RINGCENTRAL, INC. (RNG) News
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- $72.07
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- -3.04%
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RNG headlines
last 30 daysDemand for AI-powered customer engagement tools is surging.
Subscription gross margins stayed above 80% even as AI adoption accelerated, proving the company can scale AI without sacrificing profitability.
AI revenue doubled to $400 million annually as margins expanded to record levels.
RingCentral trades in a buy zone as Wall Street looks for AI-driven profit growth from the communications software firm. The post RingCentral Stock Breaks Out Before Earnings, With AI Demand In Focus appeared first on Investor's Business Daily .
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