Zoom Video Communications Reports Q4 EPS Of $0.87

Reuters2021-03-02

March 1 (Reuters) - Zoom Video Communications Inc :

* ZOOM VIDEO COMMUNICATIONS REPORTS FOURTH QUARTER AND FISCAL YEAR 2021 FINANCIAL RESULTS

* Q4 REVENUE $882.5 MILLION VERSUS REFINITIV IBES ESTIMATE OF $811.8 MILLION

* SEES Q1 NON-GAAP EARNINGS PER SHARE $0.95 TO $0.97

* SEES FY NON-GAAP EARNINGS PER SHARE $3.59 TO $3.65

* Q4 GAAP EARNINGS PER SHARE $0.87

* Q4 EARNINGS PER SHARE ESTIMATE $0.79 -- REFINITIV IBES DATA

* FOR Q4, GAAP OPERATING MARGIN WAS 29.0% AND NON-GAAP OPERATING MARGIN WAS 40.9%

* Q1 FISCAL YEAR 2022 TOTAL REVENUE IS EXPECTED TO BE BETWEEN $900.0 MILLION AND $905.0 MILLION

* FULL FISCAL YEAR 2022 TOTAL REVENUE IS EXPECTED TO BE BETWEEN $3.760 BILLION AND $3.780 BILLION

* QTRLY NON-GAAP NET INCOME PER SHARE - DILUTED $1.22

* Q1 EARNINGS PER SHARE VIEW $0.72, REVENUE VIEW $829.1 MILLION -- REFINITIV IBES DATA

* FY2022 EARNINGS PER SHARE VIEW $2.96, REVENUE VIEW $3.56 BILLION -- REFINITIV IBES DATA

* AT END OF Q4 2021, ZOOM HAD ABOUT 467,100 CUSTOMERS WITH MORE THAN 10 EMPLOYEES, UP ABOUT 470% FROM SAME QUARTER LAST FY

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