On August 21, 2024, Zoom Video Communications, Inc. reported its financial results for the second quarter of the fiscal year 2025, which ended on July 31, 2024. The company announced a 2.1% year-over-year increase in total revenue, reaching $1,162.5 million, and a 3.5% increase in Enterprise revenue. The GAAP operating margin was 17.4%, with a non-GAAP operating margin of 39.2%. Operating cash flow saw a significant increase of 33.7% compared to the previous year. Zoom also repurchased approximately 4.8 million shares of common stock during the quarter. Additionally, the company reported that Kelly Steckelberg plans to resign as CFO, with a search for her successor underway. Steckelberg will continue in her role through the release of the company's earnings for the fiscal quarter ending October 31, 2024, and will serve...Show More

On August 21, 2024, Zoom Video Communications, Inc. reported its financial results for the second quarter of the fiscal year 2025, which ended on July 31, 2024. The company announced a 2.1% year-over-year increase in total revenue, reaching $1,162.5 million, and a 3.5% increase in Enterprise revenue. The GAAP operating margin was 17.4%, with a non-GAAP operating margin of 39.2%. Operating cash flow saw a significant increase of 33.7% compared to the previous year. Zoom also repurchased approximately 4.8 million shares of common stock during the quarter. Additionally, the company reported that Kelly Steckelberg plans to resign as CFO, with a search for her successor underway. Steckelberg will continue in her role through the release of the company's earnings for the fiscal quarter ending October 31, 2024, and will serve part-time from October 10, 2024. The company's financial outlook for the third quarter of fiscal year 2025 includes total revenue projections between $1.160 billion and $1.165 billion, and non-GAAP income from operations expected to be between $438.0 million and $443.0 million. For the full fiscal year 2025, total revenue is expected to be between $4.630 billion and $4.640 billion, with non-GAAP income from operations projected between $1.790 billion and $1.800 billion.