ringcentral shares are trading higher late tuesday on betterthanexpected secondquarter revenue and profits while ratcheting up fullyear profit expectations for the quarter the provider of cloudbased communications services posted revenue of 487 million up 28 from a year earlier and ahead of the company’s guidance range of 4755 million to 4795 million street consensus estimates had called for 479 million ringcentral ticker rng posted nongaap profits for the quarter of 45 cents a share likewise above both the guidance range of 40 to 41 cents a share and street consensus at 40 cents under generally accepted accounting principles the company lost 168 a share