RingCentral Q3 revenue $415M (+37% YoY), raises FY21 guidance; CFO Dhruv to step down Dec 31

RingCentral, Inc.

2021-Q3 EPS reported -$2.83 revenue$1,146,258,000

Q3 revenue $415M (+37% YoY), subscriptions $385M (+38%). GAAP EPS -$1.60; non-GAAP EPS $0.36 vs $0.26.
ARR $1.64B (+39%); Mid-market/Enterprise ARR $971M (+53%).
Raises FY21 total revenue guidance to $1.580-1.581B (up from $1.539-1.545B); non-GAAP EPS to $1.32.
CFO Mitesh Dhruv to resign effective Dec 31, 2021; search for successor commenced.
Q4 2021 revenue guidance $433.5-434.5M; non-GAAP EPS $0.37.

item 2.02 item 5.02 item 9.01

Executive movements

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Departed

Mitesh Dhruv

Chief Financial Officer

RNG · RingCentral, Inc.

Effective: 2021-12-31
Filed: November 9, 2021, 6:59 PM ET

On November 4, 2021, Mitesh Dhruv provided the Company with notice of his intent to resign from his position as Chief Financial Officer of the Company, effective as of December 31, 2021.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 1.0

Mitesh Dhruv resigned as Chief Financial Officer at RingCentral, Inc..

Action: resigned
Role: Chief Financial Officer

Exact text from the filing

On November 4, 2021, Mitesh Dhruv provided the Company with notice of his intent to resign from his position as Chief Financial Officer of the Company, effective as of December 31, 2021.

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RingCentral, Inc. filing history →

Source: SEC EDGAR

accession 0001384905-21-000033

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