Zoom Video Communications

Zoom Income Statement | $ZM (+0.91%)

$ZM (+0.91%) | Zoom Communications Q3 Earnings Highlights

🔹 Non-GAAP EPS: $1.38 (Est. $1.31) 🟢

🔹 Total Revenue: $1.18B (Est. $1.16B) 🟢; UP +3.6% YoY

Q4 Guidance:

🔹 Revenue: $1.175B-$1.18B (Est. $1.17B) 🟡

🔹 Non-GAAP EPS: $1.29-$1.30 (Est. $1.28) 🟢

FY25 Guidance:

🔹 Revenue: $4.656B-$4.661B (Est. $4.66B) 🟡; Growth of +3.7% YoY

🔹 Non-GAAP EPS: $5.41-$5.43 (Est. $5.41) 🟡

🔹 Free Cash Flow: $1.58B-$1.62B

Other Key Q3 Metrics:

🔹 Enterprise Revenue: $698.9M; UP +5.8% YoY

🔹 Online Revenue: $478.7M; Flat YoY

🔹 Non-GAAP Operating Margin: 38.9%

🔹 Free Cash Flow: $457.7M; UP +1.0% YoY

🔹 Operating Cash Flow: $483.2M; DOWN -2.0% YoY

🔹 Gross Profit: $893.7M; UP +3.2% YoY

Customer Metrics

🔹 Customers Contributing >$100K in TTM Revenue: 3,995; UP +7.1% YoY

🔹 Enterprise Customers: 192,400

🔹 Trailing 12-Month Net Dollar Expansion Rate for Enterprise Customers: 98%

🔹 Online Monthly Average Churn: 2.7%; DOWN 30 bps YoY

🔹 Percentage of Online Monthly Recurring Revenue from Customers with Continual Service (16+ months): 74.1%; UP 90 bps YoY

Operational Highlights

🔸 Corporate name changed to Zoom Communications to reflect its broader vision.

🔸 Announced AI Companion 2.0 and paid AI add-ons, including industry-specific AI customization.

🔸 Secured a 20,000-seat Zoom Contact Center deal in EMEA.

🔸 Workvivo signed its largest deal with a Fortune 10 company.

🔸 Expanded stock repurchase authorization by $1.2B, bringing the total authorization to $2.0B.

CEO Commentary

🔸 Eric S. Yuan, Founder and CEO:

"In Q3, we were pleased to see revenue and enterprise revenue growth improve to approximately 4% and 6% YoY, respectively, and online monthly average churn reach an all-time low of 2.7%. Our investments in AI and integrated platforms are driving strong enterprise adoption and expansion."

Stock Repurchase Program

🔹 Repurchased 4.4M shares of common stock in Q3.

🔹 Authorization increased by $1.2B, bringing the total to $2.0B available for repurchase. 👀

Has the rebound rally for $ZM (+0.91%) begun?

Zoom has been on an upward trend since its Q2 earnings release, with stronger RPO bookings, its commitment to lower stock dilution, and improving churn rates. Anyone a fan of this stock?🤔 We just don't see any long-term durable competitive advantage with this one..

Do you think this is still a good ETF? A few years ago I bought Wisdom Cloud Computing ETF $WCLD (+1.16%)

It is an ETF where I have the most losses but I personally think it still has a future.

The ETF consists of:

Samsara Inc-Cl A 1.86% $IOT

Gitlab Inc-Cl A 1.86% $GTLB (+6.98%)

Box Inc - Class A 1.82% $BOX (-0.1%)

Zoominfo Technologies Inc-A 1.80% $ZTNO

Zoom Video Communications-A 1.79% $ZM (+0.91%)

Mongodb Inc 1.78% $MDB (-0.58%)

Veeva Systems Inc-Class A 1.75% $VEEV (+0.84%)

AvePoint Inc 1.71% $AVPT

Workday Inc 1.67% $WDAY (+1.08%)

Dropbox Inc-Class A 1.66% $DBX (+1.99%)

Remaining Portfolio 82.30%

I am curious about your opinion!

$ZM (+0.91%) - Zoom Video Q2 Earnings Highlights:

• Revenue: $1.162B (Est. $1.15B) ; UP +2.1% YoY
• Adj EPS: $1.39 (Est. $1.22)
• Cash and Cash Equivalents: $1.54B (Est. $2.02B) 

FY25 Forecast:

• Revenue: $4.63B-$4.64B (Est. $4.62B)
• Full-Year Free Cash Flow: $1.58B-$1.62B
• Full-Year Non-GAAP Income from Operations: $1.79B-$1.80B
• Full-Year Non-GAAP EPS: $5.29-$5.32

Q3 Outlook:

• Revenue: $1.160B-$1.165B
• Non-GAAP EPS: $1.29-$1.31

#earnings
#quartalszahlen

Zoom Earnings $ZM (+0.91%)

Flattened Out

Aanyone at all excited about a potential rebound with $ZM (+0.91%) 🤔?