From Wall Street – RingCentral – CY2019-Q1

Current Highlights

The highlights for CY2019-Q1 are as follows:

  • Total revenue increased by 34% to $201 million
  • Software subscriptions increased 33% to $183 million
  • Enterprise recurring revenue increased 95%
  • Net loss from operations more than doubled
  • North America represented 95% of sales, down from 96% a year earlier