RingCentral's third-quarter 2024 results benefit from a robust product portfolio and strong subscription revenue growth.
RingCentral, Inc. (NYSE:RNG ) Q3 2024 Earnings Conference Call November 7, 2024 5:00 PM ET Company Participants Will Wong - Vice President, Investor Relations Vlad Shmunis - Founder, Chairman & Chief Executive Officer Vaibhav Agarwal - Senior Vice President of FP&A and Chief Accounting Officer Conference Call Participants Kash Rangan - Goldman Sachs Siti Panigrahi - Mizuho Damien Grangeon - Barclays Michael Turrin - Wells Fargo Billy Fitzsimmons - Jefferies Operator Hello, and welcome to the RingCentral Third Quarter 2024 Earnings Conference Call. All participants will be in a listen-only mode.
Although the revenue and EPS for RingCentral (RNG) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
RingCentral (RNG) came out with quarterly earnings of $0.95 per share, beating the Zacks Consensus Estimate of $0.92 per share. This compares to earnings of $0.78 per share a year ago.
Get a deeper insight into the potential performance of RingCentral (RNG) for the quarter ended September 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
RNG's third-quarter 2024 results are expected to benefit from its robust product portfolio and strong subscription revenue growth.
RingCentral (RNG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
RNG's shares are driven by a growing client base, robust growth in AI initiatives and an increasing demand for its solutions.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
RingCentral and Zayo team up to launch Zayo UC+ with RingCentral, an AI-driven UCaaS solution that boosts productivity and enhances customer experiences.
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.