Zoom Video Non-GAAP EPS of $1.34 beats by $0.28, revenue of $1.14B beats by $30M
Zoom Video press release (NASDAQ:ZM): Q2 Non-GAAP EPS of $1.34  beats by $0.28.
Revenue of $1.14B (+3.6% Y/Y)  beats by $30M.
up 3.6% year over year as reported and 4.5% in constant currency
Second quarter Enterprise revenue of $659.5 million, up 10.2% year over year
Second quarter GAAP operating margin of 15.6% and non-GAAP operating margin of 40.5%
Second quarter operating cash flow of $336.0 million, up 30.6% year over year
Number of customers contributing more than $100,000 in trailing 12 months revenue up 17.8% year over year.

Q3 Outlook: Total revenue is expected to be between $1.115 billion and $1.120 billion and revenue in constant currency is expected to be between $1.117 billion and $1.122 billion. Non-GAAP income from operations is expected to be between $400.0 million and $405.0 million. Non-GAAP diluted EPS is expected to be between $1.07 and $1.09 with approximately 309 million weighted average shares outstanding.

2024 Outlook: Total revenue is expected to be between $4.485 billion and $4.495 billion and revenue in constant currency is expected to be between $4.516 billion and $4.526 billion. Full fiscal year non-GAAP income from operations is expected to be between $1.685 billion and $1.695 billion. Full fiscal year non-GAAP diluted EPS is expected to be between $4.63 and $4.67 with approximately 308 million weighted average shares outstanding.
Shares +7.17%.


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