Welcome to our dedicated page for Zoom Communications news (Ticker: ZM), a resource for investors and traders seeking the latest updates and insights on Zoom Communications stock.
Zoom Video Communications, Inc. is a leading provider of communication technology, specializing in video conferencing, online meetings, and group messaging. Founded in 2011 and headquartered in San Jose, California, Zoom has revolutionized how people connect, collaborate, and communicate in the digital age. Zoom's cloud-native platform enables seamless face-to-face video interactions, connecting users across a wide range of devices and locations, including Windows PC, Mac, iOS, Android, Zoom Rooms, and H.323/SIP room systems. The company's mission is to create a people-centric cloud service that enhances real-time collaboration and improves communication quality and effectiveness.
Zoom has achieved significant milestones, including being named a New Leader in the 2016 Gartner Web Conferencing Magic Quadrant, and earning spots on the Forbes Cloud 100 list and the JMP Hot 100. As of recent developments, Zoom has introduced innovative product offerings such as the Zoom Contact Center, which now serves over 700 customers globally. This platform includes advanced AI solutions, omnichannel capabilities, and workforce management tools, providing exceptional value for businesses of all sizes.
Financially, Zoom continues to show strong performance, with a notable increase in free cash flow and profitability. In the fiscal year ending January 31, 2024, Zoom reported a free cash flow of $1,471.9 million, representing a 32.5% margin. Furthermore, Zoom has announced a stock repurchase program of up to $1.5 billion, reflecting its confidence in the company's long-term growth prospects.
Zoom's commitment to innovation is evident in its continuous introduction of new features and products. The company recently unveiled the Zoom AI Companion, a generative AI digital assistant designed to boost productivity and team effectiveness. This AI companion is offered at no extra charge with a paid license, further democratizing access to advanced AI tools.
Additionally, Zoom has formed strategic partnerships to enhance its offerings. A notable collaboration with Avaya integrates Zoom's AI-powered platform with Avaya’s Communication and Collaboration Suite, providing enterprise customers with sophisticated, user-friendly solutions without disrupting existing systems. Zoom's Workplace platform, powered by AI, is designed to streamline communications, increase engagement, and improve productivity for businesses worldwide.
Zoom (NASDAQ: ZM) and Mitel have launched a global hybrid cloud solution that integrates Zoom Workplace and AI Companion with Mitel's communications platforms. The solution, stemming from their September 2024 partnership, combines Zoom's AI-first collaboration experience with Mitel's enterprise-grade telephony.
The multi-phased rollout begins with integration for Mitel's OpenScape Voice and OpenScape 4000 platforms, expanding to MiVoice Business solutions in coming weeks, and MiVoice 5000 and MX-ONE solutions by end of 2025. OpenScape CP and Mitel 6900 Series devices are now Zoom Phone certified, with OpenScape SBC certification completed for Zoom's BYOP and BYOC capabilities.
The solution enables organizations to maintain control over mission-critical communications while accessing Zoom's collaboration tools, including AI Companion features for content creation and productivity enhancement. According to a June 2024 Mitel-Techaisle survey, 92% of mid-to-large enterprises are considering hybrid deployments.
Zoom Communications (NASDAQ: ZM) reported strong Q4 and FY2025 financial results. Q4 total revenue reached $1,184.1 million, up 3.3% year-over-year, with Enterprise revenue growing 5.9% to $706.8 million. Full fiscal year revenue increased 3.1% to $4,665.4 million.
Q4 GAAP operating margin improved to 19.0%, while non-GAAP operating margin reached 39.5%. Operating cash flow for Q4 grew 20.9% to $424.6 million, with full-year operating cash flow up 21.7% to $1,945.3 million.
The company reported 4,088 customers contributing over $100,000 in trailing 12-month revenue, up 7.3% year-over-year. For FY2026, Zoom projects revenue between $4.785-$4.795 billion and non-GAAP EPS of $5.34-$5.37.
Zoom Communications (NASDAQ: ZM) has announced it will release its Q4 and full fiscal year 2025 financial results on Monday, February 24, 2025, after market close. The company will host a live webinar to discuss the results at 2:00 PM PT / 5:00 PM ET through their investor relations website. A replay of the webinar will be made available approximately two hours after the event concludes.
Zoom (NASDAQ: ZM) has announced significant enhancements to its Team Chat platform, introducing a redesigned sidebar and AI-powered features. The new sidebar offers improved customization options, including drag-and-drop tab arrangement, advanced sorting, and filtering capabilities. Key improvements include:
- Customizable workspace organization with tabs for direct messages, channels, and apps
- Support for code blocks and in-line code formatting
- AI Companion integration for chat summaries and message composition
- Advanced search capabilities across chat, meetings, and documents
- Continuous meeting chat functionality
The AI Companion features are included at no additional cost for eligible paid users, allowing them to generate chat summaries, compose messages, and extract action items from conversations. The platform updates aim to streamline collaboration and improve productivity within the Zoom Workplace ecosystem.
Zoom Communications reported Q3 FY2025 results with total revenue of $1,177.5 million, up 3.6% year over year. Enterprise revenue grew 5.8% to $698.9 million, while Online revenue remained flat at $478.7 million. The company achieved a GAAP operating margin of 15.5% and non-GAAP operating margin of 38.9%. Notable highlights include record-low Online monthly churn of 2.7% and a significant Contact Center deal exceeding 20,000 seats. The company increased its stock repurchase authorization by $1.2 billion, with approximately $2.0 billion remaining. For Q4 FY2025, Zoom expects revenue between $1.175-1.180 billion.
Jenne has announced a strategic partnership with Zoom Video Communications (ZM) to distribute Zoom's AI-first work platform to its resellers and customers. The collaboration will provide access to Zoom's comprehensive suite of solutions, including AI Companion, Phone, Team Chat, Contact Center, Docs, and Meetings. This expansion aims to enhance Jenne's portfolio of unified communications solutions, enabling their partners to deliver modern workplace communication tools to businesses of all sizes. The partnership focuses on meeting the growing demand for flexible, scalable communication platforms in remote, hybrid, and in-office work environments.
Zoom Video Communications (NASDAQ: ZM) has announced it will release its Q3 FY2025 financial results on Monday, November 25, 2024, after market close. The company will host a live Zoom Webinar at 2:00 pm PT / 5:00 pm ET, accessible through their investor relations website. A replay of the webinar will be made available approximately two hours after the event concludes.
Zoom Video Communications (NASDAQ: ZM) has been named a Leader in the 2024 Gartner® Magic Quadrant™ for Unified Communications as a Service (UCaaS), Worldwide for the fifth consecutive time. The report evaluated 11 companies in the unified communications space. Zoom's UCaaS offerings include Zoom AI Companion, Zoom Contact Center, Zoom Team Chat, Zoom Phone, Zoom Meetings, and Workvivo.
Graeme Geddes, chief growth and sales officer at Zoom, stated that this recognition demonstrates their commitment to providing top-tier UCaaS solutions. He emphasized Zoom's consistency in delivering collaboration and communication tools that empower users and enhance productivity, despite changes in the industry over the past five years.
ServiceNow (NYSE: NOW) and Zoom (NASDAQ: ZM) announced an expanded strategic alliance at Zoomtopia 2024 to integrate their generative AI technologies, ServiceNow Now Assist and Zoom AI Companion, in the first half of 2025. This integration aims to offer advanced workflow automation across both platforms, enhancing collaboration and productivity in enterprises.
The integration will allow Zoom AI Companion to summarize and transcribe team discussions, turning action items into tasks connected to ServiceNow workflows. Now Assist for Strategic Portfolio Management can then trigger proper workflows, automatically creating and assigning tickets. This collaboration seeks to transform unstructured conversations into structured data linked to intelligent workflows.
The integration requires the purchase of both Zoom's custom AI Companion add-on and ServiceNow Now Assist, with general availability expected in the first half of 2025.
Zoom unveiled AI-first work platform innovations at Zoomtopia 2024, including Zoom AI Companion 2.0 and a new custom add-on. Key features include:
1. Persistent side panel for seamless AI integration across Zoom Workplace
2. Expanded context understanding and advanced synthesis
3. Web connectivity for real-time information lookup
4. Action detection and completion across workloads
The custom add-on, launching in 2025 at $12/user/month, offers personalization, third-party app integration, and AI Studio for tailored experiences. Other announcements include Zoom Tasks, AI-enhanced Phone features, and industry-specific solutions for healthcare, education, and frontline workers.
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