Profits growing faster than revenues. Hard to complain ... Current HighlightsRevenue of $13.1 billion, up nearly 8% year over year Service revenue up 3% GAAP operating income $3.8 billion, up 38%; net income $3.5 billion General and administrative expenses decreased due to a benefit from a $400 m...
Current HighlightsTotal quarterly revenue increased 33% year-over-year to $174 million. Software subscriptions increased 32% year-over-year to $158 million. Annualized Monthly Recurring Subscriptions (ARR) increased 31% year-over-year to $674 million. The company re-engaged and extended a reseller relationship wi...
Current HighlightsTotal revenues of $483 million, more than 2x prior year, driven by July 2, 2018 acquisition of Polycom (~$2 billion).The $483 revenue number was reduced from $520 million by purchase accounting adjustments required under U.S. GAAP rules. These relate to the fair value adjustments to deferred ...
Current HighlightsTotal revenues of $262 million, up 3.3% Business revenues of $154 million, up 19%, now at 59% of total Business service revenues of $134 million, up 23% Consumer revenues of $108 million, down 13%, end quarter with 1.3 million subscriber lines Announced and completed acquisition of NewVoiceMedia...
Current HighlightsRevenues and profits continue to be under assault, with company management claiming the cause is patent infringement. Focus on cash management with multiple elements: cost savings (headcount), inventory management, elimination of the stock dividend, and a rights offering to current shareholders....
Company reports highest revenue in past three years (and perhaps longer) ... Current HighlightsRevenue of $12.8 billion, highest in past three years and perhaps longer Recurring revenue was 32% of total revenue GAAP operating income for Q4 $3.3 billion Q4 GAAP earnings include an $863 million benef...
Current HighlightsClearOne reported revenues of $7.0M compared to $10.3M in the same quarter last year. GAAP gross profit in Q2 was $3.3M compared to $6.1M in Q2 2017. GAAP net loss was $2.2M compared to a net loss of $0.8M in Q2 2017. 48% of revenues were from international sales. Company’s focus on pa...
Current HighlightsTotal quarterly revenue increased 34% year-over-year to $161 million. Software subscriptions revenue increased 32% year over year to $146 million. Annualized Monthly Recurring Subscriptions (ARR) increased 32% year-over-year to $630 million, of which $548 million is from RingCentral Office. Mana...
Current HighlightsTotal revenues of $260 million – an increase of 3% from a year earlier. Services represented $128 million of this total. Business revenue (UCaaS + CPaaS) of $147.8 million - up 20%. Consumer revenue $112 million - down 12.6%. Income from operations of $13.4 million - down 25% sequentially, but...
Innovation, value, and partnerships drive ongoing strong performance Current HighlightsQ1 sales were $608 million, up 15% in US dollars and 12% in constant currency vs. FY2018-Q1. Gaming and Video Collaboration categories both grew more than 60% in Q1. Q1 GAAP operating income was $32 million, comp...
