Zoom Video Communications Reports Financial Results for the First Quarter of Fiscal Year 2025

May 20, 2024

https://www.globenewswire.com/news-release/2024/05/20/2885142/0/en/Zoom-Video-Communications-Reports-Financial-Results-for-the-First-Quarter-of-Fiscal-Year-2025.html

SAN JOSE, Calif., May 20, 2024 (GLOBE NEWSWIRE) — Zoom Video Communications, Inc. (NASDAQ:ZM), today announced financial results for the first fiscal quarter ended April 30, 2024.

“In Q1, we continued to integrate AI across our platform including Zoom Contact Center and Zoom Workplace, our AI-powered collaboration platform that provides customers the ability to reimagine teamwork by streamlining communications, increasing employee engagement, and improving productivity within their organizations,” said Eric S. Yuan, Zoom founder, and CEO. “These innovations combined with our execution and focused investment enabled us to outperform our guidance and drive operating cash flow growth of 40.6% and free cash flow growth of 43.6% year over year.”

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