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