RingCentral: Q3 Earnings Insights - RingCentral (NYSE:RNG)

RingCentral RNG reported its Q3 earnings results on Tuesday, November 9, 2021 at 04:02 PM.

Here's what investors need to know about the announcement.

RingCentral their estimated earnings by 9.09%, reporting an EPS of $0.36 versus an estimate of $0.33, which did not surprise analysts.

Revenue was up $111,005,000 from the same period last year.

Last quarter the company beat on EPS by $0.04, which was followed by a 3.79% drop in the share price the next day.

Here's a look at RingCentral's past performance:

Quarter	Q2 2021	Q1 2021	Q4 2020	Q3 2020
EPS Estimate	0.28	0.25	0.27	0.24
EPS Actual	0.32	0.27	0.29	0.26
Revenue Estimate	359.51M	339.93M	317.42M	287.33M
Revenue Actual	379.27M	352.36M	334.54M	303.62M

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This article was generated by Benzinga's automated content engine and reviewed by an editor.