On Monday, Zoom Video Communications (NASDAQ:ZM) issued a better-than-expected second quarter report, while also lifting its full-year revenue outlook. Zoom is doing a good job in proving to its rival Microsoft Corporation (NASDAQ:MSFT) and others that it is more than a pandemic-only wonder, with its stock going up upon the report.
Zooming in on second quarter results.
For the quarter ended on July 31st, Zoom reported revenue rose 2% to $1.162 billion, with sales growth slowing down for the tenth consecutive quarte. But revenue still topped LSEG's estimate of $1.15 billion.
Net income grew to $219 million, or 70 cents per share with adjusted earnings amounting to $1.39 per share as they rose 4% YoY.
The good news is that large accounts that represent customers contributing more than $100,000 in trailing 12-month revenue grew 7.1% while online average monthly churn reached its lowest ever rate. More precisely, the online monthly churn dropped to a record-low of 2.9%, showing that its users are seeing the added value from AI-features and other new offerings.
A Lifted Guidance
For the October quarter, Zoom guided for revenue from $1.16 billion to $1.165 billion, surpassing Wall Street estimates of $1.157 billion. Zoom also announced the departure of CFO Kelly Steckelberg at the end of the current quarter.
As for the fiscal 2025, Zoom lifted its prior revenue guidance of up to $4.62 billion as it now expects it in the range between $4.63 billion and $4.64 billion.
Zoom's AI-powered tools are being deployed in the post-pandemic hybrid work era.
Despite having a scary competitor like Microsoft and its Teams, Zoom delivered a very solid quarter. The latest results reflect a strong operational execution, greater margin leverage and free cash flow generation.
After struggling with the post-pandemic slowdown, Zoom's business has stabilized. Moreover, CEO Eric Yuan mentioned that the Zoom Contact Center, the company's AI-powered omnichannel platform, landed its biggest contact center customer ever as it continutes to focus on growth reacceleration. With its turnaround efforts led by AI integration and contact centar, Zoom is hoping to go back to growing again like during the good old pandemic times. Therefore, the latest results show that Zoom is doing more than just holding its ground against Microsoft and other rivals. It certainly helps that pressures from EU regulators forced Microsoft to split its Teams and Office bundles, a move that benefited Zoom's competiteness. What Zoom needs to do now is find a way to sustain this impressive momentum of newer product offerings as it hopefully finds its way back to revenue acceleration in the current, fiscal third, quarter.
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周一,Zoom视频通讯(纳斯达克:ZM)发布了一个好于预期的第二季度报告,同时也提高了全年营业收入展望。Zoom在证明自己不仅仅是疫情期间的奇迹方面做得很好,其股价也在报告发布后上涨,这展现了其对手微软-t(纳斯达克:MSFT)及其他公司的竞争实力。
聚焦第二季度业绩。
截至7月31日的季度,zoom的营业收入增长了2%,达到11.62亿美元,销售增长连续第十个季度放缓。但营业收入仍高于LSEG预估的11.5亿美元。
净利润增长到2.19亿美元,每股盈利为0.7美元,调整后每股盈利为1.39美元,同比增长4%。
好消息是,大客户对于过去12个月营收贡献超过10万美元的增长了7.1%,而在线月度流失率达到历史最低水平。具体而言,在线月度流失率降至2.9%,表明用户从人工智能功能和其他新功能中看到了增加的价值。
提高的展望。
对于十月季度,zoom的营业收入指导为11.6亿美元至11.65亿美元,超过了华尔街的估计11.57亿美元。zoom还宣布首席财务官Kelly Steckelberg将在本季度末离职。
至于2025财年,zoom将其之前的营业收入预测从46.2亿美元上调至46.3亿美元至46.4亿美元的区间。
Zoom的人工智能工具正在部署在后疫情混合工作时代。
在经历了后疫情放缓的困境之后,Zoom的业务已经稳定下来。此外,首席执行官Eric Yuan提到Zoom Contact Center,该公司的人工智能驱动的全渠道平台,吸引了迄今最大的联系中心客户,继续专注于增长再加速。通过人工智能整合和联系中心的转型努力,Zoom希望能够像在疫情时期一样再次实现增长。因此,最新的结果显示,Zoom不仅仅在抵抗微软和其他竞争对手方面表现出色,而且还受益于欧盟监管机构的压力迫使微软分拆了Teams和Office捆绑销售,这一举措使Zoom变得更具竞争力。现在Zoom需要做的是找到一种方法来保持这种令人印象深刻的新产品提供的势头,并希望在当前财季第三季度实现营收加速。
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