(RTTNews) - 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.
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