Zoom (ZM) Q1 Earnings Beat, Enterprise Customers Drive Revenues
Zoom(ZM) zacks.com·2024-05-21 23:51
Zoom’s (ZM) first-quarter fiscal 2025 adjusted earnings of $1.35 per share beat the Zacks Consensus Estimate by 13.45% and increased 16.4% year over year.Revenues of $1.14 billion beat the consensus mark by 1.41% and increased 3.3% year over year on strong growth from Enterprise customers. Adjusting for foreign currency impact, revenues in constant currency were $1,143.6 million, up 3.5% year over year.Revenues increased 4% in America and 2% in EMEA, while international market revenues from APAC decreased 2 ...