Zoom Q2 FY2024: revenue $1.14B (+3.6% YoY), GAAP EPS $0.59, non-GAAP EPS $1.34

Zoom Communications, Inc.

2024-Q2 EPS reported $0.65 revenue$2,244,040,000

Total revenue $1,138.7M, up 3.6% YoY; Enterprise revenue $659.5M (+10.2%), Online revenue $479.2M (-4.3%).
GAAP net income $182.0M ($0.59 per share), up from $45.7M ($0.15) a year ago; non-GAAP EPS $1.34 vs $1.05.
Operating cash flow $336.0M (+30.6% YoY); free cash flow $289.4M (+26.2%).
Enterprise customers ~218,100 (+6.9%); customers >$100k TTM revenue 3,672 (+17.8%).
Q3 guidance: revenue $1.115-1.120B, non-GAAP EPS $1.07-$1.09. FY2024: revenue $4.485-4.495B, non-GAAP EPS $4.63-$4.67.

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