Zoom Communications Inc. reported first-quarter earnings of $1.43 per share, beating the $1.31 estimate, while revenue of $1.17 billion met expectations. The company ended the quarter with 4,192 customers contributing over $100,000 in trailing 12-month revenue, an 8% year-over-year increase. CEO Eric Yuan credited strong platform performance and AI-first innovation amid economic uncertainty. Zoom raised its full-year adjusted EPS guidance to $5.56 to $5.59 and lifted its revenue outlook to $4.8 to $4.81 billion. Shares rose 1.74% in after-hours trading.
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00:00It's Benzinga bringing Wall Street to Main Street.
00:02Zoom Communications reported first-quarter earnings of $1.43 per share,
00:06beating the $1.31 estimate, or revenue of $1.17 billion met expectations.
00:11The company ended the quarter with 4,192 customers,
00:14contributing over $100,000 in trailing 12-month revenue, an 8% year-over-year increase.
00:19CEO Eric Wan credited strong platform performance and AI-first innovation amid economic uncertainty.
00:24Zoom raised its full-year adjusted EPS guidance to $5.56, $5.59.
00:28With its revenue outlook to $4.8 to $4.81 billion, shares rose 1.74% in after-hours trading.
00:35For all things money, visit Benzinga.com slash GSTV.