Ringcentral, Inc. (RNG) Tops Q2 EPS by 1c

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RingCentral Announces Second Quarter 2017 Results

August 2, 2017 4:01 PM EDT

Software Subscriptions Revenue up 28%

RingCentral Office® ARR up 37%

GAAP Software Subscriptions Gross Margin of 80.3%; Non-GAAP: 81.3%

BELMONT, Calif.--(BUSINESS WIRE)-- RingCentral, Inc. (NYSE: RNG), a leading provider of global enterprise cloud communications and collaboration solutions, today announced financial results for the second quarter ended June 30, 2017.

Second Quarter Financial Highlights

Software subscriptions revenue grew 28% year-over-year to $110.4 million.... More