RingCentral gains 14% on Q3 beat, plan to cut 10% of jobs

Nov. 09, 2022 6:27 PM ETRingCentral, Inc. (RNG)By: Jason Aycock, SA News Editor

RingCentral office building in Miami, Miami, FL, USA.

JHVEPhoto/iStock Editorial via Getty Images

RingCentral (NYSE:RNG) is 13.7% higher after hours following a beat on top and bottom lines in its third-quarter earnings that also featured a plan to cut 10% of employees.

Revenues rose nearly 23% and topped

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