Categories AlphaGraphs, Earnings, Technology

ZM Infographic: A snapshot of Zoom Video Communications’ Q4 2023 earnings

Zoom Video Communications (NASDAQ: ZM) has reported lower adjusted earnings for the fourth quarter of 2023 when its revenues increased. The company also provided guidance for the first quarter and fiscal 2024.

Zoom Communications Q4 2023 earnings infographic

Adjusted earnings, excluding special items, dropped to $1.25 per share in the fourth quarter from $1.32 per share a year earlier. On an unadjusted basis, the company reported a net loss of $104.1 million or $0.36 per share, compared to a profit of $490.5 million or $1.60 per share in the fourth quarter of 2022.

At $1.12 billion, net revenues were up 4% year-over-year. The company had around 213,000 Enterprise customers at the end of the quarter, up 12% year over year.

Check this space to read management/ analysts’ comments on Zoom Video’s Q4 2023 earnings

“Zoom One adoption continued to accelerate and helped drive Zoom Phone to grow more than 100% year over year, surpassing 5.5 million seats in Q4. Our emerging technologies such as Zoom Contact Center picked up pace as customer experience teams recognized the value of a modern, integrated collaboration solution,” 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

Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!

Most Popular

Infographic: How Macy’s (M) performed in Q4 2023 financial results

Macy’s, Inc. (NYSE: M) reported fourth quarter 2023 earnings results today. Net sales were $8.1 billion, down 1.7% versus the same period a year ago. Total revenue dropped to $8.37

AZO Earnings: AutoZone’s Q2 2024 earnings rise on higher sales

AutoZone, Inc. (NYSE: AZO) announced financial results for the second quarter of 2024, reporting higher sales and net profit. The company had a total of 7,191 stores open at the end

SJM Earnings: Key quarterly highlights from J.M. Smucker’s Q3 2024 financial results

The J.M. Smucker Co. (NYSE: SJM) reported third quarter 2024 earnings results today. Net sales increased 1% year-over-year to $2.23 billion. Organic sales increased 6%. Net income decreased 42% to

Add Comment
Viewing Highlight