RingCentral (RNG) Q2 Earnings and Revenues Top Estimates

RingCentral (RNG) came out with quarterly earnings of $0.91 per share, beating the Zacks Consensus Estimate of$ 0.88 per share. This compares to earnings of $0.83 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 3.41%. A quarter ago, it was expected that this cloudbased phone system provider for small businesses would post earnings of$ 0.80 per share when it actually produced earnings of $0.87, delivering a surprise of 8.75%. O ...