Zoom stock results – zoom stock results:. Zoom Video Communications Reports Fourth Quarter and Fiscal Year 2022 Financial Results
We launched Zoom Apps, bringing over 50 apps directly into the Zoom experience, and Zoom Events, an all-in-one digital events service. Today we are a global brand counting over half a million customers with more than 10 employees, which we believe positions us extremely well to support organizations and individuals as they look to reimagine work, communications, and collaboration.
Customer Metrics: Drivers of total revenue included acquiring new customers and expanding across existing customers. At the end of the second quarter of fiscal year , Zoom had:. Financial Outlook: Zoom is providing the following guidance for its third quarter fiscal year and its full fiscal year Additional information on Zoom’s reported results, including a reconciliation of the non-GAAP results to their most comparable GAAP measures, is included in the financial tables below.
A reconciliation of non-GAAP guidance measures to corresponding GAAP measures is not available on a forward-looking basis without unreasonable effort due to the uncertainty of expenses that may be incurred in the future, although it is important to note that these factors could be material to Zoom’s results computed in accordance with GAAP. About Zoom Zoom is for you.
We help you express ideas, connect to others, and build toward a future limited only by your imagination. Our frictionless communications platform is the only one that started with video as its foundation, and we have set the standard for innovation ever since. That is why we are an intuitive, scalable, and secure choice for large enterprises, small businesses, and individuals alike.
Visit zoom. Zoom assumes no obligation to update forward-looking statements to reflect events or circumstances after the date they were made, except as required by law. Zoom defines non-GAAP income from operations as income from operations excluding stock-based compensation expense and related payroll taxes, expenses related to charitable donation of common stock, acquisition-related expenses, and litigation settlements, net.
Zoom excludes the amount of employer payroll taxes related to employee stock plans, which is a cash expense, in order for investors to see the full effect that excluding stock-based compensation expense had on Zoom’s operating results. In particular, this expense is dependent on the price of our common stock and other factors that are beyond our control and do not correlate to the operation of the business.
Zoom views acquisition-related expenses when applicable, such as amortization of acquired intangible assets, transaction costs, and acquisition-related retention payments that are directly related to business combinations as events that are not necessarily reflective of operational performance during a period. Zoom excludes significant litigation settlements, net of amounts covered by insurance, that we deem not to be in the ordinary course of our business. In particular, Zoom believes the consideration of measures that exclude such expenses can assist in the comparison of operational performance in different periods which may or may not include such expenses and assist in the comparison with the results of other companies in the industry.
Zoom defines non-GAAP net income and non-GAAP net income per share, basic and diluted, as GAAP net income attributable to common stockholders and GAAP net income per share attributable to common stockholders, basic and diluted, respectively, adjusted to exclude stock-based compensation expense and related payroll taxes, expenses related to charitable donation of common stock, acquisition-related expenses, litigation settlements, net, gains on strategic investments, and undistributed earnings attributable to participating securities.
Zoom excludes gains on strategic investments because given the size and volatility in the ongoing adjustments to the valuation of our strategic investments, we believe that excluding these gains or losses facilitates a more meaningful evaluation of our operational performance. Zoom defines non-GAAP weighted-average shares used to compute non-GAAP net income per share, basic and diluted, as GAAP weighted average shares used to compute net income per share attributable to common stockholders, basic and diluted, adjusted to reflect the common stock issued in connection with the IPO, including the concurrent private placement, that are outstanding as of the end of the period as if they were outstanding as of the beginning of the period for comparability.
Free Cash Flow. Zoom defines free cash flow as GAAP net cash provided by operating activities less purchases of property and equipment. Zoom considers free cash flow to be a liquidity measure that provides useful information to management and investors regarding net cash provided by operating activities and cash used for investments in property and equipment required to maintain and grow the business. Customer Metrics Zoom defines a customer as a separate and distinct buying entity, which can be a single paid host or an organization of any size including a distinct unit of an organization that has multiple paid hosts.
Zoom defines ARR as the annualized revenue run rate of subscription agreements from all customers at a point in time. For the trailing 12 months calculation, Zoom takes an average of the net dollar expansion rate over the trailing 12 months. Zoom Video Communications, Inc. Condensed Consolidated Balance Sheets Unaudited, in thousands. Condensed Consolidated Statements of Operations Unaudited, in thousands, except share and per share amounts. Skip to main navigation.
August 30, PDF Version. For the second quarter, GAAP operating margin was As of. July 31 , January 31 , Cash and cash equivalents. Marketable securities. Accounts receivable, net. Deferred contract acquisition costs, current. Prepaid expenses and other current assets. Total current assets. Accounts payable. Accrued expenses and other current liabilities. Deferred revenue, current. Total current liabilities. Preferred stock. Common stock. Additional paid-in capital.
Accumulated other comprehensive income. Retained earnings. Three Months Ended July 31 ,. Six Months Ended July 31 ,. Research and development. Sales and marketing. General and administrative. Total operating expenses. Undistributed earnings attributable to participating securities. Weighted-average shares used in computing net income per share attributable to common stockholders:.
Adjustments to reconcile net income to net cash provided by operating activities:. Stock-based compensation expense. Amortization of deferred contract acquisition costs. Gains on strategic investments. Charitable donation of common stock. Provision for accounts receivable allowances. Depreciation and amortization. Non-cash operating lease cost. Changes in operating assets and liabilities:. Accounts receivable. Prepaid expenses and other assets. Deferred contract acquisition costs. Accrued expenses and other liabilities.
Deferred revenue. Operating lease liabilities, net. Net cash provided by operating activities. Purchases of marketable securities. Maturities of marketable securities. Sales of marketable securities. Purchases of property and equipment. Purchases of strategic investments.
Cash paid for acquisition, net of cash acquired. Purchase of intangible assets. Net cash used in investing activities. Proceeds from issuance of common stock for employee stock purchase plan.
Proceeds from employee equity transactions to be remitted to employees and tax authorities, net. Proceeds from exercise of stock options. Net cash provided by financing activities. Net increase decrease in cash, cash equivalents, and restricted cash.
Cash, cash equivalents, and restricted cash — beginning of period. GAAP income from operations. Stock-based compensation expense and related payroll taxes.
Litigation settlements, net. Acquisition-related expenses. GAAP net income per share – basic. Non-GAAP net income per share – basic. GAAP net income per share – diluted. Non-GAAP net income per share – diluted.
ZM | Zoom Video Communications Inc. Stock Price & News – WSJ
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Perhaps no company is more emblematic of the pandemic’s impact on the stock market than Zoom Video Communications ZM After going public in April of , Zoom ended that year up only 9. However, told a different story. Amidst all this stock volatility, Zoom has consistently produced strong business results, and the recent sell-off has made shares much more affordable.
With a recent earnings report providing an update on the business, let’s take a look to see if Zoom stock is a buy now. Zoom’s recent earnings release was for Q3 of the fiscal year , ending April 30, As Zoom laps the quarters where the pandemic had its greatest impact on revenue, growth numbers will appear lower than what investors may be used to.
This deceleration in year-over-year revenue growth was to be expected. What’s going to be important to watch moving forward are the customer metrics that Zoom reports. Zoom is clearly providing products that customers see value in, and they’re responding by spending more each year. Zoom is also a cash generation machine.
This cash balance allows Zoom to make investments in the products that attract new customers and drive the company’s impressive net dollar expansion rate. While Zoom’s Q3 results are impressive, investors should be aware that some of these metrics are slowing from where they were over the past few quarters. As mentioned above, all of these metrics were bound to slow after Zoom pulled forward so much growth over the past few years.
It remains to be seen what growth looks like in the coming quarters and years as the business normalizes. However, even if the results from this quarter continue to hold steady into the future, that level of business performance would still be impressive.
When Zoom was growing revenue in the triple digits during and , the market had the stock priced as if that growth would never slow. While that was exciting if you were a shareholder, it made buying shares at that time a dicey proposition. On the flip side, the stock is now priced more reasonably, if not undervalued, for what’s likely to be Zoom’s business performance going forward.
While that wouldn’t be considered cheap, it is the lowest price-to-earnings multiple that Zoom has had since its IPO. For investors who believe Zoom’s strong results can continue for years to come , now might be the time to pick up some shares at a discount. Cost basis and return based on previous market day close. Calculated by average return of all stock recommendations since inception of the Stock Advisor service in February of Discounted offers are only available to new members. Calculated by Time-Weighted Return since Volatility profiles based on trailing-three-year calculations of the standard deviation of service investment returns.
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Current Price. Recent earnings show a business that continues to put up strong results despite the stock’s performance. Image source: Getty Images.
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ZM – Zoom Video Communications Inc Stock Price Quote – NASDAQ | Morningstar – When Did Zoom Video Announce Earnings?
Zoom Video Communications annual revenue for was $B, a % increase from Compare ZM With Other Stocks. Key Stock Data · P/E Ratio (TTM). (06/03/22) · EPS (TTM) · Market Cap B · Shares Outstanding. M · Public Float. M · Yield. ZM is not. $ZM Insiders are selling as even they know this is it. Their balance sheet was too good due to the pandemic, but they simply aren’t equipped to.
Zoom stock results – zoom stock results:. Zoom Video Communications Inc.
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