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Stock impact report

RingCentral (NYSE:RNG) Posts Better-Than-Expected Sales In Q3 But Quarterly Guidance Underwhelms [Yahoo! Finance]

RingCentral, Inc. Class A (RNG) 
Last ringcentral, inc. class a earnings: 2/10 04:05 pm Check Earnings Report
US:NYSE Investor Relations: ir.ringcentral.com
Company Research Source: Yahoo! Finance
On the other hand, the company expects next quarter's revenue to be around $612 million, slightly below analysts' estimates. Its non-GAAP profit of $0.95 per share was also 3% above analysts' consensus estimates. Is now the time to buy RingCentral? Find out in our full research report Revenue: $608.8 million vs analyst estimates of $602.1 million (1.1% beat) Adjusted EPS: $0.95 vs analyst estimates of $0.92 (3% beat) EBITDA: $149 million vs analyst estimates of $147.4 million (1.1% beat) Revenue Guidance for Q4 CY2024 is $612 million at the midpoint, below analyst estimates of $616 million Adjusted EPS guidance for the full year is $3.69 at the midpoint, roughly in line with what analysts were expecting Gross Margin (GAAP): 70.4%, in line with the same quarter last year Operating Margin: 0%, up from -9.7% in the same quarter last year EBITDA Margin: 24.5%, up from 22.9% in the same quarter last year Billings: $607.7 million at quarter end, up 8.1% year on year Ma Show less Read more
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