Recap: RingCentral Q2 Earnings

Recap: RingCentral Q2 Earnings

RingCentral 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

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.

Posted In: BZI-RecapsEarnings