04:54 PM EDT, 05/21/2025 (MT Newswires) -- Zoom Communications ( ZM ) late Wednesday reported a surprise increase in fiscal first-quarter earnings, while the video communication platform's revenue matched Wall Street's expectations.
Adjusted per-share earnings rose to $1.43 during the three months ended April 30 from $1.35 a year earlier. The consensus on FactSet was for a decline to $1.31. Revenue grew 2.9% to $1.17 billion, in line with the Street's call.
Enterprise revenue gained 5.9% year-over-year to $704.7 million, while online sales fell 1.2% to $470 million.
Zoom expects fiscal 2026 adjusted EPS of $5.56 and $5.59, up from $5.34 and $5.37 previously projected. Revenue is pegged at $4.8 billion to $4.81 billion, compared with the prior $4.785 billion and $4.795 billion range. The consensus among analysts on FactSet is for $5.39 in non-GAAP EPS and $4.79 billion of revenue.
Zoom forecasts second-quarter adjusted EPS of $1.36 and $1.37 on revenue between $1.195 billion and $1.2 billion. The Street's views are for $1.35 and $1.193 billion, respectively.
The company's shares were up 0.8% in after-hours trading.