Brief: Ringcentral Announces Fourth Quarter 2022 Results

RingCentral

15/02/2023 22:35

Feb 15 (Reuters) - Ringcentral Inc  RNG.N :
    * RINGCENTRAL ANNOUNCES FOURTH QUARTER 2022 RESULTS
    * SEES FY2023 TOTAL REVENUE RANGE OF $2.180 TO $2.200
BILLION,
REPRESENTING ANNUAL GROWTH OF 10% TO 11%
    * ANNOUNCES NEW FIVE-YEAR, $600 MILLION CREDIT FACILITY
    * SEES FY2023 NON-GAAP EPS RANGE OF $3.04 TO $3.10 BASED ON
99 TO
100 MILLION FULLY DILUTED SHARES
    * QTRLY GAAP NET LOSS PER SHARE WAS $2.97
    * SEES Q1 2023 TOTAL REVENUE RANGE OF $526 TO $530 MILLION,
REPRESENTING ANNUAL GROWTH OF 12% TO 13%
    * Q4 EARNINGS PER SHARE VIEW $0.59, REVENUE VIEW $527.4
MILLION --
REFINITIV IBES DATA
    * SEES Q1 2023 NON-GAAP EPS OF $0.69 TO $0.70 BASED ON 96.5
TO
97.5 MILLION FULLY DILUTED SHARES
    * QTRLY DILUTED NON-GAAP NET INCOME PER SHARE WAS $0.60
    * SEES 2023 RESTRUCTURING COSTS RANGE OF $5 TO $10 MILLION
    * Q1 EARNINGS PER SHARE VIEW $0.63, REVENUE VIEW $544.3
MILLION --
REFINITIV IBES DATA
    * FY2023 EARNINGS PER SHARE VIEW $2.84, REVENUE VIEW $2.33
BILLION
-- REFINITIV IBES DATA

Source text for Eikon:  ID:nBw9qtGY1a 
Further company coverage:  RNG.N 
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