Ringcentral, Inc. (RNG) Tops Q3 EPS by 3c, Revenues Beat; Lifts FY18 EPS/Revenue Outlook Above Consensus
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RingCentral Announces Third Quarter 2018 Results
November 5, 2018 4:02 PM ESTTotal Revenue up 33%
Mid-market and Enterprise ARR up 75%
Enterprise ARR up over 100%
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 third quarter ended September 30, 2018.
Third Quarter Financial Highlights
Software subscriptions revenue increased 32% year over year to $158 million.... More