Zoom Forecasts FY2027 Revenue Above Estimates After Q1 Sales Rise to $1.24 Billion
Zoom Communications forecast FY2027 revenue of $5.08 billion to $5.09 billion, above estimates of $5.07 billion, after first-quarter revenue rose 5.5% to $1.239 billion, topping expectations. Adjusted earnings were $1.55 a share versus estimates of $1.42, while enterprise revenue increased 7.2% to $755.7 million.
The company pointed to adoption of its broader office and AI products, with AI Companion paid users up 184% from a year earlier and My Notes reaching 1.5 million licensed users within four months of launch. Zoom also added $1 billion to its stock-repurchase authorization, on top of $625 million remaining as of April 30, and the shares rose more than 8% in after-hours trading.
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@alphasenseinc$ZM Earnings: - First quarter total revenue of $1,239.0 million, up 5.5% year over year as reported and 4.6% in constant currency - First quarter Enterprise revenue of $755.7 million, up 7.2% year over year - Trailing 12-month net dollar e
@businessZoom Communications projected stronger-than-anticipated sales growth, suggesting that customers are adopting its expanded suite of office products
@techmemeZoom reports Q1 revenue up 5.5% YoY to $1.24B, vs. $1.22B est., AI Companion paid users up 184%, forecasts FY 2027 revenue above est.; ZM jumps 8%+ after hours (@brodyford_ / Bloomberg) (Visit Techmeme dot com for the link and full context
@stocktwits$ZM beats earnings expectations & is up over 5% after hours
@wallstengine$ZM Q1’27 EARNINGS HIGHLIGHTS 🔹 Revenue: $1.239B (Est. $1.22B) 🟢; +5.5% YoY 🔹 Adj. EPS: $1.55 (Est. $1.42) 🟢 🔹 Enterprise Revenue: $755.7M; +7.2% YoY 🔹 Enterprise NDER: 99%, up from 98% last year FY27 Guide: 🔹 Revenue: $5.080B-$5.090B (Es