Ringcentral (RNG) Misses Q1 EPS by 4c, Sales Beat

Ringcentral (NYSE: RNG) reported Q1 EPS of ($0.20), $0.04 worse than the analyst estimate of ($0.16). Revenue for the quarter came in at $48.3 million versus the consensus estimate of $47.05 million.

“We are pleased to post strong results once again in the first quarter,” said Vlad Shmunis, RingCentral’s Chairman and CEO. “RingCentral’s mobile-first approach and leading technology platform continues to disrupt the business communications market. RingCentral OfficeTM in particular is driving our success and our growing traction with larger customers.”

For earnings history and earnings-related data on Ringcentral (RNG) click here.

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