PTGX Enact $ACT Science Applications International $SAIC Reliance $RS Teledyne $TDY Bio-Rad $BIO NewMarket $NEU
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Premarket movers: Mag 7 stocks are mixed (Alphabet (GOOGL) -0.2%, Amazon (AMZN) -0.2%, Apple (AAPL) -0.1%, Meta Platforms (META) -0.5%, Microsoft (MSFT) -0.5%, Nvidia (NVDA) +0.2%, Tesla (TSLA) +0.1%) Tower companies gain and wireless carriers slide after SpaceX was said to be targeting 80,000 or more US cell sites, with talks under way with at least one infrastructure owner. Crown Castle (CCI) +9%, American Tower (AMT) +6%; AT&T (T) -4%, T-Mobile (TMUS) -4%, Verizon (VZ) -3.8% Autoliv (ALV) falls 5% after the maker of airbag systems cut its adjusted operating margin forecast for the full year. Bloom Energy (BE), which has more than doubled this year on demand for AI power sources, is down 3% after its quarterly report. Bloomberg Intelligence notes that “operating cash flow turned negative in 3Q as contract assets, receivables and inventory rose.” Deckers Outdoor (DECK) falls 7% after the footwear company cut its net sales guidance for the full year, which also fell short of the consensus estimate. MaxLinear (MXL) climbs 2% after the semiconductor device company’s third-quarter results beat expectations and it gave a revenue forecast that is seen as strong. Newmont Corp. (NEM) inches 1% lower after the miner forecast higher than expected 2027 spending for its Red Chris copper-gold mine in British Columbia. Norwegian Cruise (NCLH) slips 3% after JPMorgan downgraded the stock to underweight and reduced his price target to a Street-low $11 per share. Norwegian is due to report third-quarter results on Oct. 29. RingCentral (RNG) rises 16% after the communications software company raised its full-year forecast for adjusted earnings. It also reported third-quarter results that beat expectations.
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