secwatch.observer — SEC 8-K summary
======================================

Issuer:     Zoom Communications, Inc. (ZM)
CIK:        0001585521
Form:       8-K
Filed at:   2024-05-20T23:59:59+00:00
Accession:  0001585521-24-000091
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Zoom Q1 revenue up 3.2% to $1.14B; non-GAAP EPS $1.35 beats prior-year $1.16; operating cash flow up 41%
--------------------------------------------------------------------------------

- Total revenue $1,141.2M (+3.2% YoY); Enterprise revenue $665.7M (+5.3%); Online revenue flat at $475.5M.
- GAAP operating margin 17.8% (vs 0.8% prior year); non-GAAP op margin 40.0% (vs 38.2%).
- GAAP net income $216.3M ($0.69 EPS) vs $15.4M ($0.05 EPS); non-GAAP net income $426.3M ($1.35 EPS).
- Operating cash flow $588.2M (+40.6%); free cash flow $569.7M (+43.6%). Repurchased ~2.4M shares; $1.35B remaining authorization.
- Q2 FY2025 guidance: revenue $1.145-1.150B; non-GAAP EPS $1.20-1.21. Full FY revenue $4.61-4.62B.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1585521/000158552124000091/0001585521-24-000091-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1585521/000158552124000091/zm-20240520.htm
  HTML page:      https://secwatch.observer/filing/0001585521-24-000091

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer