Zoom Q3 Earnings Beat, Enterprise Customers Drive Revenues [Yahoo! Finance]
Zoom Video Communications, Inc. - Class A (ZM)
Last zoom video communications, inc. - class a earnings: 3/4 04:20 pm
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Source: Yahoo! Finance
Zoom's earnings beat the Zacks Consensus Estimate in all the trailing four quarters, the average earnings surprise being 17.81%. Find the latest EPS estimates and surprises on Zacks Earnings Calendar. Revenues of $1.178 billion beat the consensus mark by 1.23% and increased 3.6% year over year on strong growth from Enterprise customers. Adjusting for foreign currency impact, revenues in constant currency were $1.177 billion, up 3.6% year over year. Zoom Video Communications, Inc. price-consensus-eps-surprise-chart | Zoom Video Communications, Inc. Quote Enterprise revenues were $698.9 million, up 5.8% year over year and representing 59.3% of total revenues. Customers contributing more than $100,000 in revenues in the trailing 12 months grew 7.1% to 3,995. These customers accounted for 31% of revenues. The number of Enterprise customers at the end of the fiscal third quarter was approximately 192,400. In the quarter, the percentage of total Online MRR pertaining to Online cu
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ZM
News
- Zoom Video Communications, Inc. (NASDAQ: ZM) was upgraded by analysts at Jefferies Financial Group Inc. from a "hold" rating to a "buy" rating. They now have a $100.00 price target on the stock, up previously from $85.00.MarketBeat
- Zoom Video Communications, Inc. (NASDAQ: ZM) had its price target raised by analysts at Morgan Stanley from $86.00 to $96.00. They now have an "equal weight" rating on the stock.MarketBeat
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ZM
Earnings
- 11/25/24 - Beat
ZM
Sec Filings
- 12/11/24 - Form 4
- 12/11/24 - Form 4
- 12/11/24 - Form 4/A
- ZM's page on the SEC website