Earnings Report Review for Zoom (01Mar2022) - good quarter but ... ...
Zoom released their learnings in the after-hours of 28 Feb 2022. The after-hours price fell to $130.00 a drop of 1.96% when it closed at 7.59pm EST. Zoom 1 Day Chart (from Yahoo Finance) Zoom did not have a bad quarter and the drop is largely due to the lower guidance provided for the next fiscal year. Zoom beat both EPS and Revenue as per 28 Feb 2022 earnings The forecasted quarterly EPS and Revenue stood at $1.07 and $1.05B. The actual came out better at $1.29 and $1.05B for EPS and revenue respectively. For beating the market forecast, it is proven once again that the guidance can weigh heavier on the market sentiments. Zoom's FY22 performance overview Now, let us look into some of the highlights for Zoom <as per their earnings slide>: There is a 55% year on year revenue Non-GAAP operating margin stands at a commendable 40.4% Adjusted Free Cash Flow margin stood at a good 38.0% Comparing Q4FY21 to Q4FY22, these are the highlights 66% increase in customers cont...