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RingCentral (RNG) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates
RNGRingCentral(RNG) Zacks Investment Research·2024-05-07 22:31

For the quarter ended March 2024, RingCentral (RNG) reported revenue of 584.21million,up9.5584.21 million, up 9.5% over the same period last year. EPS came in at 0.87, compared to 0.76intheyearagoquarter.ThereportedrevenuecomparestotheZacksConsensusEstimateof0.76 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of 577.81 million, representing a surprise of +1.11%. The company delivered an EPS surprise of +8.75%, with the consensus EPS estimate being $0.80.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how t ...