Ringcentral, Inc. (RNG) Tops Q2 EPS by 4c, Revenues Beat; Boosts FY18 EPS/Revenue Outlook Above Consensus

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Go back to Ringcentral, Inc. (RNG) Tops Q2 EPS by 4c, Revenues Beat; Boosts FY18 EPS/Revenue Outlook Above Consensus

RingCentral Announces Second Quarter 2018 Results

August 6, 2018 4:01 PM EDT

Total Revenue up 34%

Total ARR crosses $600 million milestone

Enterprise business ARR up over 110%

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, 2018.

Second Quarter Financial Highlights

Total revenue increased 34% year over year to $161 million.... More