"Zoom Video Communications posted $1.247 billion in Q4 revenue, up 5.3% year-over-year, beating estimates by 0.6%. However, the full-year non-GAAP EPS of $5.92 missed the $5.9724 estimate, marking Zoom's first EPS miss in seven quarters."
"The Q4 non-GAAP EPS of $1.44, which beat the $0.85 estimate by 69%, was heavily distorted by $532 million in gains on strategic investments. Free cash flow fell nearly 19% year-over-year in Q4."
"Sentiment on r/wallstreetbets has been predominantly bullish, with scores ranging from 76 to 82. The conversation centers on a thread arguing that Zoom's stake in Anthropic makes it an efficient way to buy exposure at a discount."
Zoom Video Communications reported $1.247 billion in Q4 revenue, a 5.3% increase year-over-year, surpassing estimates. However, the full-year non-GAAP EPS of $5.92 fell short of expectations, marking the first miss in seven quarters. Despite a 9.3% growth in high-value enterprise customers, free cash flow declined nearly 19%. The sentiment on Reddit's r/wallstreetbets has been bullish, focusing on Zoom's stake in Anthropic and its financial metrics, suggesting it offers a cost-effective way to invest in Anthropic.
Read at 24/7 Wall St.
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