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Zoom Q1 Earnings: Revenue Beat, EPS Beat, Cash Flow Surges, Continued AI Integration And More

Summary

Zoom reports first-quarter revenue of $1.14 billion, beating the consensus estimate of $1.13 billion billion. Zoom's top-line results were up 3.2% on a year-over-year basis. Enterprise revenue was up 5.3% year-over-year, while online revenue was flat on a year-over-year basis. The communications company reported adjusted earnings of $1.35 per share, beating analyst estimates of $1.20 per share.

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Article published on May 20, 2024 by benzinga

    Zoom Q1 Earnings: Revenue Beat, EPS Beat, Cash Flow Surges, Continued AI Integration And More | ZM Stock News | Candlesense