Key Points After reporting its first quarter 2024 earnings report, shares of Zoom Video Communications Inc. NASDAQ: ZM shook markets by initially plummeting as much as 4.6% from their closing price and swiftly rising back to show a 2.5% premium to the day's end. To put this price action simply, a significant amount of buying orders could have come in as Zoom stock hit its bottom in the after-hours. While nothing regarding price action can be taken as fact, investors can dig into the quarter's actual results ...

Zoom's (ZM) first-quarter fiscal 2025 adjusted earnings of $1.35 per share beat the Zacks Consensus Estimate by 13.45% and increased 16.4% year over year. Revenues of $1.14 billion beat the consensus mark by 1.41% and increased 3.3% year over year on strong growth from Enterprise customers. Adjusting for foreign currency impact, revenues in constant currency were $1,143.6 million, up 3.5% year over year. Revenues increased 4% in America and 2% in EMEA, while international market revenues from APAC decreased ...

Zoom is making a bet that artificial intelligence will be the key to driving growth and expanding its business beyond video conferencing. The video communications company's first-quarter earnings call was dominated by discussions of AI, with executives highlighting Zoom's significant investments in the technology and the early success of its new AI-powered offerings. Leading the charge is Zoom Workplace, a comprehensive collaboration platform infused with AI capabilities that launched in March. The platform ...

SAN JOSE, Calif., May 21, 2024 (GLOBE NEWSWIRE) -- Today, Zoom Video Communications, Inc. (NASDAQ:ZM) announced that post-quantum end-to-end encryption (E2EE) is now globally available for Zoom Workplace, specifically Zoom Meetings, with Zoom Phone and Zoom Rooms coming soon. The launch of the new security enhancement makes Zoom the first UCaaS company to offer a post-quantum E2EE solution for video conferencing. About Zoom Zoom's mission is to provide one platform that delivers limitless human connection. ...

Zoom Video Communications, Inc. (NASDAQ:ZM) Q1 2025 Earnings Conference Call May 20, 2024 5:00 PM ET Company Participants Charles Eveslage - Head of IR Eric Yuan - Founder & CEO Kelly Steckelberg - CFO Conference Call Participants Meta Marshall - Morgan Stanley Samad Samana - Jefferies Michael Funk - Bank of America Rishi Jaluria - RBC Capital Markets Siti Panigrahi - Mizuho Catharine Trebnick - Rosenblatt Securities Ryan MacWilliams - Barclays William Power - Robert Baird Tyler Radke - Citigroup Alex Zukin ...

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance. Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance. Here i ...

~2.4 million May 20, 2024 | --- | --- | --- | --- | |-------|-----------|-------|-------| | | | | | | | | | | | | | | | | | | | | | | | | | | | Safe | | | | | | | | | | Harbor | | | | | | | | | | Statement | | | Awards and customer recognition Gartner Peer Insiahts ustomers' Choice 2024 TR TrustRadius Top Rated 2024 ★ ★ | --- | --- | --- | |--------------------------------------------|-----------------------------|-------| | | | | | 目 | E i | | | 目 风 zoom Workplace lo Digital Slightige | 0 Business Services ...

SAN JOSE, Calif., May 20, 2024 (GLOBE NEWSWIRE) -- Zoom Video Communications, Inc. (NASDAQ: ZM), today announced financial results for the first fiscal quarter ended April 30, 2024. "In Q1, we continued to integrate AI across our platform including Zoom Contact Center and Zoom Workplace, our AI-powered collaboration platform that provides customers the ability to reimagine teamwork by streamlining communications, increasing employee engagement, and improving productivity within their organizations," said Er ...

Exhibit 99.1 Zoom Video Communications Reports Financial Results for the First Quarter of Fiscal Year 2025 San Jose, California – May 20, 2024 – Zoom Video Communications, Inc. (NASDAQ: ZM), today announced financial results for the first fiscal quarter ended April 30, 2024. "In Q1, we continued to integrate AI across our platform including Zoom Contact Center and Zoom Workplace, our AI-powered collaboration platform that provides customers the ability to reimagine teamwork by streamlining communications, i ...

SAN JOSE, Calif., May 20, 2024 (GLOBE NEWSWIRE) -- Zoom Video Communications, Inc. (NASDAQ: ZM), today announced financial results for the first fiscal quarter ended April 30, 2024. "In Q1, we continued to integrate AI across our platform including Zoom Contact Center and Zoom Workplace, our AI-powered collaboration platform that provides customers the ability to reimagine teamwork by streamlining communications, increasing employee engagement, and improving productivity within their organizations," said Er ...