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RingCentral revenue up 36% for Q1 2014

RingCentral, Inc. (NYSE: RNG) said its first quarter 2014 revenue increased 36 percent year-over-year to USD48.3m.

Total annualized exit monthly recurring subscriptions were up 39 percent year-over-year to USD187.7m.

Net loss per diluted share was USD0.20 for the first quarter of 2014 compared with a loss of USD0.45 for the first quarter of 2013.

RingCentral is a provider of cloud business communications solutions. The company is headquartered in San Mateo, California.


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