From Financial Modeling Prep: 2025-02-21 12:48:00

RingCentral (NYSE:RNG) beat Q4 earnings and revenue expectations, with adjusted EPS of $0.98 and revenue of $615 million, up 8% YoY. However, weaker Q1 guidance caused shares to drop 7%. Q1 EPS forecast of $0.93-$0.97 and revenue guidance of $607-$612 million missed estimates. Operating cash flow hit $483 million in 2024.

CEO Vlad Shmunis highlighted RingCentral’s first GAAP operating profitability in 2024 and emphasized AI product expansion, including RingCentral AI Receptionist. Fiscal 2025 outlook includes 5-7% subscription revenue growth, 4-6% total revenue growth, and adjusted EPS of $4.13-$4.27. Despite strong performance, cautious investor sentiment remains due to soft Q1 guidance.



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