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RingCentral Continues To Exceed Expectations

April 9th, 2019 · No Comments

  • The unified cloud communications platform is well-established and has ample room left to expand.
  • We’re at a point where operational leverage has kicked in and shifted the company into free cash flow positive territory.
  • We don’t see much room for valuation multiple expansion, and while there is still considerable upside in the shares, it’s best to wait for a dip.

Source: RingCentral Continues To Exceed Expectations – RingCentral, Inc. (NYSE:RNG) | Seeking Alpha

Tags: RNG