Zoom Raises Annual Forecasts After Strong Q1 Performance

AI integration and robust demand drive higher revenue and earnings projections for the year.

Zoom's Q1 revenue reached $1.14 billion, surpassing estimates and showing a 3.2% year-over-year increase.
Adjusted earnings per share for Q1 were $1.35, beating analyst expectations of $1.20.
The company reported a 40.6% increase in net cash from operating activities, totaling $588.2 million.
Zoom's AI-powered platforms, including Zoom Workplace, are credited with enhancing productivity and communication.
Full-year revenue is now projected between $4.61 billion and $4.62 billion, with earnings per share expected to be $4.99 to $5.02.