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RingCentral (RNG) Reports Q1 Earnings: What Key Metrics Have to Say
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For the quarter ended March 2025, RingCentral (RNG - Free Report) reported revenue of $612.06 million, up 4.8% over the same period last year. EPS came in at $1.00, compared to $0.87 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $610.74 million, representing a surprise of +0.22%. The company delivered an EPS surprise of +4.17%, with the consensus EPS estimate being $0.96.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how RingCentral performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Gross Margin - Other: -14.6% compared to the 2.8% average estimate based on six analysts.
Gross Margin - Subscriptions: 80.3% compared to the 81% average estimate based on six analysts.
Revenues- Subscriptions: $590.11 million versus $589.93 million estimated by six analysts on average. Compared to the year-ago quarter, this number represents a +5.9% change.
Revenues- Other: $21.94 million compared to the $20.55 million average estimate based on six analysts. The reported number represents a change of -17.9% year over year.
Shares of RingCentral have returned +7.1% over the past month versus the Zacks S&P 500 composite's +11.3% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
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RingCentral (RNG) Reports Q1 Earnings: What Key Metrics Have to Say
For the quarter ended March 2025, RingCentral (RNG - Free Report) reported revenue of $612.06 million, up 4.8% over the same period last year. EPS came in at $1.00, compared to $0.87 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $610.74 million, representing a surprise of +0.22%. The company delivered an EPS surprise of +4.17%, with the consensus EPS estimate being $0.96.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how RingCentral performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Gross Margin - Other: -14.6% compared to the 2.8% average estimate based on six analysts.
- Gross Margin - Subscriptions: 80.3% compared to the 81% average estimate based on six analysts.
- Revenues- Subscriptions: $590.11 million versus $589.93 million estimated by six analysts on average. Compared to the year-ago quarter, this number represents a +5.9% change.
- Revenues- Other: $21.94 million compared to the $20.55 million average estimate based on six analysts. The reported number represents a change of -17.9% year over year.
View all Key Company Metrics for RingCentral here>>>Shares of RingCentral have returned +7.1% over the past month versus the Zacks S&P 500 composite's +11.3% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.