Zoom Video Communications Inc (NASDAQ: ZM) is trading up in extended hours on Monday after reporting upbeat results for its fiscal fourth quarter.Zoom stock pops on solid guidanceCopy link to sectionThe stock is being rewarded also because the management issued encouraging guidance for the future. Zoom now forecasts its revenue to come in at $1.125 billion. That’s roughly in line with $1.13 billion that analysts had called for. Eric Yuan – the chief executive of Zoom Video Communications said in a press re ...

Zoom Video Communications, Inc ZM was trading near flat on Monday, as the company headed into its fourth-quarter earnings print after the market close.When Zoom printed its third-quarter results on Nov. 20, the stock was highly volatile the following day, sliding over 4% lower at one point before closing the trading session flat. The stock then continued in its uptrend, which brought Zoom to a high of $74.77 on Dec. 27.For that quarter, Zoom reported revenue of $1.137 billion, which slightly beat the $ 1.12 ...

Revenue Performance - Fourth quarter total revenue was $1,146.5 million, up 2.6% year over year; full fiscal year total revenue was $4,527.2 million, up 3.1% year over year[6] - Enterprise revenue for the fourth quarter was $667.3 million, up 4.9% year over year; full fiscal year Enterprise revenue was $2,619.3 million, up 8.7% year over year[6] - Revenue for the three months ended January 31, 2024, was $1,146,457 thousand, a 2.9% increase from $1,117,803 thousand in the same period of 2023[34] - GAAP revenue for the three months ended January 31, 2024, was $1,146,457, representing a year-over-year growth of 2.6%[39] - Full fiscal year 2025 total revenue is expected to be approximately $4.600 billion, with non-GAAP income from operations expected between $1.720 billion and $1.730 billion[14] Profitability - Non-GAAP net income for the fourth quarter was $444.0 million, or $1.42 per share, compared to $366.6 million, or $1.22 per share in the same quarter last year[5] - Full fiscal year non-GAAP net income was $1,608.0 million, or $5.21 per share, up from $1,329.0 million, or $4.37 per share in fiscal year 2023[9] - Net income for the three months ended January 31, 2024, was $298,832 thousand, compared to a net loss of $104,050 thousand in the same period of 2023[34] - Non-GAAP income from operations for the three months ended January 31, 2024, was $443,749, up from $404,832 in the same period of 2023[38] - Non-GAAP net income for the three months ended January 31, 2024, was $443,971, compared to $366,554 in the same period of 2023[38] Cash Flow and Liquidity - Operating cash flow for the fourth quarter was $351.2 million, up 66.0% year over year; full fiscal year operating cash flow was $1,598.8 million, up 23.9% year over year[6] - Cash flows from operating activities for the year ended January 31, 2024, totaled $1,598,836, an increase from $1,290,262 in the previous year[36] - Free cash flow (non-GAAP) for the year ended January 31, 2024, was $1,471,883, compared to $1,186,436 for the previous year[38] - Cash and cash equivalents increased to $1,558,252 thousand as of January 31, 2024, from $1,086,830 thousand as of January 31, 2023, indicating improved liquidity[32] - The company experienced a net cash increase of $67,253 for the three months ended January 31, 2024, compared to a decrease of $5,845 in the same period of 2023[36] Customer Metrics - Zoom had approximately 220,400 Enterprise customers at the end of the fourth quarter, up 3.5% year over year[14] - The trailing 12-month net dollar expansion rate for Enterprise customers was 101%[14] - The net dollar expansion rate is calculated based on the annual recurring revenue (ARR) from Enterprise customers, which reflects the growth in existing customer accounts[28] - The online average monthly churn rate is calculated based on the monthly recurring revenue (MRR) from Online customers, providing insights into customer retention[29] Strategic Investments and Stock Repurchase - Zoom's Board of Directors authorized a stock repurchase program of up to $1.5 billion of its outstanding Class A common stock[15] - The strategic investments increased to $409,222 thousand as of January 31, 2024, compared to $398,992 thousand as of January 31, 2023, indicating ongoing investment in growth opportunities[32] Balance Sheet Highlights - The total current assets increased to $7,926,219 thousand as of January 31, 2024, from $6,356,412 thousand as of January 31, 2023, representing an increase of 24.7%[32] - Total liabilities decreased slightly to $1,910,387 thousand as of January 31, 2024, from $1,921,458 thousand as of January 31, 2023[32] Operating Margins - The company reported a GAAP operating margin of 14.7% for the three months ended January 31, 2024, compared to a negative margin of 11.6% in the same period of 2023[38] - The company reported a non-GAAP operating margin of 38.7% for the three months ended January 31, 2024, up from 36.2% in the same period of 2023[38]

Zoom Video Communications (ZM) closed the most recent trading day at $61.35, moving +0.05% from the previous trading session. The stock's performance was behind the S&P 500's daily gain of 0.13%. Elsewhere, the Dow gained 0.13%, while the tech-heavy Nasdaq lost 0.32%.Shares of the video-conferencing company witnessed a loss of 11.94% over the previous month, trailing the performance of the Computer and Technology sector with its gain of 2.15% and the S&P 500's gain of 2.99%.Investors will be eagerly watchin ...

The upcoming report from Zoom Video Communications (ZM) is expected to reveal quarterly earnings of $1.15 per share, indicating a decline of 5.7% compared to the year-ago period. Analysts forecast revenues of $1.13 billion, representing an increase of 1% year over year.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.Prior t ...

Zoom Video Communications (ZM) closed the most recent trading day at $61.32, moving -1.29% from the previous trading session. The stock's performance was behind the S&P 500's daily loss of 0.6%. At the same time, the Dow lost 0.17%, and the tech-heavy Nasdaq lost 0.92%.Shares of the video-conferencing company have depreciated by 10.73% over the course of the past month, underperforming the Computer and Technology sector's gain of 3.1% and the S&P 500's gain of 3.56%.The investment community will be paying c ...

Bitcoin’s (BTC:USD) performance in 2024 and over the past year has been impressive, up 18% and 122%, respectively. The Bitcoin outlook from most experts seems very positive for the remainder of 2024. The trouble for investors who’ve yet to join the cryptocurrency club is whether their FOMO (fear of missing out) is warranted or merely an irrational thought. Helping move things along for the world’s leading cryptocurrency are the 10+ bitcoin ETFs launched in mid-January. The first month of trading for these E ...

Zoom Video Communications (ZM) closed the latest trading day at $64.14, indicating a +0.75% change from the previous session's end. This move lagged the S&P 500's daily gain of 0.96%. At the same time, the Dow added 0.4%, and the tech-heavy Nasdaq gained 1.3%.Prior to today's trading, shares of the video-conferencing company had lost 7.87% over the past month. This has lagged the Computer and Technology sector's gain of 6.92% and the S&P 500's gain of 3.69% in that time.The upcoming earnings release of Zoom ...

The global workforce experienced a seismic shift towards remote operations during the pandemic, revealing the productivity benefits of remote work setups and attracting investor attention to both established and emerging remote work stocks. Zoom Video Communications (NASDAQ:ZM) perhaps exemplifies this shift, evolving from a pre-2020 web conferencing platform to a communication staple during the pandemic. Consequently, ZM stock gained a whopping 396% in 2020, becoming on the biggest pandemic success stories ...

When I purchased shares of Zoom Video Communications (ZM 2.82%) in late 2021, I knew its growth wouldn't be as good as it had been in 2020 and early 2021. However, I believed the adoption of Zoom's other products -- Phone, Rooms, and (later) Contact Center -- would provide enough of a runway for it to still be a good investment.It's now 2024, and while adoption of Zoom's other products has been great, its top-line growth has disappointingly been almost nonexistent. Revenue in its fiscal 2024 third quarter w ...