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Re: eastunder post# 14571

Tuesday, 05/07/2024 4:30:55 PM

Tuesday, May 07, 2024 4:30:55 PM

Post# of 15827
RingCentral, Inc. (RNG) Tops Q1 EPS by 7c; raises guidance

RingCentral, Inc. (NYSE: RNG) reported Q1 EPS of $0.87, $0.07 better than the analyst estimate of $0.80. Revenue for the quarter came in at $584 million versus the consensus estimate of $578.15 million.

GUIDANCE:

RingCentral, Inc. sees Q2 2024 EPS of $0.87-$0.88, versus the consensus of $0.85. RingCentral, Inc. sees Q2 2024 revenue of $584.5-587.5 million, versus the consensus of $585.8 million.

RingCentral, Inc. sees FY2024 EPS of $3.59-$3.67, versus the consensus of $3.55. RingCentral, Inc. sees FY2024 revenue of $2.379-2.399 billion, versus the consensus of $2.384 billion.

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