secwatch.observer — SEC 8-K summary
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Issuer:     RingCentral, Inc. (RNG)
CIK:        0001384905
Form:       8-K
Filed at:   2022-08-02T23:59:59+00:00
Accession:  0001384905-22-000033
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

RingCentral Q2 revenue $487M (+28% YoY), beats guidance; raises 2022 non-GAAP op margin to 12%
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- Total revenue $487M (+28% YoY); subscriptions revenue $463M (+32% YoY).
- GAAP net loss per share ($1.68); non-GAAP diluted EPS $0.45 vs $0.32 YoY.
- Q2 ARR grew 31% YoY to $2.0B; mid-market/enterprise ARR up 38% to $1.2B.
- Maintains FY 2022 subscription revenue guidance $1.882–$1.898B; raises non-GAAP op margin to 12.0%.
- Record non-GAAP op margin; non-GAAP free cash flow $29M (6.0% of revenue, up 220 bps YoY).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1384905/000138490522000033/0001384905-22-000033-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1384905/000138490522000033/rng-20220802.htm
  HTML page:      https://secwatch.observer/filing/0001384905-22-000033

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