RingCentral Q2 2024 Adj EPS $0.91 Beats $0.88 Estimate, Sales $592.91M Beat $586.38M Estimate
Portfolio Pulse from Benzinga Newsdesk
RingCentral (NYSE:RNG) reported Q2 2024 adjusted EPS of $0.91, beating the estimate of $0.88. Sales were $592.91M, surpassing the $586.38M estimate and showing a 9.94% increase from last year.
August 01, 2024 | 8:13 pm
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RingCentral (NYSE:RNG) reported Q2 2024 adjusted EPS of $0.91, beating the estimate of $0.88. Sales were $592.91M, surpassing the $586.38M estimate and showing a 9.94% increase from last year.
RingCentral's better-than-expected earnings and revenue figures, along with a significant year-over-year sales increase, are likely to positively impact the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100