secwatch.observer — SEC 8-K summary
======================================

Issuer:     RingCentral, Inc. (RNG)
CIK:        0001384905
Form:       8-K
Filed at:   2021-08-03T23:59:59+00:00
Accession:  0001384905-21-000024
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

RingCentral Q2 revenue $379M (+36% YoY), raises full-year guidance above prior forecast
--------------------------------------------------------------------------------

- Revenue $379M (+36% YoY); subscriptions revenue $351M (+37% YoY) accounted for 93% of total.
- GAAP net loss per share ($1.22) vs $0.01 profit YoY; non-GAAP EPS $0.32 vs $0.24 YoY.
- RingCentral Office ARR $1.4B (+41% YoY); total ARR $1.5B (+37% YoY).
- Raised FY2021 total revenue guidance to $1.539-1.545B (prior $1.500-1.510B); non-GAAP EPS to $1.28-1.30.
- New partnerships with Verizon Business, NICE (expanded), Deutsche Telekom, and Avaya enhancements announced.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1384905/000138490521000024/0001384905-21-000024-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1384905/000138490521000024/rng-20210803.htm
  HTML page:      https://secwatch.observer/filing/0001384905-21-000024

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer