earnings
confidence high
sentiment neutral
materiality 0.75
Zoom Q3 FY2023 revenue $1.102B (+5% YoY); Enterprise revenue +20%; non-GAAP EPS $1.07
Zoom Communications, Inc.
2023-Q3 EPS reported
$0.68
revenue$3,275,157,000
- Total revenue $1,101.9M (+5% YoY; +7% constant currency); Enterprise $614.3M (+20%), Online $487.6M (-9%).
- GAAP net income $48.4M ($0.16 diluted EPS) vs $340.3M ($1.11) a year ago; non-GAAP net income $323.2M ($1.07).
- GAAP operating margin 6.0%; non-GAAP operating margin 34.6%; free cash flow $272.6M (down from $374.8M).
- Enterprise customers 209,300 (+14% YoY); TTM net dollar expansion rate 117%; >$100k customers up 31%.
- Q4 guidance: revenue $1.095-1.105B; non-GAAP diluted EPS $0.75-0.78. Full year FY2023 revenue $4.37-4.38B.