RingCentral (RNG) Q4 Earnings Top Estimates, Revenues Up Y/Y

RingCentral (RNG) reported fourth-quarter 2023 non-GAAP earnings of 86 cents per share, which surpassed the Zacks Consensus Estimate by 3.61% and increased 43.3% year over year.Net revenues of $571.3 million comfortably beat the consensus mark of $570 million and increased 8.9% year over year.Quarter DetailsSoftware subscription (95.8% of total revenues) revenues increased 9.1% year over year to $547.4 million. Other revenues (4.2% of total revenues) increased 3.3% year over year to $23.9 million.Annualized ...