RingCentral: Q4 Earnings Insights

RingCentral RNG reported its Q4 earnings results on Tuesday, February 20, 2024 at 04:05 PM.

Here's what investors need to know about the announcement.

RingCentral beat estimated earnings by 4.88%, reporting an EPS of $0.86 versus an estimate of $0.82.

Revenue was up $46.52 million from the same period last year.

Last quarter the company beat on EPS by $0.03 which was followed by a 2.69% increase in the share price the next day.

Here's a look at RingCentral's past performance:

Quarter	Q3 2023	Q2 2023	Q1 2023	Q4 2022
EPS Estimate	0.75	0.75	0.69	0.59
EPS Actual	0.78	0.83	0.76	0.60
Revenue Estimate	554.16M	536.04M	527.94M	527.40M
Revenue Actual	558.16M	539.30M	533.69M	524.75M

To track all earnings releases for RingCentral visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.