Markets ZM

Zoom Communications, Inc. Profit Climbs In Q2

(RTTNews) - Zoom Communications, Inc. (ZM) revealed earnings for its second quarter that Increases, from last year

The company's bottom line came in at $1.542 billion, or $5.15 per share. This compares with $358.59 million, or $1.16 per share, last year.

Excluding items, Zoom Communications, Inc. reported adjusted earnings of $464.01 million or $1.55 per share for the period.

The company's revenue for the period rose 4.9% to $1.277 billion from $1.217 billion last year.

Zoom Communications, Inc. earnings at a glance (GAAP) :

-Earnings: $1.542 Bln. vs. $358.59 Mln. last year. -EPS: $5.15 vs. $1.16 last year. -Revenue: $1.277 Bln vs. $1.217 Bln last year.

-Guidance: Next quarter EPS guidance: $ 1.46 To $ 1.48 Next quarter revenue guidance: $ 1.275 B To $ 1.280 B Full year EPS guidance: $ 6.08 To $ 6.12 Full year revenue guidance: $ 5.085 B To $ 5.095 B

RTTNews
Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges.
More articles by this source

Tags

Stocks Mentioned

Latest Articles

Data is currently not available