RNG Q1 2020 Earnings — RingCentral, Inc. Revenue & Financial Results | Market Cap Arena

RNGRingCentral, Inc.

$4B

Q1 2020 Earnings

Technology Software - Application

Income Statement

Revenue

$268M+32.8% YoY

Gross Profit

$194M72.5% margin

Operating Income

-$25M-9.5% margin

Net Income

-$61M-22.7% margin

EPS (Diluted)

$-0.70

QoQ Revenue Growth

+5.8%

Cash Flow

Operating Cash Flow

$13M

Free Cash Flow

-$1M

Stock-Based Comp.

$37M

Balance Sheet

Total Assets

$1.9B

Total Liabilities

$1.4B

Stockholders' Equity

$490M

Cash & Equivalents

$762M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$268M	$201M	+32.8%
Gross Profit	$194M	$151M	+28.8%
Operating Income	-$25M	-$7M	-241.6%
Net Income	-$61M	-$6M	-855.0%

Revenue Segments

License and Service

$243M91%

Product and Service, Other

$24M9%