From Wall Street – RingCentral – CY2018-Q4

Current Highlights

The highlights for FY2018-Q4 (CY2018-Q4) are as follows:

  • Total quarterly revenue increased 34% year-over-year to $189 million. This growth rate has been consistent throughout the year.
  • Core software subscriptions, which exclude the impact of legacy AT&T business, increased 38% year-over-year to $160 million.
  • Enterprise business defined by the company as customers that generate >$100,000 annual recurring revenue, nearly doubled.