The highlights for FY2018-Q2 (CY2018-Q2) are as follows:
- Total 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.
- Management continues to cite growth with mid-market and enterprise customers (+80%).
- Non-North America revenues represent less than 5% of total.