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RingCentral beats Q2 guidance with revenues up 34%

Tuesday 7 August 2018 | 09:36 CET | News
RingCentral reported better-than-expected second-quarter results and again raised its full-year guidance. Revenues rose 34 percent to USD 161 million, and the gross margin increased 1.0 percent point to 76.3 percent. While the net loss widened to USD 0.10 from USD 0.03 a year ago, adjusted EPS improved to USD 0.19 from USD 0.10, ahead of the company's guidance. 

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Categories: Fixed
Companies: RingCentral
Countries: World
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