RingCentral Earnings Reports

RingCentral reported a good fourth quarter and strong fiscal year 2024, with Q4 revenue and operating margin exceeding guidance. GAAP operating profitability was achieved for the first time. The company is focused on driving growth, expanding profitability, and delivering operating efficiencies.

RingCentral announced strong Q3 2024 results, with total revenue increasing by 9% year-over-year to $609 million and subscriptions revenue increasing by 10% year-over-year to $583 million. The company achieved GAAP operating profitability for the first time and raised its 2024 revenue, net cash provided by operating activities, and free cash flow outlook.

RingCentral announced strong Q2 2024 results, with total revenue up 10% year-over-year to $593 million and subscriptions revenue up 10% to $567 million. The company raised its full-year revenue and free cash flow outlook, driven by solid demand in its core UCaaS business and traction in new products.