Ringcentral, Inc. (RNG) Tops Q1 EPS by 2c; Raises Outlook

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RingCentral Announces First Quarter 2019 Results

May 6, 2019 4:02 PM EDT

Total Revenue up 34%

Enterprise ARR up 95%

Channel ARR surpasses $200 million

BELMONT, Calif.--(BUSINESS WIRE)-- RingCentral, Inc. (NYSE: RNG), a leading provider of global enterprise cloud communications, collaboration, and contact center solutions, today announced financial results for the first quarter ended March 31, 2019.

First Quarter Financial Highlights

Total revenue increased 34% year over year to $201 million.... More