Categories AlphaGraphs, Earnings, Technology

A snapshot of Zoom Video Communications’ (ZM) Q4 2024 earnings

Zoom Video Communications (NASDAQ: ZM) has reported financial results for the fourth quarter of 2024. The video conferencing platform also provided guidance for the first quarter and fiscal 2025.

Zoom Video Communications Q4 2024 earnings infographic

Adjusted earnings, excluding special items, was $1.42 per share in the fourth quarter, compared to $1.22 per share a year earlier. On an unadjusted basis, the company reported net income of $298.8 million or $0.95 per share for the January quarter, compared to a loss of $104.1 million or $0.36 per share in the fourth quarter of 2023.

Net revenues came in at $1.15 billion in Q4, compared to $1.12 billion in the prior-year period. The company had around 220,400 enterprise customers at the end of the quarter.

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