Ringcentral, Inc. (RNG) Tops Q2 EPS by 4c, Revenues Beat; Boosts FY18 EPS/Revenue Outlook Above Consensus
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RingCentral Announces Second Quarter 2018 Results
August 6, 2018 4:01 PM EDTTotal Revenue up 34%
Total ARR crosses $600 million milestone
Enterprise business ARR up over 110%
BELMONT, Calif.--(BUSINESS WIRE)-- RingCentral, Inc. (NYSE: RNG), a leading provider of global enterprise cloud communications and collaboration solutions, today announced financial results for the second quarter ended June 30, 2018.
Second Quarter Financial Highlights
Total revenue increased 34% year over year to $161 million.... More