secwatch.observer — SEC 8-K summary
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Issuer:     RingCentral, Inc. (RNG)
CIK:        0001384905
Form:       8-K
Filed at:   2021-11-09T23:59:59+00:00
Accession:  0001384905-21-000033
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1384905/000138490521000033/0001384905-21-000033-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1384905/000138490521000033/rng-20211109.htm
  HTML page:      https://secwatch.observer/filing/0001384905-21-000033

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