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Stock impact report

When Will RingCentral, Inc. (NYSE:RNG) Breakeven? [Yahoo! Finance]

RingCentral, Inc. Class A (RNG) 
Last ringcentral, inc. class a earnings: 2/10 04:05 pm Check Earnings Report
US:NYSE Investor Relations: ir.ringcentral.com
Company Research Source: Yahoo! Finance
RingCentral, Inc., together with its subsidiaries, provides cloud communications, video meetings, collaboration, and contact center software-as-a-service solutions worldwide. The US$3.2b market-cap company posted a loss in its most recent financial year of US$165m and a latest trailing-twelve-month loss of US$139m shrinking the gap between loss and breakeven. The most pressing concern for investors is RingCentral's path to profitability – when will it breakeven? In this article, we will touch on the expectations for the company's growth and when analysts expect it to become profitable. Check out our latest analysis for RingCentral According to the 24 industry analysts covering RingCentral, the consensus is that breakeven is near. They anticipate the company to incur a final loss in 2025, before generating positive profits of US$92m in 2026. So, the company is predicted to breakeven approximately 2 years from now. In order to meet this breakeven date, we calculated the rate at whic Show less Read more
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