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.

Earnings

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.

Past Earnings Performance

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.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Date
▲▼
ticker
▲▼
name
▲▼
Actual EPS
▲▼
EPS Surprise
▲▼
Actual Rev
▲▼
Rev Surprise
▲▼
Posted In: EarningsBZI-Recaps
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!