Zoom Video Communications, Inc. (ZM)
Zoom Doubles Down on AI Strategy to Fuel Future Growth
Zoom is making a bet that artificial intelligence will be the key to driving growth and expanding its business beyond video conferencing. The video communications company's first-quarter earnings call was dominated by discussions of AI, with executives highlighting Zoom's significant investments in the technology and the early success of its new AI-powered offerings.
Zoom Doubles Down on AI Strategy to Fuel Future Growth
Zoom is making a bet that artificial intelligence will be the key to driving growth and expanding its business beyond video conferencing. The video communications company's first-quarter earnings call was dominated by discussions of AI, with executives highlighting Zoom's significant investments in the technology and the early success of its new AI-powered offerings.
Zoom Stock Is Tumbling. After Earnings, Analysts Are Upbeat on AI Initiatives.
Videoconferencing firm Zoom expects second-quarter revenue of $1.145 billion to $1.15 billion, shy of the $1.151 billion analysts had expected.
Zoom trades lower as near-term forecast underwhelms
Zoom Video Communications Inc (NASDAQ:ZM) traded lower in 'afterhours' trade, losing just over 1%, after guidance for its second quarter came shy of expectations. A forecast of second-quarter sales between $1.145 billion to $1.15 billion  underwhelmed Wall Street, as it was beneath an analyst consensus forecast of $1.15 billion Zoom predicted earnings of $1.20 to $1.24 per share in the second quarter, which was similarly soft versus prevailing market forecasts pitched at $1.24.
Zoom Video Communications, Inc. (ZM) Q1 2025 Earnings Call Transcript
Zoom Video Communications, Inc. (NASDAQ:ZM ) Q1 2025 Earnings Conference Call May 20, 2024 5:00 PM ET Company Participants Charles Eveslage - Head of IR Eric Yuan - Founder & CEO Kelly Steckelberg - CFO Conference Call Participants Meta Marshall - Morgan Stanley Samad Samana - Jefferies Michael Funk - Bank of America Rishi Jaluria - RBC Capital Markets Siti Panigrahi - Mizuho Catharine Trebnick - Rosenblatt Securities Ryan MacWilliams - Barclays William Power - Robert Baird Tyler Radke - Citigroup Alex Zukin - Wolfe Research Matthew VanVliet - BTIG Ryan Koontz - Needham James Fish - Piper Sandler Michael Turrin - Wells Fargo Operator FY'25 earnings webinar. As a reminder, today's webinar is being recorded and I will now hand things over to Charles Eveslage, incoming Head of Investor Relations.
Zoom Video (ZM) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates
While the top- and bottom-line numbers for Zoom Video (ZM) give a sense of how the business performed in the quarter ended April 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
ZM Earnings: Zoom Video Beats EPS Estimates, Misses on Guidance
Shares of video communications platform Zoom Video (NASDAQ:ZM) were little changed in after-hours trading after the company reported earnings for its first quarter of Fiscal Year 2025. Earnings per share
Zoom Video Earnings Beat. Guidance Light As Wall Street Looks For Bottom.
Zoom Video reported Q1 earnings that topped estimates while revenue guidance came in slightly below expectations.
Zoom bumps its longer-term outlook higher, but near-term forecast comes up short
Zoom Video Communications Inc. on Monday bumped its full-year profit and sales forecast higher, after reporting first-quarter results that beat Wall Street's expectations, helped by a broader artificial-intelligence rollout across the video-calling platform's products.
Zoom Video raises full-year revenue forecast
Zoom Video Communications raised its full-year revenue forecast on Monday, helped by robust demand for its product portfolio as companies continue to adopt hybrid work models.
Zoom (ZM)stock: pandemic darling faces a bleak future
Zoom Communications (NASDAQ: ZM) stock price has gone through a prolonged turbulence in the past few years. After surging to $588 during the pandemic, it has dropped to $64, bringing its market cap to $19 billion from a peak of $182 billion.
