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Zoom Video Communications (ZM) will release its third-quarter fiscal 2025 results on November 25, expecting revenues between $1.162 billion and $1.165 billion. The Zacks Consensus Estimate for revenue is $1.16 billion, marking a projected growth of 2.34% year-over-year.
Non-GAAP earnings per share are anticipated in the range of $1.29-$1.31, consistent with the consensus estimate of $1.31, reflecting a 1.55% increase compared to the previous year. In the second quarter of fiscal 2025, Zoom had 3,933 customers generating over $100,000 in revenue, constituting 31% of total revenues. The company projects this number will rise to 4,042 in Q3.
Zoom’s efforts in AI and product enhancements, such as the capability to host up to 1 million attendees in webinars and the introduction of Zoom Docs, are expected to drive user growth and revenue. However, the company faces competition from Cisco, Microsoft, and Google Meet, potentially affecting its business among small and medium-sized enterprises.
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