Ringcentral, Inc. (RNG) Tops Q3 EPS by 3c, Revenues Beat; Lifts FY18 EPS/Revenue Outlook Above Consensus

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Go back to Ringcentral, Inc. (RNG) Tops Q3 EPS by 3c, Revenues Beat; Lifts FY18 EPS/Revenue Outlook Above Consensus

RingCentral Announces Third Quarter 2018 Results

November 5, 2018 4:02 PM EST

Total Revenue up 33%

Mid-market and Enterprise ARR up 75%

Enterprise ARR up over 100%

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 third quarter ended September 30, 2018.

Third Quarter Financial Highlights

Software subscriptions revenue increased 32% year over year to $158 million.... More