For the quarter ended July 2024, Zoom Video Communications (ZM) reported revenue of $1.16 billion, up 2.1% over the same period last year. EPS came in at $1.39, compared to $1.34 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $1.15 billion, representing a surprise of +1.22%. The company delivered an EPS surprise of +14.88%, with the consensus EPS estimate being $1.21. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings - ...

Zoom Video Communications Q2 FY25 Earnings August 21, 2024 | --- | --- | |-----------------------------|-------| | | | | | | | Use of non-GAAP financial | | | measures | | In addition to the financials presented in accordance with U.S. generally accepted accounting principles ("GAAP"), this presentation includes the following non-GAAP metrics: Revenue in Constant Currency, non-GAAP gross profit, non-GAAP gross margin, non-GAAP R&D expense, non-GAAP S&M expense, non-GAAP G&A expense, non-GAAP operating margi ...

Zoom Video Communications (ZM) came out with quarterly earnings of $1.39 per share, beating the Zacks Consensus Estimate of $1.21 per share. This compares to earnings of $1.34 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 14.88%. A quarter ago, it was expected that this videoconferencing company would post earnings of $1.19 per share when it actually produced earnings of $1.35, delivering a surprise of 13.45%. Over the last ...

Exhibit 99.1 Zoom Video Communications Reports Financial Results for the Second Quarter of Fiscal Year 2025 • Second quarter total revenue of $1,162.5 million, up 2.1% year over year as reported and 2.4% in constant currency • Second quarter Enterprise revenue of $682.8 million, up 3.5% year over year • Second quarter GAAP operating margin of 17.4% and non-GAAP operating margin of 39.2% • Second quarter operating cash flow of $449.3 million, up 33.7% year over year • Repurchased approximately 4.8 million sh ...

Financial Performance - Second quarter total revenue of $1,162.5 million, up 2.1% year over year as reported and 2.4% in constant currency [1] - Second quarter Enterprise revenue of $682.8 million, up 3.5% year over year [1] - Second quarter GAAP operating margin of 17.4% and non-GAAP operating margin of 39.2% [1] - Second quarter operating cash flow of $449.3 million, up 33.7% year over year [1] - Non-GAAP net income for the second quarter was $436.4 million, or $1.39 per share [4] Customer Metrics - 3,933 customers contributing more than $100,000 in trailing 12 months revenue, up approximately 7.1% year over year [6] - Approximately 191,600 Enterprise customers [6] - Online average monthly churn of 2.9% for the second quarter, down 30 bps year over year [6] - Trailing 12-month net dollar expansion rate for Enterprise customers of 98% [6] Strategic Highlights - Zoom Contact Center secured several marquee customers, including its largest single order deal to-date [2] - Customers contributing more than $100,000 in trailing 12 months revenue increased by 7.1% year over year [2] - Online average monthly churn reached its lowest ever rate [2] Cash and Marketable Securities - Total cash, cash equivalents, and marketable securities, excluding restricted cash, as of July 31, 2024 was $7.5 billion [5] - Free cash flow for the second quarter was $365.1 million, up 26.2% year over year [5] Financial Outlook - Third quarter fiscal year 2025 total revenue expected to be between $1.160 billion and $1.165 billion [8] - Full fiscal year 2025 total revenue expected to be between $4.630 billion and $4.640 billion [8] - Full fiscal year non-GAAP income from operations expected to be between $1.790 billion and $1.800 billion [8] Share Repurchase - Repurchased approximately 4.8 million shares of common stock in Q2 [1] - $1.062 billion of authorized share repurchase remaining as of July 31, 2024 [9]

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Zoom Video Communications. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...

Cathie Wood's Ark Invest made headlines by offloading 161,836 shares of Zoom Video Communications Inc. ZM just ahead of the company's second quarter earnings report. The sale, valued at approximately $9.1 million, signals a potential red flag for the video-conferencing giant, which has seen its stock price dip nearly 14% year-to-date. Earnings To The Rescue? Zoom is set to report its second-quarter earnings on Aug. 21, with Wall Street expecting $1.21 in EPS and $1.1 billion in revenue. Despite the pressure ...

SAN JOSE, Calif., Aug. 19, 2024 (GLOBE NEWSWIRE) -- Today Zoom Video Communications, Inc. (NASDAQ: ZM) announced the launch of its new single-use webinar offering, which can host up to 1 million attendees. In addition to its monthly and annual webinar subscription options, Zoom now offers a range of single-use webinar options to accommodate larger event sizes. Customers can now choose webinars for 10K, 50K, 100K, 250K, 500K, and 1M attendee capacities. Each single-use webinar package includes support from Z ...

Kena Betancur/Getty Images News Investment Thesis Since my last coverage update on Zoom (NASDAQ:ZM) in May, shares of the video conferencing have underperformed the market significantly. Zoom's underperformance is a part of broader concerns analysts have surrounding the company's growth and market position compared to other competitors like Microsoft's (MSFT) Teams software. Zoom's attempt to diversify its product offerings beyond its core video conferencing service, including with products like Zoom Phone ...

Wall Street analysts expect Zoom Video Communications (ZM) to post quarterly earnings of $1.21 per share in its upcoming report, which indicates a year-over-year decline of 9.7%. Revenues are expected to be $1.15 billion, up 0.9% from the year-ago quarter. The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period. Before a company re ...