(Updates with the stock move in the headline and the first paragraph.)

RingCentral's (RNG) shares were up 7.2% in recent premarket activity on Friday after the company overnight reported an increase in Q4 earnings per share and revenue, and its EPS forecast for the next quarter beat market expectations.

The company reported Q4 non-GAAP net income late Thursday of $1.18 per diluted share, up from $0.98 a year earlier.

Analysts polled by FactSet expected $1.14.

Revenue for the quarter ended Dec. 31 was $644 million, up from $614.5 million a year earlier.

Analysts surveyed by FactSet expected $643.6 million.

For Q1, the company expects non-GAAP EPS of $1.16 to $1.19 on revenue of $640 million to $645 million. Analysts expect $1.09 and $640.2 million, respectively.

For the full-year 2026, the company expects non-GAAP EPS of $4.76 to $4.97. Analysts expect $4.77.

The company initiated a quarterly dividend of $0.075 per share, payable on March 16 to holders of record as of March 9.