RingCentral (NYSE:RNG) reported its Q4 earnings results on Tuesday, February 22, 2022 at 04:02 PM.

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

Earnings

RingCentral beat estimated earnings by 5.41%, reporting an EPS of $0.39 versus an estimate of $0.37.

Revenue was up $113.96 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 20.54% increase in the share price the next day.

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

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Guidance

RingCentral management provided guidance for their next quarter, expecting earnings between $0.34 and $0.34 per share for the next quarter.

This represents a -12.82% in quarter-over-quarter growth for RingCentral, a bearish signal to many investors.

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