RingCentral Jumps 15% Premarket After Strong Q3 Beat, Guidance Raised
RingCentral Inc shares surged in premarket trading after the company reported better-than-expected third-quarter financial results and raised its fiscal 2026 guidance above market expectations. RingCentral reported quarterly earnings…
RingCentral Inc shares surged in premarket trading after the company reported better-than-expected third-quarter financial results and raised its fiscal 2026 guidance above market expectations.
RingCentral reported quarterly earnings of $1.33 per share, beating the analyst consensus estimate of $1.28. The company reported quarterly sales of $676.043 million, surpassing the analyst consensus estimate of $667.035 million.
RingCentral shares soared 15% in premarket trading to $91.33.
Here are some other stocks moving in premarket trading.
Gainers
22nd Century Group Inc rose 64.6% premarket to $0.36. 22nd Century Group shares fell over 20% on Thursday following the company's reporting of sequentially higher preliminary third-quarter net revenue.
Lakewood-amedex Biotherapeutics Inc rose 56.8% premarket to $0.77. The company recently announced the presentation of Nu-3 preclinical data, with the next catalyst remaining the Phase 2a topline results in the first quarter of 2027.
Hub Cyber Security Ltd rose 47.2% premarket to $0.30, after dropping 33% on Thursday.
Lucid Diagnostics Inc jumped 26.6% premarket to $0.42, after the company announced it has begun receiving Medicare reimbursement payments for its EsoGuard esophageal DNA test.
Tantech Holdings Ltd rose 26.1% premarket to $31.30, after soaring 87% on Thursday.
Aardvark Therapeutics Inc rose 20.7% premarket to $4.77, after the clinical-stage biopharmaceutical company said the U.S. Food and Drug Administration has lifted the clinical hold on its Prader-Willi syndrome candidate.
Hyperscale Data Inc rose 17.8% premarket to $0.15, after the AI data center company suspended its at-the-market stock offering.
PAVmed Inc rose 16.9% premarket to $2.40, as the company announced it has begun receiving Medicare payments for its EsoGuard esophageal DNA test.
Maxlinear Inc rose 10.1% premarket to $71.86, following strong third-quarter results.
Losers
Lunai Bioworks Inc fell 36.2% premarket to $0.30, after the company announced it received a determination from Nasdaq and intends to voluntarily delist and deregister.
BranchOut Food Inc. fell 14.4% premarket to $1.73, after announcing a proposed public offering.
Pomdoctor Limited fell 13.4% premarket to $1.76, after dropping 33% on Thursday.
Darkiris Inc. fell 12.8% premarket to $1.9599, after rising about 13% on Thursday.
Enlivex Ltd. fell 11.6% premarket to $0.1760. Enlivex disclosed a 1-for-16 reverse stock split, effective October 27.
BayCom Corp fell 11.4% premarket to $28.23, following weak quarterly results.
Eason Technology Limited fell 11.2% premarket to $0.3019. Eason Technology announced its subsidiary Four Ele Industry obtained a patent for an industrial park smart grid dispatch system.
High Roller Technologies, Inc. fell 10.6% premarket to $4.44. High Roller Technologies recently announced the commercial launch of its real-money prediction market platform, ROLR.
Nyxoah SA fell 10.4% premarket to $0.7356. Nyxoah recently lowered its fiscal 2026 revenue guidance.
Deckers Outdoor Corporation fell 9.1% premarket to $77.50, after reporting mixed second-quarter financial results and cutting its fiscal 2027 sales guidance below market expectations.
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