Zoom Q1 EPS Jumps 75% to $1.42, Revenue Hits $1.24B on Strong Enterprise Growth
ZM sits 52% above its 52-week low of $69.15 on elevated volume (2.0× avg).
Summary
Zoom reported strong Q1 FY27 results, with diluted EPS jumping 75.3% year-over-year to $1.42 and revenue increasing 5.5% to $1.24 billion. Net income also saw a substantial 67.2% rise to $425.68 million. This news provides the specific financial details following yesterday's 8-K, which signaled better-than-expected Q1 performance and raised full-year guidance, and today's 10-Q filing. The robust growth in profitability and revenue, driven by enterprise segment strength and improved gross margins, indicates solid operational execution.
At the time of this announcement, ZM was trading at $105.34 on NASDAQ in the Technology sector, with a market capitalization of approximately $31.1B. The 52-week trading range was $69.15 to $113.73. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Wiseek News.