Zoom Video Communications, Inc. beats profit estimates in first quarter.

From Nasdaq: 2025-05-21 17:05:00

Zoom Video Communications, Inc. reported a first-quarter profit of $254.60 million, or $0.81 per share, beating Street estimates. Adjusted earnings were $448.29 million or $1.43 per share, higher than analysts’ expectations of $1.31 per share. Revenue for the period increased by 2.9% to $1.174 million. Earnings on a GAAP basis showed growth compared to the previous year: $254.60 million vs. $216.31 million in earnings, and $0.81 vs. $0.69 in EPS, with revenue rising to $1.174 million from $1.141 million.

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Read more at Nasdaq: Zoom Video Communications, Inc. Q1 Profit Increases, Beats Estimates