Zoom shares jump on Q4 earnings beat on top and bottom lines

Zoom Video Communications, Inc. (ZM) posted better than expected Non GAAP EPS of $1.42 vs estimate of $1.15 Revenue of $1.15B(up 2.7%Yoy) compared to the estimate of $1.13B.

Guidance:

ZM see Q1 fiscal 2025 Revenue at $ 1.125 B vs the consensus of $1.13B

First quarter non-GAAP diluted EPS is expected to be between $1.18 and $1.20 vs. consensus of $1.13 

For FY 2025 Revenue at $4.60B vs. consensus of $4.66B

Shares rose as much as 13% in after hours trading on Monday