RingCentral (RNG) Q1 Earnings and Revenues Beat Estimates

RingCentral (RNG) came out with quarterly earnings of $1 per share, beating the Zacks Consensus Estimate of$ 0.96 per share. This compares to earnings of $0.87 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 4.17%. A quarter ago, it was expected that this cloud-based phone system provider for small businesses would post earnings of$ 0.96 per share when it actually produced earnings of $0.98, delivering a surprise of 2.08%.Over ...