RingCentral (RNG) Stock

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Aiming for 15 RNG projects to be operational by 2027, the organization also adds a VP of Commercial to its executive leadership team DALLAS , Dec. 11, 2024 /PRNewswire/ -- LF Bioenergy, a renewable natural gas (RNG) company that partners with farmers to produce energy from methane capture, today announced the expansion of its RNG project footprint with four operating facilities and two under construction across the U.S. The operational RNG projects result in a cumulative environmental benefit equal to reducing 60 million gasoline miles. Farmers face increasing pressure from rising prices on everything from bedding to feed.

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RingCentral's stock has underperformed, but its operational performance remains strong, achieving GAAP operating profitability and consistent earnings surprises over 20 quarters. The company's Q3 results showed impressive growth in subscription sales and free cash flow, with a notable improvement in GAAP operating margin. Despite financial challenges, including high liabilities and a low Altman Z-Score, RingCentral's AI-driven solutions and market leadership offer significant growth potential.

CANONSBURG, Pa.--(BUSINESS WIRE)--Vision RNG LLC has signed an RNG agreement with L.P. Gill, Inc, for a Nebraska project converting landfill gas into RNG for sustainable uses.

We're putting RingCentral, Inc. on investors' radar for next year. We think RingCentral's UCaaS platform with AI integration enhances its positioning to boost its total ARR growth in FY25. We also think management is executing strategically to boost its profitability and support further Free Cash Flow expansion.

RingCentral (RNG) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

RNG's third-quarter 2024 results are expected to benefit from its robust product portfolio and strong subscription revenue growth.