From Wall Street – RingCentral – CY2018-Q3

Current Highlights

The highlights for FY2018-Q3 (CY2018-Q3) are as follows:

  • Total 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 with AT&T; ATT sells to enterprises through both direct and indirect sales channels.
  • Formed a new relationship with BT to resell RingCentral branded as BT Cloud Work.
  • Closed the acquisition of Paris-based Dimelo.

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