Zoom Communications Fiscal Q1 Non-GAAP Earnings, Revenue Rise; FY Guidance Boosted

MT Newswires Live
05/22

Zoom Communications (ZM) reported fiscal Q1 non-GAAP earnings late Wednesday of $1.43 per diluted share, up from $1.35 a year earlier.

Analysts polled by FactSet expected $1.31.

Revenue in the three months ended April 30 rose to $1.17 billion from $1.14 billion a year earlier. Analysts polled by FactSet expected $1.17 billion.

The company expects fiscal Q2 non-GAAP EPS of $1.36 to $1.37 on revenue of $1.19 billion to $1.2 billion. Analysts polled by FactSet expect EPS of $1.35 on revenue of $1.19 billion.

Zoom Communications raised fiscal 2026 non-GAAP EPS guidance to $5.56 to $5.59 on revenue of $4.8 billion to $4.81 billion. That compared with previous EPS guidance of $5.34 to $5.37 on revenue of $4.785 billion to $4.795 billion.

Analysts polled by FactSet expect EPS of $5.39 on revenue of $4.79 billion.

Shares of the company rose 1.1% in after-hours trading.

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