Categories AlphaGraphs, Earnings, Technology

ZM Earnings: A snapshot of Zoom Video Communications’ Q1 2024 earnings

Zoom Video Communications (NASDAQ: ZM) on Monday reported higher adjusted earnings for the first quarter when its revenues increased 3%. The company also provided guidance for the second quarter and fiscal 2024.

Zoom Video Communications Q1 2024 earnings infographic

Adjusted earnings, excluding special items, rose to $1.16 per share in the first quarter from $1.03 per share a year earlier. On an unadjusted basis, the company reported net income of $15.4 million or $0.05 per share, compared to $113.6 million or $0.37 per share in the first quarter of 2023.

At $1.11 billion, net revenues were up 3% year-over-year. The company had around 215,900 Enterprise customers at the end of the quarter, up 9% year over year.

“The Zoom platform is designed to support limitless human connection to empower the modern workday and strengthen customer relationships. Our customers see Zoom as mission-critical in how they collaborate internally and externally across the globe,” said Zoom’s CEO Eric Yuan.

Prior Performance

  • Zoom Video Communications Q3 2023 earnings infographic
  • Zoom Video Communications Q2 2023 earnings infographic
  • Zoom Communications Q1 2023 earnings infographic

_________________________________________________________________________________________________________________

Stocks you may like:

Apple (AAPL) Stock

Microsoft (MSFT) Stock

Alphabet (GOOGL) Stock

International Business Machines Corp. (IBM) Stock

_________________________________________________________________________________________________________________

Most Popular

Important takeaways from Conagra Brands’ Q4 2025 report

Conagra Brands, Inc. (NYSE: CAG), a leading provider of consumer packaged goods, reported weaker-than-expected sales and adjusted earnings for its fourth quarter, reflecting ongoing economic uncertainty and muted consumer spending.

Delta Air Lines (DAL) gains on strong Q2 2025 performance

Shares of Delta Air Lines (NYSE: DAL) rose 12% on Thursday after the company delivered strong results for the second quarter of 2025 and restored its guidance for the full

CAG Earnings: Conagra Brands Q4 adj. profit drops, misses estimates

Conagra Brands, Inc. (NYSE: CAG), a leading provider of consumer packaged goods, reported lower sales and adjusted earnings for the fourth quarter of 2025. Results missed analysts' estimates. Net sales

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top