Income from Operations and Operating Margin: GAAP income from operations for the first quarter was $9.7 million, compared to GAAP income from operations of $187.1 million in the first quarter of fiscal year 2023.Enterprise revenue was $632.0 million, up 13% year over year, and Online revenue was $473.4 million, down 8% year over year. After adjusting for foreign currency impact, revenue in constant currency was $1,123.8 million, up 5% year over year.

Revenue: Total revenue for the first quarter was $1,105.4 million, up 3% year over year.The solid start to the year has enabled us to raise our outlook for fiscal year 2024 while continuing to invest in innovations such as AI to help make interactions more meaningful and communications more effective.”įirst Quarter Fiscal Year 2024 Financial Highlights: “This relationship with our customers helped us to exceed our guidance due to Enterprise growth and stabilizing Online revenue while driving greater efficiencies in our business to deliver strong profitability and free cash flow margin.

Our customers see Zoom as mission-critical in how they collaborate internally and externally across the globe,” said Eric S. 'The Zoom platform is designed to support limitless human connection to empower the modern workday and strengthen customer relationships. (NASDAQ: ZM), today announced financial results for the first fiscal quarter ended April 30, 2023. SAN JOSE, Calif., (GLOBE NEWSWIRE) - Zoom Video Communications, Inc.

Number of customers contributing more than $100,000 in trailing 12 months revenue up 23% year over year.

First quarter GAAP operating margin of 0.9% and non-GAAP operating margin of 38.2%.

First quarter Enterprise revenue of $632.0 million, up 13% year over year.

First quarter total revenue of $1,105.4 million, up 3% year over year as reported and 5% in constant currency.

Zoom video communication inc