RingCentral (NYSE:RNG) reported its Q1 earnings results on Tuesday, May 9, 2023 at 04:05 PM.

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

Earnings

RingCentral beat estimated earnings by 10.14%, reporting an EPS of $0.76 versus an estimate of $0.69.

Revenue was up $66.03 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.01 which was followed by a 23.42% drop in the share price the next day.

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

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.