5/10/2023 0 Comments Zoom earnings call“While the macroeconomic situation continues to negatively impact our overall growth, we have maintained a healthy balance sheet and operating cash flow generation of approximately $1.29 billion,” Zoom Chief Executive Eric Yuan said in a statement announcing the results. Zoom ended its fiscal year with adjusted earnings of $4.37 a share on sales of $4.39 billion. For the full year, Zoom executives predicted adjusted earnings of $4.11 to $4.18 a share on revenue of $4.46 billion to $4.48 billion, while analysts on average were expecting $3.66 a share on sales of $4.38 billion. ![]() ![]() ![]() Zoom executives said they expect first-quarter adjusted earnings of 96 cents to 98 cents a share on revenue of $1.08 billion to $1.09 billion, while analysts on average are projecting 86 cents a share on sales of $1.12 billion, according to FactSet.
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