RingCentral (NYSE: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.
