RingCentral (NYSE:RNG) reported its Q2 earnings results on Tuesday, August 2, 2022 at 04:02 PM.
Here’s what investors need to know about the announcement.
Earnings
RingCentral beat estimated earnings by 12.5%, reporting an EPS of $0.45 versus an estimate of $0.4.
Revenue was up $107.62 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.05 which was followed by a 0.25% drop in the share price the next day.
Here’s a look at RingCentral’s past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.34 | 0.37 | 0.33 | 0.28 |
| EPS Actual | 0.39 | 0.39 | 0.36 | 0.32 |
| Revenue Estimate | 458.69M | 434.94M | 393.42M | 359.51M |
| Revenue Actual | 467.66M | 448.50M | 414.63M | 379.27M |
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.
