RingCentral's (RNG) Q2 Earnings & Revenues Surpass Estimates

RingCentral (RNG) reported non-GAAP earnings of 91 cents per share in second-quarter 2024, surpassing the Zacks Consensus Estimate by 3.41% and increasing 9.6% year over year. Net revenues of $593 million comfortably beat the consensus mark by 1.13% and increased 10% year over year. A robust product portfolio and strong subscription revenues drove the upside. Quarter Details Software subscription revenues (95.6% of total revenues) increased 10.4% year over year to$ 567.1 million, beating the Zacks Consensus ...