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- Company news: Zoom Video’s (ZM) quarterly results beat analysts’ estimates
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21.05.2024
Company news: Zoom Video’s (ZM) quarterly results beat analysts’ estimates
Zoom Video (ZM) reported Q1 FY2025 earnings of $1.35 per share (versus $1.16 per share in Q1 FY2024), beating analysts’ consensus estimate of $1.19 per share.
The company’s quarterly revenues amounted to $1.141 bln (+3.2% y/y), beating analysts’ consensus estimate of $1.126 bln.
The company also issued downside guidance for Q2 FY2025, seeing EPS of $1.20-$1.21 versus analysts’ consensus estimate of $1.24 and revenues of $1.145-$1.150 bln versus analysts’ consensus estimate of $1.15 bln.
For the full FY2025, the company forecast EPS of $4.99-$5.02 versus analysts’ consensus estimate of $4.90 and revenues of $4.610-$4.620 bln versus analysts’ consensus estimate of $4.61 bln.
ZM fell to $62.80 (-2.01%) in pre-market trading.
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