From Wall Street – RingCentral – CY2017-Q4

Current Highlights

The highlights for FY2017-Q4 (CY2017-Q4) are as follows:

  • Total quarterly revenue grew 34% year-over-year to $140.5 million. Revenue growth on an annual basis was 32%.
  • Software subscriptions revenue grew 32% year-over-year to $129.7 million.
  • Revenue from the flagship product, RingCentral Office, grew 36% year-over-year to $466.2 million.
  • Added support for Latin America – RingCentral Office now available in 37 countries.
  • Loss from operations was $6.19 million for Q4 and $27.27 million for the year.

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