RingCentral, Inc. (RNG) Tops Q1 EPS by 7c; raises guidance

RingCentral, Inc. (NYSE: RNG) reported Q1 EPS of $0.76, $0.07 better than the analyst estimate of $0.69. Revenue for the quarter came in at $534 million versus the consensus estimate of $527.98 million.

GUIDANCE:

RingCentral, Inc. sees FY2023 EPS of $3.19-$3.25, versus the consensus of $3.08. RingCentral, Inc. sees FY2023 revenue of $2.187-2.205 billion, versus the consensus of $2.19 billion.

RingCentral, Inc. sees Q2 2023 EPS of $0.74-$0.76, versus the consensus of $0.73. RingCentral, Inc. sees Q2 2023 revenue of $535-537 million, versus the consensus of $535.9 million.

For earnings history and earnings-related data on RingCentral, Inc. (RNG) click here.

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