Benzinga | May 4, 2021 04:08PM EDT

RingCentral Q1 Adj. EPS $0.27 Beats $0.25 Estimate, Sales $352.00M Beat $339.93M Estimate

RingCentral (NYSE:RNG) reported quarterly earnings of $0.27 per share which beat the analyst consensus estimate of $0.25 by 8 percent. This is a 42.11 percent increase over earnings of $0.19 per share from the same period last year. The company reported quarterly sales of $352.00 million which beat the analyst consensus estimate of $339.93 million by 3.55 percent. This is a 31.58 percent increase over sales of $267.51 million the same period last year.