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00:02Zoom reported first quarter adjusted earnings of $1.55 per share,
00:07beating analyst estimates of $1.42 per share, according to Benzinga.
00:12Revenue came in at $1.24 billion, topping the consensus estimate of $1.22 billion and rising
00:205.5% year over year. Enterprise revenue grew 7.2% to $755.7 million, while online revenue rose
00:292.8% to $483.3 million. The company ended the quarter with 4,534 customers contributing more
00:38than $100,000 in trailing 12-month revenue up 8.2% year over year. Free cash flow was $500
00:45.5 million.
00:47For the second quarter, Zoom guided revenue of $1.265 billion to $1.27 billion and adjusted
00:54earnings of $1.45 to $1.47 per share. The company raised full-year revenue guidance to $5.08 billion
01:02to $5.09 billion and full-year adjusted earnings to $5.96 to $6 per share.
01:08For all things money, visit Benzinga.com.
01:11For all things money, visit Benzinga.com.
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