RingCentral Announces Second Quarter 2018 Results
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Ringcentral, Inc. (RNG) Tops Q2 EPS by 4c, Revenues Beat; Boosts FY18 EPS/Revenue Outlook Above Consensus
August 6, 2018 4:06 PM EDTRingcentral, Inc. (NYSE: RNG) reported Q2 EPS of $0.19, $0.04 better than the analyst estimate of $0.15. Revenue for the quarter came in at $161 million versus the consensus estimate of $155.71 million.
Second Quarter Financial Highlights
Total revenue increased 34% year over year to $161 million.Software subscriptions revenue increased 32% year over year to $146 million.Annualized Exit... More