Zoom Q1 revenue $1.105B (+3% YoY); raises FY2024 guidance

Zoom Communications, Inc.

2024-Q1 EPS reported $0.05 revenue$1,105,364,000

GAAP diluted EPS $0.05, down from $0.37; Non-GAAP EPS $1.16, up from $1.03.
Enterprise revenue $632M (+13% YoY); Online revenue $473M (-8% YoY).
Raised FY2024 revenue guidance to $4.465-4.485B (prior $4.435-4.455B).
Enterprise customers 215,900 (+9% YoY); customers >$100k TTM up 23%.
Free cash flow $396.7M vs $501.1M YoY; GAAP op margin 0.9% vs 17.6%.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Zoom Communications, Inc. reported Q1 2024 results: revenue $1,105.4 million, net income $15.4 million, EPS $0.05 per share. Guidance raised.

Period: Q1 2024
Revenue: $1,105.4 million
Net income: $15.4 million
EPS: $0.05 per share
Guidance: raised
Result: reported results

Exact text from the filing

in such filing. --- EX-99.1 (EX-99.1) --- Zoom Video Communications Reports Financial Results for the First Quarter of Fiscal Year 2024 • First quarter total revenue of $1,105.4 million, up 3% year over year as reported and 5% in constant currency • First quarter Enterprise revenue of $632.0 million, up 13% year over year • First quarter GAAP operating margin of

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Source: SEC EDGAR

accession 0001585521-23-000125

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